Luxembourg recorded a Government Debt to GDP of 24.50 percent of the country's Gross Domestic Product in 2021. source: STATEC, Luxembourg

Government Debt to GDP in Luxembourg averaged 14.68 percent of GDP from 1995 until 2021, reaching an all time high of 24.50 percent of GDP in 2020 and a record low of 7.40 percent of GDP in 2003. 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 January of 2023.

Government Debt to GDP in Luxembourg is expected to reach 26.20 percent of GDP by the end of 2022, 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 of GDP in 2023, according to our econometric models.

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Luxembourg Government Debt to GDP

Related Last Previous Unit Reference
Government Debt to GDP 24.50 24.50 percent of GDP Dec 2021
Government Budget 0.80 -3.40 percent of GDP Dec 2021
Government Spending 2903.89 2857.31 EUR Million Sep 2022
Government Revenues 31664.50 28092.40 EUR Million Dec 2021
Fiscal Expenditure 31014.70 30288.80 EUR Million Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
24.50 24.50 24.50 7.40 1995 - 2021 percent of GDP Yearly