Luxembourg Consolidated Fiscal Balance

1995 - 2023 | Yearly | % | CEIC Data

Key information about Luxembourg Consolidated Fiscal Balance

  • Luxembourg Consolidated Fiscal Balance recorded a deficit equal to 1.252 % in Dec 2023, compared with a deficit equal to 0.287 % in the previous year.
  • Luxembourg Consolidated Fiscal Balance data is updated yearly, available from Dec 1995 to Dec 2023, with an average ratio of 1.367 %.
  • The data reached an all-time high of 5.623 % in Dec 2001 and a record low of -3.444 % in Dec 2020.

CEIC calculates Consolidated Fiscal Balance as % of Nominal GDP from annual Consolidated Fiscal Balance and annual Nominal GDP. The Statistics Portal of Luxembourg provides Consolidated Fiscal Balance in EUR and Nominal GDP in EUR.

View Luxembourg's Consolidated Fiscal Balance from 1995 to 2023 in the chart:

Luxembourg Consolidated Fiscal Balance

What was Luxembourg's Consolidated Fiscal Balance in 2023?

Luxembourg Consolidated Fiscal Balance recorded a deficit equal to 1.252 % in Dec 2023, compared with a deficit equal to 0.287 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-1.252 2023 -0.287 2022 -3.444 2020 5.623 2001 % yearly 1995 - 2023

