Caribbean Small States vs Luxembourg: Expense

Caribbean Small States
28.3%
in 2017
Luxembourg
42.2%
in 2023
Caribbean Small States rank
14th
Luxembourg rank
14th

Expense over time

  • Caribbean Small States
  • Luxembourg
010203040197219972023

How they compare

Luxembourg currently reports 42.2% against 28.3% in Caribbean Small States, a difference of 13.9%.

That makes Luxembourg's figure about 1.5 times Caribbean Small States's.

Across all 17 years both countries report, Luxembourg has been ahead every year.

Caribbean Small States ranks 14th and Luxembourg ranks 14th of 26 groups.

Luxembourg has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Caribbean Small States Luxembourg Difference Ahead
2000s 21.7% 36.7% 15.0% Luxembourg
2010s 26.4% 37.8% 11.4% Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, Caribbean Small States or Luxembourg?
Luxembourg, at 42.2% against 28.3% in Caribbean Small States as of 2023.
What is the difference in expense between Caribbean Small States and Luxembourg?
13.9%, with Luxembourg ahead.
How many years of comparable data are there for Caribbean Small States and Luxembourg?
17 years are reported by both, from 2001 to 2017.
How do Caribbean Small States and Luxembourg rank globally for expense?
Caribbean Small States ranks 14th and Luxembourg ranks 14th of 26 groups.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Caribbean Small States vs Luxembourg: Expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/expense-percent-of-gdp/caribbean-small-states/luxembourg/

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.