Goods and services expense in Luxembourg
Luxembourg: Goods and services expense was 7.4% in 2023. ▲ Rising
Goods and services expense in Luxembourg, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Luxembourg is 7.4%, measured in 2023.
Compared with earlier readings it is down 6.3% on the previous year and up 2.7% over ten years.
Over the whole period, goods and services expense in Luxembourg peaked at 8.3% in 2003 and was at its lowest, 3.7%, in 1993.
Luxembourg ranks 127th of 154 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Goods and services expense in Luxembourg, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 4.9% | — |
| 1973 | 4.8% | -3.0% |
| 1974 | 4.8% | +0.3% |
| 1975 | 5.0% | +3.9% |
| 1976 | 4.4% | -10.5% |
| 1977 | 3.8% | -13.6% |
| 1978 | 4.2% | +8.5% |
| 1979 | 4.3% | +2.5% |
| 1980 | 4.4% | +4.1% |
| 1981 | 4.3% | -2.0% |
| 1982 | 5.1% | +18.3% |
| 1983 | 4.2% | -19.0% |
| 1984 | 4.3% | +4.1% |
| 1985 | 4.5% | +4.7% |
| 1986 | 4.5% | +0.2% |
| 1987 | 4.5% | -0.5% |
| 1988 | 4.4% | -1.8% |
| 1989 | 4.7% | +6.1% |
| 1990 | 4.7% | -0.9% |
| 1991 | 4.6% | -1.5% |
| 1992 | 4.5% | -2.0% |
| 1993 | 3.7% | -18.9% |
| 1994 | 4.1% | +13.0% |
| 1995 | 6.9% | +66.8% |
| 1996 | 7.8% | +13.3% |
| 1997 | 7.6% | -2.0% |
| 1998 | 7.3% | -4.8% |
| 1999 | 7.1% | -3.1% |
| 2000 | 7.9% | +11.3% |
| 2001 | 7.8% | -0.9% |
| 2002 | 8.2% | +5.5% |
| 2003 | 8.3% | +0.7% |
| 2004 | 7.9% | -4.1% |
| 2005 | 8.1% | +1.5% |
| 2006 | 7.8% | -3.6% |
| 2007 | 7.4% | -4.3% |
| 2008 | 7.7% | +3.2% |
| 2009 | 7.9% | +3.2% |
| 2010 | 7.8% | -2.0% |
| 2011 | 7.5% | -3.2% |
| 2012 | 7.6% | +1.1% |
| 2013 | 7.2% | -5.4% |
| 2014 | 7.1% | -1.6% |
| 2015 | 7.6% | +7.4% |
| 2016 | 7.9% | +3.7% |
| 2017 | 7.6% | -3.2% |
| 2018 | 7.5% | -2.0% |
| 2019 | 7.7% | +2.7% |
| 2020 | 7.4% | -3.6% |
| 2021 | 7.7% | +4.6% |
| 2022 | 7.9% | +1.8% |
| 2023 | 7.4% | -6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.5% | 3.8% | 5.0% | 8 |
| 1980s | 4.5% | 4.2% | 5.1% | 10 |
| 1990s | 5.8% | 3.7% | 7.8% | 10 |
| 2000s | 7.9% | 7.4% | 8.3% | 10 |
| 2010s | 7.5% | 7.1% | 7.9% | 10 |
| 2020s | 7.6% | 7.4% | 7.9% | 4 |
Countries ranked near Luxembourg
More public sector data for Luxembourg
- Arms imports 3.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 4.43 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,287 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0093 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 31.57 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 871.64 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 388.43 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 257,332 current USD per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Luxembourg?
- Goods and services expense in Luxembourg was 7.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Luxembourg?
- The highest recorded value was 8.3% in 2003.
- What is the lowest goods and services expense recorded in Luxembourg?
- The lowest recorded value was 3.7% in 1993.
- How does Luxembourg rank for goods and services expense?
- Luxembourg ranks 127th out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Luxembourg?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.