Government guarantees in Luxembourg
Luxembourg: Government guarantees was 5,289 Million units of national currency in 2024. ▲ Rising
Government guarantees in Luxembourg, 2010–2024
Source: Eurostat. Measured in Million units of national currency.
Analysis
In 2024, government guarantees in Luxembourg stood at 5,289 Million units of national currency.
That represents a change of down 19.4% on the previous year and down 13.6% over ten years.
Over the whole period, government guarantees in Luxembourg peaked at 7,149 Million units of national currency in 2020 and was at its lowest, 2,256 Million units of national currency, in 2010.
Luxembourg ranks 19th of 35 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Government guarantees in Luxembourg, year by year
| Year | Million units of national currency | Change |
|---|---|---|
| 2010 | 2,256 Million units of national currency | — |
| 2011 | 3,393 Million units of national currency | +50.4% |
| 2012 | 4,171 Million units of national currency | +22.9% |
| 2013 | 4,176 Million units of national currency | +0.1% |
| 2014 | 6,119 Million units of national currency | +46.6% |
| 2015 | 5,891 Million units of national currency | -3.7% |
| 2016 | 6,834 Million units of national currency | +16.0% |
| 2017 | 6,731 Million units of national currency | -1.5% |
| 2018 | 6,688 Million units of national currency | -0.6% |
| 2019 | 6,638 Million units of national currency | -0.7% |
| 2020 | 7,149 Million units of national currency | +7.7% |
| 2021 | 6,344 Million units of national currency | -11.3% |
| 2022 | 6,527 Million units of national currency | +2.9% |
| 2023 | 6,564 Million units of national currency | +0.6% |
| 2024 | 5,289 Million units of national currency | -19.4% |
Luxembourg compared with similar countries
- Luxembourg's 5,289 Million units of national currency is below the median for Europe & Central Asia, which is 29,327 Million units of national currency, 18% of the median. (26 countries reporting)
- Luxembourg's 5,289 Million units of national currency is below the median for high income countries, which is 29,308 Million units of national currency, 18% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5,290 Million units of national currency | 2,256 Million units of national currency | 6,834 Million units of national currency | 10 |
| 2020s | 6,375 Million units of national currency | 5,289 Million units of national currency | 7,149 Million units of national currency | 5 |
Countries ranked near Luxembourg
- 16 Belgium 29,308 Million units of national currency compare
- 17 Greece 24,399 Million units of national currency compare
- 18 Portugal 8,913 Million units of national currency compare
- 20 Slovenia 2,261 Million units of national currency compare
- 20 Slovenia 2,261 Million units of national currency compare
- 22 Croatia 1,747 Million units of national currency compare
- 22 Croatia 1,747 Million units of national currency compare
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 government guarantees in Luxembourg?
- Government guarantees in Luxembourg was 5,289 Million units of national currency in 2024, according to Eurostat.
- What is the highest government guarantees recorded in Luxembourg?
- The highest recorded value was 7,149 Million units of national currency in 2020.
- What is the lowest government guarantees recorded in Luxembourg?
- The lowest recorded value was 2,256 Million units of national currency in 2010.
- How does Luxembourg rank for government guarantees?
- Luxembourg ranks 19th out of 35 countries with data for 2024.
- Is government guarantees rising or falling in Luxembourg?
- Over the last ten years it is down 13.6%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Eurostat, published as part of Government guarantees. Statizoid updates them automatically from the source API.
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