Ratio of military expenditure to gross domestic product (GDP) in Luxembourg 2022

The ratio of military expenditure to gross domestic product (GDP) in Luxembourg increased by 0.2 percentage points (+42.55 percent) in 2022 in comparison to the previous year. With 0.7 percent, the ratio thereby reached its highest value in the observed period.
Military expenditure figures refer to the amount of money spent on a country's armed forces, including peacekeeping and defense operations, among others. When comparing international figures, there may be some inconsistencies depending on what respective countries consider as military spending.

Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like France and Netherlands.