Cash surplus/deficit as a proportion of GDP in Luxembourg
Luxembourg: Cash surplus/deficit as a proportion of GDP was -42.2% in 2023. ▼ Falling
Latest (2023)
-42.2%
Change on year
down 3.3%
World rank
148th
of 162 countries
All-time high
-34.0%
in 2007
All-time low
-42.9%
in 2020
Years of data
24
2000–2023
Cash surplus/deficit as a proportion of GDP in Luxembourg, 2000–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Luxembourg recorded -42.2% for cash surplus/deficit as a proportion of gdp in 2023.
That represents a change of down 3.3% on the previous year and down 9.5% over ten years.
Over the whole period, cash surplus/deficit as a proportion of gdp in Luxembourg peaked at -34.0% in 2007 and was at its lowest, -42.9%, in 2020.
Luxembourg ranks 148th of 162 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Cash surplus/deficit as a proportion of GDP in Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -34.1% | — |
| 2001 | -35.2% | +3.3% |
| 2002 | -36.7% | +4.1% |
| 2003 | -38.2% | +4.2% |
| 2004 | -38.8% | +1.5% |
| 2005 | -38.2% | -1.6% |
| 2006 | -35.7% | -6.4% |
| 2007 | -34.0% | -4.8% |
| 2008 | -34.6% | +1.9% |
| 2009 | -38.7% | +11.7% |
| 2010 | -37.6% | -2.8% |
| 2011 | -37.8% | +0.5% |
| 2012 | -38.6% | +2.3% |
| 2013 | -38.6% | -0.2% |
| 2014 | -37.7% | -2.1% |
| 2015 | -37.2% | -1.4% |
| 2016 | -36.8% | -1.0% |
| 2017 | -37.8% | +2.5% |
| 2018 | -38.8% | +2.8% |
| 2019 | -39.5% | +1.7% |
| 2020 | -42.9% | +8.7% |
| 2021 | -39.0% | -9.1% |
| 2022 | -40.9% | +4.8% |
| 2023 | -42.2% | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -36.4% | -38.8% | -34.0% | 10 |
| 2010s | -38.0% | -39.5% | -36.8% | 10 |
| 2020s | -41.3% | -42.9% | -39.0% | 4 |
Countries ranked near Luxembourg
- 145 San Marino -40.5% compare
- 146 United Kingdom of Great Britain and Northern Ireland -41.2% compare
- 146 United Kingdom of Great Britain and Northern Ireland -41.2% compare
- 149 Hungary -42.4% compare
- 150 Slovenia -42.9% compare
- 151 Finland -44.9% compare
More economy & growth data for Luxembourg
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 5.36 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0271 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 3,990 current US$ per person (2025)
- General government final consumption expenditure (current US$) 12.98 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1985 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 29,226 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 8.22 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.1756 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is cash surplus/deficit as a proportion of gdp in Luxembourg?
- Cash surplus/deficit as a proportion of gdp in Luxembourg was -42.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest cash surplus/deficit as a proportion of gdp recorded in Luxembourg?
- The highest recorded value was -34.0% in 2007.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in Luxembourg?
- The lowest recorded value was -42.9% in 2020.
- How does Luxembourg rank for cash surplus/deficit as a proportion of gdp?
- Luxembourg ranks 148th out of 162 countries with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in Luxembourg?
- Over the last ten years it is down 9.5%. The long-run trend across the full record is falling.
- Where does this Luxembourg data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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