In 2018 Luxembourg public debt was 12,587 million euros 14,865 million dollars, has decreased 110 521 million since 2017.
This amount means that the debt in 2018 reached 21.4% of Luxembourg GDP, a 1.6 percentage point fall from 2017, when it was 23% of GDP.
If we check the tables we can see the evolution of Luxembourg debt. It has risen since 2008 in global debt terms, when it was 5,685 million euros 8,361 million dollars and also in terms of GDP percentage, when it amounted to 14.9%.
According to the last data point published, Luxembourg per capita debt in 2018 was 20,908 euros24,692 dollars per inhabitant. In 2017 it was 21,091 euros 23,827 dollars, afterwards dropping by 183 euros 865dollars, and if we again check 2008 we can see that then the debt per person was 11,519 euros16,942 dollars .
The position of Luxembourg, as compared with the rest of the world, has improved in 2018 in terms of GDP percentage. Currently it is country number 15 in the list of debt to GDP and 163 in debt per capita, out of the 186 we publish.