Tax revenue (current LCU) in Luxembourg
Luxembourg: Tax revenue (current LCU) was 24.68 billion current LCU in 2024. ◆ Volatile
Latest (2024)
24.68 billion current LCU
Change on year
up 11.4%
World rank
110th
of 157 countries
All-time high
24.68 billion current LCU
in 2024
All-time low
345.79 million current LCU
in 1972
Years of data
53
1972–2024
Tax revenue in Luxembourg, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for tax revenue in Luxembourg is 24.68 billion current LCU, measured in 2024. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 11.4% on the previous year and up 92.6% over ten years.
Over the whole period, tax revenue in Luxembourg peaked at 24.68 billion current LCU in 2024 and was at its lowest, 345.79 million current LCU, in 1972.
Luxembourg ranks 110th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU) in Luxembourg, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 345.79 million current LCU | — |
| 1973 | 433.62 million current LCU | +25.4% |
| 1974 | 542.86 million current LCU | +25.2% |
| 1975 | 588.45 million current LCU | +8.4% |
| 1976 | 666.21 million current LCU | +13.2% |
| 1977 | 768.20 million current LCU | +15.3% |
| 1978 | 872.09 million current LCU | +13.5% |
| 1979 | 877.42 million current LCU | +0.6% |
| 1980 | 974.69 million current LCU | +11.1% |
| 1981 | 1.06 billion current LCU | +8.8% |
| 1982 | 1.20 billion current LCU | +12.7% |
| 1983 | 1.46 billion current LCU | +22.1% |
| 1984 | 1.58 billion current LCU | +8.4% |
| 1985 | 1.68 billion current LCU | +5.8% |
| 1986 | 1.79 billion current LCU | +6.8% |
| 1987 | 1.88 billion current LCU | +4.9% |
| 1988 | 2.02 billion current LCU | +7.8% |
| 1989 | 2.22 billion current LCU | +9.5% |
| 1990 | 2.42 billion current LCU | +9.3% |
| 1991 | 2.53 billion current LCU | +4.5% |
| 1992 | 2.74 billion current LCU | +8.4% |
| 1993 | 3.24 billion current LCU | +18.2% |
| 1994 | 3.67 billion current LCU | +13.3% |
| 1995 | 3.73 billion current LCU | +1.5% |
| 1996 | 3.96 billion current LCU | +6.2% |
| 1997 | 4.38 billion current LCU | +10.6% |
| 1998 | 4.64 billion current LCU | +6.0% |
| 1999 | 5.16 billion current LCU | +11.1% |
| 2000 | 5.86 billion current LCU | +13.5% |
| 2001 | 5.97 billion current LCU | +1.9% |
| 2002 | 6.20 billion current LCU | +3.9% |
| 2003 | 6.46 billion current LCU | +4.2% |
| 2004 | 6.78 billion current LCU | +4.9% |
| 2005 | 7.67 billion current LCU | +13.2% |
| 2006 | 8.18 billion current LCU | +6.6% |
| 2007 | 9.18 billion current LCU | +12.2% |
| 2008 | 9.42 billion current LCU | +2.7% |
| 2009 | 9.31 billion current LCU | -1.2% |
| 2010 | 10.10 billion current LCU | +8.5% |
| 2011 | 10.63 billion current LCU | +5.3% |
| 2012 | 11.37 billion current LCU | +6.9% |
| 2013 | 12.05 billion current LCU | +6.1% |
| 2014 | 12.82 billion current LCU | +6.3% |
| 2015 | 12.63 billion current LCU | -1.5% |
| 2016 | 13.36 billion current LCU | +5.8% |
| 2017 | 14.26 billion current LCU | +6.8% |
| 2018 | 16.18 billion current LCU | +13.5% |
| 2019 | 16.78 billion current LCU | +3.7% |
| 2020 | 16.57 billion current LCU | -1.3% |
| 2021 | 19.08 billion current LCU | +15.1% |
| 2022 | 20.49 billion current LCU | +7.4% |
| 2023 | 22.16 billion current LCU | +8.1% |
| 2024 | 24.68 billion current LCU | +11.4% |
Luxembourg compared with similar countries
- Luxembourg's 24.68 billion current LCU is below the median for high income countries, which is 103.80 billion current LCU, 24% of the median. (57 countries reporting)
- Luxembourg's 24.68 billion current LCU is below the median for Europe & Central Asia, which is 161.58 billion current LCU, 15% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 636.83 million current LCU | 345.79 million current LCU | 877.42 million current LCU | 8 |
| 1980s | 1.59 billion current LCU | 974.69 million current LCU | 2.22 billion current LCU | 10 |
| 1990s | 3.65 billion current LCU | 2.42 billion current LCU | 5.16 billion current LCU | 10 |
| 2000s | 7.50 billion current LCU | 5.86 billion current LCU | 9.42 billion current LCU | 10 |
| 2010s | 13.02 billion current LCU | 10.10 billion current LCU | 16.78 billion current LCU | 10 |
| 2020s | 20.60 billion current LCU | 16.57 billion current LCU | 24.68 billion current LCU | 5 |
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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue in Luxembourg?
- Tax revenue in Luxembourg was 24.68 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Luxembourg?
- The highest recorded value was 24.68 billion current LCU in 2024.
- What is the lowest tax revenue recorded in Luxembourg?
- The lowest recorded value was 345.79 million current LCU in 1972.
- How does Luxembourg rank for tax revenue?
- Luxembourg ranks 110th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Luxembourg?
- Over the last ten years it is up 92.6%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.