Luxembourg Household Debt: % of GDP

1995 - 2023 | Quarterly | % | CEIC Data

Key information about Luxembourg Household Debt: % of GDP

  • Luxembourg household debt accounted for 68.8 % of the country's Nominal GDP in Sep 2023, compared with the ratio of 69.6 % in the previous quarter.
  • Luxembourg household debt to GDP ratio is updated quarterly, available from Dec 1995 to Sep 2023.
  • The data reached an all-time high of 69.8 % in Dec 2020 and a record low of 35.5 % in Sep 1996.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. Banque Centrale du Luxembourg provides Household Debt in EUR. The Statistics Portal of Luxembourg provides Nominal GDP in EUR. Household Debt includes NPISH.


Related information about Luxembourg Household Debt: % of GDP

  • In the latest reports, Luxembourg Household Debt reached 57.1 USD bn in Mar 2023.
  • Money Supply M2 in Luxembourg dropped 9.4 % YoY in Sep 2023.
  • Luxembourg Foreign Exchange Reserves was measured at 196.5 USD mn in Dec 2023.
  • The Foreign Exchange Reserves equaled 0.1 Months of Import in Aug 2023.
  • Luxembourg Domestic Credit reached 154.3 USD bn in Jul 2023, representing an drop of 3.8 % YoY.

View Luxembourg's Household Debt: % of GDP from Dec 1995 to Sep 2023 in the chart:

Luxembourg Household Debt: % of GDP

What was Luxembourg's Household Debt: % of GDP in Sep 2023?

Luxembourg household debt accounted for 68.8 % of the country's Nominal GDP in Sep 2023, compared with the ratio of 69.6 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
68.8 Sep 2023 69.6 Jun 2023 35.5 Sep 1996 69.8 Dec 2020 % quarterly Dec 1995 - Sep 2023

