Historical gov spending gdp in Luxembourg

Luxembourg: Historical gov spending gdp was 46.87 in 2024. β–² 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
1995–2024

Historical gov spending gdp in Luxembourg, 1995–2024

010203040501995200920241995: 421996: 42.51997: 44.21998: 43.91999: 41.72000: 382001: 38.12002: 41.82003: 43.32004: 43.72005: 43.42006: 39.42007: 37.42008: 37.92009: 42.72010: 422011: 41.52012: 41.82013: 41.22014: 40.62015: 40.42016: 402017: 41.32018: 42.32019: 43.12020: 472021: 42.42022: 44.32023: 46.42024: 46.9

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

DecadeAverage LowestHighest 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

  1. 19 Denmark 47.33 compare
  2. 20 Slovakia 47.12 compare
  3. 21 Hungary 46.87 compare
  4. 23 Iceland 46.54 compare
  5. 24 Slovenia 46.47 compare
  6. 25 Maldives 46.08 compare

See the full ranking of 151 places β†’

More economy & growth data for Luxembourg

All data for Luxembourg β†’

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.

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CSV Β· JSON β€” 30 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Historical gov spending gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
151 places, 9,265 data points, 1800–2024
Last refreshed