Consolidated Fiscal Balance by Country Comparison

Buy Selected Data

Includes Consolidated Fiscal Balance on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) 166.483 Jan 2024 monthly Dec 1997 - Jan 2024
Algeria (USD mn) -5,868.518 2022 yearly 1997 - 2022
Argentina (USD mn) 397.177 Feb 2024 monthly Jan 1993 - Feb 2024
Armenia (USD mn) -330.259 Feb 2024 monthly Jan 2008 - Feb 2024
Australia (USD mn) -8,009.611 Dec 2023 quarterly Sep 2002 - Dec 2023
Austria (USD mn) -3,402.516 Dec 2023 quarterly Mar 2001 - Dec 2023
Azerbaijan (USD mn) 765.882 Feb 2024 monthly Dec 2004 - Feb 2024
Bahrain (USD mn) -778.940 2022 yearly 1990 - 2022
Bangladesh (USD mn) -600.635 Dec 2023 monthly Jul 2008 - Dec 2023
Belarus (USD mn) 404.854 Sep 2021 quarterly Dec 2005 - Sep 2021
Belgium (USD mn) -22,445.066 2022 yearly 1970 - 2022
Bolivia (USD mn) -2,565.847 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 3.922 Sep 2023 quarterly Dec 2008 - Sep 2023
Botswana (USD mn) -37.355 Jun 2023 monthly Apr 2007 - Jun 2023
Brazil (USD mn) -22,748.720 Feb 2024 monthly Jan 1997 - Feb 2024
Brunei (USD mn) 215.035 2022 yearly 2003 - 2022
Bulgaria (%) -3.058 Dec 2023 quarterly Sep 2003 - Dec 2023
Cambodia (USD mn) -42.892 Jan 2024 monthly Jan 2007 - Jan 2024
Canada (USD mn) -1,533.934 Jan 2024 monthly May 1992 - Jan 2024
Chile (USD mn) -7,629.972 2023 yearly 1990 - 2023
China (USD mn) 13,359.283 Feb 2024 monthly Jan 1995 - Feb 2024
Colombia (USD mn) 3,323.396 Sep 2023 quarterly Mar 1995 - Sep 2023
Croatia (USD mn) -963.223 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (USD mn) 87.207 Feb 2024 monthly Jan 2014 - Feb 2024
Czech Republic (USD mn) -4,711.392 Dec 2023 quarterly Mar 1999 - Dec 2023
Denmark (USD mn) 960.276 Dec 2023 quarterly Mar 1999 - Dec 2023
Ecuador (USD mn) -3,149.723 Dec 2023 quarterly Mar 2000 - Dec 2023
Egypt (USD mn) -29,074.911 Feb 2024 monthly Jan 2005 - Feb 2024
Estonia (USD mn) -754.548 Dec 2023 quarterly Mar 1999 - Dec 2023
European Union (USD mn) -557,108.519 2022 yearly 1999 - 2022
Finland (USD mn) -2,700.273 Dec 2023 quarterly Mar 1999 - Dec 2023
France (USD mn) -39,249.473 Sep 2023 quarterly Mar 1957 - Sep 2023
Georgia (USD mn) -98.274 Feb 2024 monthly Jan 2006 - Feb 2024
Germany (USD mn) -31,356.102 Dec 2023 quarterly Mar 1991 - Dec 2023
Ghana (USD mn) 239.230 Jun 2023 monthly Jan 2008 - Jun 2023
Greece (USD mn) 1,391.625 Sep 2023 quarterly Mar 1999 - Sep 2023
Hong Kong SAR, China (USD mn) -2,875.566 Feb 2024 monthly Oct 1998 - Feb 2024
Hungary (USD mn) -5,830.007 Dec 2023 quarterly Mar 1999 - Dec 2023
Iceland (USD mn) 42.783 Dec 2023 quarterly Mar 2002 - Dec 2023
India (USD mn) 48,073.564 Feb 2024 monthly Apr 1997 - Feb 2024
Indonesia (USD mn) -337.931 Feb 2024 monthly Jan 2014 - Feb 2024
Iran (USD mn) -13,054.478 Mar 2020 quarterly Jun 2005 - Mar 2020
Ireland (USD mn) 712.677 Sep 2023 quarterly Mar 2000 - Sep 2023
Israel (USD mn) -4,135.516 Mar 2024 monthly Jan 1999 - Mar 2024
Italy (USD mn) -32,343.010 Dec 2023 quarterly Mar 1999 - Dec 2023
Ivory Coast (USD mn) -4,144.453 2023 yearly 1960 - 2023
Japan (USD mn) -246,464.989 2023 yearly 1995 - 2023
Jordan (USD mn) 418.759 2018 yearly 1999 - 2018
