Home Luxembourg Budget Deficit 1997

Luxembourg - Budget Deficit 1997

General government net lending/borrowing as % of GDP · IMF WEO
2.66% +0.29% from 1996 Global rank: 127th

Luxembourg's budget deficit was 2.66% in 1997, increased +0.29% from 2.37% in 1996. This was the 127th highest globally.

Global Ranking - 1997
Budget Deficit by Country - 1997
RankCountryValueYoY
1st Lebanon -24.55% 4.4%
2nd Albania -11.90% -
3rd Brunei Darussalam -11.79% -35.5%
4th Cabo Verde -10.18% 9.2%
5th Qatar -9.40% -7.7%
6th Kyrgyz Republic -9.31% -2.3%
7th India -8.28% -23.4%
8th Mongolia -8.09% -17.6%
9th Moldova -7.47% -0.6%
10th Georgia -6.63% -12.2%
11th Jamaica -6.39% -21.8%
12th Bahrain -6.39% -2,739.3%
13th Greece -6.25% 25.2%
14th Slovak Republic -6.24% 35.9%
15th Ghana -6.14% -9.4%
16th Seychelles -5.91% 39.1%
17th Sri Lanka -5.71% 17.2%
18th Eritrea -5.65% 69.3%
19th Hungary -5.54% -27.0%
20th Ukraine -5.37% -73.7%
21st Romania -5.19% -9.5%
22nd Grenada -4.94% -63.6%
23rd Croatia -4.93% -12.0%
24th Cyprus -4.82% -63.1%
25th Poland -4.59% 4.8%
26th Fiji -4.51% -30.4%
27th Burundi -4.48% 48.0%
28th Pakistan -3.87% 10.8%
29th Spain -3.86% 34.2%
30th France -3.71% 4.8%
31st Cambodia -3.70% 50.8%
32nd Tunisia -3.70% 28.5%
33rd Portugal -3.65% 21.1%
34th Japan -3.53% 27.6%
35th Mexico -3.48% 4.9%
36th Costa Rica -3.39% 21.6%
37th Bolivia, Plurinational State of -3.28% -72.7%
38th Colombia -3.23% -29.3%
39th Czechia -3.14% -5.4%
40th Germany -3.03% 16.8%
41st Italy -2.98% 54.9%
42nd Jordan -2.97% 8.4%
43rd Djibouti -2.86% -61.8%
44th Ecuador -2.83% 17.9%
45th St. Vincent and the Grenadines -2.81% -277.2%
46th Burkina Faso -2.64% -58.6%
47th Chad -2.58% 9.9%
48th Guinea-Bissau -2.56% -173.5%
49th Saudi Arabia -2.51% 22.8%
50th Niger -2.39% -563.1%
51st Austria -2.38% 45.6%
52nd Namibia -2.38% 35.7%
53rd Slovenia -2.37% -105.0%
54th Switzerland -2.33% -15.8%
55th St. Kitts and Nevis -2.33% -2.9%
56th Dominica -2.24% -40.9%
57th Rwanda -2.22% 55.6%
58th Belgium -2.15% 46.3%
59th Libya -2.11% -118.6%
60th Aruba -2.10% 10.3%
61st Uzbekistan -2.05% -30.4%
62nd United Kingdom -2.01% 44.9%
63rd Madagascar -2.00% 49.7%
64th El Salvador -1.97% 27.0%
65th Bangladesh -1.94% 3.7%
66th Bhutan -1.92% -175.0%
67th Argentina -1.84% 34.6%
68th Iran, Islamic Republic of -1.81% -141.7%
69th Mozambique -1.81% 12.7%
70th Belize -1.81% -2.6%
71st Syrian Arab Republic -1.78% 37.0%
72nd Guyana -1.70% -
73rd Thailand -1.68% -161.1%
74th Bahamas, The -1.60% -941.6%
75th Netherlands -1.60% 16.0%
76th Sweden -1.57% 49.5%
77th Central African Republic -1.57% -47.8%
78th Yemen, Republic of -1.50% -63.6%
79th Maldives -1.46% 27.4%
80th Finland -1.33% 60.7%
81st Comoros -1.30% 62.1%
82nd Denmark -1.22% 49.1%
83rd St. Lucia -1.10% -92.1%
84th Congo, Democratic Republic of -1.06% -87.9%
85th Indonesia -1.03% -207.5%
86th Togo -0.98% 69.8%
87th Azerbaijan -0.94% 58.4%
88th Kenya -0.91% -85.1%
89th Uganda -0.83% -
90th Guatemala -0.79% -2,235.1%
91st Lithuania -0.76% 78.8%
92nd Côte d'Ivoire -0.75% -
93rd China -0.73% 1.0%
94th Dominican Republic -0.64% -
95th Sudan -0.59% 77.4%
96th Vanuatu -0.51% 71.5%
97th Australia -0.49% 66.1%
98th North Macedonia -0.35% -
99th Suriname -0.32% -109.4%
100th Angola -0.27% -105.2%
101st Turkmenistan -0.20% -
102nd Tanzania -0.03% -101.7%
103rd Iceland 0.04% 102.5%
104th Canada 0.04% 101.3%
105th Guinea 0.07% 103.0%
106th Honduras 0.08% -37.0%
107th Trinidad and Tobago 0.11% 124.8%
108th Lesotho 0.27% -87.4%
109th Philippines 0.37% -31.7%
110th Haiti 0.37% -
111th Benin 0.64% 532.4%
112th Papua New Guinea 0.67% -67.3%
113th Senegal 0.98% 6.3%
114th Nigeria 1.14% -66.3%
115th New Zealand 1.24% -52.0%
116th Panama 1.25% -49.8%
117th Ireland 1.37% 797.0%
118th Gabon 1.41% -33.5%
119th Morocco 1.50% 72.7%
120th Samoa 1.92% 58.4%
121st Chile 2.04% -1.5%
122nd Eswatini 2.06% 313.0%
123rd Solomon Islands 2.14% -42.8%
124th Algeria 2.19% -18.8%
125th Korea 2.32% 0.7%
126th Micronesia, Federated States of 2.62% 12.2%
127th Luxembourg 2.66% 12.1%
128th Estonia 2.98% 420.0%
129th Paraguay 3.01% 23.6%
130th Equatorial Guinea 3.21% 150.6%
131st Congo, Republic of 3.67% -60.1%
132nd Oman 4.77% 115.2%
133rd Malaysia 4.84% 48.0%
134th Barbados 5.44% 47.1%
135th Singapore 5.66% 185.6%
136th Kiribati 5.92% 129.2%
137th Hong Kong SAR, China 6.32% 212.8%
138th United Arab Emirates 6.71% 631.8%
139th Norway 7.35% 22.4%
140th Marshall Islands 7.91% -
141st Kuwait 29.49% 21.5%

FAQ

What was Luxembourg's budget deficit in 1997?

Luxembourg's budget deficit in 1997 was 2.66%. This ranked 127th globally.

How did Luxembourg's budget deficit change in 1997?

Luxembourg's budget deficit increased by 12.1% in 1997 compared to 1996.

Which country had the highest budget deficit in 1997?

Kuwait had the highest budget deficit in 1997 at 29.49%.

What is the budget deficit of Luxembourg in 1997?

The budget deficit of Luxembourg in 1997 was 2.66%. This ranked 127th globally.

How does 1997 compare to 1996 for Luxembourg's budget deficit?

Luxembourg's budget deficit went from 2.37% in 1996 to 2.66% in 1997, a 12.1% increase.