Luxembourg National Government Debt

1995 - 2025 | Quarterly | USD mn | CEIC Data

Key information about Luxembourg National Government Debt

  • Luxembourg National Government Debt reached 28.7 USD bn in Sep 2025, compared with 25.7 USD bn in the previous quarter.
  • Luxembourg National Government Debt data is updated quarterly, available from Dec 1995 to Sep 2025.
  • The data reached an all-time high of 28.7 USD bn in Sep 2025 and a record low of 1.4 USD bn in Jun 2001.

CEIC converts quarterly Government Debt into USD. The Statistics Portal of Luxembourg provides Government Debt in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Luxembourg National Government Debt
  • In the latest reports, Luxembourg Consolidated Fiscal Balance registered a surplus equal to 0.9 % of its Nominal GDP in Dec 2024.
  • The country's Government debt accounted for 27.9 % of its Nominal GDP in Sep 2025.
  • Luxembourg Nominal GDP reached 24.9 USD bn in Jun 2025.

View Luxembourg's National Government Debt from Dec 1995 to Sep 2025 in the chart:

Luxembourg National Government Debt

What was Luxembourg's National Government Debt in Sep 2025?

Luxembourg National Government Debt reached 28.7 USD bn in Sep 2025, compared with 25.7 USD bn in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
28,692.8 Sep 2025 25,740.5 Jun 2025 1,440.8 Jun 2001 28,692.8 Sep 2025 USD mn quarterly Dec 1995 - Sep 2025

