Interest payments in Luxembourg
Luxembourg: Interest payments was 243.70 million current LCU in 2024. ◆ Volatile
Interest payments in Luxembourg, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, interest payments in Luxembourg stood at 243.70 million current LCU. That is the highest value across all 53 years on record.
The figure is up 17.1% on the previous year and up 19.7% over ten years.
Over the whole period, interest payments in Luxembourg peaked at 243.70 million current LCU in 2024 and was at its lowest, 11.38 million current LCU, in 1992.
That places Luxembourg 138th out of 155 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.02 million current LCU | 16.48 million current LCU | 28.88 million current LCU | 8 |
| 1980s | 29.79 million current LCU | 18.20 million current LCU | 39.86 million current LCU | 10 |
| 1990s | 38.67 million current LCU | 11.38 million current LCU | 68.77 million current LCU | 10 |
| 2000s | 65.65 million current LCU | 40.97 million current LCU | 124.27 million current LCU | 10 |
| 2010s | 204.48 million current LCU | 163.36 million current LCU | 238.00 million current LCU | 10 |
| 2020s | 160.96 million current LCU | 103.40 million current LCU | 243.70 million current LCU | 5 |
Countries ranked near Luxembourg
More public sector data for Luxembourg
- Arms imports 3.00 million SIPRI trend indicator values (2024)
- Tax revenue 28.6% (2024)
- Taxes on income, profits and capital gains 35.6% (2024)
- Taxes on goods and services 25.3% (2024)
- Net investment in nonfinancial assets 2.9% (2024)
- Net lending (+) / net borrowing (-) 0.8% (2024)
- Interest payments 0.6% (2024)
- Grants and other revenue 8.4% (1994)
- Interest payments 0.6% (2023)
- Other taxes 3.4% (2024)
Frequently asked questions
- What is interest payments in Luxembourg?
- Interest payments in Luxembourg was 243.70 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Luxembourg?
- The highest recorded value was 243.70 million current LCU in 2024.
- What is the lowest interest payments recorded in Luxembourg?
- The lowest recorded value was 11.38 million current LCU in 1992.
- How does Luxembourg rank for interest payments?
- Luxembourg ranks 138th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Luxembourg?
- Over the last ten years it is up 19.7%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.