Luxembourg recorded a Government Debt to GDP of 24.90 percent of the country's Gross Domestic Product in 2020. source: STATEC, Luxembourg

Government Debt to GDP in Luxembourg averaged 14.61 percent from 1995 until 2020, reaching an all time high of 24.90 percent in 2020 and a record low of 7.40 percent in 2002. This page provides - Luxembourg Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Government Debt to GDP - values, historical data and charts - was last updated on October of 2021.

Government Debt to GDP in Luxembourg is expected to reach 25.50 percent by the end of 2021, 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 26.20 percent in 2022, according to our econometric models.

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Luxembourg Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
24.90 22.00 24.90 7.40 1995 - 2020 percent of GDP Yearly

Luxembourg Government Last Previous Highest Lowest Unit
Government Debt to GDP 24.90 22.00 24.90 7.40 percent of GDP [+]
Government Budget -4.10 2.40 5.60 -4.10 percent of GDP [+]
Government Budget Value -2620.20 1504.20 1841.40 -2620.20 EUR Million [+]
Government Spending 2487.00 2396.70 2487.00 958.10 EUR Million [+]
Government Spending to GDP 47.80 42.30 47.80 37.80 percent of GDP [+]
Government Revenues 28033.50 28381.20 28381.20 6838.20 EUR Million [+]
Fiscal Expenditure 30653.70 26877.00 30653.70 6417.20 EUR Million [+]
Military Expenditure 479.00 429.00 479.00 25.70 USD Million [+]
Credit Rating 100.00 [+]
Asylum Applications 75.00 85.00 430.00 25.00 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.