National Government Debt by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 16,644.0 Dec 2025 quarterly Sep 2010 - Dec 2025
Algeria (USD mn) 127,109.6 2024 yearly 1997 - 2024
Argentina (USD mn) 454,037.1 Sep 2025 quarterly Dec 1994 - Sep 2025
Armenia (USD mn) 13,906.0 Dec 2025 quarterly Mar 2002 - Dec 2025
Australia (USD mn) 685,976.3 2024 yearly 1999 - 2024
Austria (USD mn) 497,437.3 Sep 2025 quarterly Mar 2000 - Sep 2025
Azerbaijan (USD mn) 9,223.0 2021 yearly 2008 - 2021
Bahrain (USD mn) 50,797.0 Jan 2026 monthly Mar 2001 - Jan 2026
Belarus (USD mn) 23,375.7 May 2022 monthly Dec 2003 - May 2022
Belgium (USD mn) 797,839.2 Sep 2025 quarterly Mar 1980 - Sep 2025
Bolivia (USD mn) 8,960.7 2014 yearly 1998 - 2014
Bosnia and Herzegovina (USD mn) 3,449.6 2024 yearly 2007 - 2024
Botswana (USD mn) 4,996.3 2025 yearly 2002 - 2025
Brazil (USD mn) 1,921,493.6 Jan 2026 monthly Dec 2000 - Jan 2026
Bulgaria (USD mn) 37,868.1 Jan 2026 monthly Dec 2015 - Jan 2026
Canada (USD mn) 1,517,724.5 2025 yearly 1962 - 2025
Chile (USD mn) 149,182.1 Sep 2025 quarterly Mar 2002 - Sep 2025
China (USD mn) 5,896,064.4 2025 yearly 2005 - 2025
Colombia (USD mn) 280,165.7 Jun 2025 quarterly Dec 2001 - Jun 2025
Croatia (USD mn) 59,850.6 Oct 2025 monthly Dec 1995 - Oct 2025
Cyprus (USD mn) 23,649.6 Dec 2025 monthly Dec 2010 - Dec 2025
Czech Republic (USD mn) 174,839.6 Sep 2025 quarterly Mar 2000 - Sep 2025
Denmark (USD mn) 141,615.2 Sep 2025 quarterly Mar 2000 - Sep 2025
Ecuador (USD mn) 87,469.0 Dec 2025 quarterly Dec 2005 - Dec 2025
Egypt (USD mn) 330,374.5 Sep 2025 quarterly Jun 2006 - Sep 2025
Estonia (USD mn) 11,044.7 Sep 2025 quarterly Mar 2000 - Sep 2025
European Union (USD mn) 17,899,598.0 Sep 2025 quarterly Mar 2000 - Sep 2025
Finland (USD mn) 289,404.3 Jun 2025 quarterly Mar 2000 - Jun 2025
France (USD mn) 4,020,987.6 Jun 2025 quarterly Dec 1995 - Jun 2025
Georgia (USD mn) 13,286.4 Dec 2025 quarterly Mar 2006 - Dec 2025
Germany (USD mn) 3,271,285.0 Sep 2025 quarterly Mar 2000 - Sep 2025
Greece (USD mn) 431,674.3 Sep 2025 quarterly Dec 1999 - Sep 2025
Hong Kong SAR, China (USD mn) 190,786.0 2025 yearly 2003 - 2025
Hungary (USD mn) 197,643.7 Dec 2025 quarterly Dec 1989 - Dec 2025
Iceland (USD mn) 20,025.7 2024 yearly 1998 - 2024
India (USD mn) 2,192,184.8 Sep 2025 quarterly Dec 1998 - Sep 2025
Indonesia (USD mn) 547,950.7 Jan 2025 monthly Jun 2009 - Jan 2025
Ireland (USD mn) 245,214.6 Sep 2025 quarterly Mar 2000 - Sep 2025
Israel (USD mn) 364,326.8 2024 yearly 1995 - 2024
Italy (USD mn) 3,632,904.5 Dec 2025 monthly Jan 1957 - Dec 2025
Ivory Coast (USD mn) 3,853.2 2015 yearly 1975 - 2015
Japan (USD mn) 9,012,579.6 Sep 2025 monthly Apr 1982 - Sep 2025
Jordan (USD mn) 51,110.4 Dec 2025 monthly Jan 2002 - Dec 2025
Kazakhstan (USD mn) 72,503.6 Dec 2025 quarterly Mar 2005 - Dec 2025
Kenya (USD mn) 93,267.3 Sep 2025 monthly Sep 1999 - Sep 2025
South Korea (USD mn) 896,321.5 Sep 2025 quarterly Sep 2002 - Sep 2025
Kosovo (USD mn) 1,797.9 2024 yearly 2009 - 2024
Kuwait (USD mn) 7,383.1 Jan 2026 monthly Dec 1993 - Jan 2026
Kyrgyzstan (USD mn) 8,920.6 Dec 2025 monthly Jan 2011 - Dec 2025
