Government finances

Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.

Govt expenditure
42.2% GDP
2023
Budget surplus
0.8% GDP
2024

Price level

Luxembourg is 5.9% cheaper than the USA overall (2025). Index: USA = 100.

Overall price level
94.1(USA=100)
2025

Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only. Detailed category-level price data (EU27=100) available on the EU country page.

Tax rates

Labour tax wedge
33.3% of labour cost
2025
Top income tax rate
42%
2024
Corporate tax rate
24.9%
2024
Standard VAT rate
17%
2024

Statutory rates 2024: OECD Taxing Wages / EC Taxation Trends. Labour wedge: Eurostat earn_nt_taxrate (EEA/EU countries only).

Data sources

DatasetSourceCoverage
Govt debt / expenditure / revenue / surplusWorld Bank WDI (GC.* indicators)2000–2024
Price level index (USA=100)World Bank WDI PPP/XR ratio1990–2023
Labour tax wedgeEurostat earn_nt_taxrateEEA/EU only
Statutory tax ratesOECD / EC Taxation Trends 2024EU+EFTA only
Luxembourg — nstate — nstate