24Peaks / Europe / Luxembourg / Government Total Liabilities (% of GDP)

Luxembourg - Government Total Liabilities (% of GDP) 31.8

IMF Government Finance Statistics · updated 2026-10-03 · 78 economies tracked

Latest value

31.8 (2024)

Global rank

##48 of 78 economies

Share of global total

0.8%

Growth since 1998

1.43×

Ranking Race — Government Total Liabilities (% of GDP)

1 = global #1 · higher value ranks higher

#1#11#21#31#41#5119901995200020052010201520202025#28#482023 overtook Bulgaria2024 overtook Bosnia and Herzegovina
LuxembourgUnited StatesCanadaNew ZealandTürkiye

Real annual global ranks, 1990 - 2025. Luxembourg climbed from #28 to #48 (overtook Bulgaria). Gaps in a lane = missing data that year.

Key events for Luxembourg ↓

Key Events — Luxembourg

Auto-detected from rank data + curated milestones

2023
Overtook Bulgaria in global rank auto
2024
Overtook Bosnia and Herzegovina in global rank auto

Government Total Liabilities (% of GDP), 1998-2024

IMF Government Finance Statistics · % of GDP · linear scale · ranking in the race above
199820082018202417.2122.4727.7433
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