Military spending, annual growth rate in Luxembourg

Luxembourg: Military spending, annual growth rate was 10.04 % change on previous year in 2023. ◆ Volatile

Latest (2023)
10.04 % change on previous year
Change on year
up 63.1%
World rank
41st
of 172 countries
All-time high
57.65 % change on previous year
in 1952
All-time low
-21.66 % change on previous year
in 1960
Years of data
99
1921–2023

Military spending, annual growth rate in Luxembourg, 1921–2023

-200204060192119722023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military spending, annual growth rate in Luxembourg is 10.04 % change on previous year, measured in 2023.

The figure is up 63.1% on the previous year and up 348.1% over ten years.

Over the whole period, military spending, annual growth rate in Luxembourg peaked at 57.65 % change on previous year in 1952 and was at its lowest, -21.66 % change on previous year, in 1960.

Luxembourg ranks 41st of 172 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Luxembourg, year by year

Annual values for Military spending, annual growth rate in Luxembourg, 1921 to 2023.
Year % change on previous year Change
1921 22.02 % change on previous year
1922 4.1 % change on previous year -81.4%
1923 -2.17 % change on previous year -152.8%
1924 -13.88 % change on previous year +540.7%
1925 15.5 % change on previous year -211.7%
1926 8.35 % change on previous year -46.2%
1927 4.95 % change on previous year -40.8%
1928 11.84 % change on previous year +139.5%
1929 20.25 % change on previous year +71.0%
1930 11.38 % change on previous year -43.8%
1931 9 % change on previous year -20.9%
1932 -0.5086 % change on previous year -105.7%
1933 1.49 % change on previous year -393.8%
1934 38.22 % change on previous year +2457.5%
1935 1.57 % change on previous year -95.9%
1936 8.81 % change on previous year +461.4%
1937 10.58 % change on previous year +20.1%
1938 47.96 % change on previous year +353.4%
1939 41.63 % change on previous year -13.2%
1940 30.57 % change on previous year -26.6%
1945 19.52 % change on previous year -36.1%
1946 -3.84 % change on previous year -119.7%
1947 0.8827 % change on previous year -123.0%
1948 -6.23 % change on previous year -806.1%
1949 25.67 % change on previous year -511.9%
1950 19.93 % change on previous year -22.4%
1951 40.57 % change on previous year +103.5%
1952 57.65 % change on previous year +42.1%
1953 9.95 % change on previous year -82.7%
1954 15.67 % change on previous year +57.5%
1955 -10.84 % change on previous year -169.2%
1956 -7.93 % change on previous year -26.8%
1957 -3.58 % change on previous year -54.9%
1958 -7.73 % change on previous year +116.0%
1959 -14.69 % change on previous year +90.1%
1960 -21.66 % change on previous year +47.5%
1961 8.51 % change on previous year -139.3%
1962 10.13 % change on previous year +19.2%
1963 5.19 % change on previous year -48.8%
1964 20.48 % change on previous year +294.4%
1965 6.53 % change on previous year -68.1%
1966 0.5583 % change on previous year -91.5%
1967 -12.01 % change on previous year -2250.4%
1968 -11.72 % change on previous year -2.3%
1969 -2.42 % change on previous year -79.4%
1970 4.48 % change on previous year -285.5%
1971 6.37 % change on previous year +42.2%
1972 6.32 % change on previous year -0.8%
1973 14.16 % change on previous year +123.9%
1974 1.92 % change on previous year -86.4%
1975 13.91 % change on previous year +624.7%
1976 6.87 % change on previous year -50.6%
1977 0.1799 % change on previous year -97.4%
1978 14.38 % change on previous year +7890.5%
1979 7.97 % change on previous year -44.6%
1980 4.3 % change on previous year -46.1%
1981 -4.56 % change on previous year -206.2%
1982 -0.6468 % change on previous year -85.8%
1983 -3.54 % change on previous year +447.4%
1984 0.9516 % change on previous year -126.9%
1985 -0.4278 % change on previous year -145.0%
1986 6.75 % change on previous year -1678.2%
1987 30.38 % change on previous year +350.0%
1988 4.34 % change on previous year -85.7%
1989 0.1953 % change on previous year -95.5%
1990 5.05 % change on previous year +2487.4%
1991 9.48 % change on previous year +87.6%
1992 4.18 % change on previous year -55.9%
1993 4.71 % change on previous year +12.7%
1994 1.33 % change on previous year -71.8%
1995 8.21 % change on previous year +518.1%
1996 0.4431 % change on previous year -94.6%
1997 -1.59 % change on previous year -457.8%
1998 2.54 % change on previous year -260.0%
1999 -0.5417 % change on previous year -121.3%
2000 0.2493 % change on previous year -146.0%
2001 5.52 % change on previous year +2114.1%
2002 11.42 % change on previous year +106.9%
2003 8.07 % change on previous year -29.4%
2004 18.15 % change on previous year +125.0%
2005 -0.8294 % change on previous year -104.6%
2006 -1.84 % change on previous year +121.8%
2007 3.44 % change on previous year -286.7%
2008 -12.67 % change on previous year -468.8%
2009 1.03 % change on previous year -108.2%
2010 3.07 % change on previous year +196.6%
2011 2.79 % change on previous year -9.1%
2012 -3.3 % change on previous year -218.3%
2013 -4.05 % change on previous year +22.6%
2014 2.03 % change on previous year -150.3%
2015 -8.8 % change on previous year -532.8%
2016 6.4 % change on previous year -172.8%
2017 29.09 % change on previous year +354.2%
2018 23.07 % change on previous year -20.7%
2019 5.21 % change on previous year -77.4%
2020 11.31 % change on previous year +117.1%
2021 4.56 % change on previous year -59.7%
2022 6.16 % change on previous year +35.0%
2023 10.04 % change on previous year +63.1%

