- Home
- Countries
- Luxembourg
- Prices & public finance
LU
Prices & public finance · Europe & Central Asia · High income
Luxembourg: prices, money and public finance
Inflation is 2.3% (2025), 114th of 180 in the world and 39th of 49 in Europe & Central Asia. GDP deflator is 3.2% (2025), 106th of 209 in the world and 32nd of 56 in Europe & Central Asia. Exchange rate is 0.88 (2025), 191st of 210 in the world and 45th of 57 in Europe & Central Asia.
Inflation
LuxembourgEurope & Central AsiaHigh incomeWorld
GDP deflator
LuxembourgEurope & Central AsiaHigh incomeWorld
9 indicators
Prices & public finance: Luxembourg in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 2.3%2025 | 114/180 | 39/49 | 3.2% | 2.3% | 0.8% | +1.8 ppsince 2015 | 3.7% | 2.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 3.2%2025 | 106/209 | 32/56 | 4.6% | 4.6% | 3.9% | +1.0 ppsince 2015 | 3.6% | 2.6% | 3.3% | |
| Exchange rateOfficial exchange rate, local currency per US$ | 0.882025 | 191/210 | 45/57 | 1.08 | 0.75 | 0.88 | −1.8%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 28.6%2024 | 5/142 | 2/48 | 25.5% | 23.8% | 25.7% | +3.9 ppsince 2014 | 19.7% | 15.3% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 44.6%2024 | 7/142 | 4/48 | 40.6% | 39.1% | 41.2% | +4.9 ppsince 2014 | 34.7% | 26.3% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 42.2%2023 | 14/142 | 9/47 | 34.1% | 37.6% | 42.9% | +3.7 ppsince 2013 | 38.9% | 30.1% | 28.5% | |
| Private creditDomestic credit to private sector, % of GDP | 85.1%2024 | 27/169 | 9/48 | 78.5%2001 | 86.1% | 110.2% | −1.2 ppsince 2014 | 82.1% | 152.1% | 140.3% | |
| Reserves, months of importsTotal reserves in months of imports | 0.12025 | 165/165 | 49/49 | 0.0 | 0.0 | 0.0 | +167%since 2015 | 6.3 | 7.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 0.85%2025 | 127/156 | 41/47 | 0.60% | 0.32% | 0.49% | +0.6 ppsince 2015 | 2.83% | 2.80% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Reserves, months of imports+167%0.1 in 2025
Worse than ten years ago
- Inflation+1.8 pp2.3% in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Luxembourg and its neighbours
Countries sharing a land border with Luxembourg. Latest values since 2005; the highest in each row is marked.
| Indicator | Luxembourg | Germany | France | Belgium |
|---|---|---|---|---|
| Inflation | 2.3%2025 | 2.2%2025 | 0.9%2025 | 2.5%2025 |
| GDP deflator | 3.2%2025 | 3.0%2025 | 1.2%2025 | 2.6%2025 |
| Exchange rate | 0.882025 | 0.882025 | 0.882025 | 0.882025 |
| Tax revenue | 28.6%2024 | 10.9%2024 | 22.8%2024 | 23.0%2024 |
| Government revenue | 44.6%2024 | 29.4%2024 | 42.1%2024 | 37.9%2024 |
| Government expense | 42.2%2023 | 31.2%2022 | 47.3%2023 | 39.7%2022 |
| Private credit | 85.1%2024 | 77.3%2023 | 107.6%2024 | 68.1%2024 |
| Reserves, months of imports | 0.12025 | 3.12025 | 3.42025 | 1.02025 |
| Military spending | 0.85%2025 | 2.27%2025 | 2.03%2025 | 2.01%2025 |