Luxembourg Government Debt to GDP

Luxembourg recorded a government debt equivalent to 21.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Luxembourg averaged 13.43 percent from 1995 until 2018, reaching an all time high of 23.70 percent in 2013 and a record low of 6.50 percent in 2000.

Government Debt to GDP in Luxembourg is expected to be 20.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Government Debt to GDP is projected to trend around 19.50 percent in 2020, according to our econometric models.

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Luxembourg Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	21.40	23.00	23.70	6.50	percent	[+]
Government Budget	2.40	1.40	6.00	-1.30	percent of GDP	[+]
Government Budget Value	839.20	855.70	1543.40	-358.40	EUR Million	[+]
Government Spending	2189.70	2184.30	2189.70	1183.20	EUR Million	[+]
Government Spending to GDP	43.10	43.00	45.70	37.80	percent	[+]
Government Revenues	24571.40	23186.40	24571.40	6838.20	EUR Million	[+]
Fiscal Expenditure	23824.50	22353.70	23824.50	6417.20	EUR Million	[+]
Military Expenditure	393.00	358.00	393.00	24.90	USD Million	[+]
Credit Rating	100.00					[+]
Asylum Applications	200.00	240.00	430.00	40.00	persons	[+]

Luxembourg Government Debt to GDP

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Luxembourg Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	21.40	23.00	23.70	6.50	1995 - 2018	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	132.20	Dec/18	131	132 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	106.10	Dec/18	105	119 : 31.8	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	90.60	Dec/18	89.7	101 : 45.1	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	50.50	Dec/18	46.8	50.5 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Turkey	30.40	Dec/18	28.3	76.1 : 27.6	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	27.70	Dec/18	29.3	48.9 : 25.1	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%