Back to overview ↗

Government debt

Luxembourg

Luxembourg. General government gross debt. Put borrowing in the context of the economy and explore how it has changed over time.

Debt / GDP · 202526.5%History / IMF estimates
Debt, US$ bn · 202526.8History / IMF estimates
Per person, US$ · 202539,284History / IMF estimates
GDP, US$ bn · 2025101.1History / IMF estimates

What the figures show

History / IMF estimates

Luxembourg: IMF data and estimates put government debt at 26.5% of GDP in 2025. The derived debt amount is US$ 26.8 billion.

  • The debt-to-GDP ratio is 0.2 percentage points above its 2024 level.
  • This is below the median of 52.85% of GDP across 192 countries with data for the selected year.
  • Over 2015–2025, the debt-to-GDP ratio increases by 5.4 percentage points.

The median is not weighted by economic size. A change in the debt-to-GDP ratio does not necessarily imply the same change in the debt amount. About the data ↗

Government debt over time

Debt as % of GDP. Dashed lines: current-year estimate/projection and future projections.

Government debt over time0132538502000200520102015202020252031Luxembourg · 2000: 7.5% — History / IMF estimatesLuxembourg · 2001: 7.6% — History / IMF estimatesLuxembourg · 2002: 7.4% — History / IMF estimatesLuxembourg · 2003: 7.4% — History / IMF estimatesLuxembourg · 2004: 7.8% — History / IMF estimatesLuxembourg · 2005: 8.0% — History / IMF estimatesLuxembourg · 2006: 8.2% — History / IMF estimatesLuxembourg · 2007: 8.1% — History / IMF estimatesLuxembourg · 2008: 14.6% — History / IMF estimatesLuxembourg · 2009: 15.3% — History / IMF estimatesLuxembourg · 2010: 19.1% — History / IMF estimatesLuxembourg · 2011: 18.5% — History / IMF estimatesLuxembourg · 2012: 20.8% — History / IMF estimatesLuxembourg · 2013: 22.4% — History / IMF estimatesLuxembourg · 2014: 21.9% — History / IMF estimatesLuxembourg · 2015: 21.1% — History / IMF estimatesLuxembourg · 2016: 19.6% — History / IMF estimatesLuxembourg · 2017: 21.8% — History / IMF estimatesLuxembourg · 2018: 20.9% — History / IMF estimatesLuxembourg · 2019: 22.3% — History / IMF estimatesLuxembourg · 2020: 24.5% — History / IMF estimatesLuxembourg · 2021: 24.2% — History / IMF estimatesLuxembourg · 2022: 24.9% — History / IMF estimatesLuxembourg · 2023: 24.7% — History / IMF estimatesLuxembourg · 2024: 26.3% — History / IMF estimatesLuxembourg · 2025: 26.5% — History / IMF estimatesLuxembourg · 2026: 28.5% — IMF estimate / projectionLuxembourg · 2027: 30.0% — IMF projectionLuxembourg · 2028: 32.3% — IMF projectionLuxembourg · 2029: 34.7% — IMF projectionLuxembourg · 2030: 37.1% — IMF projectionLuxembourg · 2031: 39.7% — IMF projection
Chart data table
YearLuxembourg (%)Source
203139.7IMF projection
203037.1IMF projection
202934.7IMF projection
202832.3IMF projection
202730.0IMF projection
202628.5IMF estimate / projection
202526.5History / IMF estimates
202426.3History / IMF estimates
202324.7History / IMF estimates
202224.9History / IMF estimates
202124.2History / IMF estimates
202024.5History / IMF estimates
201922.3History / IMF estimates
201820.9History / IMF estimates
201721.8History / IMF estimates
201619.6History / IMF estimates
201521.1History / IMF estimates
201421.9History / IMF estimates
201322.4History / IMF estimates
201220.8History / IMF estimates
201118.5History / IMF estimates
201019.1History / IMF estimates
200915.3History / IMF estimates
200814.6History / IMF estimates
20078.1History / IMF estimates
20068.2History / IMF estimates
20058.0History / IMF estimates
20047.8History / IMF estimates
20037.4History / IMF estimates
20027.4History / IMF estimates
20017.6History / IMF estimates
20007.5History / IMF estimates

The DataMapper API does not provide the actual/estimate cutoff for each country and series. Past years are therefore labelled history/IMF estimates, the current year estimate/projection, and later years projections. Historical values can be revised. There is no simulated real-time debt counter.

Source: IMF WEO · World Economic Outlook (October 2026) · Retrieved 2026-11-01. About the data