Luxembourg Forecast: Government Expenditure
1995 - 2026 | Yearly | EUR bn | International Monetary Fund
Luxembourg Government Expenditure is forecasted to be 30.904 EUR bn in Dec 2021 as reported by International Monetary Fund. It records an increase from the last reported number of 30.492 EUR bn in Dec 2020. Looking ahead, Luxembourg Government Expenditure is projected to stand at 37.514 EUR bn in Dec 2026. 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 2026 in the chart:
What is Luxembourg's Forecast: Government Expenditure in 2026?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 37.514 2026 | 35.867 2025 | 6.363 1995 | 37.514 2026 | EUR bn | yearly | 1995 - 2026 |
Forecast: Government Expenditure by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) | 643.853 2026 | yearly | 2002 - 2026 |
| Albania (ALL bn) | 701.842 2026 | yearly | 1997 - 2026 |
| Algeria (DZD bn) | 12,004.030 2026 | yearly | 1990 - 2026 |
| Angola (AOA bn) | 12,988.310 2026 | yearly | 1996 - 2026 |
| Antigua and Barbuda (XCD bn) | 1.288 2026 | yearly | 1990 - 2026 |
| Argentina (ARS bn) | 11,418.800 2020 | yearly | 1993 - 2020 |
| Armenia (AMD bn) | 2,575.740 2026 | yearly | 2005 - 2026 |
| Aruba (%) | 23.906 2026 | yearly | 1995 - 2026 |
| Australia (AUD bn) | 947.776 2026 | yearly | 1988 - 2026 |
| Austria (EUR bn) | 240.936 2026 | yearly | 1988 - 2026 |
| Azerbaijan (AZN bn) | 35.378 2026 | yearly | 1994 - 2026 |
| Bahamas (BSD bn) | 3.157 2026 | yearly | 1990 - 2026 |
| Bahrain (BHD bn) | 4.887 2026 | yearly | 1990 - 2026 |
| Bangladesh (BDT bn) | 7,011.275 2024 | yearly | 1980 - 2024 |
| Barbados (BBD bn) | 3.472 2026 | yearly | 1994 - 2026 |
| Belarus (BYN bn) | 77.705 2026 | yearly | 2001 - 2026 |
| Belgium (EUR bn) | 315.593 2026 | yearly | 1980 - 2026 |
| Belize (BZD bn) | 1.601 2026 | yearly | 1996 - 2026 |
| Benin (XOF bn) | 2,393.250 2026 | yearly | 1989 - 2026 |
| Bhutan (BTN bn) | 91.023 2026 | yearly | 1981 - 2026 |
| Bolivia (BOB bn) | 137.611 2026 | yearly | 1984 - 2026 |
| Bosnia and Herzegovina (BAM bn) | 18.397 2026 | yearly | 1998 - 2026 |
| Botswana (BWP bn) | 93.963 2026 | yearly | 1980 - 2026 |
| Brazil (BRL bn) | 3,881.800 2026 | yearly | 1996 - 2026 |
| Brunei (BND bn) | 6.119 2026 | yearly | 1980 - 2026 |
| Bulgaria (BGN bn) | 61.591 2026 | yearly | 1998 - 2026 |
| Burkina Faso (XOF bn) | 3,762.830 2026 | yearly | 1985 - 2026 |
| Burundi (BIF bn) | 2,058.827 2025 | yearly | 1990 - 2025 |
| Cambodia (KHR bn) | 47,292.490 2026 | yearly | 1996 - 2026 |
| Cameroon (XAF bn) | 5,260.960 2026 | yearly | 2000 - 2026 |
| Canada (CAD bn) | 1,235.290 2026 | yearly | 1980 - 2026 |
| Cape Verde (CVE bn) | 82.666 2026 | yearly | 1994 - 2026 |
| Central African Republic (XAF bn) | 387.993 2026 | yearly | 1988 - 2026 |
| Chad (XAF bn) | 1,416.900 2026 | yearly | 1995 - 2026 |
| Chile (CLP bn) | 73,287.600 2026 | yearly | 1990 - 2026 |
| China (RMB bn) | 55,314.710 2026 | yearly | 1982 - 2026 |
| Colombia (COP bn) | 472,919.970 2026 | yearly | 1982 - 2026 |
| Comoros (KMF bn) | 133.176 2026 | yearly | 1984 - 2026 |
| Congo (XAF bn) | 1,729.330 2026 | yearly | 1989 - 2026 |
| Costa Rica (CRC bn) | 8,688.300 2026 | yearly | 1990 - 2026 |
| Croatia (HRK bn) | 267.364 2026 | yearly | 1992 - 2026 |
| Cyprus (EUR bn) | 12.244 2026 | yearly | 1995 - 2026 |
