Luxembourg Public Consumption: % of GDP

1995 - 2024 | Quarterly | % | CEIC Data

Key information about Luxembourg Public Consumption: % of GDP

  • Luxembourg Public Consumption accounted for 19.2 % of its Nominal GDP in Sep 2024, compared with a share of 18.8 % in the previous quarter.
  • Luxembourg Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1995 to Sep 2024, with an average number of 15.8 %.
  • The data reached an all-time high of 22.5 % in Dec 2023 and a record low of 13.4 % in Jun 2007.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The Statistics Portal of Luxembourg provides Government Consumption Expenditure in EUR and Nominal GDP in EUR.


Related information about Luxembourg Public Consumption: % of GDP

  • In the latest reports, Luxembourg GDP contracted 0.4 % YoY in Mar 2023.
  • Luxembourg Nominal GDP reached 22.0 USD bn in Mar 2023.
  • Its GDP deflator (implicit price deflator) increased 7.1 % in Mar 2023.
  • Luxembourg GDP Per Capita reached 124,327.5 USD in Dec 2022.
  • Its Gross Savings Rate was measured at 52.5 % in Mar 2023.
  • For Nominal GDP contributions, Investment accounted for 17.9 % in Mar 2023.
  • Private Consumption accounted for 30.2 % in Mar 2023.

View Luxembourg's Public Consumption: % of GDP from Mar 1995 to Sep 2024 in the chart:

Luxembourg Public Consumption: % of GDP

What was Luxembourg's Public Consumption: % of GDP in Sep 2024?

Luxembourg Public Consumption accounted for 19.2 % of its Nominal GDP in Sep 2024, compared with a share of 18.8 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
19.2 Sep 2024 18.8 Jun 2024 13.4 Jun 2007 22.5 Dec 2023 % quarterly Mar 1995 - Sep 2024

