Taxes less subsidies on products in Luxembourg
Luxembourg: Taxes less subsidies on products was 9.55 billion current US$ in 2025. ◆ Volatile
Taxes less subsidies on products in Luxembourg, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Luxembourg recorded 9.55 billion current US$ for taxes less subsidies on products in 2025. That is the highest value across all 56 years on record.
The figure is up 14.4% on the previous year and up 87.0% over ten years.
Over the whole period, taxes less subsidies on products in Luxembourg peaked at 9.55 billion current US$ in 2025 and was at its lowest, 47.87 million current US$, in 1970.
Luxembourg ranks 63rd of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Luxembourg, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 47.87 million current US$ | — |
| 1971 | 73.60 million current US$ | +53.7% |
| 1972 | 105.28 million current US$ | +43.0% |
| 1973 | 142.26 million current US$ | +35.1% |
| 1974 | 147.71 million current US$ | +3.8% |
| 1975 | 202.59 million current US$ | +37.2% |
| 1976 | 209.44 million current US$ | +3.4% |
| 1977 | 233.99 million current US$ | +11.7% |
| 1978 | 294.80 million current US$ | +26.0% |
| 1979 | 329.38 million current US$ | +11.7% |
| 1980 | 422.33 million current US$ | +28.2% |
| 1981 | 356.34 million current US$ | -15.6% |
| 1982 | 333.96 million current US$ | -6.3% |
| 1983 | 379.99 million current US$ | +13.8% |
| 1984 | 384.22 million current US$ | +1.1% |
| 1985 | 394.93 million current US$ | +2.8% |
| 1986 | 563.17 million current US$ | +42.6% |
| 1987 | 731.40 million current US$ | +29.9% |
| 1988 | 816.63 million current US$ | +11.7% |
| 1989 | 872.95 million current US$ | +6.9% |
| 1990 | 1.12 billion current US$ | +27.8% |
| 1991 | 1.28 billion current US$ | +14.5% |
| 1992 | 1.42 billion current US$ | +10.9% |
| 1993 | 1.58 billion current US$ | +11.1% |
| 1994 | 1.72 billion current US$ | +9.0% |
| 1995 | 2.08 billion current US$ | +20.9% |
| 1996 | 2.04 billion current US$ | -1.7% |
| 1997 | 1.98 billion current US$ | -2.9% |
| 1998 | 2.11 billion current US$ | +6.7% |
| 1999 | 2.32 billion current US$ | +9.6% |
| 2000 | 2.29 billion current US$ | -1.0% |
| 2001 | 2.20 billion current US$ | -4.1% |
| 2002 | 2.45 billion current US$ | +11.2% |
| 2003 | 3.11 billion current US$ | +27.3% |
| 2004 | 3.90 billion current US$ | +25.3% |
| 2005 | 4.21 billion current US$ | +8.0% |
| 2006 | 4.38 billion current US$ | +4.0% |
| 2007 | 5.46 billion current US$ | +24.5% |
| 2008 | 5.90 billion current US$ | +8.1% |
| 2009 | 5.49 billion current US$ | -7.0% |
| 2010 | 5.52 billion current US$ | +0.7% |
| 2011 | 6.29 billion current US$ | +14.0% |
| 2012 | 6.22 billion current US$ | -1.1% |
| 2013 | 6.74 billion current US$ | +8.3% |
| 2014 | 7.36 billion current US$ | +9.1% |
| 2015 | 5.11 billion current US$ | -30.5% |
| 2016 | 5.34 billion current US$ | +4.5% |
| 2017 | 5.83 billion current US$ | +9.2% |
| 2018 | 6.68 billion current US$ | +14.7% |
| 2019 | 6.63 billion current US$ | -0.9% |
| 2020 | 6.75 billion current US$ | +1.8% |
| 2021 | 8.00 billion current US$ | +18.6% |
| 2022 | 7.69 billion current US$ | -3.9% |
| 2023 | 7.74 billion current US$ | +0.6% |
| 2024 | 8.35 billion current US$ | +7.9% |
| 2025 | 9.55 billion current US$ | +14.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 178.69 million current US$ | 47.87 million current US$ | 329.38 million current US$ | 10 |
| 1980s | 525.59 million current US$ | 333.96 million current US$ | 872.95 million current US$ | 10 |
| 1990s | 1.76 billion current US$ | 1.12 billion current US$ | 2.32 billion current US$ | 10 |
| 2000s | 3.94 billion current US$ | 2.20 billion current US$ | 5.90 billion current US$ | 10 |
| 2010s | 6.17 billion current US$ | 5.11 billion current US$ | 7.36 billion current US$ | 10 |
| 2020s | 8.01 billion current US$ | 6.75 billion current US$ | 9.55 billion current US$ | 6 |
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)
- GDP (current US$), annual growth rate 8.45 % change on previous year (2025)
- GDP (current US$), per capita 147,252 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.88 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.885 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 130,314 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 0.6379 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7015 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 103,292 constant 2015 US$ per person (2025)
Frequently asked questions
- What is taxes less subsidies on products in Luxembourg?
- Taxes less subsidies on products in Luxembourg was 9.55 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Luxembourg?
- The highest recorded value was 9.55 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Luxembourg?
- The lowest recorded value was 47.87 million current US$ in 1970.
- How does Luxembourg rank for taxes less subsidies on products?
- Luxembourg ranks 63rd out of 197 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Luxembourg?
- Over the last ten years it is up 87.0%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.