Luxembourg Forecast: Government Expenditure

1995 - 2031 | Yearly | EUR bn | International Monetary Fund

Key information about Luxembourg Forecast: Government Expenditure

  • Luxembourg Government Expenditure is forecasted to be 45.499 EUR bn in Dec 2026 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 43.202 EUR bn in Dec 2025.
  • Looking ahead, Luxembourg Government Expenditure is projected to stand at 58.189 EUR bn in Dec 2031.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.

View Luxembourg's Forecast: Government Expenditure from 1995 to 2031 in the chart:

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Luxembourg Forecast: Government Expenditure
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Luxembourg Forecast: Government Expenditure

What is Luxembourg's Forecast: Government Expenditure in 2031?

Luxembourg Government Expenditure is forecasted to be 45.499 EUR bn in Dec 2026 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
58.189 2031 55.373 2030 6.305 1995 58.189 2031 EUR bn yearly 1995 - 2031

Forecast: Government Expenditure by Country Comparison

country/region Last Frequency Range
Afghanistan (AFA bn) 268.305 2026 yearly 2003 - 2026
Albania (ALL bn) 1,214.244 2031 yearly 1997 - 2031
Algeria (DZD bn) 17,028.501 2031 yearly 1990 - 2031
Andorra (%) 38.467 2031 yearly 2001 - 2031
Angola (AOA bn) 44,515.084 2031 yearly 1996 - 2031
Antigua and Barbuda (XCD bn) 1.728 2031 yearly 1990 - 2031
Argentina (ARS bn) 699,041.910 2031 yearly 1993 - 2031
Armenia (AMD bn) 4,938.313 2031 yearly 2005 - 2031
Aruba (%) 21.826 2031 yearly 1995 - 2031
Australia (AUD bn) 1,403.146 2031 yearly 1988 - 2031
Austria (EUR bn) 342.326 2031 yearly 1988 - 2031
Azerbaijan (AZN bn) 60.729 2031 yearly 1994 - 2031
Bahamas (BSD bn) 4.275 2031 yearly 1990 - 2031
Bahrain (BHD bn) 6.636 2031 yearly 1990 - 2031
Bangladesh (BDT bn) 7,011.275 2024 yearly 1980 - 2024
Barbados (BBD bn) 5.542 2032 yearly 1995 - 2032
Belarus (BYN bn) 179.312 2031 yearly 2001 - 2031
Belgium (EUR bn) 425.117 2031 yearly 1980 - 2031
Belize (BZD bn) 2.081 2031 yearly 1996 - 2031
Benin (XOF bn) 4,824.665 2031 yearly 1989 - 2031
Bhutan (BTN bn) 168.699 2031 yearly 1981 - 2031
Bolivia (BOB bn) 160.644 2026 yearly 1981 - 2026
Bosnia and Herzegovina (BAM bn) 37.144 2031 yearly 1998 - 2031
Botswana (BWP bn) 157.475 2032 yearly 1981 - 2032
Brazil (BRL bn) 8,476.375 2031 yearly 2001 - 2031
Brunei (BND bn) 7.759 2031 yearly 1980 - 2031
Bulgaria (BGN bn) 61.035 2031 yearly 1998 - 2031
Burkina Faso (XOF bn) 6,561.884 2031 yearly 1985 - 2031
Burundi (BIF bn) 11,427.610 2031 yearly 1990 - 2031
Cambodia (KHR bn) 58,750.348 2031 yearly 1996 - 2031
Cameroon (XAF bn) 9,013.756 2031 yearly 2000 - 2031
Canada (CAD bn) 1,789.926 2031 yearly 1980 - 2031
Cape Verde (CVE bn) 124.381 2031 yearly 1994 - 2031
Central African Republic (XAF bn) 594.467 2031 yearly 1987 - 2031
Chad (XAF bn) 3,597.607 2031 yearly 1995 - 2031
Chile (CLP bn) 121,587.322 2031 yearly 1990 - 2031
China (RMB bn) 62,904.803 2031 yearly 1982 - 2031
Colombia (COP bn) 872,724.384 2031 yearly 1982 - 2031
Comoros (KMF bn) 198.222 2031 yearly 1984 - 2031
