Luxembourg Government Debt: % of GDP

1997 - 2023 | Quarterly | % | CEIC Data

Key information about Luxembourg Government Debt: % of GDP

  • Luxembourg Government debt accounted for 28.4 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 24.8 % in the previous quarter.
  • Luxembourg government debt to GDP ratio data is updated quarterly, available from Dec 1997 to Mar 2023.
  • The data reached an all-time high of 28.4 % in Mar 2023 and a record low of 6.8 % in Mar 2004.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Statistics Portal of Luxembourg provides Government Debt in EUR and Nominal GDP in EUR.


Related information about Luxembourg Government Debt: % of GDP

  • In the latest reports, Luxembourg National Government Debt reached 24.2 USD bn in Mar 2023.
  • The country's Nominal GDP reached 22.0 USD bn in Mar 2023.

View Luxembourg's Government Debt: % of GDP from Dec 1997 to Mar 2023 in the chart:

Luxembourg Government Debt: % of GDP

What was Luxembourg's Government Debt: % of GDP in Mar 2023?

Luxembourg Government debt accounted for 28.4 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 24.8 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
28.4 Mar 2023 24.8 Dec 2022 6.8 Mar 2004 28.4 Mar 2023 % quarterly Dec 1997 - Mar 2023

Government Debt: % of GDP by Country Comparison

Buy Selected Data

Includes Government Debt: % of GDP on 108 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 60.8 Mar 2023 quarterly Sep 2010 - Mar 2023
Algeria (%) 62.1 2021 yearly 1997 - 2021
Argentina (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
Armenia (%) 47.5 Jun 2023 quarterly Dec 2013 - Jun 2023
Australia (%) 42.3 2022 yearly 1999 - 2022
Austria (%) 80.6 Mar 2023 quarterly Mar 2000 - Mar 2023
Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
Bahrain (%) 85.2 Mar 2023 quarterly Dec 2007 - Mar 2023
Bangladesh (%) 20.6 2022 yearly 2010 - 2022
Belarus (%) 36.1 Mar 2022 quarterly Dec 2003 - Mar 2022
Belgium (%) 107.4 Mar 2023 quarterly Dec 1980 - Mar 2023
Bolivia (%) 27.2 2014 yearly 1998 - 2014
Bosnia and Herzegovina (%) 24.4 2021 yearly 2007 - 2021
Botswana (%) 17.9 Dec 2021 quarterly Jun 2014 - Dec 2021
Brazil (%) 73.6 Jun 2023 quarterly Dec 2006 - Jun 2023
Bulgaria (%) 23.1 Sep 2022 quarterly Mar 2007 - Sep 2022
Cambodia (%) 33.7 2022 yearly 2013 - 2022
Canada (%) 66.4 2023 yearly 1962 - 2023
Chile (%) 37.3 Mar 2023 quarterly Mar 2002 - Mar 2023
China (%) 21.4 Mar 2023 quarterly Mar 2014 - Mar 2023
Colombia (%) 62.9 Dec 2022 quarterly Dec 2005 - Dec 2022
Croatia (%) 68.8 Dec 2022 quarterly Dec 1995 - Dec 2022
Cyprus (%) 86.1 Jun 2023 quarterly Dec 2010 - Jun 2023
Czech Republic (%) 44.5 Mar 2023 quarterly Mar 2000 - Mar 2023
Denmark (%) 29.4 Mar 2023 quarterly Mar 2000 - Mar 2023
Ecuador (%) 65.1 Mar 2023 quarterly Dec 2005 - Mar 2023
Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
Estonia (%) 17.2 Mar 2023 quarterly Mar 2000 - Mar 2023
European Union (%) 83.7 Mar 2023 quarterly Mar 2000 - Mar 2023
Finland (%) 72.5 Mar 2023 quarterly Mar 2000 - Mar 2023
France (%) 112.5 Mar 2023 quarterly Dec 1995 - Mar 2023
Georgia (%) 37.5 Mar 2023 quarterly Mar 2006 - Mar 2023
Germany (%) 65.7 Mar 2023 quarterly Mar 2000 - Mar 2023
Ghana (%) 70.7 2022 yearly 2006 - 2022
Greece (%) 168.4 Mar 2023 quarterly Dec 1999 - Mar 2023
Hong Kong SAR, China (%) 47.6 2022 yearly 2003 - 2022
Hungary (%) 71.5 Jun 2023 quarterly Dec 1990 - Jun 2023