| Czech Republic (CZK bn) | 3,314.610 2026 | yearly | 1995 - 2026 |
| Democratic Republic of Congo (CDF bn) | 23,613.530 2026 | yearly | 1996 - 2026 |
| Denmark (DKK bn) | 1,457.650 2026 | yearly | 1980 - 2026 |
| Djibouti (DJF bn) | 175.593 2026 | yearly | 1990 - 2026 |
| Dominica (XCD bn) | 0.529 2026 | yearly | 1990 - 2026 |
| Dominican Republic (DOP bn) | 1,284.090 2026 | yearly | 1997 - 2026 |
| Ecuador (USD bn) | 39.187 2026 | yearly | 1995 - 2026 |
| Egypt (EGP bn) | 3,086.590 2026 | yearly | 1999 - 2026 |
| El Salvador (SVC bn) | 10.598 2026 | yearly | 1990 - 2026 |
| Equatorial Guinea (XAF bn) | 1,029.470 2026 | yearly | 1980 - 2026 |
| Eritrea (ERN bn) | 15.758 2026 | yearly | 1992 - 2026 |
| Estonia (EUR bn) | 16.555 2026 | yearly | 1995 - 2026 |
| Swaziland (SZL bn) | 27.960 2026 | yearly | 1980 - 2026 |
| Ethiopia (ETB bn) | 1,652.490 2026 | yearly | 1980 - 2026 |
| Fiji (FJD bn) | 4.015 2026 | yearly | 1992 - 2026 |
| Finland (EUR bn) | 155.582 2026 | yearly | 1980 - 2026 |
| France (EUR bn) | 1,563.400 2026 | yearly | 1980 - 2026 |
| Gabon (XAF bn) | 1,973.250 2026 | yearly | 1990 - 2026 |
| Gambia (GMD bn) | 38.617 2026 | yearly | 2000 - 2026 |
| Georgia (GEL bn) | 22.893 2026 | yearly | 1995 - 2026 |
| Germany (EUR bn) | 1,959.560 2026 | yearly | 1991 - 2026 |
| Ghana (GHS bn) | 176.019 2026 | yearly | 1980 - 2026 |
| Greece (EUR bn) | 100.633 2026 | yearly | 1980 - 2026 |
| Grenada (XCD bn) | 0.868 2026 | yearly | 1990 - 2026 |
| Guatemala (GTQ bn) | 119.794 2026 | yearly | 1995 - 2026 |
| Guinea (GNF bn) | 57,433.560 2026 | yearly | 1990 - 2026 |
| Guinea-Bissau (GWP bn) | 265.962 2026 | yearly | 1991 - 2026 |
| Guyana (GYD bn) | 473.907 2026 | yearly | 1997 - 2026 |
| Haiti (HTG bn) | 459.995 2026 | yearly | 1997 - 2026 |
| Honduras (HNL bn) | 270.513 2026 | yearly | 1990 - 2026 |
| Hong Kong SAR, China (HKD bn) | 832.750 2026 | yearly | 1981 - 2026 |
| Hungary (HUF bn) | 31,679.850 2026 | yearly | 1995 - 2026 |
| Iceland (ISK bn) | 1,699.610 2026 | yearly | 1980 - 2026 |
| India (INR bn) | 107,742.550 2026 | yearly | 1988 - 2026 |
| Indonesia (IDR bn) | 3,712,108.940 2026 | yearly | 1993 - 2026 |
| Iran (IRR bn) | 34,492,454.660 2026 | yearly | 1990 - 2026 |
| Iraq (IQD bn) | 150,406.230 2026 | yearly | 2004 - 2026 |
| Ireland (EUR bn) | 115.570 2026 | yearly | 1980 - 2026 |
| Israel (ILS bn) | 717.281 2026 | yearly | 2000 - 2026 |
| Italy (EUR bn) | 958.816 2026 | yearly | 1988 - 2026 |
| Ivory Coast (XOF bn) | 9,996.130 2026 | yearly | 1997 - 2026 |
| Jamaica (JMD bn) | 947.605 2026 | yearly | 1990 - 2026 |
| Japan (JPY bn) | 222,603.350 2026 | yearly | 1980 - 2026 |
| Jordan (JOD bn) | 11.211 2026 | yearly | 1985 - 2026 |
| Kazakhstan (KZT bn) | 23,201.890 2026 | yearly | 2002 - 2026 |
| Kenya (KES bn) | 4,370.210 2026 | yearly | 1982 - 2026 |
| Kiribati (AUD bn) | 0.399 2026 | yearly | 1990 - 2026 |
| South Korea (KRW bn) | 607,457.000 2026 | yearly | 1995 - 2026 |
| Kosovo (EUR bn) | 2.682 2026 | yearly | 2000 - 2026 |
| Kuwait (KWD bn) | 24.119 2026 | yearly | 1990 - 2026 |
| Kyrgyzstan (KGS bn) | 352.745 2026 | yearly | 1995 - 2026 |
| Laos (LAK bn) | 50,372.610 2022 | yearly | 2000 - 2022 |
| Latvia (LVL bn) | 15.816 2026 | yearly | 1998 - 2026 |
| Lebanon (LBP bn) | 20,816.210 2020 | yearly | 1990 - 2020 |
| Lesotho (LSL bn) | 24.402 2026 | yearly | 1982 - 2026 |
