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Luxembourg - Government Spending 1974

Government expenditure as % of GDP · World Bank
21.59% −0.44% from 1973 Global rank: 22nd

Luxembourg's government spending was 21.59% in 1974, decreased +0.44% from 22.03% in 1973. This was the 22nd highest globally.

Global Ranking - 1974▾
Government Spending by Country - 1974
RankCountryValueYoY
1st India 8.73% -
2nd Honduras 8.87% -1.5%
3rd Thailand 10.33% -13.3%
4th Dominican Republic 11.27% 5.6%
5th Mexico 11.67% 12.0%
6th Peru 11.75% -10.7%
7th Korea 12.16% 9.0%
8th Japan 12.21% 12.0%
9th Türkiye 12.28% -18.9%
10th Switzerland 13.02% 5.1%
11th Singapore 13.21% -4.6%
12th Indonesia 13.23% 17.0%
13th Mauritius 14.00% -2.9%
14th Costa Rica 15.06% -3.1%
15th South Africa 16.04% 6.4%
16th Spain 16.41% 1.3%
17th United States 17.88% -0.1%
18th Australia 18.12% -1.7%
19th Greece 18.46% 15.1%
20th Kuwait 19.41% -15.4%
21st Finland 21.09% 6.1%
22nd Luxembourg 21.59% -2.0%
23rd Tunisia 21.67% 0.9%
24th Uruguay 21.93% 37.7%
25th Germany 22.11% 7.8%
26th Chile 23.50% -9.3%
27th Sweden 24.20% 5.3%
28th European Union 25.73% 4.9%
29th Iceland 25.94% 13.3%
30th Italy 26.52% -0.1%
31st New Zealand 27.67% 6.2%
32nd Austria 28.01% 1.1%
33rd Norway 28.27% 0.2%
34th Denmark 30.20% 12.6%
35th France 31.41% 6.0%
36th Ireland 31.53% 10.0%
37th Iran, Islamic Republic of 33.07% 79.0%
38th United Kingdom 33.25% 15.3%
39th Netherlands 35.80% 2.6%
40th Malta 38.88% 21.1%
41st Israel 50.95% -3.0%
Source: World Bank (GC.XPN.TOTL.GD.ZS)

FAQ

What was Luxembourg's government spending in 1974?▾

Luxembourg's government spending in 1974 was 21.59%. This ranked 22nd globally.

How did Luxembourg's government spending change in 1974?▾

Luxembourg's government spending decreased by 2.0% in 1974 compared to 1973.

Which country had the highest government spending in 1974?▾

Israel had the highest government spending in 1974 at 50.95%.

What is the government spending of Luxembourg in 1974?▾

The government spending of Luxembourg in 1974 was 21.59%. This ranked 22nd globally.

How does 1974 compare to 1973 for Luxembourg's government spending?▾

Luxembourg's government spending went from 22.03% in 1973 to 21.59% in 1974, a 2.0% decrease.

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1973 1975 All years Full ranking 1974 Tax Revenue Military Spending Health Spending Government Debt to GDP Budget Deficit Peak: 2020 Lowest: 1974 Government Spending 1990s Government Spending 2000s Government Spending 2010s Government Spending 2020s Highest ever Lowest ever Average vs Bermuda vs Ireland vs Switzerland vs Cayman Islands European Union Government Spending NATO Government Spending OECD Government Spending Global Ranking