Luxembourg vs World: Expense
Luxembourg
42.2%
in 2023
World
28.5%
in 2022
Luxembourg rank
14th
World rank
11th
Expense over time
- Luxembourg
- World
How they compare
Luxembourg currently reports 42.2% against 28.5% in World, a difference of 13.7%.
That makes Luxembourg's figure about 1.5 times World's.
Across all 30 years both countries report, Luxembourg has been ahead every year.
Luxembourg ranks 14th and World ranks 11th of 157 countries.
Luxembourg has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Luxembourg | World | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 35.5% | 24.8% | 10.7% | Luxembourg |
| 2000s | 36.4% | 25.2% | 11.2% | Luxembourg |
| 2010s | 38.0% | 27.0% | 11.1% | Luxembourg |
| 2020s | 40.9% | 31.2% | 9.7% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Luxembourg or World?
- Luxembourg, at 42.2% against 28.5% in World as of 2023.
- What is the difference in expense between Luxembourg and World?
- 13.7%, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and World?
- 30 years are reported by both, from 1990 to 2022.
- How do Luxembourg and World rank globally for expense?
- Luxembourg ranks 14th and World ranks 11th of 157 countries.
- 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.
Individual pages
About this data
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.