Government debt of the Netherlands 1995-2021

In 2021, Dutch government debt saw a contrast to the continued decline it started in 2014, as it increased by around 15 billion euros. 2014 saw the highest government debt in the period surveyed, but then ruling government coalition Rutte II, which consisted of VVD (the Liberal Party) and PvdA (Labor), started to reduce the government debt. This policy continued in the next government of Rutte II, with VVD, CDA (Christian Democrats), CU (Conservative Christians) and D66 (Moderates). With success, as the government debt as share of GDP decreased from nearly 68 percent of GDP to just over 48.6 percent of GDP.