Latvia (USD mn) 22,255.4 Sep 2025 quarterly Mar 2000 - Sep 2025
Lebanon (USD mn) 101,813.6 Dec 2022 monthly Dec 2001 - Dec 2022
Lithuania (USD mn) 39,470.4 Sep 2025 quarterly Mar 2000 - Sep 2025
Luxembourg (USD mn) 28,692.8 Sep 2025 quarterly Dec 1995 - Sep 2025
North Macedonia (USD mn) 10,272.3 Dec 2025 quarterly Dec 2009 - Dec 2025
Malawi (USD mn) 2,620.0 2014 yearly 2010 - 2014
Malaysia (USD mn) 325,635.1 Dec 2025 quarterly Mar 1978 - Dec 2025
Malta (USD mn) 13,160.7 Sep 2025 quarterly Mar 2000 - Sep 2025
Mauritius (USD mn) 12,831.7 Dec 2025 quarterly Jun 2003 - Dec 2025
Mexico (USD mn) 1,151,112.7 Jan 2026 monthly Dec 2005 - Jan 2026
Moldova (USD mn) 8,063.2 Jan 2026 monthly Jan 2007 - Jan 2026
Montenegro (USD mn) 5,521.7 Sep 2025 monthly Dec 2010 - Sep 2025
Morocco (USD mn) 91,099.0 Dec 2022 quarterly Dec 2006 - Dec 2022
Nepal (USD mn) 14,538.4 2021 yearly 1990 - 2021
Netherlands (USD mn) 579,272.5 Sep 2025 quarterly Dec 1999 - Sep 2025
New Zealand (USD mn) 123,654.9 Sep 2025 quarterly Dec 2006 - Sep 2025
Nigeria (USD mn) 101,223.7 Sep 2025 quarterly Dec 2006 - Sep 2025
Norway (USD mn) 297,283.3 2025 yearly 1995 - 2025
Oman (USD mn) 37,971.4 2025 yearly 1990 - 2025
Panama (USD mn) 59,349.3 Dec 2025 monthly Jul 2004 - Dec 2025
Paraguay (USD mn) 16,217.1 2024 yearly 2003 - 2024
Peru (USD mn) 108,718.9 Dec 2025 quarterly Mar 1999 - Dec 2025
Philippines (USD mn) 307,939.9 Jan 2026 monthly Jan 1993 - Jan 2026
Poland (USD mn) 611,821.3 Sep 2025 quarterly Mar 2000 - Sep 2025
Portugal (USD mn) 345,501.8 Sep 2025 quarterly Mar 2000 - Sep 2025
Qatar (USD mn) 26,518.7 2012 yearly 2003 - 2012
Romania (USD mn) 254,664.1 Nov 2025 monthly Nov 2011 - Nov 2025
Russia (USD mn) 465,308.9 Jan 2026 monthly May 2009 - Jan 2026
Saudi Arabia (USD mn) 405,068.6 2025 yearly 2004 - 2025
Serbia (USD mn) 46,361.5 Jan 2026 monthly Sep 2004 - Jan 2026
Singapore (USD mn) 1,019,617.5 Dec 2025 quarterly Mar 1990 - Dec 2025
Slovakia (USD mn) 98,475.2 Sep 2025 quarterly Mar 2000 - Sep 2025
Slovenia (USD mn) 55,072.6 Sep 2025 quarterly Dec 1999 - Sep 2025
South Africa (USD mn) 375,216.0 Jan 2026 monthly Jan 1960 - Jan 2026
Spain (USD mn) 2,005,898.9 Sep 2025 quarterly Dec 1990 - Sep 2025
Sri Lanka (USD mn) 98,101.8 Sep 2025 quarterly Mar 2014 - Sep 2025
Sweden (USD mn) 230,743.4 Sep 2025 quarterly Mar 1999 - Sep 2025
Switzerland (USD mn) 231,894.5 2024 yearly 1990 - 2024
Taiwan, China (USD mn) 210,211.6 2024 yearly 1996 - 2024
Thailand (USD mn) 358,947.0 Jan 2026 monthly Oct 1997 - Jan 2026
Tunisia (USD mn) 46,921.1 Sep 2025 monthly Apr 2011 - Sep 2025
Turkey (USD mn) 298,427.1 2024 yearly 2001 - 2024
Ukraine (USD mn) 208,497.3 Jan 2026 monthly Dec 2004 - Jan 2026
United Kingdom (USD mn) 4,111,415.2 Sep 2025 quarterly Mar 1966 - Sep 2025
United States (USD mn) 38,769,806.0 Feb 2026 monthly Jan 1969 - Feb 2026
Uruguay (USD mn) 48,109.8 Sep 2025 quarterly Mar 1999 - Sep 2025
Venezuela (USD mn) 105,131.7 2016 yearly 1996 - 2016
Vietnam (USD mn) 150,597.5 2024 yearly 2010 - 2024
Yemen (USD mn) 20,434.2 2013 yearly 2004 - 2013

