Macroeconomic scoreboard 2006 - 2013
| Periods | Private sector credit flow as a % of GDP (%) |
|---|---|
| 2013* | 1.7 |
| Source: CBS. | |
Table explanation
To identify in a timely manner existing and potential imbalances and possible macroeconomic risks within the countries of the European Union in an early stage, the European Commission has drawn up a scoreboard with eleven indicators. This scoreboard is part of the Macroeconomic Imbalance Procedure (MIP). This table contains quarterly and annual figures for these eleven indicators for the Netherlands.
Data available from 2006 to 2013.
Status of the figures:
Annual and quarterly data are provisional. Because this table is discontinued, figures will not be updated anymore.
Changes as of July 10th 2014:
None, this table is discontinued.
When will new figures be published?
Not applicable anymore.
This table is replaced by table Macroeconomic scoreboard. See paragraph 3.
Description topics
- Private sector credit flow as a % of GDP
- Private sector credit flow, % of gross domestic product (GDP).
The private sector credit flow shows by how much debts of households, non-profit institutions and non-financial companies have increased (or decreased), excluding price developments of bonds and money market paper. Debts include only securities (excluding shares and derivatives) and loans, and are consolidated, i.e. debts within the same sector are not included.
Sources:
The data are from Statistics Netherlands’ national accounts.
Calculation of the scoreboard indicator:
The private credit flow is calculated as a percentage of GDP.
Interpretation of the indicator:
A high credit flow to the private sector, consisting of non-financial corporations, households and non-profit institutions serving households, increases the vulnerability of these sectors to developments in the business cycle, interest rates and inflation. Strong price fluctuations in financial and non-financial assets may also have their origin in changes in the private credit flow.
Upper and lower limits:
For this indicator, the European Commission has set only an upper limit: +14 percent.