Central government debt, total (% of GDP) for Luxembourg
DEBTTLLUA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.90
Year-over-Year Change
15.13%
Date Range
1/1/1990 - 1/1/1993
Summary
The 'Central government debt, total (% of GDP) for Luxembourg' trend measures the total debt of the Luxembourg government as a percentage of its gross domestic product (GDP). This metric is crucial for economists and policymakers to assess the country's fiscal health and sustainability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This trend represents the outstanding debt owed by the central government of Luxembourg, including domestic and foreign liabilities. It is an important indicator of a country's fiscal position and can influence its creditworthiness, borrowing costs, and ability to implement economic policies.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF).
Historical Context
Governments and international organizations use this trend to evaluate Luxembourg's fiscal and economic performance relative to other countries.
Key Facts
- Luxembourg's government debt-to-GDP ratio was 24.9% in 2021.
- The debt-to-GDP ratio has remained relatively low compared to other European countries.
- Luxembourg's debt levels are among the lowest in the European Union.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding debt owed by the central government of Luxembourg as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for assessing Luxembourg's fiscal health and sustainability, as well as its creditworthiness and ability to implement economic policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: Governments and international organizations use this trend to evaluate Luxembourg's fiscal and economic performance relative to other countries.
Q: Are there update delays or limitations?
A: The data is updated regularly by the IMF, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Central government debt, total (% of GDP) for Luxembourg (DEBTTLLUA188A), retrieved from FRED.