Kazakhstan (USD mn) 593.900 Feb 2024 monthly Nov 2007 - Feb 2024
Kenya (%) -2.140 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (USD mn) -30,900.574 Feb 2024 monthly Jul 1999 - Feb 2024
Kosovo (USD mn) 49.040 Oct 2023 monthly Jan 2006 - Oct 2023
Kuwait (USD mn) 20,955.438 2022 yearly 1988 - 2022
Kyrgyzstan (USD mn) 7.955 Feb 2024 monthly Jan 2007 - Feb 2024
Laos (USD mn) -52.450 2022 yearly 2010 - 2022
Latvia (USD mn) 355.434 Jun 2023 quarterly Mar 1999 - Jun 2023
Lebanon (USD mn) 405.307 Dec 2021 monthly Jan 1998 - Dec 2021
Lithuania (USD mn) -1,359.047 Dec 2023 quarterly Mar 1999 - Dec 2023
Luxembourg (%) -1.252 2023 yearly 1995 - 2023
Macau SAR, China (%) -5.080 Sep 2023 quarterly Dec 2003 - Sep 2023
North Macedonia (USD mn) -604.501 2022 yearly 2009 - 2022
Malawi (USD mn) 12.722 Jan 2024 monthly Oct 2005 - Jan 2024
Malaysia (USD mn) -27,183.026 2022 yearly 1970 - 2022
Malta (USD mn) -48.396 Sep 2023 quarterly Mar 1999 - Sep 2023
Mauritius (%) -5.380 Sep 2023 quarterly Dec 2010 - Sep 2023
Mexico (USD mn) -15,389.501 Feb 2024 monthly Jan 1977 - Feb 2024
Moldova (USD mn) -857.246 2023 yearly 1998 - 2023
Mongolia (USD mn) 196.620 Feb 2024 monthly Jan 2000 - Feb 2024
Montenegro (USD mn) -158.147 Dec 2023 monthly Jan 2012 - Dec 2023
Morocco (USD mn) 1,673.450 Mar 2024 monthly Jan 2000 - Mar 2024
Mozambique (USD mn) 388.757 Dec 2016 quarterly Mar 2002 - Dec 2016
Myanmar (USD mn) -5,489.382 2021 yearly 1980 - 2021
Nepal (USD mn) -236.645 Dec 2023 quarterly Mar 2017 - Dec 2023
Netherlands (USD mn) -1,658.478 Dec 2023 quarterly Mar 1999 - Dec 2023
New Zealand (USD mn) -114.714 Dec 2023 quarterly Mar 1999 - Dec 2023
Nigeria (USD mn) -3,071.175 Sep 2023 quarterly Mar 2005 - Sep 2023
Norway (USD mn) 14,604.965 Dec 2023 quarterly Mar 2002 - Dec 2023
Oman (USD mn) 221.066 Jan 2024 monthly Jun 2003 - Jan 2024
Pakistan (USD mn) -29,641.346 2022 yearly 1991 - 2022
Palestinian Territory (USD mn) -619.800 2020 yearly 2010 - 2020
Panama (USD mn) -2,462.500 2023 yearly 2003 - 2023
Paraguay (USD mn) -235.315 Mar 2024 monthly Jan 2003 - Mar 2024
Peru (USD mn) -5,788.283 Dec 2023 quarterly Mar 1990 - Dec 2023
Philippines (USD mn) -2,937.257 Feb 2024 monthly Jan 1985 - Feb 2024
Poland (USD mn) -25,828.453 2022 yearly 1995 - 2022
Portugal (USD mn) -3,456.500 Dec 2023 quarterly Dec 1998 - Dec 2023
Qatar (USD mn) 384.615 Dec 2023 quarterly Mar 2011 - Dec 2023
Romania (%) -5.599 Dec 2023 quarterly Dec 2004 - Dec 2023
Russia (USD mn) -9,938.441 Feb 2024 monthly Jan 1993 - Feb 2024
Saudi Arabia (USD mn) -21,585.731 2023 yearly 1969 - 2023
Serbia (USD mn) -154.202 Feb 2024 monthly Jan 2005 - Feb 2024
Singapore (USD mn) 2,633.747 Feb 2024 monthly Apr 2011 - Feb 2024
Slovakia (USD mn) -1,040.694 Mar 2024 monthly Jan 2005 - Mar 2024
Slovenia (USD mn) -154.318 Feb 2024 monthly Jan 2000 - Feb 2024
South Africa (USD mn) 1,092.928 Feb 2024 monthly Jan 1990 - Feb 2024
Spain (USD mn) -27,796.994 Dec 2023 quarterly Mar 1995 - Dec 2023
Sri Lanka (%) -10.538 Sep 2023 quarterly Dec 2014 - Sep 2023
Sudan (USD mn) -196.813 2021 yearly 2001 - 2021
Sweden (USD mn) 4,313.087 2022 yearly 1995 - 2022
Switzerland (USD mn) 4,720.312 2023 yearly 1990 - 2023

