Luxembourg recorded a government debt equivalent to 22.10 percent of the country's Gross Domestic Product in 2019. source: STATEC, Luxembourg

Government Debt to GDP in Luxembourg averaged 14.20 percent from 1995 until 2019, reaching an all time high of 23.70 percent in 2013 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 April of 2021.

Government Debt to GDP in Luxembourg is expected to reach 23.00 percent by the end of 2020, 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 25.50 percent in 2021 and 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
22.10 21.00 23.70 7.40 1995 - 2019 percent Yearly

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 1542.70 1841.40 1841.40 -358.40 EUR Million [+]
Government Spending 2396.80 2375.00 2396.80 958.10 EUR Million [+]
Government Spending to GDP 42.60 42.30 45.70 37.90 percent [+]
Government Revenues 28353.50 27202.10 28353.50 6838.20 EUR Million [+]
Fiscal Expenditure 26810.70 25360.80 26810.70 6417.20 EUR Million [+]
Military Expenditure 444.00 393.00 444.00 26.60 USD Million [+]
Credit Rating 100.00 [+]
Asylum Applications 110.00 110.00 430.00 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.