Luxembourg LU: Military Expenditure: % of Central Government Expenditure

1972 - 2016 | Yearly | % | World Bank

Luxembourg LU: Military Expenditure: % of Central Government Expenditure data was reported at 1.207 % in 2017. This records an increase from the previous number of 1.057 % for 2016. Luxembourg LU: Military Expenditure: % of Central Government Expenditure data is updated yearly, averaging 1.487 % from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 1.971 % in 2001 and a record low of 0.951 % in 2012. Luxembourg LU: Military Expenditure: % of Central Government Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Luxembourg's Luxembourg LU: Military Expenditure: % of Central Government Expenditure from 1972 to 2016 in the chart:

Luxembourg Luxembourg LU: Military Expenditure: % of Central Government Expenditure

What was Luxembourg's Luxembourg LU: Military Expenditure: % of Central Government Expenditure in 2016?

Last Previous Min Max Unit Frequency Range
1.28 2016 1.23 2015 1.02 2012 2.96 1988 % yearly 1972 - 2016

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Luxembourg Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 169,008.744 2029 yearly 1980 - 2029
Forecast: Nominal GDP Per Capita (USD) 155,203.765 2029 yearly 1980 - 2029
Forecast: Real GDP Growth (%) 2.287 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 7.0 Sep 2022 quarterly Mar 1996 - Sep 2022
GDP per Capita (USD) 132,485.619 2021 yearly 1995 - 2021
Gross Fixed Capital Formation (USD mn) 3,800.886 Jun 2024 quarterly Mar 1995 - Jun 2024
Gross Savings Rate (%) 52.5 Sep 2022 quarterly Mar 1995 - Sep 2022
Investment: % of GDP (%) 15.6 Sep 2022 quarterly Mar 1995 - Sep 2022
Nominal GDP (USD mn) 22,027.3 Mar 2023 quarterly Mar 1995 - Mar 2023
Nominal GDP Growth (%) 2.967 Jun 2024 quarterly Mar 1996 - Jun 2024
Private Consumption Expenditure (USD mn) 7,129.531 Jun 2024 quarterly Mar 1995 - Jun 2024
Private Consumption: % of GDP (%) 31.2 Sep 2022 quarterly Mar 1995 - Sep 2022
Public Consumption Expenditure (USD mn) 4,400.120 Jun 2024 quarterly Mar 1995 - Jun 2024
Public Consumption: % of GDP (%) 18.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Real GDP Growth (%) -2.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 388.449 Jun 2024 quarterly Mar 1995 - Jun 2024
Gross National Product (GNP) (USD mn) 54,914.989 2022 yearly 1960 - 2022
Production Last Frequency Range
Industrial Production Index Growth (%) -11.5 Aug 2024 monthly Jan 2011 - Aug 2024
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) -17.8 Feb 2013 monthly Jan 2006 - Feb 2013
Construction and Properties Last Frequency Range
Building Permits (Unit) 234.000 Mar 2023 monthly Jan 1992 - Mar 2023
House Prices Growth (%) -8.3 Jun 2024 quarterly Mar 2008 - Jun 2024
Nominal Residential Property Price Index (2010=100) 201.395 Mar 2024 quarterly Mar 2007 - Mar 2024
Nominal Residential Property Price Index Growth (%) -8.291 Jun 2024 quarterly Mar 2008 - Jun 2024
Real Residential Property Price Index (2010=100) 151.361 Mar 2024 quarterly Mar 2007 - Mar 2024
Real Residential Property Price Index Growth (%) -10.440 Jun 2024 quarterly Mar 2008 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.7 2023 yearly 1995 - 2023
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
Government Debt: % of GDP (%) 26.8 Jun 2024 quarterly Dec 1997 - Jun 2024
National Government Debt (USD mn) 23,262.2 Jun 2024 quarterly Dec 1995 - Jun 2024
Tax Revenue (USD mn) 25,176.022 2023 yearly 1995 - 2023
Consolidated Fiscal Balance (%) -0.696 2023 yearly 1995 - 2023
Tax Revenue: % of GDP (%) 29.4 2023 yearly 1995 - 2023

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