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Luxembourg Key Series

Buy Selected Data

Includes 207 key indicators for Luxembourg, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.3 2023 yearly 1995 - 2023
Tax Revenue (USD mn) 24,967.814 2023 yearly 1995 - 2023
Tax Revenue: % of GDP (%) 29.1 2023 yearly 1995 - 2023
National Government Debt (USD mn) 22,520.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Government Debt: % of GDP (%) 25.7 Dec 2023 quarterly Dec 1997 - Dec 2023
Forecast: Government Expenditure (EUR bn) 47.258 2028 yearly 1995 - 2028
Forecast: Government Net Debt (EUR bn) 31.235 2028 yearly 1995 - 2028
Forecast: Government Revenue (EUR bn) 46.559 2028 yearly 1995 - 2028
General Government Debt: Consolidated (EUR mn) 20,358.500 Dec 2023 quarterly Dec 1995 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.400 2028 yearly 1987 - 2028
Trade Balance (USD mn) -668.8 Jan 2024 monthly Jan 1988 - Jan 2024
Total Exports (USD mn) 1,397.1 Jan 2024 monthly Jan 1988 - Jan 2024
Total Exports Growth (%) -6.4 Jan 2024 monthly Jan 1989 - Jan 2024
Aluminum: Exports (USD th) 548,752.894 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 88,440.139 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 30,283.048 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,065.8 Jan 2024 monthly Jan 1988 - Jan 2024
Total Imports Growth (%) -10.8 Apr 2023 monthly Jan 1989 - Apr 2023
Imports: Medicament (USD th) 475,818.281 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 147,812.953 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 37.835 Jan 2024 monthly Jan 1988 - Jan 2024
Total Imports from USA (USD mn) 103.283 Jan 2024 monthly Jan 1988 - Jan 2024
Total Exports to China (USD mn) 26.725 Dec 2023 monthly Jan 1997 - Dec 2023
Total Imports from China (USD mn) 214.400 2023 yearly 1993 - 2023
Trade Balance: sa (EUR mn) -613.596 Jan 2024 monthly Jan 1988 - Jan 2024
Exports (EUR mn) 1,205.821 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: sa (EUR mn) 1,895.427 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: sa (EUR mn) 1,281.832 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: Other Manufactured Goods (EUR mn) 181.385 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: Chemicals and Related Products (EUR mn) 154.293 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: Base Metal Products (EUR mn) 192.293 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: Machinery and Equipment (EUR mn) 222.730 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: Transport Equipment (EUR mn) 165.614 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 210.429 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: America: ow United States of America (EUR mn) 34.714 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: Asia: ow Japan (EUR mn) 10.120 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 287.475 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: European Union (EUR mn) 966.420 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 155.422 Jan 2024 monthly Jan 1988 - Jan 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -155,563.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Current Account Balance (USD mn) 1,576.9 Dec 2023 quarterly Mar 1995 - Dec 2023
Current Account Balance: % of GDP (%) 7.0 Dec 2023 quarterly Mar 1995 - Dec 2023
Foreign Direct Investment (USD mn) -131,420.3 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Direct Investment: % of GDP (%) -584.6 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Portfolio Investment (USD mn) -25,997.080 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -115.6 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -10,771.4 Sep 2023 quarterly Mar 2002 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -10,542.166 Dec 2023 quarterly Mar 2002 - Dec 2023
External Debt (USD mn) 3,791,246.5 Dec 2023 quarterly Dec 2002 - Dec 2023
External Debt: % of GDP (%) 4,321.4 2023 yearly 2002 - 2023
External Debt: Short Term (USD mn) 1,005,773.8 Dec 2023 quarterly Dec 2002 - Dec 2023
External Debt: Short Term: % of GDP (%) 1,146.4 2023 yearly 2002 - 2023
Total Debt: % of GDP (%) 7,053.4 Dec 2023 quarterly Dec 1995 - Dec 2023
Forecast: Current Account Balance (USD bn) 4.708 2028 yearly 1995 - 2028
Net International Investment Position (USD mn) 29,674.752 Dec 2023 quarterly Dec 2002 - Dec 2023
BoP: FA: DI: Liabilities (EUR mn) -122,111.145 Dec 2023 quarterly Mar 2002 - Dec 2023
