Historical gov spending gdp in Luxembourg
Luxembourg: Historical gov spending gdp was 46.87 in 2024. β² Rising
Latest (2024)
46.87
Change on year
up 1.1%
World rank
22nd
of 151 countries
All-time high
47.04
in 2020
All-time low
37.39
in 2007
Years of data
30
1995β2024
Historical gov spending gdp in Luxembourg, 1995β2024
Source: Our World in Data.
Analysis
In 2024, historical gov spending gdp in Luxembourg stood at 46.87.
Compared with earlier readings it is up 1.1% on the previous year and up 15.4% over ten years.
Over the whole period, historical gov spending gdp in Luxembourg peaked at 47.04 in 2020 and was at its lowest, 37.39, in 2007.
Luxembourg ranks 22nd of 151 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.87 | 41.75 | 44.16 | 5 |
| 2000s | 40.57 | 37.39 | 43.67 | 10 |
| 2010s | 41.42 | 40.04 | 43.07 | 10 |
| 2020s | 45.4 | 42.41 | 47.04 | 5 |
Countries ranked near Luxembourg
More economy & growth data for Luxembourg
- External balance on goods and services as a percent of gdp 31.16 (2025)
- Inflation of consumer prices 2.26 (2025)
- Gdp per capita worldbank constant usd 103,292 (2025)
- Manufacturing value added to gdp 3.72 (2025)
- Gdp worldbank constant usd 70.96 billion (2025)
- Gdp per capita in international and market dollars 103,292 (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -587.70 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -636.12 million current US$ (2024)
- Taxes less subsidies on products 8.46 billion current LCU (2025)
Frequently asked questions
- What is historical gov spending gdp in Luxembourg?
- Historical gov spending gdp in Luxembourg was 46.87 in 2024, according to Our World in Data.
- What is the highest historical gov spending gdp recorded in Luxembourg?
- The highest recorded value was 47.04 in 2020.
- What is the lowest historical gov spending gdp recorded in Luxembourg?
- The lowest recorded value was 37.39 in 2007.
- How does Luxembourg rank for historical gov spending gdp?
- Luxembourg ranks 22nd out of 151 countries with data for 2024.
- Is historical gov spending gdp rising or falling in Luxembourg?
- Over the last ten years it is up 15.4%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Our World in Data, published as part of Historical gov spending gdp. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 30 observations, free to reuse under CC BY 4.0 (Our World in Data).