Ratio of government expenditure to gross domestic product (GDP) in Luxembourg 2027
The ratio of government expenditure to gross domestic product of Luxembourg was forecast to increase between 2022 and 2027 by in total 0.1 percentage points. This overall increase does not happen continuously, notably not in 2023 and 2024. The ratio is estimated to amount to 43.88 percent in 2027.
This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to gross domestic product in countries like France, the Netherlands and Belgium.
This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to gross domestic product in countries like France, the Netherlands and Belgium.
