Luxembourg Government Revenues to GDP

General government revenue as a percentage of GDP.

Government Revenues to GDP in Luxembourg increased to 47.90 percent of GDP in 2024 from 45.59 percent of GDP in 2023.

47.9%
▲ +2.3 pp2024 · previous 45.6%Annual · percent of GDP · Source: IMF — Public Finances in Modern History

Luxembourg Government Revenues to GDP — History

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Luxembourg Government Revenues to GDP — analysis in simple words

Latest reading

Government Revenues to GDP in Luxembourg increased to 47.90 percent of GDP in 2024 from 45.59 percent of GDP in 2023.

It has risen in each of the last three years.

Recent trend

A year earlier (2023) it was 45.6%, so the latest figure is 2.3 percentage points higher.

Over the past five years the average was 45.1%, with a range from 43.4% to 47.9%. The latest value is above that five-year average.

Historical context

This data series starts in 1995 and has 30 annual observations. The latest reading is higher than 97% of all of them.

The highest value on record is 47.9% (2024) and the lowest is 41.3% (2008). The long-run average is 43.6%.

Compared with other countries

Among 151 economies with recent data, Luxembourg ranks 15th from the top. The median across all these economies is 27.2%, so Luxembourg is above the typical country.

Within Europe & Central Asia (41 economies with data) it ranks 9th; the regional median is 42.2%.

Statistics

Latest
47.9%2024
Previous
45.6%
5-year average
45.1%
Long-run average
43.6%since 1995
All-time high
47.9%2024
All-time low
41.3%2008
Observations
30Annual

Recent Data

PeriodValueChange
202447.9%▲ +2.3 pp
202345.6%▲ +1.1 pp
202244.5%▲ +1.1 pp
202143.4%▼ −0.5 pp
202043.9%▼ −1.8 pp
201945.8%▲ +0.3 pp
201845.5%▲ +2.8 pp
201742.6%▲ +0.7 pp
201641.9%▲ +0.3 pp
201541.7%▼ −0.3 pp
201441.9%▼ −0.1 pp
201342.1%▼ −0.2 pp
201242.3%▲ +0.2 pp
201142.2%▲ +0.5 pp
201041.7%▼ −0.8 pp
200942.5%▲ +1.2 pp
200841.3%▼ −0.5 pp
200741.7%▲ +0.4 pp
200641.3%▼ −1.9 pp
200543.2%▲ +1.0 pp
200442.3%▼ −1.3 pp
200343.6%▼ −0.2 pp
200243.8%▲ +0.0 pp
200143.8%▲ +0.2 pp
200043.5%▼ −1.5 pp
199945.0%▼ −1.9 pp
199846.9%▲ +0.1 pp
199746.8%▲ +1.9 pp
199644.9%▲ +0.2 pp
199544.7%

Government Revenues to GDP — Luxembourg vs Peers

Latest available reading for each economy (periods may differ). Luxembourg highlighted.

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More Luxembourg indicators

Understanding Government Revenues to GDP — a simple guide

What it measures

General government revenue as a percentage of GDP.

How it is calculated

Total government income (taxes, fees, other receipts) ÷ GDP × 100.

Simple example

20% means the government collects one-fifth of GDP.

▲ When it is high or rising

Higher revenue gives more room to spend without borrowing.

▼ When it is low or falling

Lower revenue limits spending capacity.

Why it matters for the economy and markets

Revenue capacity determines how much a state can spend without borrowing.

How to read it

Advanced economies typically collect a much larger share of GDP than emerging economies.

Data source

IMF — Public Finances in Modern History (series rev), annual data from 1995 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current government revenues to gdp of Luxembourg?
Luxembourg government revenues to gdp was 47.9% in 2024, compared with 45.6% in the previous period, according to IMF — Public Finances in Modern History.
What is the highest and lowest government revenues to gdp of Luxembourg?
Since 1995, the highest reading was 47.9% (2024) and the lowest was 41.3% (2008).
What does government revenues to gdp measure?
General government revenue as a percentage of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.