| Liberia (LRD bn) | 1.295 2026 | yearly | 2000 - 2026 |
| Libya (LYD bn) | 76.880 2026 | yearly | 1990 - 2026 |
| Lithuania (LTL bn) | 21.986 2026 | yearly | 1990 - 2026 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.1 Dec 2020 | quarterly | Dec 2009 - Dec 2020 |
| Tax Revenue (USD mn) | 19,503.011 2020 | yearly | 1995 - 2020 |
| Tax Revenue: % of GDP (%) | 26.7 2020 | yearly | 1995 - 2020 |
| National Government Debt (USD mn) | 19,496.5 Dec 2020 | quarterly | Dec 1995 - Dec 2020 |
| Government Debt: % of GDP (%) | 26.1 Sep 2020 | quarterly | Dec 1997 - Sep 2020 |
| Forecast: Government Expenditure (EUR bn) | 37.514 2026 | yearly | 1995 - 2026 |
| Forecast: Government Net Debt (EUR bn) | 23.757 2026 | yearly | 1995 - 2026 |
| Forecast: Government Revenue (EUR bn) | 37.516 2026 | yearly | 1995 - 2026 |
| General Government Debt: Consolidated (EUR mn) | 18,424.100 Mar 2021 | quarterly | Dec 1995 - Mar 2021 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.411 2026 | yearly | 1987 - 2026 |
| Trade Balance (USD mn) | -633.6 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Total Exports (USD mn) | 1,373.6 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Total Exports Growth (%) | 45.0 Apr 2021 | monthly | Jan 1989 - Apr 2021 |
| Aluminum: Exports (USD th) | 317,886.187 2020 | yearly | 1997 - 2020 |
| Exports: Medicament (USD th) | 111,619.129 2020 | yearly | 1995 - 2020 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 59,174.166 2020 | yearly | 1995 - 2020 |
| Total Imports (USD mn) | 2,007.1 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Total Imports Growth (%) | 45.0 Apr 2021 | monthly | Jan 1989 - Apr 2021 |
| Imports: Medicament (USD th) | 451,831.941 2020 | yearly | 1995 - 2020 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 141,543.715 2020 | yearly | 1995 - 2020 |
| Total Exports to USA (USD mn) | 39.330 Nov 2020 | monthly | Jan 1988 - Nov 2020 |
| Total Imports from USA (USD mn) | 54.461 Feb 2021 | monthly | Jan 1988 - Feb 2021 |
| Total Exports to China (USD mn) | 18.901 Feb 2021 | monthly | Jan 1997 - Feb 2021 |
| Total Imports from China (USD mn) | 273.183 2020 | yearly | 1993 - 2020 |
| Trade Balance: sa (EUR mn) | -529.521 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Exports (EUR mn) | 1,135.539 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Imports: sa (EUR mn) | 1,677.517 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Exports: sa (EUR mn) | 1,147.996 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Exports: Transport Equipment (EUR mn) | 107.838 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Exports: Other Manufactured Goods (EUR mn) | 180.060 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Exports: Machinery and Equipment (EUR mn) | 202.020 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Exports: Base Metal Products (EUR mn) | 261.920 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Exports: Chemicals and Related Products (EUR mn) | 151.682 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Exports: America: ow United States of America (EUR mn) | 22.823 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) | 141.440 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Exports: Asia: ow Japan (EUR mn) | 9.610 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Exports: European Union (EUR mn) | 925.703 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Exports: European Union: ow European Monetary Union: ow France (EUR mn) | 179.886 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) | 309.454 Apr 2021 | monthly | Jan 1988 - Apr 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -1,506.8 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| Current Account Balance (USD mn) | 424.6 Mar 2021 | quarterly | Mar 1995 - Mar 2021 |
