Military Expenditure in Luxembourg increased to 393 USD Million in 2018 from 358 USD Million in 2017.

Military Expenditure in Luxembourg averaged 147.38 USD Million from 1949 until 2018, reaching an all time high of 393 USD Million in 2018 and a record low of 24.90 USD Million in 1949. Luxembourg Military Expenditure - values, historical data and charts - was last updated on July of 2020. source: SIPRI

Military Expenditure in Luxembourg is expected to reach 294.63 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Military Expenditure is projected to trend around 299.69 USD Million in 2021 and 301.23 USD Million in 2022, according to our econometric models.

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Luxembourg Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
393.00 358.00 393.00 24.90 1949 - 2018 USD Million Yearly
constant 2017 prices

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 120.00 120.00 430.00 40.00 persons [+]