Taxes on goods and services (current LCU), per unit of GDP in Luxembourg
Luxembourg: Taxes on goods and services (current LCU), per unit of GDP was 0.1042 current LCU per US$ of GDP in 2024. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in Luxembourg, 1972–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, taxes on goods and services (current lcu), per unit of gdp in Luxembourg stood at 0.1042 current LCU per US$ of GDP.
That represents a change of up 2.6% on the previous year and up 10.3% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Luxembourg peaked at 0.1419 current LCU per US$ of GDP in 2000 and was at its lowest, 0.0502 current LCU per US$ of GDP, in 1979.
That places Luxembourg 128th out of 157 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 53 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Luxembourg, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 0.0689 current LCU per US$ of GDP | — |
| 1973 | 0.0598 current LCU per US$ of GDP | -13.3% |
| 1974 | 0.0524 current LCU per US$ of GDP | -12.3% |
| 1975 | 0.0659 current LCU per US$ of GDP | +25.7% |
| 1976 | 0.0659 current LCU per US$ of GDP | +0.0% |
| 1977 | 0.0628 current LCU per US$ of GDP | -4.7% |
| 1978 | 0.0552 current LCU per US$ of GDP | -12.2% |
| 1979 | 0.0502 current LCU per US$ of GDP | -9.0% |
| 1980 | 0.0563 current LCU per US$ of GDP | +12.3% |
| 1981 | 0.075 current LCU per US$ of GDP | +33.1% |
| 1982 | 0.095 current LCU per US$ of GDP | +26.6% |
| 1983 | 0.1202 current LCU per US$ of GDP | +26.5% |
| 1984 | 0.1381 current LCU per US$ of GDP | +14.9% |
| 1985 | 0.1292 current LCU per US$ of GDP | -6.4% |
| 1986 | 0.1036 current LCU per US$ of GDP | -19.8% |
| 1987 | 0.0896 current LCU per US$ of GDP | -13.5% |
| 1988 | 0.0866 current LCU per US$ of GDP | -3.3% |
| 1989 | 0.0889 current LCU per US$ of GDP | +2.6% |
| 1990 | 0.0715 current LCU per US$ of GDP | -19.6% |
| 1991 | 0.0752 current LCU per US$ of GDP | +5.2% |
| 1992 | 0.0802 current LCU per US$ of GDP | +6.7% |
| 1993 | 0.0873 current LCU per US$ of GDP | +8.9% |
| 1994 | 0.0838 current LCU per US$ of GDP | -4.0% |
| 1995 | 0.0833 current LCU per US$ of GDP | -0.6% |
| 1996 | 0.0869 current LCU per US$ of GDP | +4.3% |
| 1997 | 0.1042 current LCU per US$ of GDP | +19.9% |
| 1998 | 0.1107 current LCU per US$ of GDP | +6.3% |
| 1999 | 0.1184 current LCU per US$ of GDP | +7.0% |
| 2000 | 0.1419 current LCU per US$ of GDP | +19.9% |
| 2001 | 0.1401 current LCU per US$ of GDP | -1.3% |
| 2002 | 0.1289 current LCU per US$ of GDP | -8.0% |
| 2003 | 0.1078 current LCU per US$ of GDP | -16.4% |
| 2004 | 0.1039 current LCU per US$ of GDP | -3.7% |
| 2005 | 0.1058 current LCU per US$ of GDP | +1.8% |
| 2006 | 0.0981 current LCU per US$ of GDP | -7.3% |
| 2007 | 0.0929 current LCU per US$ of GDP | -5.2% |
| 2008 | 0.0797 current LCU per US$ of GDP | -14.2% |
| 2009 | 0.0842 current LCU per US$ of GDP | +5.6% |
| 2010 | 0.0877 current LCU per US$ of GDP | +4.2% |
| 2011 | 0.0856 current LCU per US$ of GDP | -2.4% |
| 2012 | 0.0944 current LCU per US$ of GDP | +10.3% |
| 2013 | 0.0913 current LCU per US$ of GDP | -3.2% |
| 2014 | 0.0944 current LCU per US$ of GDP | +3.4% |
| 2015 | 0.0951 current LCU per US$ of GDP | +0.7% |
| 2016 | 0.0962 current LCU per US$ of GDP | +1.2% |
| 2017 | 0.0977 current LCU per US$ of GDP | +1.5% |
| 2018 | 0.098 current LCU per US$ of GDP | +0.3% |
| 2019 | 0.1041 current LCU per US$ of GDP | +6.2% |
| 2020 | 0.0984 current LCU per US$ of GDP | -5.5% |
| 2021 | 0.0987 current LCU per US$ of GDP | +0.3% |
| 2022 | 0.1111 current LCU per US$ of GDP | +12.5% |
| 2023 | 0.1016 current LCU per US$ of GDP | -8.6% |
| 2024 | 0.1042 current LCU per US$ of GDP | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0601 current LCU per US$ of GDP | 0.0502 current LCU per US$ of GDP | 0.0689 current LCU per US$ of GDP | 8 |
| 1980s | 0.0982 current LCU per US$ of GDP | 0.0563 current LCU per US$ of GDP | 0.1381 current LCU per US$ of GDP | 10 |
| 1990s | 0.0901 current LCU per US$ of GDP | 0.0715 current LCU per US$ of GDP | 0.1184 current LCU per US$ of GDP | 10 |
| 2000s | 0.1083 current LCU per US$ of GDP | 0.0797 current LCU per US$ of GDP | 0.1419 current LCU per US$ of GDP | 10 |
| 2010s | 0.0944 current LCU per US$ of GDP | 0.0856 current LCU per US$ of GDP | 0.1041 current LCU per US$ of GDP | 10 |
| 2020s | 0.1028 current LCU per US$ of GDP | 0.0984 current LCU per US$ of GDP | 0.1111 current LCU per US$ of GDP | 5 |
Countries ranked near Luxembourg
- 125 Cyprus 0.1099 current LCU per US$ of GDP compare
- 126 Austria 0.1053 current LCU per US$ of GDP compare
- 127 Lithuania 0.1042 current LCU per US$ of GDP compare
- 129 Slovakia 0.1029 current LCU per US$ of GDP compare
- 130 Netherlands 0.0963 current LCU per US$ of GDP compare
- 131 Italy 0.0894 current LCU per US$ of GDP 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 taxes on goods and services (current lcu), per unit of gdp in Luxembourg?
- Taxes on goods and services (current lcu), per unit of gdp in Luxembourg was 0.1042 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Luxembourg?
- The highest recorded value was 0.1419 current LCU per US$ of GDP in 2000.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Luxembourg?
- The lowest recorded value was 0.0502 current LCU per US$ of GDP in 1979.
- How does Luxembourg rank for taxes on goods and services (current lcu), per unit of gdp?
- Luxembourg ranks 128th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Luxembourg?
- Over the last ten years it is up 10.3%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.