Government spending in Luxembourg was last recorded at 46.9 percent of GDP in 2024 . Government Spending to GDP in Luxembourg averaged 42.20 percent of GDP from 1990 until 2024, reaching an all time high of 47.00 percent of GDP in 2020 and a record low of 37.40 percent of GDP in 2007. source: EUROSTAT
Government Spending to GDP in Luxembourg is expected to reach 48.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Government Spending to GDP is projected to trend around 48.20 percent of GDP in 2026 and 48.10 percent of GDP in 2027, according to our econometric models.