Military spending in Luxembourg

Luxembourg: Military spending was 641.81 million constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
641.81 million constant 2022 US$
Change on year
up 10.0%
World rank
99th
of 172 countries
All-time high
641.81 million constant 2022 US$
in 2023
All-time low
1.80 million constant 2022 US$
in 1920
Years of data
101
1920–2023

Military spending in Luxembourg, 1920–2023

0200.0M400.0M600.0M192019712023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

The most recent figure for military spending in Luxembourg is 641.81 million constant 2022 US$, measured in 2023. That is the highest value across all 101 years on record.

The figure is up 10.0% on the previous year and up 125.0% over ten years.

Over the whole period, military spending in Luxembourg peaked at 641.81 million constant 2022 US$ in 2023 and was at its lowest, 1.80 million constant 2022 US$, in 1920.

That places Luxembourg 99th out of 172 countries with data for 2023, putting it in the middle of the range.

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

Military spending in Luxembourg, year by year

Annual values for Military spending in Luxembourg, 1920 to 2023.
Year constant 2022 US$ Change
1920 1.80 million constant 2022 US$
1921 2.19 million constant 2022 US$ +22.0%
1922 2.28 million constant 2022 US$ +4.1%
1923 2.23 million constant 2022 US$ -2.2%
1924 1.92 million constant 2022 US$ -13.9%
1925 2.22 million constant 2022 US$ +15.5%
1926 2.41 million constant 2022 US$ +8.3%
1927 2.53 million constant 2022 US$ +4.9%
1928 2.83 million constant 2022 US$ +11.8%
1929 3.40 million constant 2022 US$ +20.3%
1930 3.79 million constant 2022 US$ +11.4%
1931 4.13 million constant 2022 US$ +9.0%
1932 4.11 million constant 2022 US$ -0.5%
1933 4.17 million constant 2022 US$ +1.5%
1934 5.76 million constant 2022 US$ +38.2%
1935 5.85 million constant 2022 US$ +1.6%
1936 6.37 million constant 2022 US$ +8.8%
1937 7.04 million constant 2022 US$ +10.6%
1938 10.41 million constant 2022 US$ +48.0%
1939 14.75 million constant 2022 US$ +41.6%
1940 19.26 million constant 2022 US$ +30.6%
1944 19.54 million constant 2022 US$ +1.4%
1945 23.35 million constant 2022 US$ +19.5%
1946 22.45 million constant 2022 US$ -3.8%
1947 22.65 million constant 2022 US$ +0.9%
1948 21.24 million constant 2022 US$ -6.2%
1949 26.69 million constant 2022 US$ +25.7%
1950 32.01 million constant 2022 US$ +19.9%
1951 45.00 million constant 2022 US$ +40.6%
1952 70.95 million constant 2022 US$ +57.7%
1953 78.01 million constant 2022 US$ +10.0%
1954 90.23 million constant 2022 US$ +15.7%
1955 80.45 million constant 2022 US$ -10.8%
1956 74.07 million constant 2022 US$ -7.9%
1957 71.42 million constant 2022 US$ -3.6%
1958 65.90 million constant 2022 US$ -7.7%
1959 56.22 million constant 2022 US$ -14.7%
1960 44.04 million constant 2022 US$ -21.7%
1961 47.79 million constant 2022 US$ +8.5%
1962 52.63 million constant 2022 US$ +10.1%
1963 55.36 million constant 2022 US$ +5.2%
1964 66.70 million constant 2022 US$ +20.5%
1965 71.06 million constant 2022 US$ +6.5%
1966 71.45 million constant 2022 US$ +0.6%
1967 62.87 million constant 2022 US$ -12.0%
1968 55.50 million constant 2022 US$ -11.7%
1969 54.16 million constant 2022 US$ -2.4%
1970 56.59 million constant 2022 US$ +4.5%
1971 60.20 million constant 2022 US$ +6.4%
1972 64.00 million constant 2022 US$ +6.3%
1973 73.06 million constant 2022 US$ +14.2%
1974 74.46 million constant 2022 US$ +1.9%
1975 84.82 million constant 2022 US$ +13.9%
1976 90.65 million constant 2022 US$ +6.9%
1977 90.82 million constant 2022 US$ +0.2%
1978 103.87 million constant 2022 US$ +14.4%
1979 112.15 million constant 2022 US$ +8.0%
1980 116.97 million constant 2022 US$ +4.3%
1981 111.63 million constant 2022 US$ -4.6%
1982 110.91 million constant 2022 US$ -0.6%
1983 106.98 million constant 2022 US$ -3.5%
1984 108.00 million constant 2022 US$ +1.0%
1985 107.54 million constant 2022 US$ -0.4%
1986 114.80 million constant 2022 US$ +6.8%
1987 149.68 million constant 2022 US$ +30.4%
1988 156.18 million constant 2022 US$ +4.3%
1989 156.49 million constant 2022 US$ +0.2%
1990 164.39 million constant 2022 US$ +5.1%
1991 179.98 million constant 2022 US$ +9.5%
1992 187.50 million constant 2022 US$ +4.2%
1993 196.34 million constant 2022 US$ +4.7%
1994 198.95 million constant 2022 US$ +1.3%
1995 215.28 million constant 2022 US$ +8.2%
1996 216.24 million constant 2022 US$ +0.4%
1997 212.81 million constant 2022 US$ -1.6%
1998 218.21 million constant 2022 US$ +2.5%
1999 217.03 million constant 2022 US$ -0.5%
2000 217.57 million constant 2022 US$ +0.2%
2001 229.58 million constant 2022 US$ +5.5%
2002 255.80 million constant 2022 US$ +11.4%
2003 276.43 million constant 2022 US$ +8.1%
2004 326.62 million constant 2022 US$ +18.2%
2005 323.91 million constant 2022 US$ -0.8%
2006 317.95 million constant 2022 US$ -1.8%
2007 328.87 million constant 2022 US$ +3.4%
2008 287.20 million constant 2022 US$ -12.7%
2009 290.18 million constant 2022 US$ +1.0%
2010 299.08 million constant 2022 US$ +3.1%
2011 307.42 million constant 2022 US$ +2.8%
2012 297.28 million constant 2022 US$ -3.3%
2013 285.25 million constant 2022 US$ -4.0%
2014 291.05 million constant 2022 US$ +2.0%
2015 265.43 million constant 2022 US$ -8.8%
2016 282.43 million constant 2022 US$ +6.4%
2017 364.58 million constant 2022 US$ +29.1%
2018 448.69 million constant 2022 US$ +23.1%
2019 472.07 million constant 2022 US$ +5.2%
2020 525.48 million constant 2022 US$ +11.3%
2021 549.44 million constant 2022 US$ +4.6%
2022 583.26 million constant 2022 US$ +6.2%
2023 641.81 million constant 2022 US$ +10.0%

