Share of government expenditure going to interest payments in Luxembourg
Luxembourg: Share of government expenditure going to interest payments was 0.6004 in 2023. ◆ Volatile
Latest (2023)
0.6004
Change on year
up 69.3%
World rank
144th
of 152 countries
All-time high
3.45
in 1972
All-time low
0.2799
in 1992
Years of data
52
1972–2023
Share of government expenditure going to interest payments in Luxembourg, 1972–2023
Source: Our World in Data.
Analysis
Luxembourg recorded 0.6004 for share of government expenditure going to interest payments in 2023.
That represents a change of up 69.3% on the previous year and down 52.3% over ten years.
Over the whole period, share of government expenditure going to interest payments in Luxembourg peaked at 3.45 in 1972 and was at its lowest, 0.2799, in 1992.
Luxembourg ranks 144th of 152 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Share of government expenditure going to interest payments in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1972 | 3.45 | — |
| 1973 | 3.17 | -8.2% |
| 1974 | 2.68 | -15.4% |
| 1975 | 2.1 | -21.8% |
| 1976 | 2 | -4.7% |
| 1977 | 2.07 | +3.7% |
| 1978 | 2.27 | +9.7% |
| 1979 | 2.2 | -3.4% |
| 1980 | 2.08 | -5.5% |
| 1981 | 2.05 | -1.4% |
| 1982 | 0.9778 | -52.3% |
| 1983 | 1.03 | +5.3% |
| 1984 | 1.3 | +26.8% |
| 1985 | 1.56 | +19.3% |
| 1986 | 1.52 | -2.2% |
| 1987 | 1.62 | +6.1% |
| 1988 | 1.2 | -25.7% |
| 1989 | 0.9933 | -17.3% |
| 1990 | 0.6301 | -36.6% |
| 1991 | 0.4377 | -30.5% |
| 1992 | 0.2799 | -36.0% |
| 1993 | 0.4817 | +72.1% |
| 1994 | 0.448 | -7.0% |
| 1995 | 1.09 | +143.3% |
| 1996 | 0.8917 | -18.2% |
| 1997 | 0.795 | -10.8% |
| 1998 | 0.8927 | +12.3% |
| 1999 | 0.9371 | +5.0% |
| 2000 | 0.7735 | -17.5% |
| 2001 | 0.6716 | -13.2% |
| 2002 | 0.5689 | -15.3% |
| 2003 | 0.4894 | -14.0% |
| 2004 | 0.3746 | -23.5% |
| 2005 | 0.3786 | +1.1% |
| 2006 | 0.4299 | +13.6% |
| 2007 | 0.5768 | +34.2% |
| 2008 | 0.7415 | +28.6% |
| 2009 | 0.8229 | +11.0% |
| 2010 | 1.02 | +24.6% |
| 2011 | 1.24 | +21.0% |
| 2012 | 1.16 | -6.2% |
| 2013 | 1.26 | +8.1% |
| 2014 | 1.04 | -17.1% |
| 2015 | 0.9868 | -5.3% |
| 2016 | 0.9919 | +0.5% |
| 2017 | 0.9668 | -2.5% |
| 2018 | 0.8842 | -8.5% |
| 2019 | 0.8125 | -8.1% |
| 2020 | 0.4995 | -38.5% |
| 2021 | 0.3629 | -27.3% |
| 2022 | 0.3547 | -2.3% |
| 2023 | 0.6004 | +69.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.49 | 2 | 3.45 | 8 |
| 1980s | 1.43 | 0.9778 | 2.08 | 10 |
| 1990s | 0.6884 | 0.2799 | 1.09 | 10 |
| 2000s | 0.5828 | 0.3746 | 0.8229 | 10 |
| 2010s | 1.04 | 0.8125 | 1.26 | 10 |
| 2020s | 0.4543 | 0.3547 | 0.6004 | 4 |
Countries ranked near Luxembourg
- 141 Kiribati 0.7541 compare
- 142 Iran, Islamic Republic of 0.7311 compare
- 143 Congo, Democratic Republic of the 0.6782 compare
- 145 Micronesia, Federated States of 0.5995 compare
- 146 Palau 0.501 compare
- 147 Marshall Islands 0.462 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 share of government expenditure going to interest payments in Luxembourg?
- Share of government expenditure going to interest payments in Luxembourg was 0.6004 in 2023, according to Our World in Data.
- What is the highest share of government expenditure going to interest payments recorded in Luxembourg?
- The highest recorded value was 3.45 in 1972.
- What is the lowest share of government expenditure going to interest payments recorded in Luxembourg?
- The lowest recorded value was 0.2799 in 1992.
- How does Luxembourg rank for share of government expenditure going to interest payments?
- Luxembourg ranks 144th out of 152 countries with data for 2023.
- Is share of government expenditure going to interest payments rising or falling in Luxembourg?
- Over the last ten years it is down 52.3%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.
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