Expenditure on old age function by type of benefit and means-testing in Luxembourg
Luxembourg: Expenditure on old age function by type of benefit and means-testing was 6,915 Million euro in 2024. ◆ Volatile
Latest (2024)
6,915 Million euro
Change on year
up 8.8%
World rank
28th
of 45 countries
All-time high
6,915 Million euro
in 2024
All-time low
760.53 Million euro
in 1990
Years of data
35
1990–2024
Expenditure on old age function by type of benefit and means-testing in Luxembourg, 1990–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for expenditure on old age function by type of benefit and means-testing in Luxembourg is 6,915 Million euro, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 8.8% on the previous year and up 112.3% over ten years.
Over the whole period, expenditure on old age function by type of benefit and means-testing in Luxembourg peaked at 6,915 Million euro in 2024 and was at its lowest, 760.53 Million euro, in 1990.
Luxembourg ranks 28th of 45 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.
Expenditure on old age function by type of benefit and means-testing in Luxembourg, year by year
| Year | Million euro | Change |
|---|---|---|
| 1990 | 760.53 Million euro | — |
| 1991 | 883.97 Million euro | +16.2% |
| 1992 | 960.13 Million euro | +8.6% |
| 1993 | 1,084 Million euro | +12.9% |
| 1994 | 1,182 Million euro | +9.1% |
| 1995 | 1,304 Million euro | +10.2% |
| 1996 | 1,324 Million euro | +1.6% |
| 1997 | 1,368 Million euro | +3.3% |
| 1998 | 1,405 Million euro | +2.7% |
| 1999 | 1,458 Million euro | +3.8% |
| 2000 | 1,528 Million euro | +4.8% |
| 2001 | 1,210 Million euro | -20.8% |
| 2002 | 1,334 Million euro | +10.2% |
| 2003 | 1,465 Million euro | +9.8% |
| 2004 | 1,555 Million euro | +6.1% |
| 2005 | 1,695 Million euro | +9.0% |
| 2006 | 1,816 Million euro | +7.1% |
| 2007 | 1,928 Million euro | +6.2% |
| 2008 | 2,077 Million euro | +7.7% |
| 2009 | 2,283 Million euro | +9.9% |
| 2010 | 2,397 Million euro | +5.0% |
| 2011 | 2,582 Million euro | +7.7% |
| 2012 | 2,830 Million euro | +9.6% |
| 2013 | 3,023 Million euro | +6.8% |
| 2014 | 3,257 Million euro | +7.7% |
| 2015 | 3,475 Million euro | +6.7% |
| 2016 | 3,634 Million euro | +4.6% |
| 2017 | 3,920 Million euro | +7.9% |
| 2018 | 4,152 Million euro | +5.9% |
| 2019 | 4,440 Million euro | +6.9% |
| 2020 | 4,830 Million euro | +8.8% |
| 2021 | 5,201 Million euro | +7.7% |
| 2022 | 5,609 Million euro | +7.8% |
| 2023 | 6,358 Million euro | +13.4% |
| 2024 | 6,915 Million euro | +8.8% |
Luxembourg compared with similar countries
- Luxembourg's 6,915 Million euro is below the median for Europe & Central Asia, which is 26,846 Million euro, 26% of the median. (34 countries reporting)
- Luxembourg's 6,915 Million euro is below the median for high income countries, which is 29,628 Million euro, 23% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,173 Million euro | 760.53 Million euro | 1,458 Million euro | 10 |
| 2000s | 1,689 Million euro | 1,210 Million euro | 2,283 Million euro | 10 |
| 2010s | 3,371 Million euro | 2,397 Million euro | 4,440 Million euro | 10 |
| 2020s | 5,783 Million euro | 4,830 Million euro | 6,915 Million euro | 5 |
Countries ranked near Luxembourg
More reference data data for Luxembourg
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.041 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0209 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1381 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0065 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1381 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1376 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.099 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1147 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.6709 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0353 (2050)
Frequently asked questions
- What is expenditure on old age function by type of benefit and means-testing in Luxembourg?
- Expenditure on old age function by type of benefit and means-testing in Luxembourg was 6,915 Million euro in 2024, according to Eurostat.
- What is the highest expenditure on old age function by type of benefit and means-testing recorded in Luxembourg?
- The highest recorded value was 6,915 Million euro in 2024.
- What is the lowest expenditure on old age function by type of benefit and means-testing recorded in Luxembourg?
- The lowest recorded value was 760.53 Million euro in 1990.
- How does Luxembourg rank for expenditure on old age function by type of benefit and means-testing?
- Luxembourg ranks 28th out of 45 countries with data for 2024.
- Is expenditure on old age function by type of benefit and means-testing rising or falling in Luxembourg?
- Over the last ten years it is up 112.3%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Eurostat, published as part of Expenditure on old age function by type of benefit and means-testing. Statizoid updates them automatically from the source API.
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