Luxembourg recorded a government budget surplus of 1600 EUR Million in 2018.

Government Budget Value in Luxembourg averaged 587.22 EUR Million from 1995 until 2018, reaching an all time high of 1600 EUR Million in 2018 and a record low of -358.40 EUR Million in 2004. This page provides - Luxembourg Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Government Budget Value - values, historical data and charts - was last updated on August of 2020.

Government Budget Value in Luxembourg is expected to reach 903.16 EUR Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Government Budget Value is projected to trend around 950.23 EUR Million in 2021, according to our econometric models.

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Luxembourg Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
1600.00 768.50 1600.00 -358.40 1995 - 2018 EUR Million Yearly
Current Prices, NSA

Luxembourg Government Last Previous Highest Lowest Unit
Government Debt to GDP 22.10 21.00 23.70 7.40 percent [+]
Government Budget 2.20 3.10 5.70 -1.40 percent of GDP [+]
Government Budget Value 1600.00 768.50 1600.00 -358.40 EUR Million [+]
Government Spending 2261.90 2268.70 2268.70 958.10 EUR Million [+]
Government Spending to GDP 42.60 42.30 45.70 37.90 percent [+]
Government Revenues 26788.30 24525.60 26788.30 6838.20 EUR Million [+]
Fiscal Expenditure 25188.30 23757.00 25188.30 6417.20 EUR Million [+]
Military Expenditure 393.00 358.00 393.00 24.90 USD Million [+]
Credit Rating 100.00 [+]
Asylum Applications 25.00 120.00 430.00 25.00 persons [+]


Luxembourg Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.