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Luxembourg: General government deficit (% of GDP)

Percent of GDP · 1990–2025 · 36 observations · forecasts to 2031 · gen_govdef_GDP

2025
−2.00%percent of GDP
Change on 2024
−2.9 pointsfrom 0.90%
Average, 2016–2025
0.56%10 years
Record high and low
5.60% (2001)low −3.10% (2020)

General government deficit (% of GDP)

Report error
-4%-2%0%2%4%6%19902000201020202030LuxembourgLuxembourg
ForecastPercent of GDP

Compare with other countries →Definition of General government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-3.07Forecast
2030-2.89Forecast
2029-2.69Forecast
2028-2.44Forecast
2027-1.24Forecast
2026-0.481Forecast
2025-2.00
20240.90
2023-0.70
20220.20
20211.10
2020-3.10
20192.70
20183.20
20171.40
20161.90

Sources

  • IMF Government Finance Statistics1990–2024
  • OECD Economic Outlook1990–2025
  • IMF Fiscal Policy Panel1995–2023
  • AMECO (European Commission)1995–2025
  • Eurostat1995–2025
  • IMF World Economic Outlook1995–2025
  • AMECO (forecast)2025–2027
  • OECD Economic Outlook (forecast)2025–2027
  • IMF WEO (forecast)2025–2031

Compare these sources →

Luxembourg documentation (PDF)

More for Luxembourg

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 72 series →

General government deficit (% of GDP) elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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