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Luxembourg Government Budget: Revenues and Spending

Luxembourg Government Budget Data

Indicator Data Period
Government Budget Value 1543 EUR Million | 1.831 B USD 2019
Government Spending 2487 EUR Million | 2.951 B USD 1Q/21
Government Revenues 28354 EUR Million | 33.64 B USD 2019
Government Budget to GDP -4.1 % 2020
Government Spending to GDP 47.8 % 2020


Latest data on Government Budget Value (EUR Million)

Government Budget Value
                     Luxembourg - Historical Data (EUR Million)

How much is Luxembourg Government Budget?

  • The surplus of government budget in Luxembourg decreased to 1543 EUR Million (1.831 B USD) in 2019. 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
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)

Government Spending
                     Luxembourg - Historical Data (EUR Million)

What is current Luxembourg Government Spending?

  • Government Spending in Luxembourg increased to 2487 EUR Million (2.951 B USD) in the first quarter of 2021. 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
2487 1Q/21 14.06.2021
2397 4Q/20 15.03.2021
2382 3Q/20 19.12.2020
2333 2Q/20 21.11.2020
2262 1Q/20 29.06.2020
2267 4Q/19 20.03.2020
2240 3Q/19 21.12.2019
2196 2Q/19 29.10.2019


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)

Government Revenues
                     Luxembourg - Historical Data (EUR Million)

How much is Luxembourg Government Revenue?

  • Government Revenues in Luxembourg increased to 28354 EUR Million (33.64 B USD) in 2019. 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
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 (%)

Government Budget to GDP
                     Luxembourg - Historical Data (%)

What is the deficit of Luxembourg Government Budget?

  • The surplus of Current Account to GDP in Luxembourg decreased to 4.1 % in 2020. The maximum surplus was 5.6 % and deficit was -4.1 %.
  • Data published Yearly by Statec.

Historical Data (%) by years

Data
Period
Date
-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 (%)

Government Spending to GDP
                     Luxembourg - Historical Data (%)

What is Luxembourg government spending ratio to GDP?

  • Government Spending to GDP in Luxembourg increased to 47.8 % in 2020. The maximum level was 47.8 % and minimum was 37.8 %.
  • Data published Yearly by Eurostat.

Historical Data (%) by years

Data
Period
Date
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 2020 24.9 % 22
Fiscal Expenditure  2019 31.809 B USD 30.089
Military Expenditure 2020 0.479 B USD 0.429

Government Budget to GDP in other countries

Country Updated Actual Previous
Austria 2020 -8.9 % 0.6
Ireland 2020 -5 % 0.5
Luxembourg 2020 -4.1 % 2.4
Spain 2020 -11 % -2.9
Iceland 2020 -7.3 % -1.5
Norway 2019 6.4 % 7.8
Belarus 2020 -2.6 % 2.3
Belgium 2020 -9.4 % -1.9
Bulgaria 2020 -3.4 % 2.1
Croatia 2020 -7.4 % 0.3
Cyprus 2020 -5.7 % 1.5
Czech Republic 2020 -6.2 % 0.3
Denmark 2020 -1.1 % 3.8
Estonia 2020 -4.9 % 0.1
Euro Area 2020 -7.2 % -0.6
Finland 2020 -5.4 % -0.9
France 2020 -9.2 % -3.1
Germany 2020 -4.2 % 1.5
Greece 2020 -9.7 % 1.1
Hungary 2020 -8.1 % -2.1
Italy 2020 -9.5 % -1.6
Latvia 2020 -4.5 % -0.6
Lithuania 2020 -7.4 % 0.5
Macedonia 2019 -2 % -1.7
Malta 2020 -10.1 % 0.4
Moldova 2019 -1.4 % -0.8
Montenegro 2019 -2 % -4.6
Netherlands 2020 -4.3 % 1.8
Poland 2020 -7 % -0.7
Portugal 2020 -5.7 % 0.1
Romania 2020 -9.2 % -4.4
Russia 2020 -3.8 % 1.8
Serbia 2019 0.2 % 0.6
Slovakia 2020 -6.2 % -1.3
Slovenia 2020 -8.4 % 0.4
Sweden 2020 -3.1 % 0.6
Switzerland 2020 -2.6 % 1.4
Turkey 2020 -3.4 % -2.9
Ukraine 2019 -2.1 % -1.9
United Kingdom 2021 -16.9 % -2.6
Albania 2019 -1.9 % -1.6
Bosnia and Herzegovina 2019 1.9 % 2.2
Kosovo 2019 -0.3 % -2.5