Luxembourg Consolidated Fiscal Balance

1995 - 2023 | Yearly | % | CEIC Data

Key information about Luxembourg Consolidated Fiscal Balance

  • Luxembourg Consolidated Fiscal Balance recorded a deficit equal to 0.696 % in Dec 2023, compared with a surplus equal to 0.192 % in the previous year.
  • Luxembourg Consolidated Fiscal Balance data is updated yearly, available from Dec 1995 to Dec 2023, with an average ratio of 1.367 %.
  • The data reached an all-time high of 5.623 % in Dec 2001 and a record low of -3.091 % in Dec 2020.

CEIC calculates Consolidated Fiscal Balance as % of Nominal GDP from annual Consolidated Fiscal Balance and annual Nominal GDP. The Statistics Portal of Luxembourg provides Consolidated Fiscal Balance in EUR and Nominal GDP in EUR.

View Luxembourg's Consolidated Fiscal Balance from 1995 to 2023 in the chart:

Luxembourg Consolidated Fiscal Balance

What was Luxembourg's Consolidated Fiscal Balance in 2023?

Luxembourg Consolidated Fiscal Balance recorded a deficit equal to 0.696 % in Dec 2023, compared with a surplus equal to 0.192 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-0.696 2023 0.192 2022 -3.091 2020 5.623 2001 % yearly 1995 - 2023

