Government Spending in Luxembourg increased to 2189.70 EUR Million in the first quarter of 2019 from 2184.30 EUR Million in the fourth quarter of 2018. Government Spending in Luxembourg averaged 1684.59 EUR Million from 2000 until 2019, reaching an all time high of 2189.70 EUR Million in the first quarter of 2019 and a record low of 1183.20 EUR Million in the first quarter of 2000.

Government Spending in Luxembourg is expected to be 2145.61 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Luxembourg to stand at 2240.86 in 12 months time. In the long-term, the Luxembourg Government Spending is projected to trend around 2349.70 EUR Million in 2020, according to our econometric models.

Luxembourg Government Spending
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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 Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Luxembourg Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Government Spending - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2189.70 2184.30 2189.70 1183.20 2000 - 2019 EUR Million Quarterly
Constant Prices 2010, SA




Country Last Previous
Argentina 90795.00 Mar/19
Australia 90142.00 Mar/19
Brazil 105533.40 May/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
Euro Area 546.04 Mar/19
France 136607.00 Mar/19
Germany 143.22 Mar/19
India 3686.66 Mar/19
Indonesia 153652.73 Mar/19
Italy 78566.20 Mar/19
Japan 107734.40 Mar/19
Mexico 2143950.00 Mar/19
Netherlands 45186.00 Mar/19
Russia 4035.60 Mar/19
Saudi Arabia 151611.00 Mar/19
Singapore 12422.70 Mar/19
South Africa 645563.00 Mar/19
South Korea 74118.60 Mar/19
Spain 56967.00 Mar/19
Switzerland 19991.24 Mar/19
Turkey 57997834.60 Mar/19
United Kingdom 93644.00 Mar/19
United States 3211.03 Mar/19


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