Household Debt: % of GDP by Country Comparison

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Includes Household Debt: % of GDP on 90 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 11.7 Jun 2023 quarterly Dec 2008 - Jun 2023
Argentina (%) 3.8 Sep 2023 quarterly Dec 2004 - Sep 2023
Armenia (%) 25.3 Dec 2023 quarterly Dec 2000 - Dec 2023
Australia (%) 116.6 Mar 2023 quarterly Jun 1988 - Mar 2023
Austria (%) 45.9 Sep 2023 quarterly Mar 1999 - Sep 2023
Azerbaijan (%) 10.6 Sep 2023 quarterly Mar 2005 - Sep 2023
Belarus (%) 9.5 Sep 2023 quarterly Dec 2006 - Sep 2023
Belgium (%) 60.1 Sep 2023 quarterly Dec 1992 - Sep 2023
Bolivia (%) 11.3 Dec 2022 quarterly Sep 2010 - Dec 2022
Bosnia and Herzegovina (%) 24.0 Sep 2023 quarterly Dec 2008 - Sep 2023
Botswana (%) 19.5 Sep 2023 quarterly Dec 2002 - Sep 2023
Brunei (%) 14.1 Sep 2023 quarterly Dec 2013 - Sep 2023
Bulgaria (%) 27.4 2022 yearly 1995 - 2022
Cambodia (%) 36.0 2022 yearly 2008 - 2022
Canada (%) 100.9 Dec 2023 quarterly Mar 1969 - Dec 2023
Chile (%) 40.3 Sep 2023 quarterly Mar 2009 - Sep 2023
China (%) 63.3 Mar 2023 quarterly Mar 2007 - Mar 2023
Colombia (%) 34.7 Sep 2023 quarterly Dec 2015 - Sep 2023
Croatia (%) 33.1 Dec 2022 quarterly Mar 2012 - Dec 2022
Cyprus (%) 97.5 2021 yearly 1995 - 2021
Czech Republic (%) 37.0 Sep 2023 quarterly Mar 2004 - Sep 2023
Denmark (%) 86.8 2022 yearly 1994 - 2022
Ecuador (%) 16.3 Sep 2023 quarterly Dec 2006 - Sep 2023
Egypt (%) 8.2 Jun 2023 quarterly Dec 2002 - Jun 2023
Estonia (%) 37.9 Sep 2023 quarterly Dec 2003 - Sep 2023
European Union (%) 46.3 Dec 2023 quarterly Sep 1997 - Dec 2023
Finland (%) 74.9 2022 yearly 1995 - 2022
France (%) 75.1 2022 yearly 1977 - 2022
Georgia (%) 36.9 Mar 2023 quarterly Mar 2001 - Mar 2023
Germany (%) 52.9 Sep 2023 quarterly Dec 1991 - Sep 2023
Greece (%) 47.1 Sep 2023 quarterly Dec 1997 - Sep 2023
Hong Kong SAR, China (%) 92.7 Dec 2023 quarterly Mar 1982 - Dec 2023
Hungary (%) 20.2 Sep 2023 quarterly Dec 1995 - Sep 2023
Iceland (%) 73.2 Dec 2023 quarterly Dec 1995 - Dec 2023
India (%) 14.8 2023 yearly 1998 - 2023
Indonesia (%) 9.6 Dec 2023 quarterly Dec 2010 - Dec 2023
Ireland (%) 27.8 Jun 2023 quarterly Mar 2002 - Jun 2023
Israel (%) 42.5 Sep 2023 quarterly Dec 1995 - Sep 2023
Italy (%) 49.3 Sep 2023 quarterly Dec 1995 - Sep 2023
Japan (%) 66.0 Sep 2023 quarterly Dec 1997 - Sep 2023
Jordan (%) 82.2 Sep 2023 quarterly Mar 2002 - Sep 2023
Kazakhstan (%) 15.1 Sep 2023 quarterly Dec 1997 - Sep 2023
South Korea (%) 104.5 Sep 2023 quarterly Dec 2002 - Sep 2023
