Luxembourg - Expense

Expense (current LCU)

The value for Expense (current LCU) in Luxembourg was 24,612,130,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 24,612,130,000 in 2019 and a minimum value of 477,393,300 in 1972.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 477,393,300
1973 555,430,200
1974 663,685,300
1975 847,200,900
1976 991,995,500
1977 1,111,678,000
1978 1,173,627,000
1979 1,313,786,000
1980 1,454,317,000
1981 1,633,296,000
1982 1,860,887,000
1983 2,037,363,000
1984 2,131,686,000
1985 2,158,111,000
1986 2,277,795,000
1987 2,466,441,000
1988 2,648,420,000
1989 2,752,610,000
1990 3,194,728,000
1991 3,539,870,000
1992 4,064,537,000
1993 4,415,355,000
1994 4,769,595,000
1995 5,791,440,000
1996 6,062,583,000
1997 6,515,662,000
1998 6,733,626,000
1999 7,342,773,000
2000 7,855,293,000
2001 8,434,072,000
2002 9,184,227,000
2003 10,029,120,000
2004 10,945,150,000
2005 11,575,630,000
2006 12,213,230,000
2007 12,811,390,000
2008 13,881,540,000
2009 15,106,100,000
2010 15,923,770,000
2011 16,715,830,000
2012 17,982,100,000
2013 18,938,810,000
2014 19,556,890,000
2015 20,116,030,000
2016 20,660,400,000
2017 21,908,550,000
2018 23,288,780,000
2019 24,612,130,000

Expense (% of GDP)

Expense (% of GDP) in Luxembourg was 39.25 as of 2019. Its highest value over the past 47 years was 39.25 in 2019, while its lowest value was 21.59 in 1974.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1972 23.01
1973 22.03
1974 21.59
1975 29.75
1976 30.28
1977 33.02
1978 31.86
1979 32.76
1980 33.33
1981 35.11
1982 35.70
1983 35.53
1984 33.53
1985 32.03
1986 30.77
1987 32.03
1988 30.85
1989 28.07
1990 30.18
1991 30.23
1992 32.86
1993 32.33
1994 32.49
1995 38.00
1996 37.80
1997 37.56
1998 37.14
1999 35.74
2000 34.17
2001 35.32
2002 36.72
2003 38.24
2004 38.83
2005 38.23
2006 35.74
2007 34.03
2008 34.70
2009 38.68
2010 37.55
2011 37.71
2012 38.65
2013 38.58
2014 37.76
2015 37.15
2016 36.76
2017 37.66
2018 38.58
2019 39.25

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance