Government Budget Value in Luxembourg decreased to 1542.70 EUR Million in 2019 from 1841.40 EUR Million in 2018. source: Banque Centrale Du Luxembourg

Government Budget Value in Luxembourg averaged 646.32 EUR Million from 1995 until 2019, reaching an all time high of 1841.40 EUR Million in 2018 and a record low of -358.40 EUR Million in 2004. This page provides - Luxembourg Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Government Budget Value - values, historical data and charts - was last updated on May of 2021.

Government Budget Value in Luxembourg is expected to reach 950.23 EUR Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Government Budget Value is projected to trend around 950.23 EUR Million in 2022, according to our econometric models.

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Luxembourg Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
1542.70 1841.40 1841.40 -358.40 1995 - 2019 EUR Million Yearly
Current Prices, NSA

Luxembourg Government Last Previous Highest Lowest Unit
Government Debt to GDP 24.90 22.00 24.90 7.40 percent [+]
Government Budget -4.10 2.40 5.60 -4.10 percent of GDP [+]
Government Budget Value 1542.70 1841.40 1841.40 -358.40 EUR Million [+]
Government Spending 2396.80 2375.00 2396.80 958.10 EUR Million [+]
Government Spending to GDP 42.60 42.30 45.70 37.90 percent [+]
Government Revenues 28353.50 27202.10 28353.50 6838.20 EUR Million [+]
Fiscal Expenditure 26810.70 25360.80 26810.70 6417.20 EUR Million [+]
Military Expenditure 444.00 393.00 444.00 26.60 USD Million [+]
Credit Rating 100.00 [+]
Asylum Applications 110.00 110.00 430.00 25.00 persons [+]


Luxembourg Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.