Home Luxembourg Government Government Debt to GDP

Luxembourg Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

27.12% +0.83% (+3.2%)
Year 2025 Rank #159 Global Peak 27.12% (2025) Source IMF WEO

Luxembourg Government Debt to GDP (1995–2025)

Overview

Luxembourg's government debt to gdp stood at 27.12% in 2025, a rise of +0.83% from 2024. The IMF projects 27.12% by 2025. Luxembourg ranked 159th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 30.59% - -
2029* IMF 30.08% - -
2028* IMF 29.40% - -
2027* IMF 28.62% - -
2026* IMF 28.06% - -
2025* IMF 27.12% - -
2025 27.12% +0.83% #159
2024 26.29% +1.61% #28
2023 24.68% −0.22% #22
2022 24.90% +0.72% #24
2021 24.19% −0.35% #18
2020 24.53% +2.19% #21
2019 22.34% +1.47% #23
2018 20.87% −0.93% #22
2017 21.80% +2.20% #21
2016 19.60% −1.54% #18
2015 21.13% −0.73% #25
2014 21.86% −0.54% #32
2013 22.41% +1.56% #39
2012 20.85% +2.35% #41
2011 18.50% −0.59% #29
Show all years (1995-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +161.0% GDP growth 6.9% C/A balance 5.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Luxembourg matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Luxembourg's government debt to gdp?

Luxembourg's government debt to gdp was 27.12% in 2025. Ranked 159th globally. This represents a 3.2% increase from the previous year.

What was the highest government debt to gdp in Luxembourg?

Luxembourg's government debt to gdp peaked at 27.12% in 2025.

What was the lowest government debt to gdp in Luxembourg?

The lowest government debt to gdp in Luxembourg was 7.44% in 2003.

How does Luxembourg rank in government debt to gdp?

Luxembourg ranks 159th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Luxembourg in 2025?

Luxembourg's government debt to gdp is projected to reach 27.12% by 2025 based on IMF projection.

What is the government debt to gdp of Luxembourg in 2025?

The government debt to gdp of Luxembourg in 2025 was 27.12%. This ranks 159th in the world.

Cite this page

APA
Luxembourg Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/luxembourg/government-debt-to-gdp
BibTeX
@misc{historysaid_luxembourg_government-debt-to-gdp, title = {Luxembourg Government Debt to GDP}, url = {https://historysaid.com/luxembourg/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }