Luxembourg recorded a government budget surplus of 839.20 EUR Million in 2017. Government Budget Value in Luxembourg averaged 540.28 EUR Million from 1995 until 2017, reaching an all time high of 1543.40 EUR Million in 2007 and a record low of -358.40 EUR Million in 2004.

Government Budget Value in Luxembourg is expected to be 778.69 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Government Budget Value is projected to trend around 532.69 EUR Million in 2020, according to our econometric models.

Luxembourg Government Budget Value
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Luxembourg Government Last Previous Highest Lowest Unit
Government Debt to GDP 23.00 20.80 23.70 6.50 percent [+]
Government Budget 1.50 1.60 5.90 -1.30 percent of GDP [+]
Government Budget Value 839.20 855.70 1543.40 -358.40 EUR Million [+]
Government Spending 2137.10 2105.60 2137.10 1183.30 EUR Million [+]
Government Spending to GDP 42.90 42.10 45.70 37.80 percent [+]
Government Revenues 24571.40 23186.40 24571.40 6838.20 EUR Million [+]
Fiscal Expenditure 23732.20 22330.70 23732.20 6417.20 EUR Million [+]
Military Expenditure 293.50 276.10 293.50 24.20 USD Million [+]
Credit Rating 100.00 [+]
Asylum Applications 140.00 150.00 430.00 40.00 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. This page provides - Luxembourg Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Government Budget Value - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
839.20 855.70 1543.40 -358.40 1995 - 2017 EUR Million Yearly
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Argentina -135316.20 Dec/18
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Brazil -50631.00 Nov/18
Canada -1113.00 Oct/18
China -286.50 Nov/18
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Germany 36.06 Jun/18
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Spain -12378.00 Nov/18
Switzerland 2176.00 Dec/19
Turkey 5198837.00 Nov/18
United Kingdom -3181.00 Nov/18
United States -205000.00 Nov/18


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