Iceland (%) 68.7 2022 yearly 1998 - 2022
India (%) 55.7 Mar 2023 quarterly Mar 2012 - Mar 2023
Indonesia (%) 38.1 Jun 2023 quarterly Jun 2015 - Jun 2023
Iran (%) 8.8 Mar 2022 quarterly Mar 1998 - Mar 2022
Ireland (%) 43.6 Mar 2023 quarterly Mar 2000 - Mar 2023
Israel (%) 67.1 2021 yearly 1995 - 2021
Italy (%) 145.2 Jun 2023 quarterly Dec 1995 - Jun 2023
Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
Japan (%) 224.0 Jun 2023 quarterly Dec 1994 - Jun 2023
Jordan (%) 90.7 Mar 2023 quarterly Mar 2002 - Mar 2023
Kazakhstan (%) 22.2 Dec 2022 quarterly Mar 2005 - Dec 2022
Kenya (%) 0.1 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (%) 47.8 Dec 2022 quarterly Sep 2002 - Dec 2022
Kosovo (%) 19.9 2022 yearly 2009 - 2022
Kuwait (%) 3.2 Dec 2020 quarterly Dec 2010 - Dec 2020
Kyrgyzstan (%) 47.9 Jun 2023 quarterly Mar 2011 - Jun 2023
Latvia (%) 42.9 Mar 2023 quarterly Mar 2000 - Mar 2023
Lebanon (%) 150.6 2020 yearly 1998 - 2020
Lithuania (%) 38.4 Mar 2023 quarterly Mar 2000 - Mar 2023
Luxembourg (%) 28.4 Mar 2023 quarterly Dec 1997 - Mar 2023
North Macedonia (%) 53.2 Jun 2023 quarterly Dec 2009 - Jun 2023
Malawi (%) 66.0 2014 yearly 2010 - 2014
Malaysia (%) 63.3 Jun 2023 quarterly Dec 2010 - Jun 2023
Malta (%) 52.4 Mar 2023 quarterly Dec 2000 - Mar 2023
Mauritius (%) 69.2 Jun 2023 quarterly Jun 2003 - Jun 2023
Mexico (%) 53.3 Jun 2023 quarterly Dec 2005 - Jun 2023
Moldova (%) 32.8 Mar 2023 quarterly Mar 2007 - Mar 2023
Mongolia (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Montenegro (%) 68.2 Mar 2023 quarterly Dec 2010 - Mar 2023
Morocco (%) 71.6 2022 yearly 1994 - 2022
Nepal (%) 27.2 2019 yearly 1990 - 2019
Netherlands (%) 48.3 Mar 2023 quarterly Dec 1999 - Mar 2023
New Zealand (%) 37.0 Mar 2023 quarterly Dec 2006 - Mar 2023
Nigeria (%) 21.6 Mar 2023 quarterly Dec 2010 - Mar 2023
Norway (%) 42.5 2021 yearly 1995 - 2021
Oman (%) 61.3 2021 yearly 1990 - 2021
Pakistan (%) 71.6 2022 yearly 2000 - 2022
Palestinian Territory (%) 74.3 Mar 2023 quarterly Dec 2010 - Mar 2023
Panama (%) 62.3 Sep 2022 quarterly Dec 2007 - Sep 2022
Paraguay (%) 33.2 Mar 2023 quarterly Dec 2014 - Mar 2023
Peru (%) 32.2 Jun 2023 quarterly Mar 1999 - Jun 2023
Philippines (%) 61.0 Jun 2023 quarterly Mar 1993 - Jun 2023
Poland (%) 48.4 Jun 2023 quarterly Dec 2002 - Jun 2023
Portugal (%) 111.2 Jun 2023 quarterly Dec 1995 - Jun 2023
Qatar (%) 15.0 2012 yearly 2006 - 2012
Romania (%) 48.4 Jun 2023 quarterly Dec 2011 - Jun 2023
Russia (%) 16.1 Jun 2023 quarterly Dec 2011 - Jun 2023
Saudi Arabia (%) 24.3 Jun 2023 quarterly Dec 2016 - Jun 2023
Serbia (%) 56.5 Mar 2023 quarterly Sep 2004 - Mar 2023
Singapore (%) 171.1 Jun 2023 quarterly Mar 1990 - Jun 2023
Slovakia (%) 57.8 Dec 2022 quarterly Mar 2000 - Dec 2022
Slovenia (%) 69.9 Dec 2022 quarterly Dec 1999 - Dec 2022
South Africa (%) 72.7 Jun 2023 quarterly Dec 1960 - Jun 2023
Spain (%) 112.8 Mar 2023 quarterly Mar 1995 - Mar 2023
Sri Lanka (%) 103.8 Mar 2023 quarterly Mar 2014 - Mar 2023
Sweden (%) 31.4 Mar 2023 quarterly Mar 1996 - Mar 2023
Switzerland (%) 25.1 2026 yearly 1990 - 2026
Taiwan (%) 29.7 2022 yearly 1996 - 2022
Tajikistan (%) 36.3 2021 yearly 1999 - 2021
Thailand (%) 53.9 Jun 2023 quarterly Dec 1997 - Jun 2023
Tunisia (%) 79.7 Dec 2021 monthly Apr 2011 - Dec 2021
Turkey (%) 31.2 Mar 2023 quarterly Dec 2001 - Mar 2023
Ukraine (%) 71.6 Dec 2022 quarterly Dec 2010 - Dec 2022

