Luxembourg recorded a government debt equivalent to 22.10 percent of the country's Gross Domestic Product in 2019.
Government Debt to GDP in Luxembourg averaged 14.20 percent from 1995 until 2019, reaching an all time high of 23.70 percent in 2013 and a record low of 7.40 percent in 2002. This page provides - Luxembourg Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.
Government Debt to GDP in Luxembourg is expected to reach 23.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Government Debt to GDP is projected to trend around 25.50 percent in 2021 and 26.20 percent in 2022, according to our econometric models.