Luxembourg: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Luxembourg

Government spending as percent of GDP

 Latest value 17.64
 Year 2022
 Measure percent
 Data availability 1970 - 2022
 Average 15.52
 Min - Max 10.61 - 18.47
 Source The World Bank
For that indicator, we provide data for Luxembourg from 1970 to 2022. The average value for Luxembourg during that period was 15.52 percent with a minimum of 10.61 percent in 1970 and a maximum of 18.47 percent in 2020. The latest value from 2022 is 17.64 percent. For comparison, the world average in 2022 based on 143 countries is 16.25 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Luxembourg - Government spending, percent of GDP - Recent values chart

Historical chart
Luxembourg - Government spending, percent of GDP - historical chart - 1970-2022




The government size of Luxembourg and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 17.64 2022 percent
 Government spending, in dollars 14.40 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 0.20 2022 percent
 Government debt 25.67 2023 percent
 Government expenditure 3.54 Q3/2023 billion
 Long-term government bond yield 3.16 9/2023 percent
 Tax revenue 26.11 2021 percent
 Commercial tax rate 20.40 2019 percent
 Tax preparation time 55 2019 hours
 Number of taxes 23 2019 taxes
 Taxes on goods and services 28.14 2021 percent
 Taxes on international trade 0.00 1994 percent
 Income and profits taxes 32.30 2021 percent
This site uses cookies.
Learn more here


OK