Government debt by instrument coverage — SDRs, currency and deposits in Luxembourg

Luxembourg: Government debt by instrument coverage — SDRs, currency and deposits was 38.59 Percentage of GDP in 2026. ▲ Rising

Latest (2026)
38.59 Percentage of GDP
Change on year
up 21.7%
World rank
19th
of 20 countries
All-time high
38.59 Percentage of GDP
in 2026
All-time low
16.2 Percentage of GDP
in 2002
Years of data
29
1998–2026

Government debt by instrument coverage — SDRs, currency and deposits in Luxembourg, 1998–2026

0102030401998201220261998: 20 Percentage of GDP1999: 19.9 Percentage of GDP2000: 17.6 Percentage of GDP2001: 16.5 Percentage of GDP2002: 16.2 Percentage of GDP2003: 17.2 Percentage of GDP2004: 17.6 Percentage of GDP2005: 17.7 Percentage of GDP2006: 17.5 Percentage of GDP2007: 16.3 Percentage of GDP2008: 17 Percentage of GDP2009: 23.8 Percentage of GDP2010: 21.7 Percentage of GDP2011: 26 Percentage of GDP2012: 27.5 Percentage of GDP2013: 29.3 Percentage of GDP2014: 27.3 Percentage of GDP2015: 29.5 Percentage of GDP2016: 27.4 Percentage of GDP2017: 28.7 Percentage of GDP2018: 27.1 Percentage of GDP2019: 29.8 Percentage of GDP2020: 31.8 Percentage of GDP2021: 33.8 Percentage of GDP2022: 28.2 Percentage of GDP2023: 31.8 Percentage of GDP2024: 31.4 Percentage of GDP2025: 31.7 Percentage of GDP2026: 38.6 Percentage of GDP

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

In 2026, government debt by instrument coverage — sdrs, currency and deposits in Luxembourg stood at 38.59 Percentage of GDP. That is the highest value across all 29 years on record.

Compared with earlier readings it is up 21.7% on the previous year and up 41.1% over ten years.

Over the whole period, government debt by instrument coverage — sdrs, currency and deposits in Luxembourg peaked at 38.59 Percentage of GDP in 2026 and was at its lowest, 16.2 Percentage of GDP, in 2002.

Luxembourg ranks 19th of 20 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 29 years of available data.

Government debt by instrument coverage — SDRs, currency and deposits in Luxembourg, year by year

Annual values for Government debt by instrument coverage — SDRs, currency and deposits, debt securities, loans and other accounts payable in Luxembourg, 1998 to 2026.
Year Percentage of GDP Change
1998 19.97 Percentage of GDP
1999 19.93 Percentage of GDP -0.2%
2000 17.62 Percentage of GDP -11.6%
2001 16.49 Percentage of GDP -6.4%
2002 16.2 Percentage of GDP -1.7%
2003 17.19 Percentage of GDP +6.1%
2004 17.63 Percentage of GDP +2.5%
2005 17.69 Percentage of GDP +0.3%
2006 17.51 Percentage of GDP -1.0%
2007 16.26 Percentage of GDP -7.1%
2008 17.03 Percentage of GDP +4.7%
2009 23.77 Percentage of GDP +39.6%
2010 21.65 Percentage of GDP -8.9%
2011 25.97 Percentage of GDP +20.0%
2012 27.47 Percentage of GDP +5.8%
2013 29.34 Percentage of GDP +6.8%
2014 27.31 Percentage of GDP -6.9%
2015 29.53 Percentage of GDP +8.1%
2016 27.35 Percentage of GDP -7.4%
2017 28.67 Percentage of GDP +4.8%
2018 27.14 Percentage of GDP -5.3%
2019 29.76 Percentage of GDP +9.6%
2020 31.76 Percentage of GDP +6.7%
2021 33.81 Percentage of GDP +6.5%
2022 28.22 Percentage of GDP -16.6%
2023 31.81 Percentage of GDP +12.7%
2024 31.44 Percentage of GDP -1.2%
2025 31.71 Percentage of GDP +0.9%
2026 38.59 Percentage of GDP +21.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 19.95 Percentage of GDP 19.93 Percentage of GDP 19.97 Percentage of GDP 2
2000s 17.74 Percentage of GDP 16.2 Percentage of GDP 23.77 Percentage of GDP 10
2010s 27.42 Percentage of GDP 21.65 Percentage of GDP 29.76 Percentage of GDP 10
2020s 32.48 Percentage of GDP 28.22 Percentage of GDP 38.59 Percentage of GDP 7

Countries ranked near Luxembourg

  1. 16 Sweden 51.04 Percentage of GDP compare
  2. 17 Ireland 40 Percentage of GDP compare
  3. 18 Switzerland 39.64 Percentage of GDP compare
  4. 20 Denmark 33.69 Percentage of GDP compare

See the full ranking of 29 places →

More economy & growth data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is government debt by instrument coverage — sdrs, currency and deposits in Luxembourg?
Government debt by instrument coverage — sdrs, currency and deposits in Luxembourg was 38.59 Percentage of GDP in 2026, according to Organisation for Economic Co-operation and Development.
What is the highest government debt by instrument coverage — sdrs, currency and deposits recorded in Luxembourg?
The highest recorded value was 38.59 Percentage of GDP in 2026.
What is the lowest government debt by instrument coverage — sdrs, currency and deposits recorded in Luxembourg?
The lowest recorded value was 16.2 Percentage of GDP in 2002.
How does Luxembourg rank for government debt by instrument coverage — sdrs, currency and deposits?
Luxembourg ranks 19th out of 20 countries with data for 2026.
Is government debt by instrument coverage — sdrs, currency and deposits rising or falling in Luxembourg?
Over the last ten years it is up 41.1%. The long-run trend across the full record is rising.
Where does this Luxembourg data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Government debt by instrument coverage — SDRs, currency and deposits, debt securities, loans and other accounts payable. Statizoid updates them automatically from the source API.

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Government debt by instrument coverage — SDRs, currency and deposits in Luxembourg. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 07 September 2026, from https://economy.statizoid.com/stat/government-debt-by-instrument-coverage-sdrs-currency-and-deposits-debt-securities-loans/luxembourg/

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About this data

Indicator
Government debt by instrument coverage — SDRs, currency and deposits, debt securities, loans and other accounts payable
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
29 places, 803 data points, 1995–2026
Last refreshed

The magnitude of government debt and debt-to-GDP ratios varies depending on which measure of debt is used. To promote international comparability, the IMF, the OECD and the World Bank have agreed on a set of standard debt measures, which are defined in the Public Sector Debt Statistics Guide for Compilers and Users and the Government Finance Statistics Manual 2014. Government gross debt is shown in four categories: D1 to D4. D1 is the narrowest measure, comprising only two financial instruments: debt securities and loans. D4 (‘total gross debt’) is the broadest measure and includes debt securities, loans, Special Drawing Rights, currency and deposits, other accounts payable and insurance, pensions and standardised guarantees. The D1 to D3 measures are comparable between OECD countries. D4 is the preferred measure of debt in the international accounting standards (System of National Accounts or SNA) but cross-country comparability is more difficult for D4 because countries have different approaches to recording unfunded pension liabilities for government employees. For more information, please see the document: Measuring Government Debt: D1-D4