Congo (XAF bn) 2,518.256 2031 yearly 1989 - 2031
Costa Rica (CRC bn) 11,357.490 2031 yearly 1990 - 2031
Croatia (EUR bn) 60.523 2031 yearly 1992 - 2031
Cyprus (EUR bn) 19.522 2031 yearly 1995 - 2031
Czech Republic (CZK bn) 4,793.227 2031 yearly 1995 - 2031
Democratic Republic of Congo (CDF bn) 79,700.848 2031 yearly 1996 - 2031
Denmark (DKK bn) 1,912.461 2031 yearly 1980 - 2031
Djibouti (DJF bn) 208.370 2031 yearly 1990 - 2031
Dominica (XCD bn) 1.130 2031 yearly 1990 - 2031
Dominican Republic (DOP bn) 2,371.314 2031 yearly 1997 - 2031
Ecuador (USD bn) 50.025 2025 yearly 1995 - 2025
Egypt (EGP bn) 7,887.892 2031 yearly 1999 - 2031
El Salvador (SVC bn) 15.230 2031 yearly 1990 - 2031
Equatorial Guinea (XAF bn) 1,562.405 2031 yearly 1980 - 2031
Eritrea (ERN bn) 9.338 2019 yearly 1992 - 2019
Estonia (EUR bn) 25.250 2031 yearly 1995 - 2031
Swaziland (SZL bn) 44.139 2032 yearly 1981 - 2032
Ethiopia (ETB bn) 6,433.148 2031 yearly 1980 - 2031
Fiji (FJD bn) 5.548 2031 yearly 1992 - 2031
Finland (EUR bn) 197.218 2031 yearly 1980 - 2031
France (EUR bn) 1,969.486 2031 yearly 1980 - 2031
Gabon (XAF bn) 5,007.718 2031 yearly 1990 - 2031
Gambia (GMD bn) 75.964 2031 yearly 2000 - 2031
Georgia (GEL bn) 49.134 2031 yearly 1995 - 2031
Germany (EUR bn) 2,798.121 2031 yearly 1991 - 2031
Ghana (GHS bn) 570.915 2031 yearly 1980 - 2031
Greece (EUR bn) 157.178 2031 yearly 1980 - 2031
Grenada (XCD bn) 1.536 2031 yearly 1990 - 2031
Guatemala (GTQ bn) 219.469 2031 yearly 1995 - 2031
Guinea (GNF bn) 99,886.937 2031 yearly 1990 - 2031
Guinea-Bissau (GWP bn) 433.156 2031 yearly 1991 - 2031
Guyana (GYD bn) 2,121.318 2031 yearly 1997 - 2031
Haiti (HTG bn) 747.981 2031 yearly 1997 - 2031
Honduras (HNL bn) 411.077 2031 yearly 1990 - 2031
Hong Kong SAR, China (HKD bn) 948.778 2032 yearly 1982 - 2032
Hungary (HUF bn) 56,951.384 2031 yearly 1995 - 2031
Iceland (ISK bn) 2,985.077 2031 yearly 1980 - 2031
India (INR bn) 182,390.979 2032 yearly 1989 - 2032
Indonesia (IDR bn) 6,406,306.537 2031 yearly 1993 - 2031
Iran (IRR bn) 270,213,445.365 2032 yearly 1991 - 2032
Iraq (IQD bn) 203,217.683 2031 yearly 2004 - 2031
Ireland (EUR bn) 203.016 2031 yearly 1980 - 2031
Israel (ILS bn) 1,244.310 2031 yearly 2000 - 2031
Italy (EUR bn) 1,341.259 2031 yearly 1988 - 2031
Ivory Coast (XOF bn) 21,351.213 2031 yearly 1997 - 2031
Jamaica (JMD bn) 1,607.301 2032 yearly 1991 - 2032
Japan (JPY bn) 308,115.128 2031 yearly 1980 - 2031
Jordan (JOD bn) 19.968 2031 yearly 1985 - 2031
Kazakhstan (KZT bn) 69,450.172 2031 yearly 2002 - 2031
Kenya (KES bn) 7,377.502 2031 yearly 1982 - 2031
Kiribati (AUD bn) 0.633 2031 yearly 1990 - 2031
South Korea (KRW bn) 827,278.828 2031 yearly 1995 - 2031
Kosovo (EUR bn) 5.380 2031 yearly 2000 - 2031
Kuwait (KWD bn) 29.604 2031 yearly 1985 - 2031
Kyrgyzstan (KGS bn) 1,530.511 2031 yearly 1995 - 2031
Laos (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Latvia (EUR bn) 26.738 2031 yearly 1998 - 2031
Lebanon (LBP bn) 478,406.676 2025 yearly 1990 - 2025
Lesotho (LSL bn) 35.285 2032 yearly 1983 - 2032
Liberia (LRD bn) 1.672 2031 yearly 2000 - 2031
Libya (LYD bn) 593.409 2031 yearly 1990 - 2031

