Luxembourg recorded a government budget surplus of 1600 EUR Million in 2018. Government Budget Value in Luxembourg averaged 587.22 EUR Million from 1995 until 2018, reaching an all time high of 1600 EUR Million in 2018 and a record low of -358.40 EUR Million in 2004.

Government Budget Value in Luxembourg is expected to be 804.03 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Government Budget Value is projected to trend around 950.23 EUR Million in 2020, according to our econometric models.


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Luxembourg Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
1600.00 768.50 1600.00 -358.40 1995 - 2018 EUR Million Yearly
Current Prices, NSA


Luxembourg Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.

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 1600.00 768.50 1600.00 -358.40 EUR Million [+]
Government Spending 2240.00 2198.20 2240.00 1183.20 EUR Million [+]
Government Spending to GDP 43.10 43.00 45.70 37.80 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 220.00 165.00 430.00 40.00 persons [+]