Military Expenditure in Luxembourg increased to 444 USD Million in 2019 from 393 USD Million in 2018. source: SIPRI

Military Expenditure in Luxembourg averaged 161.07 USD Million from 1949 until 2019, reaching an all time high of 444 USD Million in 2019 and a record low of 26.60 USD Million in 1949. Luxembourg Military Expenditure - values, historical data and charts - was last updated on May of 2021.

Military Expenditure in Luxembourg is expected to reach 292.68 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Military Expenditure is projected to trend around 299.69 USD Million in 2022 and 301.23 USD Million in 2023, according to our econometric models.

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Luxembourg Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
444.00 393.00 444.00 26.60 1949 - 2019 USD Million Yearly
constant 2018 prices

Luxembourg Government Last Previous Highest Lowest Unit
Government Debt to GDP 24.90 22.00 24.90 7.40 percent [+]
Government Budget -4.10 2.40 5.60 -4.10 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 [+]