Consolidated Fiscal Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 780.715 Nov 2024 monthly Dec 1997 - Nov 2024
Algeria (USD mn) -5,868.518 2022 yearly 1997 - 2022
Argentina (USD mn) -1,525.558 Dec 2024 monthly Jan 1993 - Dec 2024
Armenia (USD mn) -53.326 Nov 2024 monthly Jan 2008 - Nov 2024
Australia (USD mn) -20,262.041 Sep 2024 quarterly Sep 2002 - Sep 2024
Austria (USD mn) -4,959.213 Sep 2024 quarterly Mar 2001 - Sep 2024
Azerbaijan (USD mn) -326.765 Dec 2024 monthly Dec 2004 - Dec 2024
Bahrain (USD mn) -2,201.763 2023 yearly 1990 - 2023
Bangladesh (USD mn) -201.083 Sep 2024 monthly Jul 2008 - Sep 2024
Belarus (USD mn) 404.854 Sep 2021 quarterly Dec 2005 - Sep 2021
Belgium (USD mn) -28,081.402 2023 yearly 1970 - 2023
Bolivia (USD mn) -4,372.649 2023 yearly 1990 - 2023
Bosnia and Herzegovina (%) 2.755 Sep 2024 quarterly Dec 2008 - Sep 2024
Botswana (USD mn) -37.355 Jun 2023 monthly Apr 2007 - Jun 2023
Brazil (USD mn) -3,892.594 Dec 2024 monthly Jan 1997 - Dec 2024
Brunei (USD mn) -1,794.468 2023 yearly 2003 - 2023
Bulgaria (%) -3.834 Sep 2024 quarterly Sep 2003 - Sep 2024
Cambodia (USD mn) -52.271 Jul 2024 monthly Jan 2007 - Jul 2024
Canada (USD mn) -5,877.764 Nov 2024 monthly May 1992 - Nov 2024
Chile (USD mn) -7,629.972 2023 yearly 1990 - 2023
China (USD mn) -259,137.171 Dec 2024 monthly Jan 1995 - Dec 2024
Colombia (USD mn) -21,992.937 Mar 2024 quarterly Mar 1995 - Mar 2024
Croatia (USD mn) -963.223 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (USD mn) -24.959 Nov 2024 monthly Jan 2014 - Nov 2024
Czech Republic (USD mn) -1,500.246 Sep 2024 quarterly Mar 1999 - Sep 2024
Denmark (USD mn) 3,083.691 Sep 2024 quarterly Mar 1999 - Sep 2024
Ecuador (USD mn) -868.114 Sep 2024 quarterly Mar 2000 - Sep 2024
Egypt (USD mn) -11,348.296 Nov 2024 monthly Jan 2005 - Nov 2024
Estonia (USD mn) -37.473 Sep 2024 quarterly Mar 1999 - Sep 2024
European Union (USD mn) -650,538.637 2023 yearly 1999 - 2023
Finland (USD mn) -6,239.718 Sep 2024 quarterly Mar 1999 - Sep 2024
France (USD mn) -51,217.773 Sep 2024 quarterly Mar 1957 - Sep 2024
Georgia (USD mn) -388.760 Dec 2024 monthly Jan 2006 - Dec 2024
Germany (USD mn) -34,993.189 Sep 2024 quarterly Mar 1991 - Sep 2024
Ghana (USD mn) -305.529 Jun 2024 monthly Jan 2008 - Jun 2024
Greece (USD mn) 3,590.200 Sep 2024 quarterly Mar 1999 - Sep 2024
Hong Kong SAR, China (USD mn) 6,273.793 Dec 2024 monthly Oct 1998 - Dec 2024
Hungary (USD mn) -1,730.421 Sep 2024 quarterly Mar 1999 - Sep 2024
Iceland (USD mn) -269.054 Sep 2024 quarterly Mar 2002 - Sep 2024
India (USD mn) 7,943.523 Dec 2024 monthly Apr 1997 - Dec 2024
Indonesia (USD mn) -6,617.156 Dec 2024 monthly Jan 2014 - Dec 2024
Iran (USD mn) -13,054.478 Mar 2020 quarterly Jun 2005 - Mar 2020
Ireland (USD mn) 17,481.759 Sep 2024 quarterly Mar 2000 - Sep 2024
Israel (USD mn) -5,311.158 Dec 2024 monthly Jan 1999 - Dec 2024
Italy (USD mn) -13,670.674 Sep 2024 quarterly Mar 1999 - Sep 2024
Ivory Coast (USD mn) -4,144.453 2023 yearly 1960 - 2023
Japan (USD mn) -331,330.503 2023 yearly 1995 - 2023
Jordan (USD mn) 418.759 2018 yearly 1999 - 2018
Kazakhstan (USD mn) 5,487.159 Oct 2024 monthly Nov 2007 - Oct 2024
