Interest, payable, Ratio of this level of government's … total in Luxembourg
Luxembourg: Interest, payable, Ratio of this level of government's … total was 0.8375 in 2020. ▲ Rising
Interest, payable, Ratio of this level of government's expenditure on in Luxembourg, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, interest, payable, ratio of this level of government's expenditure on in Luxembourg stood at 0.8375.
That represents a change of down 12.4% on the previous year and up 1.2% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in Luxembourg peaked at 0.9562 in 2019 and was at its lowest, 0.6357, in 1996.
Luxembourg ranks 67th of 80 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Interest, payable, Ratio of this level of government's … total in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.6929 | — |
| 1996 | 0.6357 | -8.2% |
| 1997 | 0.7015 | +10.4% |
| 1998 | 0.682 | -2.8% |
| 1999 | 0.8457 | +24.0% |
| 2000 | 0.7511 | -11.2% |
| 2001 | 0.7456 | -0.7% |
| 2002 | 0.7311 | -1.9% |
| 2003 | 0.823 | +12.6% |
| 2004 | 0.8718 | +5.9% |
| 2005 | 0.8224 | -5.7% |
| 2006 | 0.7372 | -10.4% |
| 2007 | 0.7353 | -0.3% |
| 2008 | 0.7861 | +6.9% |
| 2009 | 0.7318 | -6.9% |
| 2010 | 0.8274 | +13.1% |
| 2011 | 0.8579 | +3.7% |
| 2012 | 0.8076 | -5.9% |
| 2013 | 0.8309 | +2.9% |
| 2014 | 0.7971 | -4.1% |
| 2015 | 0.7893 | -1.0% |
| 2016 | 0.8642 | +9.5% |
| 2017 | 0.8615 | -0.3% |
| 2018 | 0.8922 | +3.6% |
| 2019 | 0.9562 | +7.2% |
| 2020 | 0.8375 | -12.4% |
Luxembourg compared with similar countries
- Luxembourg's 0.8375 is below the median for high income countries, which is 0.9354, 90% of the median. (42 countries reporting)
- Luxembourg's 0.8375 is below the median for Europe & Central Asia, which is 0.966, 87% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7116 | 0.6357 | 0.8457 | 5 |
| 2000s | 0.7735 | 0.7311 | 0.8718 | 10 |
| 2010s | 0.8484 | 0.7893 | 0.9562 | 10 |
| 2020s | 0.8375 | 0.8375 | 0.8375 | 1 |
Countries ranked near Luxembourg
More public sector data for Luxembourg
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
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- Arms imports 11.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 4.43 SIPRI trend indicator values per person (2024)
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Frequently asked questions
- What is interest, payable, ratio of this level of government's expenditure on in Luxembourg?
- Interest, payable, ratio of this level of government's expenditure on in Luxembourg was 0.8375 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in Luxembourg?
- The highest recorded value was 0.9562 in 2019.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in Luxembourg?
- The lowest recorded value was 0.6357 in 1996.
- How does Luxembourg rank for interest, payable, ratio of this level of government's expenditure on?
- Luxembourg ranks 67th out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in Luxembourg?
- Over the last ten years it is up 1.2%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.