The net lending/net borrowing in Belgium and the Netherlands from 2013 to the second quarter of 2020 (in euros per capita) changed drastically. In 2018, net lending in Belgium reached a size of approximately 108 euros per capita. However, this number had risen to approximately 1916 euros per capita in the second quarter of 2020. In the Netherlands, the net lending/net borrowing moved from around 932 euros per capita in 2018 to over 1848 euros per capita in the second quarter of 2020.
The change in the amount of net lending/net borrowing can be explained by the arrival of the COVID-19 pandemic at the start of 2019. Due to the pandemic, with steady numbers of bankruptcy reported in for instance the Netherlands.
Net lending/net borrowing in Belgium, Luxembourg and the Netherlands from 2013 to Q2 2020
(in euros per capita)
The source indicates that "unless otherwise indicated, all data presented in this report are compiled according to the European System of Accounts (ESA) 2010". Also, the numbers used include net capital transfers. The number provided by the source, is the sum of the fourth quarter in the corresponding year.
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ECB. (September 15, 2020). Net lending/net borrowing in Belgium, Luxembourg and the Netherlands from 2013 to Q2 2020 (in euros per capita) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/735107/net-lending-or-net-borrowing-in-belgium-and-the-netherlands/
ECB. "Net lending/net borrowing in Belgium, Luxembourg and the Netherlands from 2013 to Q2 2020 (in euros per capita)." Chart. September 15, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/735107/net-lending-or-net-borrowing-in-belgium-and-the-netherlands/
ECB. (2020). Net lending/net borrowing in Belgium, Luxembourg and the Netherlands from 2013 to Q2 2020 (in euros per capita). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/735107/net-lending-or-net-borrowing-in-belgium-and-the-netherlands/
ECB. "Net Lending/Net Borrowing in Belgium, Luxembourg and The Netherlands from 2013 to Q2 2020 (in Euros per Capita)." Statista, Statista Inc., 15 Sep 2020, https://www.statista.com/statistics/735107/net-lending-or-net-borrowing-in-belgium-and-the-netherlands/
ECB, Net lending/net borrowing in Belgium, Luxembourg and the Netherlands from 2013 to Q2 2020 (in euros per capita) Statista, https://www.statista.com/statistics/735107/net-lending-or-net-borrowing-in-belgium-and-the-netherlands/ (last visited November 21, 2024)
Net lending/net borrowing in Belgium, Luxembourg and the Netherlands from 2013 to Q2 2020 (in euros per capita) [Graph], ECB, September 15, 2020. [Online]. Available: https://www.statista.com/statistics/735107/net-lending-or-net-borrowing-in-belgium-and-the-netherlands/