BoP: Financial Account (FA) (EUR mn) 1,410.323 Dec 2023 quarterly Mar 2002 - Dec 2023
BoP: FA: OI: Liabilities (EUR mn) 15,691.597 Dec 2023 quarterly Mar 2002 - Dec 2023
BoP: FA: Reserve Assets (EUR mn) -40.841 Dec 2023 quarterly Mar 2002 - Dec 2023
BoP: CA: Secondary Income (EUR mn) -629.066 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: FA: Other Investment (OI): Assets (EUR mn) 9,010.554 Dec 2023 quarterly Mar 2002 - Dec 2023
BoP: CA: Services (EUR mn) 7,195.541 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: FA: Portfolio Investment (PI): Assets (EUR mn) 1,914.581 Dec 2023 quarterly Mar 2002 - Dec 2023
BoP: Errors & Omissions (EUR mn) -1.048 Dec 2023 quarterly Mar 2002 - Dec 2023
BoP: CA: Goods (EUR mn) 654.079 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: Current Account (CA) (EUR mn) 1,465.188 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: FA: Direct Investment (DI): Assets (EUR mn) -144,543.807 Dec 2023 quarterly Mar 2002 - Dec 2023
BoP: Capital Account (EUR mn) -53.816 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: FA: PI: Liabilities (EUR mn) -24,155.583 Dec 2023 quarterly Mar 2002 - Dec 2023
BoP: FA: Financial Derivatives (EUR mn) 4,494.705 Dec 2023 quarterly Mar 2002 - Dec 2023
International Investment Position (IIP): Net (EUR mn) 26,825.847 Dec 2023 quarterly Dec 2002 - Dec 2023
IIP: Assets (EUR mn) 11,667,605.247 Dec 2023 quarterly Dec 2002 - Dec 2023
IIP: Liabilities (EUR mn) 11,640,779.399 Dec 2023 quarterly Dec 2002 - Dec 2023
Gross External Debt (EUR mn) 3,427,270.343 Dec 2023 quarterly Dec 2002 - Dec 2023
Gross External Debt: General Government: Long Term (EUR mn) 11,354.486 Dec 2023 quarterly Dec 2002 - Dec 2023
Gross External Debt: General Government: Short Term (EUR mn) 0.000 Dec 2023 quarterly Dec 2002 - Dec 2023
Gross External Debt: General Government (EUR mn) 11,354.486 Dec 2023 quarterly Dec 2002 - Dec 2023
Number of Bankruptcies: NACE 2 (Unit) 935.000 2023 yearly 2000 - 2023
Number of Enterprises: NACE 2: New (Unit) 3,178.000 2020 yearly 2003 - 2020
Number of Enterprises: NACE 2: Active (Unit) 40,997.000 2020 yearly 2003 - 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Household Debt: % of GDP (%) 69.2 Dec 2023 quarterly Dec 1995 - Dec 2023
Money Supply M1 (USD mn) 295,031.099 Feb 2024 monthly Jan 1999 - Feb 2024
Money Supply M2 (USD mn) 391,645.679 Feb 2024 monthly Jan 1999 - Feb 2024
M2 Growth (%) -8.3 Jan 2024 monthly Jan 2000 - Jan 2024
Reserve Requirement Ratio (%) 1.0 Mar 2024 monthly Jan 1999 - Mar 2024
Foreign Exchange Reserves (USD mn) 188.5 Feb 2024 monthly Jan 1999 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 0.224 Dec 2023 quarterly Mar 1999 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 0.1 Jan 2024 monthly Jan 1999 - Jan 2024
Gold Reserves (USD mn) 148.116 Feb 2024 monthly Jan 1999 - Feb 2024
Total Deposits (USD mn) 855,753.887 Dec 2023 quarterly Mar 2003 - Dec 2023
Total Deposits Growth (%) -1.0 Dec 2023 quarterly Mar 2004 - Dec 2023
Domestic Credit (USD mn) 149,821.8 Jan 2024 monthly Jan 1999 - Jan 2024
Domestic Credit Growth (%) -7.2 Jan 2024 monthly Jan 2000 - Jan 2024
Credit to Households (USD bn) 57.797 Sep 2023 quarterly Mar 1995 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 322.629 Sep 2023 quarterly Mar 1995 - Sep 2023
Household Debt (USD mn) 57,107.4 Mar 2023 quarterly Mar 1995 - Mar 2023
Total Loans (USD mn) 737,377.642 Feb 2024 monthly Jan 2001 - Feb 2024
Total Loans Growth (%) -4.07 Feb 2024 monthly Jan 2002 - Feb 2024
Private Debt: % of Nominal GDP (%) 93.17 Dec 2023 quarterly Mar 1999 - Dec 2023
Money Supply: M3 (EUR bn) 472.900 Jan 2024 monthly Jan 1999 - Jan 2024
Money Supply: M3: M2 (EUR bn) 363.400 Jan 2024 monthly Jan 1999 - Jan 2024
Money Supply: M3: M2: M1 (EUR bn) 274.200 Jan 2024 monthly Jan 1999 - Jan 2024
Money Supply: M3: M2: M1: Currency in Circulation (EUR bn) 3.600 Mar 2019 monthly Jan 1999 - Mar 2019
Official Reserve Assets: Foreign Exchange (EUR mn) 174.422 Feb 2024 monthly Jan 1999 - Feb 2024
Official Reserve Assets (EUR mn) 2,727.227 Feb 2024 monthly Jan 1999 - Feb 2024
Bank Deposits: Domestic (EUR mn) 309,368.600 Feb 2024 monthly Jan 2003 - Feb 2024
Bank Loans: Domestic: Credit Institutions (EUR mn) 173,440.782 Feb 2024 monthly Jan 1999 - Feb 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -10.8 Mar 2024 monthly Jan 1986 - Mar 2024

More Indicators for Luxembourg

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data