Luxembourg recorded a Government Budget surplus equal to 2.20 percent of the country's Gross Domestic Product in 2019. source: STATEC, Luxembourg
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 November 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.