Luxembourg | Interest payments (% of revenue)

Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Grand Duchy of Luxembourg
Records
63
Source
Luxembourg | Interest payments (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 2.94026617
1973 2.5809735
1974 2.09079526
1975 1.85958451
1976 1.7874299
1977 1.8407458
1978 1.91852076
1979 2.00368058
1980 1.83753147
1981 1.87154284
1982 0.92271333
1983 0.93694971
1984 1.15802619
1985 1.28906436
1986 1.27404196
1987 1.41095951
1988 1.06110229
1989 0.80572113
1990 0.54363108
1991 0.37763666
1992 0.2484183
1993 0.42378532
1994 0.39472298
1995 1.00299784
1996 0.82556026
1997 0.73026038
1998 0.79821194
1999 0.83000252
2000 0.65053497
2001 0.58058856
2002 0.51400306
2003 0.46241085
2004 0.3669531
2005 0.35559555
2006 0.39534003
2007 0.50036031
2008 0.66377681
2009 0.79951285
2010 0.98570052
2011 1.18600865
2012 1.12858068
2013 1.21831997
2014 0.98984007
2015 0.93118251
2016 0.92449557
2017 0.91419979
2018 0.82092987
2019 0.77212586
2020 0.54809273
2021 0.38189987
2022

Luxembourg | Interest payments (% of revenue)

Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Grand Duchy of Luxembourg
Records
63
Source