Gross public sector debt as a share of gross domestic product in Luxembourg
Luxembourg: Gross public sector debt as a share of gross domestic product was 24.4% in 2024. ▲ Rising
Gross public sector debt as a share of gross domestic product in Luxembourg, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, gross public sector debt as a share of gross domestic product in Luxembourg stood at 24.4%. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 5.6% on the previous year and up 21.5% over ten years.
Over the whole period, gross public sector debt as a share of gross domestic product in Luxembourg peaked at 24.4% in 2024 and was at its lowest, 5.2%, in 2003.
Luxembourg ranks 43rd of 49 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross public sector debt as a share of gross domestic product in Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 6.5% | — |
| 2001 | 6.5% | +0.6% |
| 2002 | 6.3% | -3.8% |
| 2003 | 5.2% | -17.2% |
| 2004 | 5.9% | +13.4% |
| 2005 | 5.6% | -5.4% |
| 2006 | 6.0% | +7.9% |
| 2007 | 6.1% | +1.3% |
| 2008 | 12.8% | +109.2% |
| 2009 | 13.4% | +4.9% |
| 2010 | 17.2% | +28.0% |
| 2011 | 16.6% | -3.0% |
| 2012 | 19.0% | +14.4% |
| 2013 | 20.7% | +8.6% |
| 2014 | 20.1% | -2.7% |
| 2015 | 19.3% | -4.0% |
| 2016 | 17.9% | -7.1% |
| 2017 | 20.3% | +13.3% |
| 2018 | 19.4% | -4.3% |
| 2019 | 21.1% | +8.2% |
| 2020 | 23.5% | +11.8% |
| 2021 | 23.1% | -1.7% |
| 2022 | 23.7% | +2.6% |
| 2023 | 23.1% | -2.4% |
| 2024 | 24.4% | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.4% | 5.2% | 13.4% | 10 |
| 2010s | 19.2% | 16.6% | 21.1% | 10 |
| 2020s | 23.6% | 23.1% | 24.4% | 5 |
Countries ranked near Luxembourg
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0372 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 5,482 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0329 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 4,852 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0376 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 5,537 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 5,390 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -0.3544 % change on previous year (2025)
Frequently asked questions
- What is gross public sector debt as a share of gross domestic product in Luxembourg?
- Gross public sector debt as a share of gross domestic product in Luxembourg was 24.4% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest gross public sector debt as a share of gross domestic product recorded in Luxembourg?
- The highest recorded value was 24.4% in 2024.
- What is the lowest gross public sector debt as a share of gross domestic product recorded in Luxembourg?
- The lowest recorded value was 5.2% in 2003.
- How does Luxembourg rank for gross public sector debt as a share of gross domestic product?
- Luxembourg ranks 43rd out of 49 countries with data for 2024.
- Is gross public sector debt as a share of gross domestic product rising or falling in Luxembourg?
- Over the last ten years it is up 21.5%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Gross public sector debt as a share of gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).