Ratio of government expenditure to gross domestic product (GDP) in Luxembourg 2029
The ratio of government expenditure to GDP in Luxembourg was forecast to increase between 2024 and 2029 by in total 1.2 percentage points. This overall increase does not happen continuously, notably not in 2026. After the third consecutive increasing year, the ratio is estimated to reach 49.45 percent and therefore a new peak in 2029.
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.
Find more key insights for the ratio of government expenditure to GDP in countries like France, Netherlands, and Belgium.
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.
Find more key insights for the ratio of government expenditure to GDP in countries like France, Netherlands, and Belgium.
