Luxembourg - Budget Deficit 2003
0.28%
−1.76% from 2002
Luxembourg's budget deficit was 0.28% in 2003, decreased +1.76% from 2.03% in 2002. This was the 137th highest globally.
Global Ranking - 2003▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | São Tomé and Principe | -15.93% | -52.8% |
| 2nd | Lebanon | -13.97% | 13.7% |
| 3rd | Burundi | -13.70% | -179.7% |
| 4th | India | -11.43% | -3.2% |
| 5th | Bhutan | -10.21% | -135.8% |
| 6th | Malta | -9.04% | -60.9% |
| 7th | Kiribati | -8.93% | -385.6% |
| 8th | Belize | -8.41% | -55.6% |
| 9th | Timor-Leste | -8.24% | -7.8% |
| 10th | Greece | -8.05% | -29.9% |
| 11th | Bolivia, Plurinational State of | -7.88% | 10.4% |
| 12th | Türkiye | -7.55% | 33.2% |
| 13th | Japan | -7.43% | -1.3% |
| 14th | Antigua and Barbuda | -7.32% | 17.1% |
| 15th | Hungary | -7.19% | 18.2% |
| 16th | Czechia | -6.88% | -8.4% |
| 17th | Belarus | -6.74% | 13.7% |
| 18th | Sri Lanka | -6.15% | 10.9% |
| 19th | Poland | -6.00% | -25.3% |
| 20th | Cyprus | -5.91% | -43.0% |
| 21st | Egypt, Arab Republic of | -5.73% | 15.4% |
| 22nd | Cambodia | -5.69% | 6.2% |
| 23rd | Portugal | -5.66% | -51.5% |
| 24th | St. Kitts and Nevis | -5.66% | 51.7% |
| 25th | Guinea-Bissau | -5.63% | -51.9% |
| 26th | Jamaica | -5.42% | 17.2% |
| 27th | Brazil | -5.40% | -30.2% |
| 28th | Zambia | -5.31% | -18.1% |
| 29th | Kyrgyz Republic | -5.17% | 12.4% |
| 30th | Honduras | -5.09% | -1.6% |
| 31st | Israel | -5.03% | 38.8% |
| 32nd | Croatia | -5.03% | -2.7% |
| 33rd | Albania | -5.01% | 19.4% |
| 34th | Uzbekistan | -4.87% | 22.9% |
| 35th | Guyana | -4.81% | -98.8% |
| 36th | United States | -4.77% | -24.9% |
| 37th | Guinea | -4.66% | -38.0% |
| 38th | Malaysia | -4.60% | -16.1% |
| 39th | Mauritius | -4.56% | 6.9% |
| 40th | Namibia | -4.47% | -224.7% |
| 41st | Chad | -4.32% | -5.8% |
| 42nd | Dominican Republic | -4.24% | -86.3% |
| 43rd | Myanmar | -4.24% | -5.8% |
| 44th | El Salvador | -4.23% | 23.1% |
| 45th | Yemen, Republic of | -4.20% | -656.9% |
| 46th | Djibouti | -4.13% | 9.4% |
| 47th | Angola | -4.10% | -82.7% |
| 48th | France | -4.10% | -29.0% |
| 49th | Montenegro | -4.06% | -181.5% |
| 50th | Congo, Democratic Republic of | -3.92% | -538.8% |
| 51st | Lao PDR | -3.89% | -36.3% |
| 52nd | Germany | -3.83% | 6.3% |
| 53rd | Morocco | -3.75% | 14.3% |
| 54th | Cabo Verde | -3.63% | 40.9% |
| 55th | Philippines | -3.49% | 5.8% |
| 56th | Fiji | -3.46% | 6.0% |
| 57th | Maldives | -3.45% | 13.2% |
| 58th | Costa Rica | -3.43% | 31.3% |
| 59th | Mongolia | -3.38% | 28.6% |
| 60th | Madagascar | -3.32% | 18.8% |
| 61st | Italy | -3.23% | -12.0% |
| 62nd | United Kingdom | -3.22% | -64.3% |
| 63rd | Netherlands | -3.19% | -43.1% |
| 64th | Palau | -3.18% | 74.9% |
| 65th | Hong Kong SAR, China | -3.17% | 33.5% |
| 66th | St. Lucia | -3.17% | -4.8% |