Public Consumption: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 9.4 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 16.9 2023 yearly 1950 - 2023
Argentina (%) 14.1 Sep 2024 quarterly Mar 1993 - Sep 2024
Armenia (%) 11.3 Sep 2024 quarterly Dec 1994 - Sep 2024
Australia (%) 20.4 Dec 2022 quarterly Sep 1959 - Dec 2022
Austria (%) 21.8 Sep 2024 quarterly Mar 1988 - Sep 2024
Azerbaijan (%) 12.9 Sep 2024 quarterly Mar 2001 - Sep 2024
Bahrain (%) 14.6 2023 yearly 1975 - 2023
Bangladesh (%) 5.6 2024 yearly 1973 - 2024
Belarus (%) 16.3 Sep 2024 quarterly Mar 1994 - Sep 2024
Belgium (%) 24.4 Jun 2024 quarterly Mar 1980 - Jun 2024
Bolivia (%) 20.4 Jun 2024 quarterly Mar 1990 - Jun 2024
Bosnia and Herzegovina (%) 17.1 Sep 2024 quarterly Mar 2008 - Sep 2024
Botswana (%) 33.6 Sep 2024 quarterly Mar 2006 - Sep 2024
Brazil (%) 17.9 Sep 2024 quarterly Mar 1996 - Sep 2024
Brunei (%) 17.6 Sep 2022 quarterly Mar 2004 - Sep 2022
Bulgaria (%) 20.8 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (%) 5.9 2022 yearly 1993 - 2022
Canada (%) 20.6 Sep 2024 quarterly Mar 1961 - Sep 2024
Chile (%) 14.9 Sep 2024 quarterly Mar 1996 - Sep 2024
China (%) 16.5 2023 yearly 1952 - 2023
Colombia (%) 13.5 Sep 2024 quarterly Mar 2005 - Sep 2024
Croatia (%) 19.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Cyprus (%) 17.6 Sep 2024 quarterly Mar 1995 - Sep 2024
Czech Republic (%) 22.6 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (%) 22.3 Sep 2024 quarterly Mar 1990 - Sep 2024
Ecuador (%) 13.7 Jun 2024 quarterly Mar 1991 - Jun 2024
Egypt (%) 4.9 Sep 2024 quarterly Sep 2001 - Sep 2024
Estonia (%) 19.5 Sep 2024 quarterly Mar 1993 - Sep 2024
European Union (%) 20.8 Sep 2024 quarterly Mar 1995 - Sep 2024
Finland (%) 23.8 Dec 2022 quarterly Mar 1975 - Dec 2022
France (%) 24.4 Sep 2024 quarterly Mar 1980 - Sep 2024
Georgia (%) 12.0 Sep 2024 quarterly Mar 1996 - Sep 2024
Germany (%) 21.8 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 5.9 2023 yearly 2006 - 2023
Greece (%) 16.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Hong Kong SAR, China (%) 13.7 Dec 2022 quarterly Mar 1973 - Dec 2022
Hungary (%) 19.9 Sep 2024 quarterly Mar 1995 - Sep 2024
Iceland (%) 25.8 Jun 2024 quarterly Mar 1995 - Jun 2024
India (%) 10.1 Sep 2024 quarterly Jun 1996 - Sep 2024
Indonesia (%) 9.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Iran (%) 16.4 Mar 2024 quarterly Jun 1988 - Mar 2024
Ireland (%) 10.1 Sep 2024 quarterly Mar 1995 - Sep 2024
Israel (%) 24.1 Sep 2024 quarterly Mar 1995 - Sep 2024
Italy (%) 16.5 Sep 2024 quarterly Mar 1980 - Sep 2024
Ivory Coast (%) 10.3 2023 yearly 1960 - 2023
Japan (%) 20.4 Mar 2023 quarterly Mar 1980 - Mar 2023
Jordan (%) 18.3 2023 yearly 1963 - 2023
