Luxembourg recorded a Government Debt to GDP of 25.70 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Luxembourg averaged 15.40 percent of GDP from 1995 until 2023, reaching an all time high of 25.70 percent of GDP in 2023 and a record low of 7.40 percent of GDP in 2002. source: STATEC, Luxembourg
Government Debt to GDP in Luxembourg is expected to reach 27.30 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Government Debt to GDP is projected to trend around 28.00 percent of GDP in 2026 and 29.00 percent of GDP in 2027, according to our econometric models.