Luxembourg recorded a Government Budget deficit equal to 4.10 percent of the country's Gross Domestic Product in 2020. source: STATEC, Luxembourg
Government Budget in Luxembourg averaged 1.68 percent of GDP from 1995 until 2020, reaching an all time high of 5.60 percent of GDP in 2001 and a record low of -4.10 percent of GDP in 2020. This page provides - Luxembourg Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Government Budget - values, historical data and charts - was last updated on August of 2021.
Government Budget in Luxembourg is expected to reach -1.70 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Government Budget is projected to trend around -0.60 percent of GDP in 2022 and -0.40 percent of GDP in 2023, according to our econometric models.