Luxembourg recorded a Government Budget surplus equal to 2.20 percent of the country's Gross Domestic Product in 2019.
Government Budget in Luxembourg averaged 1.89 percent of GDP from 1995 until 2019, reaching an all time high of 5.70 percent of GDP in 2001 and a record low of -1.40 percent of GDP in 2004. This page provides - Luxembourg Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Government Budget - values, historical data and charts - was last updated on August of 2020.
Government Budget in Luxembourg is expected to reach -2.80 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Government Budget is projected to trend around -3.60 percent of GDP in 2021 and -2.40 percent of GDP in 2022, according to our econometric models.