Luxembourg Government Revenue
General government revenue as % of GDP GGR_NGDP
Luxembourg's government revenue was 47.54% in 2025, ranked 21st globally. This represents a 0.7% decrease from 2024. Data from IMF WEO, covering 1995–2025.
Overview
Luxembourg's government revenue stood at 47.54% in 2025, a decline of +0.36% from 2024. The IMF projects 47.54% by 2025. Luxembourg ranked 21st globally.
Luxembourg’s government revenue as a share of GDP has risen steadily over the 31‑year series, moving from 44.70 in 1995 to a recent 47.54 in 2025, placing the Grand Duchy 21st globally. The upward trajectory peaked in 2024 at 47.90 before a modest retreat the following year, while the lowest point occurred in the global financial crisis of 2008 at 41.29. This pattern mirrors the fiscal resilience of other high‑income European economies; for example, Germany recorded 47.92 and Sweden 47.66 in the same period, indicating that Luxembourg remains competitive among its peers. The post‑crisis recovery was driven by robust tax collection and a diversified services sector, which helped offset the earlier downturn. Continued growth in high‑value financial services and the implementation of digital tax administration are likely to sustain the upward trend, although any major external shock could alter the trajectory.
Data & projection
| Year | Government Revenue | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 48.24% | - | - |
| 2029* IMF | 48.02% | - | - |
| 2028* IMF | 47.85% | - | - |
| 2027* IMF | 47.71% | - | - |
| 2026* IMF | 47.78% | - | - |
| 2025* IMF | 47.54% | - | - |
| 2025 | 47.54% | −0.36% | #21 |
| 2024 | 47.90% | +2.31% | #20 |
| 2023 | 45.59% | +1.09% | #24 |
| 2022 | 44.50% | +1.09% | #24 |
| 2021 | 43.41% | −0.54% | #28 |
| 2020 | 43.95% | −1.80% | #23 |
| 2019 | 45.75% | +0.26% | #21 |
| 2018 | 45.49% | +2.85% | #22 |
| 2017 | 42.64% | +0.71% | #27 |
| 2016 | 41.94% | +0.27% | #27 |
| 2015 | 41.67% | −0.28% | #31 |
| 2014 | 41.94% | −0.13% | #31 |
| 2013 | 42.08% | −0.24% | #32 |
| 2012 | 42.32% | +0.16% | #33 |
| 2011 | 42.15% | +0.46% | #33 |
Detected Pattern
Analysis
Luxembourg matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →
The news of "major banking deals" could indirectly influence Luxembourg's government revenue, as its significant financial sector contributes substantially to the national economy and tax base. Furthermore, progress towards a "budget deal"
Frequently Asked Questions
Luxembourg's government revenue was 47.54% in 2025. Ranked 21st globally. This represents a 0.7% decrease from the previous year.
Luxembourg's government revenue peaked at 47.90% in 2024.
The lowest government revenue in Luxembourg was 41.29% in 2008.
Luxembourg ranks 21st globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
Luxembourg's government revenue is projected to reach 47.54% by 2025 based on IMF projection.
The government revenue of Luxembourg in 2025 was 47.54%. This ranks 21st in the world.
Cite this page
@misc{historysaid_luxembourg_government-revenue,
title = {Luxembourg Government Revenue},
url = {https://historysaid.com/luxembourg/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}