Government Spending in Luxembourg increased to 2195.60 EUR Million in the second quarter of 2019 from 2189.70 EUR Million in the first quarter of 2019. Government Spending in Luxembourg averaged 1691.14 EUR Million from 2000 until 2019, reaching an all time high of 2195.60 EUR Million in the second quarter of 2019 and a record low of 1183.20 EUR Million in the first quarter of 2000.

Government Spending in Luxembourg is expected to be 2235.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Luxembourg to stand at 2238.00 in 12 months time. In the long-term, the Luxembourg Government Spending is projected to trend around 2348.00 EUR Million in 2020, according to our econometric models.

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Luxembourg Government Spending
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 2195.60 2189.70 2195.60 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 150.00 135.00 430.00 40.00 persons [+]


Luxembourg Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Luxembourg Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Government Spending - actual data, historical chart and calendar of releases - was last updated on November of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2195.60 2189.70 2195.60 1183.20 2000 - 2019 EUR Million Quarterly
Constant Prices 2010, SA




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Euro Area 577.08 Jun/19 575
France 137592.00 Sep/19 136971
Germany 164.15 Sep/19 163
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Japan 109716.40 Sep/19 109125
Mexico 2168414.00 Jun/19 2143950
Netherlands 45432.00 Sep/19 45221
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Singapore 12317.20 Sep/19 12393
South Africa 651189.00 Jun/19 646677
South Korea 76683.40 Sep/19 75743
Spain 58969.00 Sep/19 58422
Switzerland 19989.06 Jun/19 19966
Turkey 62009834.30 Jun/19 58333949
United Kingdom 99745.00 Sep/19 99449
United States 3312.75 Sep/19 3297


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