Government Spending in Luxembourg increased to 2186.20 EUR Million in the fourth quarter of 2018 from 2137.10 EUR Million in the third quarter of 2018. Government Spending in Luxembourg averaged 1677.76 EUR Million from 2000 until 2018, reaching an all time high of 2186.20 EUR Million in the fourth quarter of 2018 and a record low of 1183.30 EUR Million in the first quarter of 2000.

Government Spending in Luxembourg is expected to be 2163.00 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 2229.00 in 12 months time. In the long-term, the Luxembourg Government Spending is projected to trend around 2351.00 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 2186.20 2137.10 2186.20 1183.30 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2186.20 2137.10 2186.20 1183.30 2000 - 2018 EUR Million Quarterly
Constant Prices 2010, SA




Country Last Previous
Argentina 100173.00 Dec/18
Australia 89290.00 Dec/18
Brazil 115516.82 Mar/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
Euro Area 545.63 Dec/18
France 136745.00 Mar/19
Germany 143.22 Mar/19
India 3410.32 Dec/18
Indonesia 153652.73 Mar/19
Italy 78024.10 Dec/18
Japan 107612.10 Mar/19
Mexico 2193603.00 Dec/18
Netherlands 45186.00 Mar/19
Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
Singapore 12422.70 Mar/19
South Africa 643445.00 Dec/18
South Korea 62531.40 Mar/19
Spain 56820.00 Mar/19
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 94208.00 Mar/19
United States 3207.68 Mar/19


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