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 199 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 (%) 0.2 2022 yearly 1995 - 2022
Tax Revenue (USD mn) 22,415.794 2022 yearly 1995 - 2022
Tax Revenue: % of GDP (%) 27.3 2022 yearly 1995 - 2022
National Government Debt (USD mn) 24,161.2 Mar 2023 quarterly Dec 1995 - Mar 2023
Government Debt: % of GDP (%) 28.4 Mar 2023 quarterly Dec 1997 - Mar 2023
Forecast: Government Expenditure (EUR bn) 47.372 2028 yearly 1995 - 2028
Forecast: Government Net Debt (EUR bn) 30.196 2028 yearly 1995 - 2028
Forecast: Government Revenue (EUR bn) 46.854 2028 yearly 1995 - 2028
General Government Debt: Consolidated (EUR mn) 22,223.300 Mar 2023 quarterly Dec 1995 - Mar 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.400 2028 yearly 1987 - 2028
Trade Balance (USD mn) -673.7 Jun 2023 monthly Jan 1988 - Jun 2023
Total Exports (USD mn) 1,455.4 May 2023 monthly Jan 1988 - May 2023
Total Exports Growth (%) -1.3 Mar 2023 monthly Jan 1989 - Mar 2023
Aluminum: Exports (USD th) 550,690.388 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) 2,135.5 May 2023 monthly Jan 1988 - May 2023
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) 79.049 Jun 2023 monthly Jan 1988 - Jun 2023
Total Imports from USA (USD mn) 52.814 Jun 2023 monthly Jan 1988 - Jun 2023
Total Exports to China (USD mn) 22.944 May 2023 monthly Jan 1997 - May 2023
Total Imports from China (USD mn) 297.361 2022 yearly 1993 - 2022
Trade Balance: sa (EUR mn) -621.529 Jun 2023 monthly Jan 1988 - Jun 2023
Exports (EUR mn) 1,377.471 Jun 2023 monthly Jan 1988 - Jun 2023
Imports: sa (EUR mn) 1,911.203 Jun 2023 monthly Jan 1988 - Jun 2023
Exports: sa (EUR mn) 1,289.673 Jun 2023 monthly Jan 1988 - Jun 2023
Exports: Other Manufactured Goods (EUR mn) 211.176 Jun 2023 monthly Jan 1988 - Jun 2023
Exports: Chemicals and Related Products (EUR mn) 154.800 Jun 2023 monthly Jan 1988 - Jun 2023
Exports: Base Metal Products (EUR mn) 245.098 Jun 2023 monthly Jan 1988 - Jun 2023
Exports: Machinery and Equipment (EUR mn) 284.393 Jun 2023 monthly Jan 1988 - Jun 2023
Exports: Transport Equipment (EUR mn) 185.943 Jun 2023 monthly Jan 1988 - Jun 2023
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 226.892 Jun 2023 monthly Jan 1988 - Jun 2023
Exports: America: ow United States of America (EUR mn) 72.924 Jun 2023 monthly Jan 1988 - Jun 2023
Exports: Asia: ow Japan (EUR mn) 5.375 Jun 2023 monthly Jan 1988 - Jun 2023
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 328.991 Jun 2023 monthly Jan 1988 - Jun 2023
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 178.651 Jun 2023 monthly Jan 1988 - Jun 2023
Exports: European Union (EUR mn) 1,086.533 Jun 2023 monthly Jan 1988 - Jun 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -32,736.1 Mar 2023 quarterly Mar 2002 - Mar 2023
Current Account Balance (USD mn) 259.4 Mar 2023 quarterly Mar 1995 - Mar 2023