Kosovo (%) 19.7 Sep 2023 quarterly Dec 2010 - Sep 2023
Kuwait (%) 0.5 Sep 2023 quarterly Dec 2010 - Sep 2023
Kyrgyzstan (%) 7.0 Dec 2023 quarterly Dec 2000 - Dec 2023
Latvia (%) 19.9 Jun 2023 quarterly Mar 2004 - Jun 2023
Lithuania (%) 23.4 Jun 2023 quarterly Dec 1995 - Jun 2023
Luxembourg (%) 68.8 Sep 2023 quarterly Dec 1995 - Sep 2023
Macau SAR, China (%) 87.1 Dec 2023 quarterly Dec 2001 - Dec 2023
North Macedonia (%) 26.5 Jun 2023 quarterly Mar 2003 - Jun 2023
Malawi (%) 0.3 2011 yearly 2006 - 2011
Malaysia (%) 81.0 2022 yearly 2002 - 2022
Malta (%) 43.0 Dec 2023 quarterly Dec 2003 - Dec 2023
Mauritius (%) 20.6 Jun 2018 quarterly Mar 2009 - Jun 2018
Mexico (%) 16.3 Dec 2023 quarterly Dec 2000 - Dec 2023
Mongolia (%) 22.3 Dec 2023 quarterly Mar 2004 - Dec 2023
Montenegro (%) 24.7 Sep 2023 quarterly Dec 2010 - Sep 2023
Morocco (%) 25.3 2022 yearly 2001 - 2022
Netherlands (%) 93.1 Sep 2023 quarterly Mar 1999 - Sep 2023
New Zealand (%) 91.5 Sep 2023 quarterly Dec 1990 - Sep 2023
Norway (%) 88.8 Sep 2023 quarterly Dec 1995 - Sep 2023
Panama (%) 38.3 Sep 2023 quarterly Dec 2007 - Sep 2023
Peru (%) 16.9 Dec 2023 quarterly Mar 2001 - Dec 2023
Philippines (%) 10.6 Sep 2023 quarterly Mar 2009 - Sep 2023
Poland (%) 24.5 Sep 2023 quarterly Dec 2003 - Sep 2023
Portugal (%) 67.5 Sep 2023 quarterly Dec 1999 - Sep 2023
Romania (%) 15.2 Sep 2023 quarterly Mar 2007 - Sep 2023
Russia (%) 21.1 Sep 2023 quarterly Dec 2000 - Sep 2023
Saudi Arabia (%) 11.5 Jun 2023 quarterly Dec 2003 - Jun 2023
Serbia (%) 19.9 Mar 2023 quarterly Dec 2003 - Mar 2023
Singapore (%) 54.1 Dec 2023 quarterly Mar 1995 - Dec 2023
Slovakia (%) 46.7 Sep 2023 quarterly Mar 2004 - Sep 2023
Slovenia (%) 28.1 Jun 2023 quarterly Mar 2004 - Jun 2023
South Africa (%) 40.6 Sep 2023 quarterly Mar 1969 - Sep 2023
Spain (%) 51.6 Sep 2023 quarterly Dec 1989 - Sep 2023
Sri Lanka (%) 7.4 Jun 2023 quarterly Dec 2010 - Jun 2023
Sweden (%) 87.3 Sep 2023 quarterly Mar 1996 - Sep 2023
Switzerland (%) 128.4 2022 yearly 1999 - 2022
Syria (%) 14.6 2011 yearly 2004 - 2011
Taiwan (%) 88.7 2022 yearly 2000 - 2022
Thailand (%) 86.6 Sep 2023 quarterly Mar 2003 - Sep 2023
Tunisia (%) 0.0 2020 yearly 2007 - 2020
Turkey (%) 11.7 Sep 2023 quarterly Dec 2014 - Sep 2023
Ukraine (%) 4.3 Dec 2022 quarterly Dec 2002 - Dec 2022
United Arab Emirates (%) 106.2 2021 yearly 2013 - 2021
United Kingdom (%) 84.6 Sep 2023 quarterly Mar 1987 - Sep 2023
United States (%) 64.0 Dec 2023 quarterly Mar 1999 - Dec 2023
Uruguay (%) 10.7 Sep 2023 quarterly Dec 2005 - Sep 2023
Venezuela (%) 3.4 2017 yearly 2004 - 2017