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Luxembourg Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.0 2025 yearly 1995 - 2025
Tax Revenue (USD mn) 29,787.334 2025 yearly 1995 - 2025
Tax Revenue: % of GDP (%) 29.5 2025 yearly 1995 - 2025
National Government Debt (USD mn) 27,808.6 Dec 2025 quarterly Dec 1995 - Dec 2025
Government Debt: % of GDP (%) 26.5 Dec 2025 quarterly Dec 1997 - Dec 2025
Forecast: Government Expenditure (EUR bn) 58.189 2031 yearly 1995 - 2031
Forecast: Government Net Debt (EUR bn) 40.420 2031 yearly 1995 - 2031
Forecast: Government Revenue (EUR bn) 54.660 2031 yearly 1995 - 2031
General Government Debt: Consolidated (EUR mn) 23,695.099 Dec 2025 quarterly Dec 1995 - Dec 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.040 2031 yearly 1987 - 2031
Trade Balance (USD mn) -721.9 Mar 2026 monthly Jan 1988 - Mar 2026
Total Exports (USD mn) 1,473.0 Mar 2026 monthly Jan 1988 - Mar 2026
Total Exports Growth (%) 8.6 Mar 2026 monthly Jan 1989 - Mar 2026
Aluminum: Exports (USD th) 388,438.265 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 148,279.883 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 18,994.624 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,195.0 Mar 2026 monthly Jan 1988 - Mar 2026
Total Imports Growth (%) -1.3 Sep 2025 monthly Jan 1989 - Sep 2025
Imports: Medicament (USD th) 664,574.381 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 180,463.850 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 37.781 Mar 2026 monthly Jan 1988 - Mar 2026
Total Imports from USA (USD mn) 51.392 Mar 2026 monthly Jan 1988 - Mar 2026
Total Exports to China (USD mn) 15.932 Feb 2026 monthly Jan 1997 - Feb 2026
Total Imports from China (USD mn) 143.129 2025 yearly 1993 - 2025
Exports: Chemicals and Related Products (EUR mn) 183.429 Mar 2026 monthly Jan 1988 - Mar 2026
Exports: Base Metal Products (EUR mn) 253.897 Mar 2026 monthly Jan 1988 - Mar 2026
Exports: Transport Equipment (EUR mn) 141.714 Mar 2026 monthly Jan 1988 - Mar 2026
Exports: Machinery and Equipment (EUR mn) 240.539 Mar 2026 monthly Jan 1988 - Mar 2026
Exports: Other Manufactured Goods (EUR mn) 235.436 Mar 2026 monthly Jan 1988 - Mar 2026
Exports: America: ow United States of America (EUR mn) 32.691 Mar 2026 monthly Jan 1988 - Mar 2026
Exports: Asia: ow Japan (EUR mn) 5.977 Mar 2026 monthly Jan 1988 - Mar 2026
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 202.182 Mar 2026 monthly Jan 1988 - Mar 2026
Exports: European Union (EUR mn) 1,174.515 Mar 2026 monthly Jan 1988 - Mar 2026
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 370.143 Mar 2026 monthly Jan 1988 - Mar 2026
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 245.754 Mar 2026 monthly Jan 1988 - Mar 2026
Imports: Machinery and Equipment (EUR mn) 361.206 Mar 2026 monthly Jan 1988 - Mar 2026
Imports: Food Products and Live Animals (EUR mn) 223.003 Mar 2026 monthly Jan 1988 - Mar 2026
Imports: Chemicals and Related Products (EUR mn) 301.424 Mar 2026 monthly Jan 1988 - Mar 2026
Imports: Mineral Fuels and Lubricants (EUR mn) 222.084 Mar 2026 monthly Jan 1988 - Mar 2026
