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European government finances

Government interest costs in the EU

Debt has an annual cost. Explore how much governments devote to interest, how large that expense is relative to their economies and revenues, and how it has changed.

Official Eurostat annual data · calculations by EU Debt Map

Reporting year
2025
Interest expenditure · sum of EU27 countries
€357.49Bp
Countries
27 EU

The headline adds the 27 countries’ interest expenditure; it is not an unweighted country average or an EU institutions budget.

Interest costs relative to the economy

The map always shows interest expenditure as a share of GDP. Select a country for the amounts and history.

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  • Below 1% of GDP
  • 1% to below 2%
  • 2% to below 3%
  • 3% or more
  • No data

These are descriptive colour bands, not EU legal limits or a sustainability assessment.

Netherlands · 2025

0.7%p

Interest / GDP

Annual interest expenditure
€8.50Bp
Interest per resident
€470p
Interest / government revenue
1.7%p
EU rank · Interest / GDP
23 / 27
Government debt at year-end · 2025
€523.54B
Debt / GDP at year-end · 2025
44.4%

The year-end debt figures come from Eurostat, gov_10dd_edpt1, for the same calendar year as the interest figures. Methodology

Explore this country’s government finances

Follow annual interest costs · Netherlands

20152025 · Reporting year: 2025

Netherlands: annual interest expenditure changed by +€614.00M between 2024 and 2025; interest/GDP changed by 0.0 pp.

Annual interest expenditure · Netherlands
€4.03B€7.11B€10.20B2015: €9,380,000,0002016: €8,566,000,0002017: €7,664,000,0002018: €7,140,000,0002019: €6,455,000,0002020: €5,649,000,0002021: €4,849,000,0002022: €5,653,000,0002023: €7,125,000,0002024: €7,882,000,0002025: €8,496,000,000 p20152025
Interest / GDP · Netherlands
0.4%0.9%1.4%2015: 1.3%2016: 1.2%2017: 1.0%2018: 0.9%2019: 0.8%2020: 0.7%2021: 0.5%2022: 0.6%2023: 0.7%2024: 0.7%2025: 0.7% p20152025

Each chart has its own labelled vertical scale, which may start above zero. Gaps and marked breaks are not connected. Exact values and source flags are in the table.

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Netherlands · 20152025 · Eurostat
Reporting yearAnnual interest expenditureInterest / GDPInterest per residentInterest / government revenue
2015€9,380,000,0001.3%€5543.1%
2016€8,566,000,0001.2%€5032.7%
2017€7,664,000,0001.0%€4472.3%
2018€7,140,000,0000.9%€4142.1%
2019€6,455,000,0000.8%€3721.8%
2020€5,649,000,0000.7%€3241.6%
2021€4,849,000,0000.5%€2771.2%
2022€5,653,000,0000.6%€3191.3%
2023€7,125,000,0000.7%€3991.6%
2024€7,882,000,0000.7%€4381.6%
2025€8,496,000,000p0.7%p€470p1.7%p

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Compare annual interest costs

Highest values rank first. Ties in displayed values share ranks (1, 2, 2, 4); searching keeps the EU rank. Percentages use one decimal and euro amounts use whole euros. A rank is not a verdict on fiscal health.

Countries shown: 27 / 27

Interest / GDP (%) · 2025
EU rankCountryAnnual interest expenditure (€)2025Interest / GDP (%)2025Interest per resident (€)2025Interest / government revenue (%)2025Previous year · Annual interest expenditure (€)2024Annual change (€)Annual change (%)
1ItalyIT€87,146,000,0003.9%€1,478p8.0%€85,483,000,000+€1,663,000,000+1.9%
2HungaryHU€8,324,100,0003.8%€8758.9%€10,044,400,000-€1,720,300,000-17.1%
3GreeceGR€7,841,000,0003.2%€756ep6.3%€8,225,000,000-€384,000,000-4.7%
4RomaniaRO€10,810,600,0002.8%€568e8.0%€8,598,600,000+€2,212,000,000+25.7%
5PolandPL€23,144,600,0002.5%€6365.8%€18,715,000,000+€4,429,600,000+23.7%
6SpainES€40,314,000,0002.4%€817p5.6%€38,793,000,000+€1,521,000,000+3.9%
7BelgiumBE€14,281,700,000p2.2%p€1,198p4.5%p€13,524,400,000p+€757,300,000p+5.6%p
7FranceFR€66,635,900,0002.2%€966p4.3%€60,130,900,000+€6,505,000,000+10.8%
9PortugalPT€5,964,500,0001.9%€5234.5%€5,934,800,000+€29,700,000+0.5%
10AustriaAT€8,265,800,0001.6%€8983.2%€7,340,700,000+€925,100,000+12.6%
10FinlandFI€4,559,000,0001.6%€8083.0%€4,340,000,000+€219,000,000+5.0%
12SlovakiaSK€2,118,600,0001.5%€3913.6%€1,850,000,000+€268,600,000+14.5%
13CroatiaHR€1,299,600,0001.4%€3353.0%€1,334,400,000-€34,800,000-2.6%
14CzechiaCZ€4,517,400,0001.3%€4143.2%€4,271,400,000+€246,000,000+5.8%
14SloveniaSI€899,700,0001.3%€4222.7%€872,200,000+€27,500,000+3.2%
16MaltaMT€299,400,0001.2%€5153.5%€266,500,000+€32,900,000+12.3%
17CyprusCY€416,800,0001.1%€421p2.6%€423,100,000-€6,300,000-1.5%
17GermanyDE€49,544,000,0001.1%€5932.3%€45,828,000,000+€3,716,000,000+8.1%
17LatviaLV€475,800,0001.1%€2572.5%€443,300,000+€32,500,000+7.3%
20LithuaniaLT€752,200,0000.9%€2602.3%€629,900,000+€122,300,000+19.4%
21BulgariaBG€953,600,0000.8%€1482.2%€541,900,000+€411,700,000+76.0%
21DenmarkDK€3,321,700,0000.8%€5531.6%€3,024,600,000+€297,100,000+9.8%
23NetherlandsNL€8,496,000,000p0.7%p€470p1.7%p€7,882,000,000+€614,000,000p+7.8%p
24SwedenSE€3,637,700,0000.6%€3431.3%€3,802,000,000-€164,300,000-4.3%
25EstoniaEE€202,000,0000.5%€1481.1%€233,700,000-€31,700,000-13.6%
25IrelandIE€2,969,700,0000.5%€5422.0%€3,279,100,000-€309,400,000-9.4%
27LuxembourgLU€300,200,0000.3%€4370.7%€263,300,000+€36,900,000+14.0%

