Luxembourg - Public finance

The budget of the Luxembourg government is presented to the Chamber of Deputies late in each calendar year and becomes effective the following year. Government finances are generally strong, and budgets are usually in surplusS

The US Central Intelligence Agency (CIA) estimates that in 2002 Luxembourg's central government took in revenues of approximately $5.5 billion and had expenditures of $5.5 billion including capital expenditures of $760 million.

The following table shows an itemized breakdown of government revenues and expenditures. The percentages were calculated from data reported by the International Monetary Fund. The dollar amounts (millions) are based on the CIA estimates provided above.