Imports: Transport Equipment (EUR mn) 366.810 Mar 2026 monthly Jan 1988 - Mar 2026
Imports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 704.629 Mar 2026 monthly Jan 1988 - Mar 2026
Imports: America: ow United States of America (EUR mn) 44.468 Mar 2026 monthly Jan 1988 - Mar 2026
Imports: European Union: ow European Monetary Union: ow France (EUR mn) 227.667 Mar 2026 monthly Jan 1988 - Mar 2026
Imports: Asia: ow Japan (EUR mn) 76.671 Mar 2026 monthly Jan 1988 - Mar 2026
Imports: European Union: ow European Monetary Union: ow Germany (EUR mn) 616.611 Mar 2026 monthly Jan 1988 - Mar 2026
Imports: European Union (EUR mn) 1,923.134 Mar 2026 monthly Jan 1988 - Mar 2026
Trade Balance: sa (EUR mn) -624.674 Mar 2026 monthly Jan 1988 - Mar 2026
Imports (EUR mn) 2,149.094 Mar 2026 monthly Jan 1988 - Mar 2026
Exports: sa (EUR mn) 1,274.586 Mar 2026 monthly Jan 1988 - Mar 2026
Imports: sa (EUR mn) 1,899.260 Mar 2026 monthly Jan 1988 - Mar 2026
Exports (EUR mn) 1,396.031 Mar 2026 monthly Jan 1988 - Mar 2026
Total Exports: MoM: sa (%) 5.988 Mar 2026 monthly Jan 1988 - Mar 2026
Total Exports: YoY (%) 7.342 Mar 2026 monthly Jan 1988 - Mar 2026
Total Imports: MoM: sa (%) -6.029 Mar 2026 monthly Jan 1988 - Mar 2026
Total Imports: YoY (%) -6.942 Mar 2026 monthly Jan 1988 - Mar 2026
Export Value Index (2015=100) 100.100 2023 yearly 1995 - 2023
Import Value Index (2015=100) 109.800 2023 yearly 1995 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 31,696.8 Dec 2025 quarterly Mar 2002 - Dec 2025
Current Account Balance (USD mn) -54.9 Dec 2025 quarterly Mar 1995 - Dec 2025
Current Account Balance: % of GDP (%) -0.2 Dec 2025 quarterly Mar 1995 - Dec 2025
Foreign Direct Investment (USD mn) -70,519.5 Dec 2025 quarterly Mar 2002 - Dec 2025
Foreign Direct Investment: % of GDP (%) -249.6 Dec 2025 quarterly Mar 2002 - Dec 2025
Foreign Portfolio Investment (USD mn) 170,169.542 Dec 2025 quarterly Mar 2002 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 602.3 Dec 2025 quarterly Mar 2002 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 156,491.5 Dec 2025 quarterly Mar 2002 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 13,651.277 Dec 2025 quarterly Mar 2002 - Dec 2025
External Debt (USD mn) 4,136,448.2 Dec 2025 quarterly Dec 2002 - Dec 2025
External Debt: % of GDP (%) 3,937.1 2025 yearly 2002 - 2025
External Debt: Short Term (USD mn) 1,203,877.3 Dec 2025 quarterly Dec 2002 - Dec 2025
External Debt: Short Term: % of GDP (%) 1,145.9 2025 yearly 2002 - 2025
Total Debt: % of GDP (%) 7,000.7 Dec 2025 quarterly Dec 1995 - Dec 2025
Forecast: Current Account Balance (USD bn) 6.729 2031 yearly 1995 - 2031
Net International Investment Position (USD mn) 29,395.504 Dec 2025 quarterly Dec 2002 - Dec 2025
BoP: FA: PI: DS: Liabilities (EUR mn) 11,733.776 Dec 2025 quarterly Mar 2002 - Dec 2025
BoP: FA: Portfolio Investment (PI) (EUR mn) -92,104.279 Dec 2025 quarterly Mar 2002 - Dec 2025
Gross External Debt (EUR mn) 3,524,580.924 Dec 2025 quarterly Dec 2002 - Dec 2025