Current Account Balance: % of GDP (%) 1.2 Mar 2023 quarterly Mar 1995 - Mar 2023
Foreign Direct Investment (USD mn) -37,771.0 Mar 2023 quarterly Mar 2002 - Mar 2023
Foreign Direct Investment: % of GDP (%) -177.8 Mar 2023 quarterly Mar 2002 - Mar 2023
Foreign Portfolio Investment (USD mn) 54,772.425 Mar 2023 quarterly Mar 2002 - Mar 2023
Foreign Portfolio Investment: % of GDP (%) 257.8 Mar 2023 quarterly Mar 2002 - Mar 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 44,637.1 Dec 2022 quarterly Mar 2002 - Dec 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 10,711.090 Mar 2023 quarterly Mar 2002 - Mar 2023
External Debt (USD mn) 3,739,568.4 Dec 2022 quarterly Dec 2002 - Dec 2022
External Debt: % of GDP (%) 4,469.1 2022 yearly 2002 - 2022
External Debt: Short Term (USD mn) 1,027,357.5 Mar 2023 quarterly Dec 2002 - Mar 2023
External Debt: Short Term: % of GDP (%) 1,173.0 2022 yearly 2002 - 2022
Total Debt: % of GDP (%) 7,264.4 Mar 2023 quarterly Dec 1995 - Mar 2023
Forecast: Current Account Balance (USD bn) 4.760 2028 yearly 1995 - 2028
Net International Investment Position (USD mn) 23,586.601 Dec 2022 quarterly Dec 2002 - Dec 2022
BoP: FA: DI: Liabilities (EUR mn) -35,201.668 Mar 2023 quarterly Mar 2002 - Mar 2023
BoP: Financial Account (FA) (EUR mn) 219.391 Mar 2023 quarterly Mar 2002 - Mar 2023
BoP: FA: OI: Liabilities (EUR mn) 32,927.756 Mar 2023 quarterly Mar 2002 - Mar 2023
BoP: FA: Reserve Assets (EUR mn) 23.013 Mar 2023 quarterly Mar 2002 - Mar 2023
BoP: CA: Secondary Income (EUR mn) 291.770 Mar 2023 quarterly Mar 1995 - Mar 2023
BoP: FA: Other Investment (OI): Assets (EUR mn) 74,788.805 Mar 2023 quarterly Mar 2002 - Mar 2023
BoP: CA: Services (EUR mn) 5,475.373 Mar 2023 quarterly Mar 1995 - Mar 2023
BoP: FA: Portfolio Investment (PI): Assets (EUR mn) 6,233.726 Mar 2023 quarterly Mar 2002 - Mar 2023
BoP: Errors & Omissions (EUR mn) -0.806 Mar 2023 quarterly Mar 2002 - Mar 2023
BoP: CA: Goods (EUR mn) -160.929 Mar 2023 quarterly Mar 1995 - Mar 2023
BoP: Current Account (CA) (EUR mn) 241.726 Mar 2023 quarterly Mar 1995 - Mar 2023
BoP: FA: Direct Investment (DI): Assets (EUR mn) -30,509.257 Mar 2023 quarterly Mar 2002 - Mar 2023
BoP: Capital Account (EUR mn) -21.529 Mar 2023 quarterly Mar 1995 - Mar 2023
BoP: FA: PI: Liabilities (EUR mn) 51,046.557 Mar 2023 quarterly Mar 2002 - Mar 2023
BoP: FA: Financial Derivatives (EUR mn) -1,544.251 Mar 2023 quarterly Mar 2002 - Mar 2023
International Investment Position (IIP): Net (EUR mn) 27,625.991 Mar 2023 quarterly Dec 2002 - Mar 2023
IIP: Assets (EUR mn) 11,540,970.226 Mar 2023 quarterly Dec 2002 - Mar 2023
IIP: Liabilities (EUR mn) 11,513,344.235 Mar 2023 quarterly Dec 2002 - Mar 2023
Gross External Debt: General Government: Long Term (EUR mn) 10,943.825 Mar 2023 quarterly Dec 2002 - Mar 2023
Gross External Debt: General Government: Short Term (EUR mn) 0.000 Mar 2023 quarterly Dec 2002 - Mar 2023