Kazakhstan (%) 8.7 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 11.9 2023 yearly 1960 - 2023
South Korea (%) 16.6 Sep 2024 quarterly Mar 1960 - Sep 2024
Kosovo (%) 13.0 Dec 2022 quarterly Mar 2010 - Dec 2022
Kuwait (%) 20.7 2022 yearly 1962 - 2022
Kyrgyzstan (%) 17.9 Dec 2022 quarterly Mar 2000 - Dec 2022
Laos (%) 14.0 2016 yearly 2000 - 2016
Latvia (%) 19.9 Sep 2024 quarterly Mar 1992 - Sep 2024
Lebanon (%) 6.8 2021 yearly 1990 - 2021
Lithuania (%) 15.4 Sep 2024 quarterly Mar 1993 - Sep 2024
Luxembourg (%) 19.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Macau SAR, China (%) 11.3 Sep 2024 quarterly Mar 1998 - Sep 2024
North Macedonia (%) 16.0 Sep 2024 quarterly Mar 2000 - Sep 2024
Malawi (%) 13.9 2019 yearly 1960 - 2019
Malaysia (%) 11.4 Sep 2024 quarterly Mar 1991 - Sep 2024
Malta (%) 16.1 Sep 2024 quarterly Mar 1992 - Sep 2024
Mauritius (%) 14.3 Sep 2024 quarterly Mar 1999 - Sep 2024
Mexico (%) 11.1 Sep 2024 quarterly Mar 1993 - Sep 2024
Moldova (%) 13.9 Sep 2024 quarterly Mar 1995 - Sep 2024
Mongolia (%) 20.1 Dec 2022 quarterly Mar 2010 - Dec 2022
Montenegro (%) 13.8 Sep 2022 quarterly Mar 2010 - Sep 2022
Morocco (%) 19.1 Jun 2024 quarterly Mar 2007 - Jun 2024
Mozambique (%) 17.2 2023 yearly 1963 - 2022
Nepal (%) 6.3 2024 yearly 1975 - 2024
Netherlands (%) 24.3 Mar 2023 quarterly Mar 1977 - Mar 2023
New Zealand (%) 22.1 Sep 2024 quarterly Jun 1987 - Sep 2024
Nigeria (%) 4.3 2023 yearly 1981 - 2023
Norway (%) 23.7 Sep 2024 quarterly Mar 1978 - Sep 2024
Oman (%) 18.5 2023 yearly 1980 - 2023
Pakistan (%) 8.5 2024 yearly 1960 - 2024
Palestinian Territory (%) 21.7 Sep 2024 quarterly Mar 2011 - Sep 2024
Panama (%) 13.7 2021 yearly 1996 - 2021
Paraguay (%) 13.0 Sep 2024 quarterly Mar 1994 - Sep 2024
Peru (%) 12.9 Sep 2024 quarterly Mar 1980 - Sep 2024
Philippines (%) 13.8 Dec 2022 quarterly Mar 1981 - Dec 2022
Poland (%) 20.4 Jun 2024 quarterly Mar 1995 - Jun 2024
Portugal (%) 20.4 Dec 2022 quarterly Mar 1995 - Dec 2022
Qatar (%) 13.1 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 15.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Russia (%) 17.5 Dec 2022 quarterly Mar 1993 - Dec 2022
Saudi Arabia (%) 23.9 Sep 2024 quarterly Mar 2003 - Sep 2024
Serbia (%) 17.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Singapore (%) 10.2 2023 yearly 1960 - 2023
Slovakia (%) 24.6 Dec 2022 quarterly Mar 1990 - Dec 2022
Slovenia (%) 19.9 Sep 2024 quarterly Mar 1995 - Sep 2024
South Africa (%) 19.3 Sep 2024 quarterly Mar 1960 - Sep 2024
Spain (%) 19.2 Mar 2023 quarterly Mar 1980 - Mar 2023
Sri Lanka (%) 5.9 Mar 2023 quarterly Mar 2010 - Mar 2023
Sudan (%) 16.2 2023 yearly 1960 - 2023
Sweden (%) 25.8 Dec 2022 quarterly Mar 1980 - Dec 2022
Switzerland (%) 11.7 Sep 2024 quarterly Mar 1980 - Sep 2024
Syria (%) 2.7 2022 yearly 1963 - 2022

