Luxembourg Government Budget
-1.0%▼ −1.85 pt
Dec 2025 · Annual
Luxembourg's budget balance fell to -0.96% of GDP in 2025 from a surplus of 0.89% in 2024, turning negative for the first time since 2020. The deficit remains well above the all-time low of -3.09% recorded in 2020, and the series dates back to 1995.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| -1.0% | 0.9% | 5.6%Dec 2001 | -3.1%Dec 2020 | 1995 – 2025 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 27.0% | 26.3% | 27.0% | 7.4% | Dec 2025 | Annual |
| Tax Revenue to GDP | 28.6% | 27.0% | 28.6% | 16.7% | Dec 2024 | Annual |
About this series
Government Budget in Luxembourg averaged 1.5% from 1995 until 2025, reaching an all-time high of 5.6% in Dec 2001 and a record low of -3.1% in Dec 2020. The series is reported yearly with history from 1995.
The budget balance as a percentage of GDP measures the difference between government revenue and expenditure relative to the size of the economy. It is reported annually for Luxembourg by the International Monetary Fund, with data spanning from 1995 to 2025.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
FAQ