COUNTRY / INDICATOR
Luxembourg Government Expense
Luxembourg government expense: latest available value for 2023, historical series from 2016, ranking context and source documentation.
Series overview
GC.XPN.TOTL.GD.ZS| Year | Value | Change |
|---|---|---|
| 2023 | 42,23 | 1,33 |
| 2022 | 40,90 | 1,89 |
| 2021 | 39,01 | -3,89 |
| 2020 | 42,90 | 3,42 |
| 2019 | 39,48 | 0,65 |
| 2018 | 38,83 | 1,07 |
| 2017 | 37,76 | 0,92 |
| 2016 | 36,83 | — |
Source methodology
World Development IndicatorsIndicator note: Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source organization: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)
Metadata fetched: 2026-08-01 01:31:09. Open original metadata response.
Country-specific interpretation
Automatically derived from the displayed seriesLuxembourg recorded 42,23 percent of GDP in 2023, the latest year available in this series.
Compared with 2022, the government expense increased by 1,33.
Across the latest five-year comparison window, the series shows an upward direction.
Across 8 observations from 2016 to 2023, the average was 39,74; the minimum was 36,83 in 2016 and the maximum was 42,90 in 2020.
Luxembourg ranks 14 out of 152 countries with a current value in the portal ranking.
The latest value is above the available average for Europe & Central Asia.
It is also above the available average for the High income group.
Ongoing fiscal expenditure intensity.