Kenya (%) -2.047 Sep 2024 quarterly Dec 2009 - Sep 2024
South Korea (USD mn) 1,637.253 Nov 2024 monthly Jul 1999 - Nov 2024
Kosovo (USD mn) 49.040 Oct 2023 monthly Jan 2006 - Oct 2023
Kuwait (USD mn) -5,077.511 2023 yearly 1988 - 2023
Kyrgyzstan (USD mn) 118.040 Nov 2024 monthly Jan 2007 - Nov 2024
Laos (USD mn) 96.753 2023 yearly 2010 - 2023
Latvia (USD mn) 330.230 Jun 2024 quarterly Mar 1999 - Jun 2024
Lebanon (USD mn) 405.307 Dec 2021 monthly Jan 1998 - Dec 2021
Lithuania (USD mn) -144.952 Sep 2024 quarterly Mar 1999 - Sep 2024
Luxembourg (%) -0.696 2023 yearly 1995 - 2023
Macau SAR, China (%) 7.297 Sep 2024 quarterly Dec 2003 - Sep 2024
North Macedonia (USD mn) -685.568 2023 yearly 2009 - 2023
Malawi (USD mn) -97.698 Nov 2024 monthly Oct 2005 - Nov 2024
Malaysia (USD mn) -23,593.390 2023 yearly 1970 - 2023
Malta (USD mn) 31.881 Sep 2024 quarterly Mar 1999 - Sep 2024
Mauritius (%) -6.322 Mar 2024 quarterly Dec 2010 - Mar 2024
Mexico (USD mn) -30,528.748 Dec 2024 monthly Jan 1977 - Dec 2024
Moldova (USD mn) -857.246 2023 yearly 1998 - 2023
Mongolia (USD mn) -628.684 Dec 2024 monthly Jan 2000 - Dec 2024
Montenegro (USD mn) -240.284 Dec 2024 monthly Jan 2012 - Dec 2024
Morocco (USD mn) -6,426.228 Dec 2024 monthly Jan 2000 - Dec 2024
Mozambique (USD mn) 388.757 Dec 2016 quarterly Mar 2002 - Dec 2016
Myanmar (USD mn) -5,489.382 2021 yearly 1980 - 2021
Nepal (USD mn) -271.398 Dec 2024 quarterly Mar 2017 - Dec 2024
Netherlands (USD mn) 5,295.575 Jun 2024 quarterly Mar 1999 - Jun 2024
New Zealand (USD mn) 5,246.112 Sep 2024 quarterly Mar 1999 - Sep 2024
Nigeria (USD mn) -2,078.997 Sep 2024 quarterly Mar 2005 - Sep 2024
Norway (USD mn) 14,124.789 Sep 2024 quarterly Mar 2002 - Sep 2024
Oman (USD mn) 114.434 Oct 2024 monthly Jun 2003 - Oct 2024
Pakistan (USD mn) -13,794.405 2024 yearly 1991 - 2024
Palestinian Territory (USD mn) -619.800 2020 yearly 2010 - 2020
Panama (USD mn) -2,462.500 2023 yearly 2003 - 2023
Paraguay (USD mn) -232.584 Dec 2024 monthly Jan 2003 - Dec 2024
Peru (USD mn) -4,505.626 Sep 2024 quarterly Mar 1990 - Sep 2024
Philippines (USD mn) -3,628.488 Nov 2024 monthly Jan 1985 - Nov 2024
Poland (USD mn) -42,804.298 2023 yearly 1995 - 2023
Portugal (USD mn) 4,773.494 Sep 2024 quarterly Mar 1995 - Sep 2024
Qatar (USD mn) 247.253 Dec 2024 quarterly Mar 2011 - Dec 2024
Romania (%) -7.513 Sep 2024 quarterly Dec 2004 - Sep 2024
Russia (USD mn) -5,945.833 Nov 2024 monthly Jan 1993 - Nov 2024
Saudi Arabia (USD mn) -30,666.667 2024 yearly 1969 - 2024
Serbia (USD mn) -1,195.190 Dec 2024 monthly Jan 2005 - Dec 2024
Singapore (USD mn) -8,876.703 Dec 2024 monthly Apr 2011 - Dec 2024
Slovakia (USD mn) -167.767 Jan 2025 monthly Jan 2005 - Jan 2025
Slovenia (USD mn) -484.147 Dec 2024 monthly Jan 2000 - Dec 2024
South Africa (USD mn) 1,173.771 Dec 2024 monthly Jan 1990 - Dec 2024
Spain (USD mn) 10,239.818 Sep 2024 quarterly Mar 1995 - Sep 2024
Sri Lanka (%) -5.559 Sep 2024 quarterly Dec 2014 - Sep 2024
Sudan (USD mn) -196.813 2021 yearly 2001 - 2021
Sweden (USD mn) -3,650.675 2023 yearly 1995 - 2023
Switzerland (USD mn) 4,837.034 2024 yearly 1990 - 2024

