Luxembourg LU: Military Expenditure as % of General Government Expenditure

1995 - 2017 | Yearly | % | World Bank

Luxembourg LU: Military Expenditure as % of General Government Expenditure data was reported at 1.207 % in 2017. This records an increase from the previous number of 1.057 % for 2016. Luxembourg LU: Military Expenditure as % of General Government Expenditure data is updated yearly, averaging 1.487 % from Dec 1995 to 2017, with 23 observations. The data reached an all-time high of 1.971 % in 2001 and a record low of 0.951 % in 2012. Luxembourg LU: Military Expenditure as % of General Government Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Luxembourg's Luxembourg LU: Military Expenditure as % of General Government Expenditure from 1995 to 2017 in the chart:

Luxembourg Luxembourg LU: Military Expenditure as % of General Government Expenditure

What was Luxembourg's Luxembourg LU: Military Expenditure as % of General Government Expenditure in 2017?

Last Previous Min Max Unit Frequency Range
1.207 2017 1.057 2016 0.951 2012 1.971 2001 % yearly 1995 - 2017

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 159,458.330 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 154,419.810 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.287 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 7.0 Sep 2022 quarterly Mar 1996 - Sep 2022
GDP per Capita (USD) 132,485.619 2021 yearly 1995 - 2021
Gross Fixed Capital Formation (USD mn) 4,061.387 Dec 2023 quarterly Mar 1995 - Dec 2023
Gross Savings Rate (%) 52.5 Sep 2022 quarterly Mar 1995 - Sep 2022
Investment: % of GDP (%) 15.6 Sep 2022 quarterly Mar 1995 - Sep 2022
Nominal GDP (USD mn) 22,027.3 Mar 2023 quarterly Mar 1995 - Mar 2023
Nominal GDP Growth (%) 1.823 Dec 2023 quarterly Mar 1996 - Dec 2023
Private Consumption Expenditure (USD mn) 6,995.551 Dec 2023 quarterly Mar 1995 - Dec 2023
Private Consumption: % of GDP (%) 31.2 Sep 2022 quarterly Mar 1995 - Sep 2022
Public Consumption Expenditure (USD mn) 4,330.566 Dec 2023 quarterly Mar 1995 - Dec 2023
Public Consumption: % of GDP (%) 22.4 Dec 2023 quarterly Mar 1995 - Dec 2023
Real GDP Growth (%) -2.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 392.412 Dec 2023 quarterly Mar 1995 - Dec 2023
Gross National Product (GNP) (USD mn) 54,914.989 2022 yearly 1960 - 2022
Production Last Frequency Range
Industrial Production Index Growth (%) -4.6 Jan 2024 monthly Jan 2011 - Jan 2024
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) -17.8 Feb 2013 monthly Jan 2006 - Feb 2013
Construction and Properties Last Frequency Range
Building Permits (Unit) 234.000 Mar 2023 monthly Jan 1992 - Mar 2023
House Prices Growth (%) -14.4 Dec 2023 quarterly Mar 2008 - Dec 2023
Nominal Residential Property Price Index (2010=100) 207.259 Sep 2023 quarterly Mar 2007 - Sep 2023
Nominal Residential Property Price Index Growth (%) -13.624 Sep 2023 quarterly Mar 2008 - Sep 2023
Real Residential Property Price Index (2010=100) 156.725 Sep 2023 quarterly Mar 2007 - Sep 2023
Real Residential Property Price Index Growth (%) -16.958 Sep 2023 quarterly Mar 2008 - Sep 2023
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.3 2023 yearly 1995 - 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
Government Debt: % of GDP (%) 25.7 Dec 2023 quarterly Dec 1997 - Dec 2023
National Government Debt (USD mn) 22,520.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Tax Revenue (USD mn) 24,967.814 2023 yearly 1995 - 2023
Consolidated Fiscal Balance (%) -1.252 2023 yearly 1995 - 2023
Tax Revenue: % of GDP (%) 29.1 2023 yearly 1995 - 2023

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