— means missing or not comparable. A missing year is never replaced by another year; percentages are not calculated from a zero base.

Source codes are retained: p = provisional, e = estimated, b = break in series, d = different definition. Calculations inherit source uncertainty. Changes crossing b/d flags are not shown; forecasts are excluded. Other supplied codes remain visible. Revisions are possible without a flag.

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A flow over a year

Debt measures an outstanding stock at a date. Interest measures an expense over a year. Both matter, but dividing one headline number by the other would not produce an observed bond interest rate.

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Part of the budget

Interest relative to government revenue shows the size of the expense compared with annual receipts. It does not mean that a specific share of each tax payment is earmarked for interest, nor does it measure the full repayment burden.

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Interest is recorded on an accrual basis under ESA 2010: assigned to the year in which it accrues, whether or not cash is paid then. This is expenditure, not net interest after subtracting interest receipts. It excludes principal repayments and is not the complete cost of financing or a weighted average bond interest rate.

Eurostat calculates average population from 1 January of the reporting year and the following year. This annual denominator differs from the year-end stock-date pairing on the debt-per-capita page. Per-resident interest is a comparison, not an individual bill.

Official Eurostat annual data · calculations by EU Debt Map

Source and calculations

Source: Eurostat, gov_10a_main and demo_gind. Visualisation and calculations by EU Debt Map. Eurostat does not endorse this independent website.

Historical coverage
20152025
Updated by Eurostat · gov_10a_main
Updated by Eurostat · demo_gind
Accessed

Annual data (A), general government (S13), interest expenditure (D41PAY), in million euro (MIO_EUR) and the official percentage of GDP (PC_GDP). Government revenue is TR in the same annual accounts. S13 interest and revenue are consolidated within general government: do not add the subsectors together.

Interest is recorded on an accrual basis under ESA 2010: assigned to the year in which it accrues, whether or not cash is paid then. This is expenditure, not net interest after subtracting interest receipts. It excludes principal repayments and is not the complete cost of financing or a weighted average bond interest rate. ESA 2010 · 4.50

Euros = MIO_EUR × 1,000,000. Interest per resident = annual interest euros / Eurostat annual-average population (demo_gind, AVG) for the same year. Interest/revenue (%) = D41PAY / TR × 100 using the same unit, sector, year and accounts vintage. These two ratios are EU Debt Map calculations; interest/GDP is Eurostat’s published ratio.

Eurostat calculates average population from 1 January of the reporting year and the following year. This annual denominator differs from the year-end stock-date pairing on the debt-per-capita page. Per-resident interest is a comparison, not an individual bill.

Amounts are nominal, without inflation adjustment. Eurostat converts annual national-currency flows using annual-average exchange rates; euro-area historical figures may use fixed conversion rates. Exchange rates can affect comparisons in euros.

— means missing or not comparable. A missing year is never replaced by another year; percentages are not calculated from a zero base.

Source codes are retained: p = provisional, e = estimated, b = break in series, d = different definition. Calculations inherit source uncertainty. Changes crossing b/d flags are not shown; forecasts are excluded. Other supplied codes remain visible. Revisions are possible without a flag.

Methodology · Eurostat

Refreshes are explicit. Three accounts requests must share a reporting year and source vintage; population must cover the same year. Only a fully validated EU27 snapshot replaces the previous file. Builds use local data. Earlier historical gaps remain visible.

Methodology