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Luxembourg Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.7 2023 yearly 1995 - 2023
Tax Revenue (USD mn) 25,176.022 2023 yearly 1995 - 2023
Tax Revenue: % of GDP (%) 29.4 2023 yearly 1995 - 2023
National Government Debt (USD mn) 24,343.2 Sep 2024 quarterly Dec 1995 - Sep 2024
Government Debt: % of GDP (%) 26.6 Sep 2024 quarterly Dec 1997 - Sep 2024
Forecast: Government Expenditure (EUR bn) 52.013 2029 yearly 1995 - 2029
Forecast: Government Net Debt (EUR bn) 32.210 2029 yearly 1995 - 2029
Forecast: Government Revenue (EUR bn) 50.231 2029 yearly 1995 - 2029
General Government Debt: Consolidated (EUR mn) 21,842.266 Sep 2024 quarterly Dec 1995 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.400 2029 yearly 1987 - 2029
Trade Balance (USD mn) -767.9 Nov 2024 monthly Jan 1988 - Nov 2024
Total Exports (USD mn) 1,298.5 Nov 2024 monthly Jan 1988 - Nov 2024
Total Exports Growth (%) -3.2 Nov 2024 monthly Jan 1989 - Nov 2024
Aluminum: Exports (USD th) 413,397.902 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 128,091.639 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 26,657.616 2023 yearly 1995 - 2023
Total Imports (USD mn) 2,066.4 Nov 2024 monthly Jan 1988 - Nov 2024
Total Imports Growth (%) -10.8 Apr 2023 monthly Jan 1989 - Apr 2023
Imports: Medicament (USD th) 565,025.761 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 534,366.476 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 46.288 Nov 2024 monthly Jan 1988 - Nov 2024
Total Imports from USA (USD mn) 95.471 Nov 2024 monthly Jan 1988 - Nov 2024
Total Exports to China (USD mn) 17.597 Oct 2024 monthly Jan 1997 - Oct 2024
Total Imports from China (USD mn) 214.400 2023 yearly 1993 - 2023
Trade Balance: sa (EUR mn) -723.033 Nov 2024 monthly Jan 1988 - Nov 2024
Exports (EUR mn) 1,246.206 Nov 2024 monthly Jan 1988 - Nov 2024
Imports (EUR mn) 1,988.513 Nov 2024 monthly Jan 1988 - Nov 2024
Exports: sa (EUR mn) 1,222.567 Nov 2024 monthly Jan 1988 - Nov 2024
Imports: sa (EUR mn) 1,945.600 Nov 2024 monthly Jan 1988 - Nov 2024
Total Exports: MoM: sa (%) -3.311 Nov 2024 monthly Feb 1988 - Nov 2024
Total Exports: YoY (%) -3.073 Nov 2024 monthly Jan 1989 - Nov 2024
Total Imports: MoM: sa (%) -0.218 Nov 2024 monthly Feb 1988 - Nov 2024
Total Imports: YoY (%) -1.143 Nov 2024 monthly Jan 1989 - Nov 2024
Exports: Other Manufactured Goods (EUR mn) 189.527 Nov 2024 monthly Jan 1988 - Nov 2024
Exports: Chemicals and Related Products (EUR mn) 161.993 Nov 2024 monthly Jan 1988 - Nov 2024
Exports: Base Metal Products (EUR mn) 237.035 Nov 2024 monthly Jan 1988 - Nov 2024
Exports: Machinery and Equipment (EUR mn) 210.336 Nov 2024 monthly Jan 1988 - Nov 2024
Exports: Transport Equipment (EUR mn) 149.098 Nov 2024 monthly Jan 1988 - Nov 2024
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 196.897 Nov 2024 monthly Jan 1988 - Nov 2024
Exports: America: ow United States of America (EUR mn) 43.582 Nov 2024 monthly Jan 1988 - Nov 2024
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 171.221 Nov 2024 monthly Jan 1988 - Nov 2024
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 303.920 Nov 2024 monthly Jan 1988 - Nov 2024
Exports: European Union (EUR mn) 995.099 Nov 2024 monthly Jan 1988 - Nov 2024
Exports: Asia: ow Japan (EUR mn) 2.890 Nov 2024 monthly Jan 1988 - Nov 2024
Imports: Food Products and Live Animals (EUR mn) 189.600 Nov 2024 monthly Jan 1988 - Nov 2024
Imports: Machinery and Equipment (EUR mn) 285.854 Nov 2024 monthly Jan 1988 - Nov 2024
Imports: Mineral Fuels and Lubricants (EUR mn) 244.553 Nov 2024 monthly Jan 1988 - Nov 2024
Imports: Transport Equipment (EUR mn) 339.124 Nov 2024 monthly Jan 1988 - Nov 2024
Imports: Chemicals and Related Products (EUR mn) 249.011 Nov 2024 monthly Jan 1988 - Nov 2024
Imports: European Union (EUR mn) 1,822.405 Nov 2024 monthly Jan 1988 - Nov 2024
Imports: European Union: ow European Monetary Union: ow France (EUR mn) 255.299 Nov 2024 monthly Jan 1988 - Nov 2024
Imports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 642.481 Nov 2024 monthly Jan 1988 - Nov 2024
Imports: Asia: ow Japan (EUR mn) 12.637 Nov 2024 monthly Jan 1988 - Nov 2024
Imports: European Union: ow European Monetary Union: ow Germany (EUR mn) 560.594 Nov 2024 monthly Jan 1988 - Nov 2024
Imports: America: ow United States of America (EUR mn) 89.889 Nov 2024 monthly Jan 1988 - Nov 2024
Export Value Index (2015=100) 96.991 2021 yearly 1995 - 2021
Import Value Index (2015=100) 110.828 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -26,869.6 Sep 2024 quarterly Mar 2002 - Sep 2024