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Luxembourg Key Series

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Includes 212 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 (%) -0.3 2022 yearly 1995 - 2022
Tax Revenue (USD mn) 22,155.719 2022 yearly 1995 - 2022
Tax Revenue: % of GDP (%) 27.2 2022 yearly 1995 - 2022
National Government Debt (USD mn) 21,543.4 Sep 2023 quarterly Dec 1995 - Sep 2023
Government Debt: % of GDP (%) 25.7 Sep 2023 quarterly Dec 1997 - Sep 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) 20,354.700 Sep 2023 quarterly Dec 1995 - Sep 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.400 2028 yearly 1987 - 2028
Trade Balance (USD mn) -709.8 Dec 2023 monthly Jan 1988 - Dec 2023
Total Exports (USD mn) 1,300.3 Dec 2023 monthly Jan 1988 - Dec 2023
Total Exports Growth (%) -10.6 Dec 2023 monthly Jan 1989 - Dec 2023
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) 2,010.2 Dec 2023 monthly Jan 1988 - Dec 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) 33.841 Dec 2023 monthly Jan 1988 - Dec 2023
Total Imports from USA (USD mn) 71.935 Dec 2023 monthly Jan 1988 - Dec 2023
Total Exports to China (USD mn) 21.327 Nov 2023 monthly Jan 1997 - Nov 2023
Total Imports from China (USD mn) 214.395 2023 yearly 1993 - 2023
Trade Balance: sa (EUR mn) -650.687 Dec 2023 monthly Jan 1988 - Dec 2023
Exports (EUR mn) 1,044.964 Dec 2023 monthly Jan 1988 - Dec 2023
Imports: sa (EUR mn) 1,842.683 Dec 2023 monthly Jan 1988 - Dec 2023
Exports: sa (EUR mn) 1,191.996 Dec 2023 monthly Jan 1988 - Dec 2023
Exports: Chemicals and Related Products (EUR mn) 127.459 Dec 2023 monthly Jan 1988 - Dec 2023
Exports: Other Manufactured Goods (EUR mn) 155.550 Dec 2023 monthly Jan 1988 - Dec 2023
Exports: Base Metal Products (EUR mn) 153.667 Dec 2023 monthly Jan 1988 - Dec 2023
Exports: Machinery and Equipment (EUR mn) 220.173 Dec 2023 monthly Jan 1988 - Dec 2023
Exports: Transport Equipment (EUR mn) 125.212 Dec 2023 monthly Jan 1988 - Dec 2023
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 169.092 Dec 2023 monthly Jan 1988 - Dec 2023
Exports: America: ow United States of America (EUR mn) 31.022 Dec 2023 monthly Jan 1988 - Dec 2023
Exports: Asia: ow Japan (EUR mn) 3.901 Dec 2023 monthly Jan 1988 - Dec 2023
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 133.712 Dec 2023 monthly Jan 1988 - Dec 2023
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 267.131 Dec 2023 monthly Jan 1988 - Dec 2023
Exports: European Union (EUR mn) 826.948 Dec 2023 monthly Jan 1988 - Dec 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 8,883.6 Sep 2023 quarterly Mar 2002 - Sep 2023
Current Account Balance (USD mn) 2,904.3 Sep 2023 quarterly Mar 1995 - Sep 2023
Current Account Balance: % of GDP (%) 13.6 Sep 2023 quarterly Mar 1995 - Sep 2023
Foreign Direct Investment (USD mn) -13,592.0 Sep 2023 quarterly Mar 2002 - Sep 2023
Foreign Direct Investment: % of GDP (%) -63.5 Sep 2023 quarterly Mar 2002 - Sep 2023
Foreign Portfolio Investment (USD mn) -12,254.851 Sep 2023 quarterly Mar 2002 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) -57.3 Sep 2023 quarterly Mar 2002 - Sep 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) -1,487.760 Sep 2023 quarterly Mar 2002 - Sep 2023
External Debt (USD mn) 3,668,133.6 Sep 2023 quarterly Dec 2002 - Sep 2023
External Debt: % of GDP (%) 4,521.9 2022 yearly 2002 - 2022
External Debt: Short Term (USD mn) 966,102.6 Sep 2023 quarterly Dec 2002 - Sep 2023
External Debt: Short Term: % of GDP (%) 1,179.5 2022 yearly 2002 - 2022
Total Debt: % of GDP (%) 7,222.2 Sep 2023 quarterly Dec 1995 - Sep 2023
Forecast: Current Account Balance (USD bn) 4.708 2028 yearly 1995 - 2028
