Luxembourg: Government spending, in dollars

* indicates monthly or quarterly data series
 Luxembourg

Government spending, billion USD

 Latest value 14.40
 Year 2022
 Measure billion U.S. dollars
 Data availability 1970 - 2022
 Average 4.68
 Min - Max 0.15 - 14.95
 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 4.68 billion U.S. dollars with a minimum of 0.15 billion U.S. dollars in 1970 and a maximum of 14.95 billion U.S. dollars in 2021. The latest value from 2022 is 14.4 billion U.S. dollars. For comparison, the world average in 2022 based on 142 countries is 88.01 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Luxembourg - Government spending, in dollars - Recent values chart

Historical chart
Luxembourg - Government spending, in dollars - historical chart - 1970-2022




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. Data are in current U.S. dollars.


 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
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