Revenue, excluding grants in Luxembourg

Luxembourg: Revenue, excluding grants was 44.6% in 2024. ▲ Rising

Latest (2024)
44.6%
Change on year
up 4.0%
World rank
7th
of 157 countries
All-time high
44.6%
in 2024
All-time low
26.7%
in 1972
Years of data
53
1972–2024

Revenue, excluding grants in Luxembourg, 1972–2024

010203040197219982024

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

In 2024, revenue, excluding grants in Luxembourg stood at 44.6%. That is the highest value across all 53 years on record.

That represents a change of up 4.0% on the previous year and up 12.3% over ten years.

Over the whole period, revenue, excluding grants in Luxembourg peaked at 44.6% in 2024 and was at its lowest, 26.7%, in 1972.

Luxembourg ranks 7th of 157 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 53 years of available data.

Revenue, excluding grants in Luxembourg, year by year

Annual values for Revenue, excluding grants (% of GDP) in Luxembourg, 1972 to 2024.
Year % of GDP Change
1972 26.7%
1973 26.9% +0.6%
1974 27.6% +2.4%
1975 33.4% +21.1%
1976 33.8% +1.2%
1977 37.1% +9.9%
1978 37.7% +1.6%
1979 35.9% -4.9%
1980 37.6% +4.9%
1981 38.4% +1.9%
1982 37.7% -1.8%
1983 39.0% +3.4%
1984 37.6% -3.4%
1985 38.5% +2.2%
1986 36.6% -4.8%
1987 36.6% -0.1%
1988 34.8% -4.8%
1989 34.3% -1.7%
1990 34.8% +1.5%
1991 34.9% +0.4%
1992 36.9% +5.8%
1993 36.6% -1.0%
1994 36.8% +0.5%
1995 40.9% +11.2%
1996 40.7% -0.4%
1997 40.9% +0.3%
1998 41.5% +1.7%
1999 40.3% -2.9%
2000 40.6% +0.6%
2001 40.8% +0.5%
2002 40.6% -0.4%
2003 40.4% -0.4%
2004 39.6% -2.1%
2005 40.6% +2.6%
2006 38.8% -4.4%
2007 39.2% +0.9%
2008 38.7% -1.3%
2009 39.8% +2.9%
2010 39.1% -1.8%
2011 39.5% +1.0%
2012 39.8% +0.8%
2013 39.8% +0.0%
2014 39.7% -0.2%
2015 39.4% -0.7%
2016 39.5% +0.2%
2017 39.9% +1.0%
2018 42.4% +6.3%
2019 42.6% +0.4%
2020 41.2% -3.4%
2021 40.9% -0.6%
2022 42.0% +2.6%
2023 42.9% +2.1%
2024 44.6% +4.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 32.4% 26.7% 37.7% 8
1980s 37.1% 34.3% 39.0% 10
1990s 38.4% 34.8% 41.5% 10
2000s 39.9% 38.7% 40.8% 10
2010s 40.2% 39.1% 42.6% 10
2020s 42.3% 40.9% 44.6% 5

Countries ranked near Luxembourg

  1. 4 Norway 51.5% compare
  2. 5 Austria 45.1% compare
  3. 6 Greece 44.8% compare
  4. 8 Kuwait 43.8% compare
  5. 9 Slovenia 43.5% compare
  6. 10 France 42.1% compare

See the full ranking of 192 places →

More economy & growth data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is revenue, excluding grants in Luxembourg?
Revenue, excluding grants in Luxembourg was 44.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest revenue, excluding grants recorded in Luxembourg?
The highest recorded value was 44.6% in 2024.
What is the lowest revenue, excluding grants recorded in Luxembourg?
The lowest recorded value was 26.7% in 1972.
How does Luxembourg rank for revenue, excluding grants?
Luxembourg ranks 7th out of 157 countries with data for 2024.
Is revenue, excluding grants rising or falling in Luxembourg?
Over the last ten years it is up 12.3%. The long-run trend across the full record is rising.
Where does this Luxembourg data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.

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Revenue, excluding grants in Luxembourg. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 09 September 2026, from https://economy.statizoid.com/stat/revenue-excluding-grants-percent-of-gdp/luxembourg/

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About this data

Indicator
Revenue, excluding grants (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 5,652 data points, 1972–2024
Last refreshed

Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.