Gross External Debt (EUR mn) 3,532,952.853 Mar 2023 quarterly Dec 2002 - Mar 2023
Gross External Debt: General Government (EUR mn) 10,943.825 Mar 2023 quarterly Dec 2002 - Mar 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Household Debt: % of GDP (%) 66.2 Mar 2023 quarterly Dec 1995 - Mar 2023
Money Supply M1 (USD mn) 320,902.399 Jul 2023 monthly Jan 1999 - Jul 2023
Money Supply M2 (USD mn) 414,131.598 Jul 2023 monthly Jan 1999 - Jul 2023
M2 Growth (%) -7.8 Jul 2023 monthly Jan 2000 - Jul 2023
Reserve Requirement Ratio (%) 1.0 Sep 2023 monthly Jan 1999 - Sep 2023
Foreign Exchange Reserves (USD mn) 229.4 Aug 2023 monthly Jan 1999 - Aug 2023
Foreign Exchange Reserves: % of GDP (%) 0.265 Mar 2023 quarterly Mar 1999 - Mar 2023
Foreign Exchange Reserves: Months of Import (NA) 0.1 May 2023 monthly Jan 1999 - May 2023
Gold Reserves (USD mn) 140.577 Aug 2023 monthly Jan 1999 - Aug 2023
Total Deposits (USD mn) 834,011.065 Jun 2023 quarterly Mar 2003 - Jun 2023
Total Deposits Growth (%) -10.3 Jun 2023 quarterly Mar 2004 - Jun 2023
Domestic Credit (USD mn) 154,077.9 Jun 2023 monthly Jan 1999 - Jun 2023
Domestic Credit Growth (%) -2.6 Jun 2023 monthly Jan 2000 - Jun 2023
Credit to Households (USD bn) 55.990 Dec 2022 quarterly Mar 1995 - Dec 2022
Credit to Private Non-Financial Sector (USD bn) 331.759 Dec 2022 quarterly Mar 1995 - Dec 2022
Household Debt (USD mn) 57,107.4 Mar 2023 quarterly Mar 1995 - Mar 2023
Total Loans (USD mn) 764,451.055 Jul 2023 monthly Jan 2001 - Jul 2023
Total Loans Growth (%) -7.10 Jul 2023 monthly Jan 2002 - Jul 2023
Private Debt: % of Nominal GDP (%) 95.99 Mar 2023 quarterly Mar 1999 - Mar 2023
Money Supply: M3 (EUR bn) 465.200 Jul 2023 monthly Jan 1999 - Jul 2023
Money Supply: M3: M2 (EUR bn) 375.800 Jul 2023 monthly Jan 1999 - Jul 2023
Money Supply: M3: M2: M1 (EUR bn) 291.200 Jul 2023 monthly Jan 1999 - Jul 2023
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) 211.615 Aug 2023 monthly Jan 1999 - Aug 2023
Official Reserve Assets (EUR mn) 2,739.800 Aug 2023 monthly Jan 1999 - Aug 2023
Bank Deposits: Domestic (EUR mn) 321,070.300 Jul 2023 monthly Jan 2003 - Jul 2023
Bank Loans: Domestic: Credit Institutions (EUR mn) 168,269.066 Jul 2023 monthly Jan 1999 - Jul 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -12.2 Aug 2023 monthly Jan 1986 - Aug 2023

More Indicators for Luxembourg

Check out our pricing options.

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

View pricing options

CEIC Flex

from $49

Entry level access to the CEIC platform for individual users. Download limits apply. Payable monthly by credit card.

View this option

CEIC Unlimited

Request a Demo

Full and unlimited access to CEIC data for multiple users. Suitable for enterprise usage. Available via annual subscription to one or more of CEIC’s global and premium databases.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data