Military expenditure in Luxembourg
Luxembourg: Military expenditure was 871.64 million current USD in 2024. ◆ Volatile
Military expenditure in Luxembourg, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Luxembourg recorded 871.64 million current USD for military expenditure in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 31.6% on the previous year and up 245.8% over ten years.
Over the whole period, military expenditure in Luxembourg peaked at 871.64 million current USD in 2024 and was at its lowest, 4.75 million current USD, in 1960.
Luxembourg ranks 93rd of 167 countries on this measure, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.99 million current USD | 4.75 million current USD | 8.97 million current USD | 10 |
| 1970s | 19.75 million current USD | 7.51 million current USD | 38.27 million current USD | 10 |
| 1980s | 49.38 million current USD | 34.43 million current USD | 77.71 million current USD | 10 |
| 1990s | 114.14 million current USD | 87.36 million current USD | 129.32 million current USD | 10 |
| 2000s | 190.77 million current USD | 115.70 million current USD | 258.43 million current USD | 10 |
| 2010s | 272.54 million current USD | 214.57 million current USD | 381.77 million current USD | 10 |
| 2020s | 574.50 million current USD | 403.26 million current USD | 871.64 million current USD | 5 |
Countries ranked near Luxembourg
- 90 Ethiopia 921.66 million current USD compare
- 91 Tanzania 920.85 million current USD compare
- 92 Democratic Republic of Congo 899.19 million current USD compare
- 94 Cambodia 720.54 million current USD compare
- 95 Cote d'Ivoire 658.35 million current USD compare
- 96 Bolivia 655.13 million current USD compare
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 military expenditure in Luxembourg?
- Military expenditure in Luxembourg was 871.64 million current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Luxembourg?
- The highest recorded value was 871.64 million current USD in 2024.
- What is the lowest military expenditure recorded in Luxembourg?
- The lowest recorded value was 4.75 million current USD in 1960.
- How does Luxembourg rank for military expenditure?
- Luxembourg ranks 93rd out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Luxembourg?
- Over the last ten years it is up 245.8%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)