Subsidies and other transfers (% of expense) in Luxembourg
Luxembourg: Subsidies and other transfers (% of expense) was 59.6% in 2023. ◆ Volatile
Subsidies and other transfers in Luxembourg, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Luxembourg recorded 59.6% for subsidies and other transfers in 2023.
That represents a change of up 17.7% over ten years.
Over the whole period, subsidies and other transfers in Luxembourg peaked at 74.8% in 1994 and was at its lowest, 1.0%, in 1982.
Luxembourg ranks 29th of 152 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies and other transfers (% of expense) in Luxembourg, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 3.5% | — |
| 1973 | 3.2% | -8.2% |
| 1974 | 2.7% | -15.4% |
| 1975 | 2.1% | -21.8% |
| 1976 | 2.0% | -4.7% |
| 1977 | 2.1% | +3.7% |
| 1978 | 2.3% | +9.7% |
| 1979 | 2.2% | -3.4% |
| 1980 | 2.1% | -5.5% |
| 1981 | 2.0% | -1.4% |
| 1982 | 1.0% | -52.3% |
| 1983 | 1.0% | +5.3% |
| 1984 | 1.3% | +26.8% |
| 1985 | 1.6% | +19.3% |
| 1986 | 1.5% | -2.2% |
| 1987 | 1.6% | +6.1% |
| 1988 | 1.2% | -25.7% |
| 1989 | 1.0% | -17.3% |
| 1990 | 69.9% | +6935.1% |
| 1991 | 71.4% | +2.1% |
| 1992 | 69.7% | -2.3% |
| 1993 | 73.2% | +5.0% |
| 1994 | 74.8% | +2.1% |
| 1995 | 48.4% | -35.3% |
| 1996 | 48.6% | +0.3% |
| 1997 | 47.9% | -1.4% |
| 1998 | 48.0% | +0.3% |
| 1999 | 48.0% | -0.1% |
| 2000 | 47.9% | -0.2% |
| 2001 | 48.9% | +2.0% |
| 2002 | 49.5% | +1.2% |
| 2003 | 50.3% | +1.7% |
| 2004 | 48.9% | -2.8% |
| 2005 | 50.1% | +2.5% |
| 2006 | 49.7% | -0.8% |
| 2007 | 49.7% | +0.1% |
| 2008 | 50.0% | +0.7% |
| 2009 | 50.9% | +1.7% |
| 2010 | 50.4% | -1.0% |
| 2011 | 49.6% | -1.5% |
| 2012 | 49.7% | +0.1% |
| 2013 | 50.6% | +1.9% |
| 2014 | 51.2% | +1.1% |
| 2015 | 50.6% | -1.2% |
| 2016 | 49.8% | -1.5% |
| 2017 | 49.8% | -0.1% |
| 2018 | 49.3% | -0.9% |
| 2019 | 49.1% | -0.5% |
| 2020 | 50.7% | +3.3% |
| 2021 | 58.6% | +15.6% |
| 2022 | 59.6% | +1.7% |
| 2023 | 59.6% | -0.0% |
Luxembourg compared with similar countries
- Luxembourg's 59.6% is above the median for high income countries, which is 48.0%, 1.2× the median. (56 countries reporting)
- Luxembourg's 59.6% is above the median for Europe & Central Asia, which is 54.8%, 1.1× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Subsidies and other transfers (% of expense) in Luxembourg changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +6935.1% | 1.0% | 69.9% |
| 1982 | -52.3% | 2.0% | 1.0% |
| 1995 | -35.3% | 74.8% | 48.4% |
| 1984 | +26.8% | 1.0% | 1.3% |
| 1988 | -25.7% | 1.6% | 1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.5% | 2.0% | 3.5% | 8 |
| 1980s | 1.4% | 1.0% | 2.1% | 10 |
| 1990s | 60.0% | 47.9% | 74.8% | 10 |
| 2000s | 49.6% | 47.9% | 50.9% | 10 |
| 2010s | 50.0% | 49.1% | 51.2% | 10 |
| 2020s | 57.1% | 50.7% | 59.6% | 4 |
Countries ranked near Luxembourg
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Frequently asked questions
- What is subsidies and other transfers in Luxembourg?
- Subsidies and other transfers in Luxembourg was 59.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Luxembourg?
- The highest recorded value was 74.8% in 1994.
- What is the lowest subsidies and other transfers recorded in Luxembourg?
- The lowest recorded value was 1.0% in 1982.
- How does Luxembourg rank for subsidies and other transfers?
- Luxembourg ranks 29th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Luxembourg?
- Over the last ten years it is up 17.7%. 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.