Military expenditure (current USD), annual growth rate in Luxembourg
Luxembourg: Military expenditure (current USD), annual growth rate was 31.57 % change on previous year in 2024. ◆ Volatile
Latest (2024)
31.57 % change on previous year
Change on year
up 5.5%
World rank
20th
of 164 countries
All-time high
40.26 % change on previous year
in 1986
All-time low
-17.25 % change on previous year
in 2008
Years of data
64
1961–2024
Military expenditure (current USD), annual growth rate in Luxembourg, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, military expenditure (current usd), annual growth rate in Luxembourg stood at 31.57 % change on previous year.
The figure is up 5.5% on the previous year and up 301.0% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Luxembourg peaked at 40.26 % change on previous year in 1986 and was at its lowest, -17.25 % change on previous year, in 2008.
Luxembourg ranks 20th of 164 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Luxembourg, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 10.28 % change on previous year | — |
| 1962 | 22.39 % change on previous year | +117.9% |
| 1963 | -1.93 % change on previous year | -108.6% |
| 1964 | 33.26 % change on previous year | -1819.5% |
| 1965 | 2.61 % change on previous year | -92.2% |
| 1966 | 4.24 % change on previous year | +62.4% |
| 1967 | -17.07 % change on previous year | -502.9% |
| 1968 | -9.12 % change on previous year | -46.6% |
| 1969 | 4.53 % change on previous year | -149.7% |
| 1970 | 6.3 % change on previous year | +38.9% |
| 1971 | 8.87 % change on previous year | +40.9% |
| 1972 | 29.67 % change on previous year | +234.6% |
| 1973 | 31.45 % change on previous year | +6.0% |
| 1974 | 18.2 % change on previous year | -42.1% |
| 1975 | 24.56 % change on previous year | +35.0% |
| 1976 | 12.3 % change on previous year | -49.9% |
| 1977 | 12.61 % change on previous year | +2.5% |
| 1978 | 27.65 % change on previous year | +119.3% |
| 1979 | 15.6 % change on previous year | -43.6% |
| 1980 | 23.74 % change on previous year | +52.2% |
| 1981 | -11.9 % change on previous year | -150.1% |
| 1982 | -10.29 % change on previous year | -13.5% |
| 1983 | -0.6831 % change on previous year | -93.4% |
| 1984 | -6.05 % change on previous year | +785.7% |
| 1985 | -1.42 % change on previous year | -76.5% |
| 1986 | 40.26 % change on previous year | -2937.2% |
| 1987 | 36.83 % change on previous year | -8.5% |
| 1988 | 17.59 % change on previous year | -52.3% |
| 1989 | -11.69 % change on previous year | -166.5% |
| 1990 | 27.29 % change on previous year | -333.5% |
| 1991 | 11.42 % change on previous year | -58.1% |
| 1992 | 14.37 % change on previous year | +25.8% |
| 1993 | -12.28 % change on previous year | -185.4% |
| 1994 | 16.57 % change on previous year | -235.0% |
| 1995 | 12.9 % change on previous year | -22.1% |
| 1996 | -0.5353 % change on previous year | -104.1% |
| 1997 | -5.24 % change on previous year | +879.5% |
| 1998 | 6.76 % change on previous year | -228.9% |
| 1999 | -1.75 % change on previous year | -125.9% |
| 2000 | -8.94 % change on previous year | +410.0% |
| 2001 | 25.08 % change on previous year | -380.6% |
| 2002 | -4.23 % change on previous year | -116.9% |
| 2003 | 29.49 % change on previous year | -797.3% |
| 2004 | 18.14 % change on previous year | -38.5% |
| 2005 | 3.86 % change on previous year | -78.7% |
| 2006 | 1.39 % change on previous year | -64.0% |
| 2007 | 15.75 % change on previous year | +1032.9% |
| 2008 | -17.25 % change on previous year | -209.5% |
| 2009 | -5.81 % change on previous year | -66.3% |
| 2010 | 22.95 % change on previous year | -494.8% |
| 2011 | -6.26 % change on previous year | -127.3% |
| 2012 | -7.57 % change on previous year | +20.9% |
| 2013 | 8.91 % change on previous year | -217.6% |
| 2014 | 7.87 % change on previous year | -11.6% |
| 2015 | -1.01 % change on previous year | -112.8% |
| 2016 | -5.6 % change on previous year | +453.6% |
| 2017 | 37.18 % change on previous year | -764.0% |
| 2018 | 9.95 % change on previous year | -73.3% |
| 2019 | 7.46 % change on previous year | -25.0% |
| 2020 | 11.37 % change on previous year | +52.4% |
| 2021 | -5.15 % change on previous year | -145.3% |
| 2022 | 26.45 % change on previous year | -613.3% |
| 2023 | 29.92 % change on previous year | +13.2% |
| 2024 | 31.57 % change on previous year | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.46 % change on previous year | -17.07 % change on previous year | 33.26 % change on previous year | 9 |
| 1970s | 18.72 % change on previous year | 6.3 % change on previous year | 31.45 % change on previous year | 10 |
| 1980s | 7.64 % change on previous year | -11.9 % change on previous year | 40.26 % change on previous year | 10 |
| 1990s | 6.95 % change on previous year | -12.28 % change on previous year | 27.29 % change on previous year | 10 |
| 2000s | 5.75 % change on previous year | -17.25 % change on previous year | 29.49 % change on previous year | 10 |
| 2010s | 7.39 % change on previous year | -7.57 % change on previous year | 37.18 % change on previous year | 10 |
| 2020s | 18.83 % change on previous year | -5.15 % change on previous year | 31.57 % change on previous year | 5 |
Countries ranked near Luxembourg
- 17 Albania 34.67 % change on previous year compare
- 18 Qatar 32.94 % change on previous year compare
- 19 North Macedonia 32.65 % change on previous year compare
- 21 Germany 31.47 % change on previous year compare
- 22 Niger 31.32 % change on previous year compare
- 23 Montenegro 31.31 % change on previous year compare
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), 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)
- Tax revenue 28.6% (2024)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Luxembourg?
- Military expenditure (current usd), annual growth rate in Luxembourg was 31.57 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Luxembourg?
- The highest recorded value was 40.26 % change on previous year in 1986.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Luxembourg?
- The lowest recorded value was -17.25 % change on previous year in 2008.
- How does Luxembourg rank for military expenditure (current usd), annual growth rate?
- Luxembourg ranks 20th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Luxembourg?
- Over the last ten years it is up 301.0%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.