| Current Account Balance: % of GDP (%) | 2.1 Mar 2021 | quarterly | Mar 1995 - Mar 2021 |
| Foreign Direct Investment (USD mn) | -7,111.0 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| Foreign Direct Investment: % of GDP (%) | -34.9 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| Foreign Portfolio Investment (USD mn) | 131,004.887 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| Foreign Portfolio Investment: % of GDP (%) | 160.1 Dec 2020 | quarterly | Mar 2002 - Dec 2020 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 84,105.2 Dec 2020 | quarterly | Mar 2002 - Dec 2020 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -50,259.728 Dec 2020 | quarterly | Mar 2002 - Dec 2020 |
| External Debt (USD mn) | 3,971,387.2 Mar 2021 | quarterly | Dec 2002 - Mar 2021 |
| External Debt: % of GDP (%) | 5,104.4 2020 | yearly | 2002 - 2020 |
| External Debt: Short Term (USD mn) | 1,054,175.1 Mar 2021 | quarterly | Dec 2002 - Mar 2021 |
| External Debt: Short Term: % of GDP (%) | 1,316.4 2020 | yearly | 2002 - 2020 |
| Total Debt: % of GDP (%) | 8,073.4 Dec 2020 | quarterly | Dec 1995 - Dec 2020 |
| Forecast: Current Account Balance (USD bn) | 5.026 2026 | yearly | 1995 - 2026 |
| Net International Investment Position (USD mn) | 37,765.014 Dec 2020 | quarterly | Dec 2002 - Dec 2020 |
| BoP: FA: OI: Liabilities (EUR mn) | 21,040.474 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| BoP: CA: Services (EUR mn) | 5,203.295 Mar 2021 | quarterly | Mar 1995 - Mar 2021 |
| BoP: Capital Account (EUR mn) | -49.766 Mar 2021 | quarterly | Mar 1995 - Mar 2021 |
| BoP: FA: Reserve Assets (EUR mn) | 80.466 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| BoP: Errors & Omissions (EUR mn) | -33.617 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| BoP: FA: PI: Liabilities (EUR mn) | 108,655.633 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| BoP: FA: DI: Liabilities (EUR mn) | -5,897.844 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| BoP: FA: Other Investment (OI): Assets (EUR mn) | 20,022.667 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| BoP: Current Account (CA) (EUR mn) | 352.161 Mar 2021 | quarterly | Mar 1995 - Mar 2021 |
| BoP: CA: Secondary Income (EUR mn) | -96.757 Mar 2021 | quarterly | Mar 1995 - Mar 2021 |
| BoP: CA: Goods (EUR mn) | 762.636 Mar 2021 | quarterly | Mar 1995 - Mar 2021 |
| BoP: FA: Financial Derivatives (EUR mn) | -4,120.633 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| BoP: Financial Account (FA) (EUR mn) | 268.779 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| BoP: FA: Portfolio Investment (PI): Assets (EUR mn) | 109,334.267 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| BoP: FA: Direct Investment (DI): Assets (EUR mn) | -1,249.724 Mar 2021 | quarterly | Mar 2002 - Mar 2021 |