Net International Investment Position (USD mn) 31,922.280 Sep 2023 quarterly Dec 2002 - Sep 2023
BoP: Financial Account (FA) (EUR mn) 2,651.816 Sep 2023 quarterly Mar 2002 - Sep 2023
BoP: FA: Reserve Assets (EUR mn) 115.909 Sep 2023 quarterly Mar 2002 - Sep 2023
BoP: FA: Other Investment (OI): Assets (EUR mn) -48,776.424 Sep 2023 quarterly Mar 2002 - Sep 2023
BoP: FA: OI: Liabilities (EUR mn) -18,661.449 Sep 2023 quarterly Mar 2002 - Sep 2023
BoP: FA: DI: Liabilities (EUR mn) -12,491.992 Sep 2023 quarterly Mar 2002 - Sep 2023
BoP: Errors & Omissions (EUR mn) -49.170 Sep 2023 quarterly Mar 2002 - Sep 2023
BoP: Current Account (CA) (EUR mn) 2,669.292 Sep 2023 quarterly Mar 1995 - Sep 2023
BoP: FA: Portfolio Investment (PI): Assets (EUR mn) 1,471.281 Sep 2023 quarterly Mar 2002 - Sep 2023
BoP: CA: Services (EUR mn) 6,659.731 Sep 2023 quarterly Mar 1995 - Sep 2023
BoP: CA: Secondary Income (EUR mn) 271.260 Sep 2023 quarterly Mar 1995 - Sep 2023
BoP: CA: Goods (EUR mn) 446.440 Sep 2023 quarterly Mar 1995 - Sep 2023
BoP: FA: PI: Liabilities (EUR mn) -11,263.062 Sep 2023 quarterly Mar 2002 - Sep 2023
BoP: FA: Financial Derivatives (EUR mn) -740.145 Sep 2023 quarterly Mar 2002 - Sep 2023
BoP: FA: Direct Investment (DI): Assets (EUR mn) 8,164.692 Sep 2023 quarterly Mar 2002 - Sep 2023
BoP: Capital Account (EUR mn) 31.694 Sep 2023 quarterly Mar 1995 - Sep 2023
IIP: Assets (EUR mn) 11,621,970.494 Sep 2023 quarterly Dec 2002 - Sep 2023
International Investment Position (IIP): Net (EUR mn) 30,160.884 Sep 2023 quarterly Dec 2002 - Sep 2023
IIP: Liabilities (EUR mn) 11,591,809.610 Sep 2023 quarterly Dec 2002 - Sep 2023
Gross External Debt: General Government: Short Term (EUR mn) 0.000 Sep 2023 quarterly Dec 2002 - Sep 2023
Gross External Debt (EUR mn) 3,465,734.637 Sep 2023 quarterly Dec 2002 - Sep 2023
Gross External Debt: General Government: Long Term (EUR mn) 9,917.165 Sep 2023 quarterly Dec 2002 - Sep 2023
Gross External Debt: General Government (EUR mn) 9,917.165 Sep 2023 quarterly Dec 2002 - Sep 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 (%) 68.8 Sep 2023 quarterly Dec 1995 - Sep 2023
Money Supply M1 (USD mn) 297,644.101 Jan 2024 monthly Jan 1999 - Jan 2024
Money Supply M2 (USD mn) 394,470.702 Jan 2024 monthly Jan 1999 - Jan 2024
M2 Growth (%) -8.3 Jan 2024 monthly Jan 2000 - Jan 2024
Reserve Requirement Ratio (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
Foreign Exchange Reserves (USD mn) 189.5 Jan 2024 monthly Jan 1999 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 0.264 Jun 2023 quarterly Mar 1999 - Jun 2023
Foreign Exchange Reserves: Months of Import (NA) 0.1 Dec 2023 monthly Jan 1999 - Dec 2023
Gold Reserves (USD mn) 148.884 Jan 2024 monthly Jan 1999 - Jan 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) 153,411.1 Dec 2023 monthly Jan 1999 - Dec 2023
Domestic Credit Growth (%) -6.5 Dec 2023 monthly Jan 2000 - Dec 2023
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) 745,594.534 Jan 2024 monthly Jan 2001 - Jan 2024
Total Loans Growth (%) -5.16 Jan 2024 monthly Jan 2002 - Jan 2024
Private Debt: % of Nominal GDP (%) 95.99 Mar 2023 quarterly Mar 1999 - Mar 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) 174.540 Jan 2024 monthly Jan 1999 - Jan 2024
Official Reserve Assets (EUR mn) 2,723.093 Jan 2024 monthly Jan 1999 - Jan 2024
Bank Deposits: Domestic (EUR mn) 308,902.000 Jan 2024 monthly Jan 2003 - Jan 2024
Bank Loans: Domestic: Credit Institutions (EUR mn) 176,257.354 Jan 2024 monthly Jan 1999 - Jan 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -5.9 Feb 2024 monthly Jan 1986 - Feb 2024

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