| 67th | Central African Republic | -3.06% | -157.4% |
| 68th | Barbados | -3.02% | 42.3% |
| 69th | Grenada | -2.81% | 79.8% |
| 70th | Sierra Leone | -2.78% | 8.1% |
| 71st | Iran, Islamic Republic of | -2.76% | 4.3% |
| 72nd | Syrian Arab Republic | -2.70% | -33.7% |
| 73rd | Colombia | -2.70% | 21.7% |
| 74th | Slovenia | -2.66% | -7.7% |
| 75th | Tunisia | -2.64% | -3.8% |
| 76th | Mozambique | -2.64% | 21.6% |
| 77th | Malawi | -2.60% | 41.8% |
| 78th | Viet Nam | -2.56% | -38.0% |
| 79th | Jordan | -2.52% | 43.3% |
| 80th | St. Vincent and the Grenadines | -2.51% | -25.3% |
| 81st | Guatemala | -2.47% | -139.2% |
| 82nd | Serbia | -2.39% | -2.4% |
| 83rd | China | -2.36% | 17.0% |
| 84th | Iceland | -2.30% | -2.1% |
| 85th | Romania | -2.29% | 11.9% |
| 86th | Slovak Republic | -2.28% | 72.7% |
| 87th | Panama | -2.27% | -135.9% |
| 88th | Mexico | -2.24% | -2.9% |
| 89th | Haiti | -2.24% | -24.2% |
| 90th | Uruguay | -2.19% | 31.1% |
| 91st | Niger | -2.18% | 1.7% |
| 92nd | Eswatini | -2.11% | 42.9% |
| 93rd | Afghanistan | -2.10% | -2,044.9% |
| 94th | Comoros | -2.05% | 4.7% |
| 95th | Ghana | -1.99% | 26.9% |
| 96th | Bangladesh | -1.96% | 15.1% |
| 97th | Belgium | -1.86% | -4,136.4% |
| 98th | Austria | -1.84% | -29.0% |
| 99th | Burkina Faso | -1.79% | 59.6% |
| 100th | Tanzania | -1.78% | -144.2% |
| 101st | Tajikistan | -1.75% | 27.3% |
| 102nd | Gambia, The | -1.73% | -3,035.6% |
| 103rd | Bahrain | -1.70% | 48.0% |
| 104th | Latvia | -1.67% | 35.6% |
| 105th | Bahamas, The | -1.63% | 2.3% |
| 106th | Peru | -1.62% | -15.5% |
| 107th | South Africa | -1.59% | -65.8% |
| 108th | Nigeria | -1.56% | -263.6% |
| 109th | Switzerland | -1.36% | 22.1% |
| 110th | Vanuatu | -1.35% | 62.9% |
| 111th | Lithuania | -1.27% | 31.8% |
| 112th | Côte d'Ivoire | -1.26% | -98.0% |
| 113th | Sweden | -1.25% | 14.5% |
| 114th | Rwanda | -1.23% | 39.3% |
| 115th | Mali | -1.19% | 61.6% |
| 116th | Indonesia | -1.08% | -87.0% |
| 117th | Benin | -1.07% | 67.8% |
| 118th | Uganda | -0.97% | 53.1% |
| 119th | Ukraine | -0.89% | 51.5% |
| 120th | Kenya | -0.73% | 43.8% |
| 121st | Georgia | -0.55% | -194.6% |
| 122nd | Senegal | -0.52% | -370.2% |
| 123rd | Samoa | -0.51% | 71.1% |
| 124th | Bosnia and Herzegovina | -0.44% | 85.2% |
| 125th | Chile | -0.42% | 64.5% |
| 126th | Spain | -0.38% | -18.3% |
| 127th | Nepal | -0.34% | 86.3% |
| 128th | Botswana | -0.18% | 95.6% |
| 129th | Canada | -0.13% | 45.7% |
| 130th | Pakistan | -0.12% | 95.5% |
| 131st | Suriname | -0.11% | 96.5% |
| 132nd | North Macedonia | -0.07% | 98.6% |
| 133rd | Paraguay | -0.07% | 96.5% |
| 134th | Bulgaria | 0.00% | 100.5% |
| 135th | Denmark | 0.14% | -44.8% |
| 136th | Papua New Guinea | 0.19% | 110.7% |
| 137th | Luxembourg | 0.28% | -86.4% |
| 138th | Ireland | 0.35% | 166.7% |
| 139th | Liberia | 0.36% | 122.6% |
| 140th | Congo, Republic of | 0.37% | 105.0% |
