Luxembourg Government Debt To GDP

Luxembourg recorded a Government Debt to GDP of 21.70 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Luxembourg is reported by the Eurostat. From 1996 until 2012, Luxembourg Government Debt To GDP averaged 9.9 Percent reaching an all time high of 21.7 Percent in December of 2012 and a record low of 6.1 Percent in December of 2003. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Luxembourg Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
21.70 18.70 21.70 6.10 24.50 | 2013/12 1996 - 2012 Percent Yearly

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Luxembourg Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 21.70 2012-12-31 18.70 21.70 6.10 24.50 2013-12-31 Percent [+]
Government Budget Value 25.50 2013-06-30 20.40 1380.30 -363.20 29.04 2013-12-31 EUR Million [+]
Government Spending 1577.20 2013-11-15 1569.20 1577.20 775.00 1613.43 2014-03-31 EUR Million [+]
Credit Rating 100.00 [+]
Government Budget -0.60 2012-12-31 0.10 6.10 -1.10 -0.97 2013-12-31 Percent of GDP [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Luxembourg GDP Deflator at 136.18 Index Points  
GDP Deflator in Luxembourg increased to 136.18 Index Points in the fourth quarter of 2013 from 132.74 Index Points in the third quarter of 2013. GDP Deflator in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Government Budget Value at 25.50 EUR Million  
Luxembourg recorded a government budget surplus of 25.50 EUR Million in 2013. Government Budget Value in Luxembourg is reported by the Banque Centrale Du Luxembourg.
Luxembourg Government Spending at 1577.20 EUR Million  
Government Spending in Luxembourg increased to 1577.20 EUR Million in the fourth quarter of 2013 from 1569.20 EUR Million in the third quarter of 2013. Government Spending in Luxembourg is reported by the STATEC, Luxembourg.
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Gross Fixed Capital Formation in Luxembourg decreased to 1577.40 EUR Million in the fourth quarter of 2013 from 2163.40 EUR Million in the third quarter of 2013. Gross Fixed Capital Formation in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Harmonised Consumer Prices at 123.76 Index Points  
Harmonised Consumer Prices in Luxembourg increased to 123.76 Index Points in March of 2014 from 123.71 Index Points in February of 2014. Harmonised Consumer Prices in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Housing Permits at 229.00  
Housing Index in Luxembourg increased to 229 in September of 2013 from 224 in August of 2013. Housing Index in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Labour Costs at 101.10 Index Points  
Labour Costs in Luxembourg decreased to 101.10 Index Points in January of 2014 from 128.90 Index Points in December of 2013. Labour Costs in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg New Orders at 83.40 Index Points  
New Orders in Luxembourg decreased to 83.40 Index Points in February of 2013 from 106.70 Index Points in January of 2013. New Orders in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Producer Prices at 104.51 Index Points  
Producer Prices in Luxembourg decreased to 104.51 Index Points in January of 2014 from 104.92 Index Points in December of 2013. Producer Prices in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Remittances at 22.00 EUR Million  
Remittances in Luxembourg increased to 22 EUR Million in the third quarter of 2013 from 17 EUR Million in the second quarter of 2013. Remittances in Luxembourg is reported by the Eurostat.
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