Net lending (+) / net borrowing (-) in Luxembourg
Luxembourg: Net lending (+) / net borrowing (-) was 0.8% in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Luxembourg, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Luxembourg recorded 0.8% for net lending (+) / net borrowing (-) in 2024.
Compared with earlier readings it is up 349.8% on the previous year and down 23.3% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Luxembourg peaked at 5.5% in 2001 and was at its lowest, -3.2%, in 2020.
That places Luxembourg 29th out of 156 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in Luxembourg, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 1.6% | — |
| 1973 | 2.4% | +46.9% |
| 1974 | 4.0% | +65.5% |
| 1975 | 1.6% | -60.4% |
| 1976 | 1.2% | -20.5% |
| 1977 | 1.9% | +51.9% |
| 1978 | 3.4% | +80.8% |
| 1979 | 0.8% | -76.0% |
| 1980 | 0.9% | +6.1% |
| 1981 | 0.7% | -23.8% |
| 1982 | -0.9% | -228.2% |
| 1983 | 0.6% | -172.0% |
| 1984 | 1.9% | +215.8% |
| 1985 | 4.4% | +127.8% |
| 1986 | 4.0% | -8.3% |
| 1987 | 2.5% | -39.0% |
| 1988 | 1.6% | -33.3% |
| 1989 | 4.5% | +175.8% |
| 1990 | 2.7% | -39.7% |
| 1991 | 2.7% | -1.5% |
| 1992 | 1.5% | -44.0% |
| 1993 | 1.9% | +24.2% |
| 1994 | 2.2% | +15.1% |
| 1995 | 2.3% | +7.8% |
| 1996 | 1.9% | -18.6% |
| 1997 | 2.1% | +9.4% |
| 1998 | 2.6% | +25.1% |
| 1999 | 3.0% | +13.9% |
| 2000 | 5.1% | +71.6% |
| 2001 | 5.5% | +8.5% |
| 2002 | 1.9% | -65.2% |
| 2003 | 0.3% | -85.6% |
| 2004 | -1.3% | -569.7% |
| 2005 | 0.1% | -107.3% |
| 2006 | 1.7% | +1703.2% |
| 2007 | 4.0% | +134.5% |
| 2008 | 3.0% | -26.2% |
| 2009 | -0.1% | -102.9% |
| 2010 | -0.5% | +464.0% |
| 2011 | 0.4% | -174.9% |
| 2012 | 0.0% | -95.3% |
| 2013 | 0.5% | +3027.1% |
| 2014 | 1.1% | +105.2% |
| 2015 | 1.0% | -2.3% |
| 2016 | 1.6% | +58.8% |
| 2017 | 1.2% | -25.6% |
| 2018 | 2.8% | +126.2% |
| 2019 | 2.2% | -20.8% |
| 2020 | -3.2% | -243.6% |
| 2021 | 1.0% | -132.6% |
| 2022 | 0.4% | -59.2% |
| 2023 | -0.3% | -177.6% |
| 2024 | 0.8% | -349.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.1% | 0.8% | 4.0% | 8 |
| 1980s | 2.0% | -0.9% | 4.5% | 10 |
| 1990s | 2.3% | 1.5% | 3.0% | 10 |
| 2000s | 2.0% | -1.3% | 5.5% | 10 |
| 2010s | 1.0% | -0.5% | 2.8% | 10 |
| 2020s | -0.2% | -3.2% | 1.0% | 5 |
Countries ranked near Luxembourg
- 26 Greece 1.2% compare
- 27 San Marino 1.2% compare
- 28 Lebanon 1.2% compare
- 30 Vanuatu 0.7% compare
- 31 Switzerland 0.5% compare
- 32 Iran, Islamic Republic of 0.5% 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), 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 net lending (+) / net borrowing (-) in Luxembourg?
- Net lending (+) / net borrowing (-) in Luxembourg was 0.8% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Luxembourg?
- The highest recorded value was 5.5% in 2001.
- What is the lowest net lending (+) / net borrowing (-) recorded in Luxembourg?
- The lowest recorded value was -3.2% in 2020.
- How does Luxembourg rank for net lending (+) / net borrowing (-)?
- Luxembourg ranks 29th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Luxembourg?
- Over the last ten years it is down 23.3%. The long-run trend across the full record is volatile.
- 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 Net lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.