Government spending in Luxembourg was last recorded at 47.8 percent of GDP in 2020 . source: EUROSTAT
Government Spending to GDP in Luxembourg averaged 42.30 percent from 1990 until 2020, reaching an all time high of 47.80 percent in 2020 and a record low of 37.80 percent in 2000. This page provides the latest reported value for - Luxembourg Government Spending to Gdp - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Luxembourg Government Spending to GDP - values, historical data and charts - was last updated on June of 2021.
Government Spending to GDP in Luxembourg is expected to reach 46.50 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Government Spending to GDP is projected to trend around 46.50 percent in 2022 and 44.40 percent in 2023, according to our econometric models.