Ratio of government expenditure to GDP in Luxembourg 1995-2030

The ratio of government expenditure to GDP in Luxembourg was estimated at about 46.91 percent in 2024. Between 1995 and 2024, the ratio rose by approximately 4.93 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio will steadily rise by around 3.38 percentage points over the period from 2024 to 2030, reflecting a clear upward trend.

Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.