Luxembourg compared with similar countries

  • Luxembourg's 641.81 million constant 2022 US$ is below the median for high income countries, which is 6.50 billion constant 2022 US$, 10% of the median. (55 countries reporting)
  • Luxembourg's 641.81 million constant 2022 US$ is below the median for Europe & Central Asia, which is 2.44 billion constant 2022 US$, 26% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending 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
1952 +57.7% 45.00 million constant 2022 US$ 70.95 million constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1920s 2.38 million constant 2022 US$ 1.80 million constant 2022 US$ 3.40 million constant 2022 US$ 10
1930s 6.64 million constant 2022 US$ 3.79 million constant 2022 US$ 14.75 million constant 2022 US$ 10
1940s 22.17 million constant 2022 US$ 19.26 million constant 2022 US$ 26.69 million constant 2022 US$ 7
1950s 66.43 million constant 2022 US$ 32.01 million constant 2022 US$ 90.23 million constant 2022 US$ 10
1960s 58.16 million constant 2022 US$ 44.04 million constant 2022 US$ 71.45 million constant 2022 US$ 10
1970s 81.06 million constant 2022 US$ 56.59 million constant 2022 US$ 112.15 million constant 2022 US$ 10
1980s 123.92 million constant 2022 US$ 106.98 million constant 2022 US$ 156.49 million constant 2022 US$ 10
1990s 200.67 million constant 2022 US$ 164.39 million constant 2022 US$ 218.21 million constant 2022 US$ 10
2000s 285.41 million constant 2022 US$ 217.57 million constant 2022 US$ 328.87 million constant 2022 US$ 10
2010s 331.33 million constant 2022 US$ 265.43 million constant 2022 US$ 472.07 million constant 2022 US$ 10
2020s 575.00 million constant 2022 US$ 525.48 million constant 2022 US$ 641.81 million constant 2022 US$ 4

Countries ranked near Luxembourg

  1. 96 Burkina Faso 793.65 million constant 2022 US$ compare
  2. 97 Bolivia 713.62 million constant 2022 US$ compare
  3. 98 Cyprus 662.13 million constant 2022 US$ compare
  4. 100 Democratic Republic of Congo 640.30 million constant 2022 US$ compare
  5. 101 Botswana 639.15 million constant 2022 US$ compare
  6. 102 Turkmenistan 609.92 million constant 2022 US$ 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 in Luxembourg?
Military spending in Luxembourg was 641.81 million constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Luxembourg?
The highest recorded value was 641.81 million constant 2022 US$ in 2023.
What is the lowest military spending recorded in Luxembourg?
The lowest recorded value was 1.80 million constant 2022 US$ in 1920.
How does Luxembourg rank for military spending?
Luxembourg ranks 99th out of 172 countries with data for 2023.
Is military spending rising or falling in Luxembourg?
Over the last ten years it is up 125.0%. The long-run trend across the full record is volatile.
Where does this Luxembourg data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 101 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Military spending in Luxembourg. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/luxembourg/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/military-spending-gmsd/luxembourg/">Military spending in Luxembourg</a> — Statizoid

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.