Luxembourg recorded a Government Budget surplus equal to 1.50 percent of the country's Gross Domestic Product in 2017. Government Budget in Luxembourg averaged 1.85 percent of GDP from 1995 until 2017, reaching an all time high of 5.90 percent of GDP in 2000 and a record low of -1.30 percent of GDP in 2004.
Government Budget in Luxembourg is expected to be 2.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Government Budget is projected to trend around 2.50 percent of GDP in 2020, according to our econometric models.