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Luxembourg Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.9 2024 yearly 1995 - 2024
Tax Revenue (USD mn) 28,386.308 2024 yearly 1995 - 2024
Tax Revenue: % of GDP (%) 30.5 2024 yearly 1995 - 2024
National Government Debt (USD mn) 28,692.8 Sep 2025 quarterly Dec 1995 - Sep 2025
Government Debt: % of GDP (%) 27.7 Sep 2025 quarterly Dec 1997 - Sep 2025
Forecast: Government Expenditure (EUR bn) 55.278 2030 yearly 1995 - 2030
Forecast: Government Net Debt (EUR bn) 33.450 2030 yearly 1995 - 2030
Forecast: Government Revenue (EUR bn) 52.750 2030 yearly 1995 - 2030
General Government Debt: Consolidated (EUR mn) 24,450.653 Sep 2025 quarterly Dec 1995 - Sep 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.000 2030 yearly 1987 - 2030
Trade Balance (USD mn) -862.8 Dec 2025 monthly Jan 1988 - Dec 2025
Total Exports (USD mn) 1,621.8 Dec 2025 monthly Jan 1988 - Dec 2025
Total Exports Growth (%) 13.6 Dec 2025 monthly Jan 1989 - Dec 2025
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) 2,484.7 Dec 2025 monthly Jan 1988 - Dec 2025
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) 34.322 Dec 2025 monthly Jan 1988 - Dec 2025
Total Imports from USA (USD mn) 63.972 Dec 2025 monthly Jan 1988 - Dec 2025
Total Exports to China (USD mn) 16.501 Nov 2025 monthly Jan 1997 - Nov 2025
Total Imports from China (USD mn) 143.129 2025 yearly 1993 - 2025
Exports: Other Manufactured Goods (EUR mn) 179.353 Dec 2025 monthly Jan 1988 - Dec 2025
Exports: Chemicals and Related Products (EUR mn) 137.350 Dec 2025 monthly Jan 1988 - Dec 2025
Exports: Base Metal Products (EUR mn) 162.889 Dec 2025 monthly Jan 1988 - Dec 2025
Exports: Machinery and Equipment (EUR mn) 251.552 Dec 2025 monthly Jan 1988 - Dec 2025
Exports: Transport Equipment (EUR mn) 120.586 Dec 2025 monthly Jan 1988 - Dec 2025
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 172.950 Dec 2025 monthly Jan 1988 - Dec 2025
Exports: Asia: ow Japan (EUR mn) 2.873 Dec 2025 monthly Jan 1988 - Dec 2025
Exports: America: ow United States of America (EUR mn) 29.310 Dec 2025 monthly Jan 1988 - Dec 2025
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 298.657 Dec 2025 monthly Jan 1988 - Dec 2025
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 163.506 Dec 2025 monthly Jan 1988 - Dec 2025
Exports: European Union (EUR mn) 921.889 Dec 2025 monthly Jan 1988 - Dec 2025
Imports: Food Products and Live Animals (EUR mn) 213.102 Dec 2025 monthly Jan 1988 - Dec 2025
Imports: Mineral Fuels and Lubricants (EUR mn) 187.984 Dec 2025 monthly Jan 1988 - Dec 2025
Imports: Machinery and Equipment (EUR mn) 418.429 Dec 2025 monthly Jan 1988 - Dec 2025
Imports: Transport Equipment (EUR mn) 396.144 Dec 2025 monthly Jan 1988 - Dec 2025
Imports: Chemicals and Related Products (EUR mn) 252.439 Dec 2025 monthly Jan 1988 - Dec 2025
Imports: European Union: ow European Monetary Union: ow France (EUR mn) 270.872 Dec 2025 monthly Jan 1988 - Dec 2025
Imports: European Union (EUR mn) 1,843.751 Dec 2025 monthly Jan 1988 - Dec 2025
Imports: Asia: ow Japan (EUR mn) 95.369 Dec 2025 monthly Jan 1988 - Dec 2025
Imports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 652.005 Dec 2025 monthly Jan 1988 - Dec 2025
Imports: European Union: ow European Monetary Union: ow Germany (EUR mn) 561.975 Dec 2025 monthly Jan 1988 - Dec 2025
Imports: America: ow United States of America (EUR mn) 54.631 Dec 2025 monthly Jan 1988 - Dec 2025
Trade Balance: sa (EUR mn) -736.844 Dec 2025 monthly Jan 1988 - Dec 2025
Imports (EUR mn) 2,118.591 Dec 2025 monthly Jan 1988 - Dec 2025
Imports: sa (EUR mn) 2,121.852 Dec 2025 monthly Jan 1988 - Dec 2025
Exports (EUR mn) 1,209.337 Dec 2025 monthly Jan 1988 - Dec 2025
Exports: sa (EUR mn) 1,385.009 Dec 2025 monthly Jan 1988 - Dec 2025
Total Exports: MoM: sa (%) 17.699 Dec 2025 monthly Jan 1988 - Dec 2025
Total Exports: YoY (%) 14.850 Dec 2025 monthly Jan 1988 - Dec 2025
Total Imports: MoM: sa (%) 9.571 Dec 2025 monthly Jan 1988 - Dec 2025
Total Imports: YoY (%) -3.940 Dec 2025 monthly Jan 1988 - Dec 2025
Export Value Index (2015=100) 96.991 2021 yearly 1995 - 2021
Import Value Index (2015=100) 110.828 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -69,045.5 Jun 2025 quarterly Mar 2002 - Jun 2025
Current Account Balance (USD mn) 823.0 Jun 2025 quarterly Mar 1995 - Jun 2025
