Other expense in Luxembourg
Luxembourg: Other expense was 12.1% in 2023. ◆ Volatile
Other expense in Luxembourg, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Luxembourg recorded 12.1% for other expense in 2023.
Compared with earlier readings it is up 3.3% on the previous year and up 220.6% over ten years.
Over the whole period, other expense in Luxembourg peaked at 12.4% in 2021 and was at its lowest, 3.0%, in 1993.
That places Luxembourg 33rd out of 147 countries with data for 2023, putting it in the top 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 |
|---|---|---|---|---|
| 1990s | 3.3% | 3.0% | 4.2% | 10 |
| 2000s | 3.4% | 3.2% | 3.6% | 10 |
| 2010s | 3.9% | 3.5% | 4.0% | 10 |
| 2020s | 10.0% | 3.8% | 12.4% | 4 |
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 other expense in Luxembourg?
- Other expense in Luxembourg was 12.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Luxembourg?
- The highest recorded value was 12.4% in 2021.
- What is the lowest other expense recorded in Luxembourg?
- The lowest recorded value was 3.0% in 1993.
- How does Luxembourg rank for other expense?
- Luxembourg ranks 33rd out of 147 countries with data for 2023.
- Is other expense rising or falling in Luxembourg?
- Over the last ten years it is up 220.6%. 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 Other expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.