Current Account Balance (USD mn) 2,429.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Current Account Balance: % of GDP (%) 10.8 Sep 2024 quarterly Mar 1995 - Sep 2024
Foreign Direct Investment (USD mn) -26,861.8 Sep 2024 quarterly Mar 2002 - Sep 2024
Foreign Direct Investment: % of GDP (%) -119.8 Sep 2024 quarterly Mar 2002 - Sep 2024
Foreign Portfolio Investment (USD mn) 22,177.781 Sep 2024 quarterly Mar 2002 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 98.9 Sep 2024 quarterly Mar 2002 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 12,482.4 Sep 2024 quarterly Mar 2002 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 9,683.611 Sep 2024 quarterly Mar 2002 - Sep 2024
External Debt (USD mn) 3,929,684.1 Sep 2024 quarterly Dec 2002 - Sep 2024
External Debt: % of GDP (%) 4,446.8 2023 yearly 2002 - 2023
External Debt: Short Term (USD mn) 1,088,503.7 Sep 2024 quarterly Dec 2002 - Sep 2024
External Debt: Short Term: % of GDP (%) 1,154.1 2023 yearly 2002 - 2023
Total Debt: % of GDP (%) 7,257.0 Sep 2024 quarterly Dec 1995 - Sep 2024
Forecast: Current Account Balance (USD bn) 8.028 2029 yearly 1995 - 2029
Net International Investment Position (USD mn) 34,398.299 Sep 2024 quarterly Dec 2002 - Sep 2024
BoP: FA: PI: DS: Liabilities (EUR mn) 8,816.544 Sep 2024 quarterly Mar 2002 - Sep 2024
BoP: FA: Portfolio Investment (PI) (EUR mn) 13,000.226 Sep 2024 quarterly Mar 2002 - Sep 2024
IIP: Assets (EUR mn) 12,362,751.139 Sep 2024 quarterly Dec 2002 - Sep 2024
IIP: Liabilities (EUR mn) 12,331,886.806 Sep 2024 quarterly Dec 2002 - Sep 2024
International Investment Position (IIP): Net (EUR mn) 30,864.333 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government: Long Term (EUR mn) 11,545.953 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government: Short Term (EUR mn) 0.000 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt (EUR mn) 3,525,961.513 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government (EUR mn) 11,545.953 Sep 2024 quarterly Dec 2002 - Sep 2024
Number of Bankruptcies: NACE 2 (Unit) 1,189.000 2024 yearly 2000 - 2024
Number of Enterprises: NACE 2: New (Unit) 4,747.000 2022 yearly 2003 - 2022
Number of Enterprises: NACE 2: Active (Unit) 45,021.000 2022 yearly 2003 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Household Debt: % of GDP (%) 64.5 Sep 2024 quarterly Dec 1995 - Sep 2024
Money Supply M1 (USD mn) 304,940.461 Dec 2024 monthly Jan 1999 - Dec 2024
Money Supply M2 (USD mn) 402,446.881 Dec 2024 monthly Jan 1999 - Dec 2024
M2 Growth (%) 7.1 Dec 2024 monthly Jan 2000 - Dec 2024
Reserve Requirement Ratio (%) 1.0 Dec 2024 monthly Jan 1999 - Dec 2024
Foreign Exchange Reserves (USD mn) 44.7 Jan 2025 monthly Jan 1999 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 0.220 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 0.0 Nov 2024 monthly Jan 1999 - Nov 2024
Gold Reserves (USD mn) 204.005 Jan 2025 monthly Jan 1999 - Jan 2025
Total Deposits (USD mn) 808,188.175 Dec 2024 quarterly Mar 2003 - Dec 2024
Total Deposits Growth (%) 0.9 Dec 2024 quarterly Mar 2004 - Dec 2024
Domestic Credit (USD mn) 153,629.7 Oct 2024 monthly Jan 1999 - Oct 2024
Domestic Credit Growth (%) 1.9 Oct 2024 monthly Jan 2000 - Oct 2024
Credit to Households (USD bn) 58.915 Jun 2024 quarterly Mar 1995 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 403.186 Jun 2024 quarterly Mar 1995 - Jun 2024
Household Debt (USD mn) 57,107.4 Mar 2023 quarterly Mar 1995 - Mar 2023
Total Loans (USD mn) 704,265.480 Dec 2024 monthly Jan 2001 - Dec 2024
Total Loans Growth (%) -0.74 Dec 2024 monthly Jan 2002 - Dec 2024
Private Debt: % of Nominal GDP (%) 88.31 Sep 2024 quarterly Mar 1999 - Sep 2024
Money Supply: M3 (EUR bn) 535.300 Dec 2024 monthly Jan 1999 - Dec 2024
Money Supply: M3: M2 (EUR bn) 388.800 Dec 2024 monthly Jan 1999 - Dec 2024
Money Supply: M3: M2: M1 (EUR bn) 294.600 Dec 2024 monthly Jan 1999 - Dec 2024
Money Supply: M3: M2: M1: Currency in Circulation (EUR bn) 3.600 Mar 2019 monthly Jan 1999 - Mar 2019
Official Reserve Assets: Foreign Exchange (EUR mn) 42.964 Jan 2025 monthly Jan 1999 - Jan 2025
Official Reserve Assets (EUR mn) 2,718.838 Jan 2025 monthly Jan 1999 - Jan 2025
Bank Deposits: Domestic (EUR mn) 312,273.000 Dec 2024 monthly Jan 2003 - Dec 2024
Bank Loans: Domestic: Credit Institutions (EUR mn) 143,126.271 Dec 2024 monthly Jan 1999 - Dec 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 1.1 Jan 2025 monthly Jan 1986 - Jan 2025

More Indicators for Luxembourg

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