| IIP: Assets (EUR mn) | 11,370,231.649 Mar 2021 | quarterly | Dec 2002 - Mar 2021 |
| International Investment Position (IIP): Net (EUR mn) | 34,394.719 Mar 2021 | quarterly | Dec 2002 - Mar 2021 |
| IIP: Liabilities (EUR mn) | 11,335,836.930 Mar 2021 | quarterly | Dec 2002 - Mar 2021 |
| Gross External Debt (EUR mn) | 3,381,918.742 Mar 2021 | quarterly | Dec 2002 - Mar 2021 |
| Gross External Debt: General Government (EUR mn) | 10,120.810 Mar 2021 | quarterly | Dec 2002 - Mar 2021 |
| Gross External Debt: General Government: Short Term (EUR mn) | 0.000 Mar 2021 | quarterly | Dec 2002 - Mar 2021 |
| Gross External Debt: General Government: Long Term (EUR mn) | 10,120.810 Mar 2021 | quarterly | Dec 2002 - Mar 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.2 Dec 2013 | semiannually | Dec 2005 - Dec 2013 |
| Household Debt: % of GDP (%) | 70.8 Dec 2020 | quarterly | Dec 1995 - Dec 2020 |
| Money Supply M1 (USD mn) | 405,694.378 May 2021 | monthly | Jan 1999 - May 2021 |
| Money Supply M2 (USD mn) | 441,544.738 May 2021 | monthly | Jan 1999 - May 2021 |
| M2 Growth (%) | 13.3 May 2021 | monthly | Jan 2000 - May 2021 |
| Reserve Requirement Ratio (%) | 1.0 May 2021 | monthly | Jan 1999 - May 2021 |
| Foreign Exchange Reserves (USD mn) | 193.0 Jun 2021 | monthly | Jan 1999 - Jun 2021 |
| Foreign Exchange Reserves: % of GDP (%) | 0.335 Mar 2021 | quarterly | Mar 1999 - Mar 2021 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.1 Apr 2021 | monthly | Jan 1999 - Apr 2021 |
| Gold Reserves (USD mn) | 126.845 Jun 2021 | monthly | Jan 1999 - Jun 2021 |
| Total Deposits (USD mn) | 852,362.131 Mar 2021 | quarterly | Mar 2003 - Mar 2021 |
| Total Deposits Growth (%) | -1.9 Mar 2021 | quarterly | Mar 2004 - Mar 2021 |
| Domestic Credit (USD mn) | 150,194.9 May 2021 | monthly | Jan 1999 - May 2021 |
| Domestic Credit Growth (%) | -2.7 May 2021 | monthly | Jan 2000 - May 2021 |
| Credit to Households (USD bn) | 55.719 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Credit to Private Non-Financial Sector (USD bn) | 324.744 Dec 2020 | quarterly | Mar 1995 - Dec 2020 |
| Household Debt (USD mn) | 53,860.4 Mar 2021 | quarterly | Mar 1995 - Mar 2021 |
| Total Loans (USD mn) | 663,106.051 Mar 2021 | monthly | Jan 2001 - Mar 2021 |
| Total Loans Growth (%) | 6.09 Apr 2021 | monthly | Jan 2002 - Apr 2021 |
| Private Debt: % of Nominal GDP (%) | 107.96 Dec 2020 | quarterly | Mar 1999 - Dec 2020 |
| Money Supply: M3: M2: M1: Currency in Circulation (EUR bn) | 3.600 Mar 2019 | monthly | Jan 1999 - Mar 2019 |
| Money Supply: M3: M2: M1 (EUR bn) | 332.700 May 2021 | monthly | Jan 1999 - May 2021 |
| Money Supply: M3 (EUR bn) | 456.900 May 2021 | monthly | Jan 1999 - May 2021 |
| Money Supply: M3: M2 (EUR bn) | 362.100 May 2021 | monthly | Jan 1999 - May 2021 |
| Official Reserve Assets: Foreign Exchange (EUR mn) | 162.881 Jun 2021 | monthly | Jan 1999 - Jun 2021 |
| Official Reserve Assets (EUR mn) | 949.664 Jun 2021 | monthly | Jan 1999 - Jun 2021 |
| Bank Deposits: Domestic (EUR mn) | 320,026.000 May 2021 | monthly | Jan 2003 - May 2021 |
| Bank Loans: Domestic: Credit Institutions (EUR mn) | 182,421.000 May 2021 | monthly | Jan 1999 - May 2021 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 47.2 Jun 2021 | monthly | Jan 1986 - Jun 2021 |
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