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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) -726.2 Oct 2024 monthly Jan 1988 - Oct 2024
Total Exports (USD mn) 1,371.9 Oct 2024 monthly Jan 1988 - Oct 2024
Total Exports Growth (%) -1.2 Oct 2024 monthly Jan 1989 - Oct 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) 2,098.1 Oct 2024 monthly Jan 1988 - Oct 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) 48.608 Oct 2024 monthly Jan 1988 - Oct 2024
Total Imports from USA (USD mn) 79.234 Oct 2024 monthly Jan 1988 - Oct 2024
Total Exports to China (USD mn) 16.480 Sep 2024 monthly Jan 1997 - Sep 2024
Total Imports from China (USD mn) 214.400 2023 yearly 1993 - 2023
Trade Balance: sa (EUR mn) -666.562 Oct 2024 monthly Jan 1988 - Oct 2024
Exports (EUR mn) 1,294.590 Oct 2024 monthly Jan 1988 - Oct 2024
Imports: sa (EUR mn) 1,925.737 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: sa (EUR mn) 1,259.175 Oct 2024 monthly Jan 1988 - Oct 2024
Total Exports: MoM: sa (%) 5.990 Oct 2024 monthly Feb 1988 - Oct 2024
Total Exports: YoY (%) -1.144 Oct 2024 monthly Jan 1989 - Oct 2024
Total Imports: MoM: sa (%) -2.158 Oct 2024 monthly Feb 1988 - Oct 2024
Total Imports: YoY (%) -2.852 Oct 2024 monthly Jan 1989 - Oct 2024
Exports: Chemicals and Related Products (EUR mn) 163.719 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: Other Manufactured Goods (EUR mn) 201.768 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: Base Metal Products (EUR mn) 260.729 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: Machinery and Equipment (EUR mn) 204.463 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: Transport Equipment (EUR mn) 152.817 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 204.596 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: European Union (EUR mn) 1,058.485 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: America: ow United States of America (EUR mn) 44.615 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 315.411 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 180.777 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: Asia: ow Japan (EUR mn) 5.019 Oct 2024 monthly Jan 1988 - Oct 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) 72,142.9 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 5,697.134 Jun 2024 quarterly Mar 2002 - Jun 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 (%) 7,288.7 Jun 2024 quarterly Dec 1995 - Jun 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
International Investment Position (IIP): Net (EUR mn) 30,864.333 Sep 2024 quarterly Dec 2002 - Sep 2024
IIP: Liabilities (EUR mn) 12,331,886.806 Sep 2024 quarterly Dec 2002 - Sep 2024
IIP: Assets (EUR mn) 12,362,751.139 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: Short Term (EUR mn) 0.000 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government (EUR mn) 11,545.953 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
Number of Bankruptcies: NACE 2 (Unit) 935.000 2023 yearly 2000 - 2023
Number of Enterprises: NACE 2: New (Unit) 3,178.000 2020 yearly 2003 - 2020
Number of Enterprises: NACE 2: Active (Unit) 40,997.000 2020 yearly 2003 - 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Household Debt: % of GDP (%) 67.9 Jun 2024 quarterly Dec 1995 - Jun 2024
Money Supply M1 (USD mn) 316,199.060 Nov 2024 monthly Jan 1999 - Nov 2024
Money Supply M2 (USD mn) 413,969.750 Nov 2024 monthly Jan 1999 - Nov 2024
M2 Growth (%) 4.7 Nov 2024 monthly Jan 2000 - Nov 2024
Reserve Requirement Ratio (%) 1.0 Nov 2024 monthly Jan 1999 - Nov 2024
Foreign Exchange Reserves (USD mn) 43.7 Nov 2024 monthly Jan 1999 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 0.220 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 0.1 Oct 2024 monthly Jan 1999 - Oct 2024
Gold Reserves (USD mn) 191.603 Nov 2024 monthly Jan 1999 - Nov 2024
Total Deposits (USD mn) 867,652.624 Sep 2024 quarterly Mar 2003 - Sep 2024
Total Deposits Growth (%) -0.1 Sep 2024 quarterly Mar 2004 - Sep 2024
Domestic Credit (USD mn) 158,092.7 Aug 2024 monthly Jan 1999 - Aug 2024
Domestic Credit Growth (%) 2.9 Aug 2024 monthly Jan 2000 - Aug 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) 728,325.195 Nov 2024 monthly Jan 2001 - Nov 2024
Total Loans Growth (%) -0.59 Nov 2024 monthly Jan 2002 - Nov 2024
Private Debt: % of Nominal GDP (%) 88.31 Sep 2024 quarterly Mar 1999 - Sep 2024
Money Supply: M3 (EUR bn) 527.600 Nov 2024 monthly Jan 1999 - Nov 2024
Money Supply: M3: M2: M1 (EUR bn) 299.800 Nov 2024 monthly Jan 1999 - Nov 2024
Money Supply: M3: M2 (EUR bn) 392.500 Nov 2024 monthly Jan 1999 - Nov 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) 41.459 Nov 2024 monthly Jan 1999 - Nov 2024
Official Reserve Assets (EUR mn) 2,672.320 Nov 2024 monthly Jan 1999 - Nov 2024
Bank Deposits: Domestic (EUR mn) 314,598.500 Nov 2024 monthly Jan 2003 - Nov 2024
Bank Loans: Domestic: Credit Institutions (EUR mn) 146,209.030 Nov 2024 monthly Jan 1999 - Nov 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 14.6 Nov 2024 monthly Jan 1986 - Nov 2024

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