Luxembourg Government Budget: Revenues and Spending
Luxembourg Government Budget Data
| Indicator | Data | Period |
|---|---|---|
| Government Budget Value | 138 EUR Million | 0.146 B USD | 2022 |
| Government Spending | 2930 EUR Million | 3.108 B USD | 2Q/23 |
| Government Revenues | 33965 EUR Million | 36.033 B USD | 2022 |
| Government Budget to GDP | 0.2 % | 2022 |
| Government Spending to GDP | 43.3 % | 2022 |
Latest data on Government Budget Value (EUR Million)
How much is Luxembourg Government Budget?
- The surplus of government budget in Luxembourg decreased to 138 EUR Million (0.146 B USD) in 2022. The maximum surplus was 1841 EUR Million and deficit was -358 EUR Million.
- Data published Yearly by Central Bank.
Historical Data (EUR Million) by years
Data
Period
Date
| 138 | 2022 | 05.05.2023 |
| 650 | 2021 | 25.11.2022 |
| -2620 | 2020 | 15.08.2021 |
| 1543 | 2019 | 18.02.2021 |
| 1600 | 2018 | 18.11.2019 |
| 839.2 | 2017 | 21.06.2018 |
Historical Chart by prime ministers (EUR Million)
Government Budget Value in Luxembourg by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Government Spending (EUR Million)
What is current Luxembourg Government Spending?
- Government Spending in Luxembourg increased to 2930 EUR Million (3.108 B USD) in the second quarter of 2023. The maximum volume was 2487 EUR Million and minimum was 958 EUR Million
- Data published Quarterly by Statec.
Historical Data (EUR Million) by years
Data
Period
Date
| 2930 | 2Q/23 | 14.09.2023 |
| 2937 | 1Q/23 | 15.06.2023 |
| 2965 | 4Q/22 | 18.03.2023 |
| 2904 | 3Q/22 | 17.12.2022 |
| 2851 | 2Q/22 | 15.10.2022 |
| 2838 | 1Q/22 | 18.06.2022 |
| 2834 | 4Q/21 | 14.03.2022 |
| 2769 | 3Q/21 | 18.01.2022 |
Historical Chart by prime ministers (EUR Million)
Government Spending in Luxembourg by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Government Revenues (EUR Million)
How much is Luxembourg Government Revenue?
- Government Revenues in Luxembourg increased to 33965 EUR Million (36.033 B USD) in 2022. The maximum volume was 28354 EUR Million and minimum was 6838 EUR Million
- Data published Yearly by Central Bank.
Historical Data (EUR Million) by years
Data
Period
Date
| 33965 | 2022 | 05.05.2023 |
| 31664 | 2021 | 31.08.2022 |
| 28034 | 2020 | 15.08.2021 |
| 28354 | 2019 | 18.02.2021 |
| 26788 | 2018 | 18.11.2019 |
| 24571.4 | 2017 | 21.06.2018 |
Historical Chart by prime ministers (EUR Million)
Government Revenues in Luxembourg by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Government Budget to GDP (%)
What is the deficit of Luxembourg Government Budget?
- The surplus of Current Account to GDP in Luxembourg decreased to 0.2 % in 2022. The maximum surplus was 5.6 % and deficit was -4.1 %.
- Data published Yearly by Statec.
Historical Data (%) by years
Data
Period
Date
| 0.2 | 2022 | 13.04.2023 |
| 0.8 | 2021 | 03.05.2022 |
| -4.1 | 2020 | 22.04.2021 |
| 2.2 | 2019 | 22.04.2020 |
| 2.4 | 2018 | 04.07.2019 |
Historical Chart by prime ministers (%)
Government Budget to GDP in Luxembourg by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Government Spending to GDP (%)
What is Luxembourg government spending ratio to GDP?
- Government Spending to GDP in Luxembourg increased to 43.3 % in 2022. The maximum level was 47.8 % and minimum was 37.8 %.
- Data published Yearly by Eurostat.
Historical Data (%) by years
Data
Period
Date
| 43.3 | 2022 | 21.04.2023 |
| 42.3 | 2021 | 20.07.2022 |
| 47.8 | 2020 | 17.05.2021 |
| 42.6 | 2019 | 22.04.2020 |
| 43.1 | 2018 | 04.07.2019 |
Historical Chart by prime ministers (%)
Government Spending to GDP in Luxembourg by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other budget indicators in Luxembourg
| Index | Updated | Actual | Previous |
| Government Debt to GDP | 2022 | 24.6 % | 24.5 |
| Fiscal Expenditure | 2022 | 35.887 B USD | 32.917 |
| Military Expenditure | 2022 | 0.565 B USD | 0.403 |
Government Budget to GDP in other countries
| Country | Updated | Actual | Previous |
| Austria | 2022 | -3.2 % | -5.8 |
| Ireland | 2022 | 1.6 % | -1.6 |
| Luxembourg | 2022 | 0.2 % | 0.7 |
| Spain | 2022 | -4.8 % | -6.9 |
| Iceland | 2022 | -4.3 % | -8.4 |
| Norway | 2022 | 26 % | 10.6 |
| Belarus | 2021 | -0.3 % | -1.3 |
| Belgium | 2022 | -3.9 % | -5.5 |
| Bulgaria | 2022 | -2.8 % | -3.9 |
| Croatia | 2022 | 0.4 % | -2.5 |
| Cyprus | 2022 | 2.1 % | -2 |
| Czech Republic | 2022 | -3.2 % | -5.1 |
| Denmark | 2022 | 3.3 % | 3.6 |
| Estonia | 2022 | -0.9 % | -2.4 |
| Euro Area | 2022 | -3.6 % | -5.3 |
| Finland | 2022 | -0.9 % | -2.8 |
| France | 2022 | -4.7 % | -6.5 |
| Germany | 2022 | -2.6 % | -3.7 |
| Greece | 2022 | -2.3 % | -7.1 |
| Hungary | 2022 | -6.2 % | -7.1 |
| Italy | 2022 | -8 % | -9 |
| Latvia | 2022 | -4.4 % | -7.1 |
| Lithuania | 2022 | -0.6 % | -1.2 |
| Macedonia | 2022 | -4.1 % | -5.4 |
| Malta | 2022 | -5.8 % | -7.8 |
| Moldova | 2022 | -3.3 % | -2.6 |
| Montenegro | 2022 | -4.6 % | -1.7 |
| Netherlands | 2022 | 0 % | -2.4 |
| Poland | 2022 | -3.7 % | -1.8 |
| Portugal | 2022 | -0.4 % | -2.9 |
| Romania | 2022 | -5.8 % | -7.1 |
| Russia | 2022 | -2.3 % | 0.8 |
| Serbia | 2022 | -3.3 % | -4.6 |
| Slovakia | 2022 | -2 % | -5.4 |
| Slovenia | 2022 | -3 % | -4.6 |
| Sweden | 2022 | 0.7 % | 0 |
| Switzerland | 2022 | 1 % | -0.3 |
| Turkey | 2022 | -0.9 % | -2.8 |
| Ukraine | 2022 | -16.3 % | -3.4 |
| United Kingdom | 2022 | -5.5 % | -5.2 |
| Albania | 2022 | -3.8 % | -4.5 |
| Bosnia and Herzegovina | 2022 | -0.4 % | -0.3 |
| Kosovo | 2021 | -0.9 % | -7.6 |