Luxembourg compared with similar countries

  • Luxembourg's 10.04 % change on previous year is above the median for high income countries, which is 5.57 % change on previous year, 1.8× the median. (55 countries reporting)
  • Luxembourg's 10.04 % change on previous year is above the median for Europe & Central Asia, which is 7.48 % change on previous year, 1.3× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Luxembourg changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1978 +7890.5% 0.1799 % change on previous year 14.38 % change on previous year
1990 +2487.4% 0.1953 % change on previous year 5.05 % change on previous year
1934 +2457.5% 1.49 % change on previous year 38.22 % change on previous year
1967 -2250.4% 0.5583 % change on previous year -12.01 % change on previous year
2001 +2114.1% 0.2493 % change on previous year 5.52 % change on previous year
1986 +1678.2% -0.4278 % change on previous year 6.75 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1920s 7.88 % change on previous year -13.88 % change on previous year 22.02 % change on previous year 9
1930s 17.01 % change on previous year -0.5086 % change on previous year 47.96 % change on previous year 10
1940s 11.1 % change on previous year -6.23 % change on previous year 30.57 % change on previous year 6
1950s 9.9 % change on previous year -14.69 % change on previous year 57.65 % change on previous year 10
1960s 0.3587 % change on previous year -21.66 % change on previous year 20.48 % change on previous year 10
1970s 7.66 % change on previous year 0.1799 % change on previous year 14.38 % change on previous year 10
1980s 3.77 % change on previous year -4.56 % change on previous year 30.38 % change on previous year 10
1990s 3.38 % change on previous year -1.59 % change on previous year 9.48 % change on previous year 10
2000s 3.25 % change on previous year -12.67 % change on previous year 18.15 % change on previous year 10
2010s 5.55 % change on previous year -8.8 % change on previous year 29.09 % change on previous year 10
2020s 8.02 % change on previous year 4.56 % change on previous year 11.31 % change on previous year 4

Countries ranked near Luxembourg

  1. 38 Malawi 10.45 % change on previous year compare
  2. 39 Taiwan 10.16 % change on previous year compare
  3. 40 Somalia 10.07 % change on previous year compare
  4. 42 Portugal 10.03 % change on previous year compare
  5. 43 Nicaragua 9.98 % change on previous year compare
  6. 44 Ethiopia 9.75 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is military spending, annual growth rate in Luxembourg?
Military spending, annual growth rate in Luxembourg was 10.04 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Luxembourg?
The highest recorded value was 57.65 % change on previous year in 1952.
What is the lowest military spending, annual growth rate recorded in Luxembourg?
The lowest recorded value was -21.66 % change on previous year in 1960.
How does Luxembourg rank for military spending, annual growth rate?
Luxembourg ranks 41st out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Luxembourg?
Over the last ten years it is up 348.1%. The long-run trend across the full record is volatile.
Where does this Luxembourg data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in Luxembourg. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/luxembourg/

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<a href="https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/luxembourg/">Military spending, annual growth rate in Luxembourg</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.