Denmark vs Luxembourg: Gross public sector debt as a share of gross domestic product
Denmark
21.9%
in 2024
Luxembourg
24.4%
in 2024
Denmark rank
46th
Luxembourg rank
43rd
Gross public sector debt as a share of gross domestic product over time
- Denmark
- Luxembourg
How they compare
Luxembourg currently reports 24.4% against 21.9% in Denmark, a difference of 2.5%.
That makes Luxembourg's figure about 1.1 times Denmark's.
The two have swapped places 3 times across 13 shared years of data; in 2012 it was Denmark ahead.
Denmark ranks 46th and Luxembourg ranks 43rd of 49 countries.
Denmark has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Denmark | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 32.0% | 19.7% | 12.3% | Denmark |
| 2020s | 26.8% | 23.6% | 3.2% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross public sector debt as a share of gross domestic product, Denmark or Luxembourg?
- Luxembourg, at 24.4% against 21.9% in Denmark as of 2024.
- What is the difference in gross public sector debt as a share of gross domestic product between Denmark and Luxembourg?
- 2.5%, with Luxembourg ahead.
- How many years of comparable data are there for Denmark and Luxembourg?
- 13 years are reported by both, from 2012 to 2024.
- How do Denmark and Luxembourg rank globally for gross public sector debt as a share of gross domestic product?
- Denmark ranks 46th and Luxembourg ranks 43rd of 49 countries.
- Where does this data come from?
- World Bank – processed by Our World in Data, published as Gross public sector debt as a share of gross domestic product. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).