Gross External Debt: General Government: Short Term (EUR mn) 0.000 Dec 2025 quarterly Dec 2002 - Dec 2025
Gross External Debt: General Government: Long Term (EUR mn) 13,167.701 Dec 2025 quarterly Dec 2002 - Dec 2025
Gross External Debt: General Government (EUR mn) 13,167.701 Dec 2025 quarterly Dec 2002 - Dec 2025
IIP: Assets (EUR mn) 13,499,456.432 Dec 2025 quarterly Dec 2002 - Dec 2025
International Investment Position (IIP): Net (EUR mn) 25,047.294 Dec 2025 quarterly Dec 2002 - Dec 2025
IIP: Liabilities (EUR mn) 13,474,409.139 Dec 2025 quarterly Dec 2002 - Dec 2025
Number of Bankruptcies: NACE 2 (Unit) 1,189.000 2024 yearly 2000 - 2024
Number of Enterprises: NACE 2: Active (Unit) 45,021.000 2022 yearly 2003 - 2022
Number of Enterprises: NACE 2: New (Unit) 4,747.000 2022 yearly 2003 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Household Debt: % of GDP (%) 61.3 Dec 2025 quarterly Dec 1995 - Dec 2025
Money Supply M1 (USD mn) 396,014.178 Mar 2026 monthly Jan 1999 - Mar 2026
Money Supply M2 (USD mn) 502,727.295 Mar 2026 monthly Jan 1999 - Mar 2026
M2 Growth (%) 4.7 Mar 2026 monthly Jan 2000 - Mar 2026
Reserve Requirement Ratio (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
Foreign Exchange Reserves (USD mn) 49.4 May 2026 monthly Jan 1999 - May 2026
Foreign Exchange Reserves: % of GDP (%) 0.048 Mar 2026 quarterly Mar 1999 - Mar 2026
Foreign Exchange Reserves: Months of Import (NA) 0.0 Mar 2026 monthly Jan 1999 - Mar 2026
Gold Reserves (USD mn) 329.167 May 2026 monthly Jan 1999 - May 2026
Total Deposits (USD mn) 973,603.866 Mar 2026 quarterly Mar 2003 - Mar 2026
Total Deposits Growth (%) 4.6 Mar 2026 quarterly Mar 2004 - Mar 2026
Domestic Credit (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Domestic Credit Growth (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Credit to Households (USD bn) 63.523 Sep 2025 quarterly Mar 1995 - Sep 2025
Credit to Private Non-Financial Sector (USD bn) 442.383 Dec 2025 quarterly Mar 1995 - Dec 2025
Household Debt (USD mn) 64,052.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Total Loans (USD mn) 888,426.010 Apr 2026 monthly Jan 2001 - Apr 2026
Total Loans Growth (%) 5.88 Mar 2026 monthly Jan 2002 - Mar 2026
Private Debt: % of Nominal GDP (%) 78.70 Mar 2026 quarterly Mar 1999 - Mar 2026
Money Supply: M3 (EUR bn) 529.157 Mar 2026 monthly Jan 1999 - Mar 2026
Money Supply: M3: M2 (EUR bn) 436.471 Mar 2026 monthly Jan 1999 - Mar 2026
Money Supply: M3: M2: M1 (EUR bn) 343.822 Mar 2026 monthly Jan 1999 - Mar 2026
Official Reserve Assets: Foreign Exchange (EUR mn) 42.275 May 2026 monthly Jan 1999 - May 2026
Official Reserve Assets (EUR mn) 2,635.088 May 2026 monthly Jan 1999 - May 2026
Money Supply: M3: M2: M1: Currency in Circulation (EUR bn) 3.600 Mar 2019 monthly Jan 1999 - Mar 2019
Bank Deposits: Domestic (EUR mn) 355,746.000 Mar 2026 monthly Jan 2003 - Mar 2026
Bank Loans: Domestic: Credit Institutions (EUR mn) 136,818.000 Mar 2026 monthly Jan 1999 - Mar 2026
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -10.7 May 2026 monthly Jan 1986 - May 2026

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