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%
Rank
99th
of 172 regions
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 regions 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.

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 regions 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).

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.