Luxembourg: Long-term interest rate
* indicates monthly or quarterly data series
The most recent value is 2.66 percent as of August 2024, a decline compared to the previous value of 2.9 percent. Historically, the average for Luxembourg from October 1993 to August 2024 is 3.11 percent. The minimum of -0.55 percent was recorded in December 2020, while the maximum of 7.96 percent was reached in October 1994.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: OECD
| Recent values | Luxembourg: Long-term interest rate |
|---|---|
| 2024 Aug | 2.66 |
| 2024 Jul | 2.9 |
| 2024 Jun | 2.94 |
| 2024 May | 2.94 |
| 2024 Apr | 2.9 |
| 2024 Mar | 2.79 |
| 2024 Feb | 2.82 |
| 2024 Jan | 2.61 |
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Definition: The current yield on a 10 year government bond. The yield on these instruments is typical used as the representative interest rate for a country.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 17.64 | 2022 | percent |
| Government spending, in dollars | 16.28 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -1.30 | 2023 | percent |
| Government debt | 25.67 | 2023 | percent |
| Government expenditure | 3.94 | Q2/2024 | billion |
| Long-term interest rate | 2.66 | 8/2024 | 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 |