| 141st | Moldova | 0.47% | 139.9% |
| 142nd | Cameroon | 0.56% | -62.8% |
| 143rd | Singapore | 0.68% | -69.6% |
| 144th | Sudan | 0.77% | 212.1% |
| 145th | Dominica | 0.85% | 120.9% |
| 146th | Lesotho | 0.89% | 136.5% |
| 147th | Ecuador | 1.05% | 41.6% |
| 148th | Australia | 1.05% | 444.6% |
| 149th | Saudi Arabia | 1.20% | 120.3% |
| 150th | Nicaragua | 1.30% | -37.4% |
| 151st | Russian Federation | 1.35% | 100.6% |
| 152nd | Togo | 1.44% | 612.5% |
| 153rd | Argentina | 1.50% | 178.5% |
| 154th | Korea | 1.51% | -53.3% |
| 155th | Azerbaijan | 1.61% | -91.7% |
| 156th | Estonia | 1.67% | 468.3% |
| 157th | Andorra | 1.76% | 80.4% |
| 158th | Aruba | 1.90% | 159.8% |
| 159th | Trinidad and Tobago | 1.90% | 1,045.8% |
| 160th | Thailand | 1.98% | 129.4% |
| 161st | Finland | 2.34% | -41.1% |
| 162nd | United Arab Emirates | 2.35% | 290.0% |
| 163rd | Tonga | 2.37% | -8.5% |
| 164th | Micronesia, Federated States of | 2.62% | -63.7% |
| 165th | Seychelles | 3.40% | 120.9% |
| 166th | New Zealand | 3.68% | 44.4% |
| 167th | Turkmenistan | 3.99% | 2,055.1% |
| 168th | Kazakhstan | 4.00% | 107.7% |
| 169th | Macao SAR, China | 4.80% | 80.3% |
| 170th | Oman | 5.92% | 11.4% |
| 171st | Libya | 6.17% | -11.8% |
| 172nd | Eritrea | 6.24% | 146.9% |
| 173rd | Qatar | 6.71% | -15.0% |
| 174th | Norway | 7.21% | -20.2% |
| 175th | Algeria | 7.22% | 3,256.7% |
| 176th | Gabon | 7.75% | 108.2% |
| 177th | Brunei Darussalam | 8.06% | 274.7% |
| 178th | Equatorial Guinea | 9.99% | -43.2% |
| 179th | Marshall Islands | 10.54% | 105.9% |
| 180th | Solomon Islands | 10.56% | 342.8% |
| 181st | Kuwait | 27.21% | -12.3% |
FAQ
What was Luxembourg's budget deficit in 2003?▾
Luxembourg's budget deficit in 2003 was 0.28%. This ranked 137th globally.
How did Luxembourg's budget deficit change in 2003?▾
Luxembourg's budget deficit decreased by 86.4% in 2003 compared to 2002.
Which country had the highest budget deficit in 2003?▾
Kuwait had the highest budget deficit in 2003 at 27.21%.
What is the budget deficit of Luxembourg in 2003?▾
The budget deficit of Luxembourg in 2003 was 0.28%. This ranked 137th globally.
How does 2003 compare to 2002 for Luxembourg's budget deficit?▾
Luxembourg's budget deficit went from 2.03% in 2002 to 0.28% in 2003, a 86.4% decrease.
HistorySaid - pattern alert
Luxembourg matched the Export Boom Cycle pattern in 2003. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 2.5%. View full analysis →
Related
2002
2004
All years
Full ranking 2003
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 2001
Lowest: 2020
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
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Lowest ever
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European Union Budget Deficit
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