Current Account Balance: % of GDP (%) 8.2 Sep 2025 quarterly Mar 1995 - Sep 2025
Foreign Direct Investment (USD mn) -21,653.4 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Direct Investment: % of GDP (%) -46.8 Sep 2025 quarterly Mar 2002 - Sep 2025
Foreign Portfolio Investment (USD mn) 137,119.986 Sep 2025 quarterly Mar 2002 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 533.1 Sep 2025 quarterly Mar 2002 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 128,324.5 Sep 2025 quarterly Mar 2002 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 8,740.623 Sep 2025 quarterly Mar 2002 - Sep 2025
External Debt (USD mn) 4,099,693.2 Sep 2025 quarterly Dec 2002 - Sep 2025
External Debt: % of GDP (%) 4,148.6 2024 yearly 2002 - 2024
External Debt: Short Term (USD mn) 1,188,477.8 Sep 2025 quarterly Dec 2002 - Sep 2025
External Debt: Short Term: % of GDP (%) 1,131.4 2024 yearly 2002 - 2024
Total Debt: % of GDP (%) 6,972.7 Sep 2025 quarterly Dec 1995 - Sep 2025
Forecast: Current Account Balance (USD bn) 15.189 2030 yearly 1995 - 2030
Net International Investment Position (USD mn) 31,848.354 Sep 2025 quarterly Dec 2002 - Sep 2025
BoP: FA: PI: DS: Liabilities (EUR mn) 7,482.857 Sep 2025 quarterly Mar 2002 - Sep 2025
Gross External Debt (EUR mn) 3,493,560.477 Sep 2025 quarterly Dec 2002 - Sep 2025
Gross External Debt: General Government: Long Term (EUR mn) 14,451.528 Sep 2025 quarterly Dec 2002 - Sep 2025
Gross External Debt: General Government: Short Term (EUR mn) 49.087 Sep 2025 quarterly Dec 2002 - Sep 2025
Gross External Debt: General Government (EUR mn) 14,500.614 Sep 2025 quarterly Dec 2002 - Sep 2025
International Investment Position (IIP): Net (EUR mn) 27,139.628 Sep 2025 quarterly Dec 2002 - Sep 2025
IIP: Assets (EUR mn) 13,085,984.211 Sep 2025 quarterly Dec 2002 - Sep 2025
IIP: Liabilities (EUR mn) 13,058,844.583 Sep 2025 quarterly Dec 2002 - Sep 2025
BoP: FA: Portfolio Investment (PI) (EUR mn) 13,000.226 Sep 2024 quarterly Mar 2002 - Sep 2024
Number of Bankruptcies: NACE 2 (Unit) 1,189.000 2024 yearly 2000 - 2024
Number of Enterprises: NACE 2: New (Unit) 4,747.000 2022 yearly 2003 - 2022
Number of Enterprises: NACE 2: Active (Unit) 45,021.000 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 (%) 61.6 Sep 2025 quarterly Dec 1995 - Sep 2025
Money Supply M1 (USD mn) 394,700.849 Jan 2026 monthly Jan 1999 - Jan 2026
Money Supply M2 (USD mn) 496,079.899 Jan 2026 monthly Jan 1999 - Jan 2026
M2 Growth (%) 5.6 Jan 2026 monthly Jan 2000 - Jan 2026
Reserve Requirement Ratio (%) 1.0 Feb 2026 monthly Jan 1999 - Feb 2026
Foreign Exchange Reserves (USD mn) 50.1 Feb 2026 monthly Jan 1999 - Feb 2026
Foreign Exchange Reserves: % of GDP (%) 0.044 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 0.0 Dec 2025 monthly Jan 1999 - Dec 2025
Gold Reserves (USD mn) 376.971 Feb 2026 monthly Jan 1999 - Feb 2026
Total Deposits (USD mn) 950,349.596 Dec 2025 quarterly Mar 2003 - Dec 2025
Total Deposits Growth (%) 3.7 Dec 2025 quarterly Mar 2004 - Dec 2025
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) 63.760 Jun 2025 quarterly Mar 1995 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 449.916 Jun 2025 quarterly Mar 1995 - Jun 2025
Household Debt (USD mn) 64,052.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Total Loans (USD mn) 877,235.414 Jan 2026 monthly Jan 2001 - Jan 2026
Total Loans Growth (%) 5.73 Jan 2026 monthly Jan 2002 - Jan 2026
Private Debt: % of Nominal GDP (%) 80.83 Sep 2025 quarterly Mar 1999 - Sep 2025
Money Supply: M3 (EUR bn) 508.800 Jan 2026 monthly Jan 1999 - Jan 2026
Money Supply: M3: M2 (EUR bn) 417.400 Jan 2026 monthly Jan 1999 - Jan 2026
Money Supply: M3: M2: M1 (EUR bn) 332.100 Jan 2026 monthly Jan 1999 - Jan 2026
Official Reserve Assets: Foreign Exchange (EUR mn) 42.420 Feb 2026 monthly Jan 1999 - Feb 2026
Official Reserve Assets (EUR mn) 2,650.676 Feb 2026 monthly Jan 1999 - Feb 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) 339,287.000 Jan 2026 monthly Jan 2003 - Jan 2026
Bank Loans: Domestic: Credit Institutions (EUR mn) 140,065.000 Jan 2026 monthly Jan 1999 - Jan 2026
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -14.3 Jan 2026 monthly Jan 1986 - Jan 2026

More Indicators for Luxembourg

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