In 2021, general government net debt (% of GDP) for Luxembourg was -10.8 %. General government net debt (% of GDP) of Luxembourg increased from -32.6 % in 2002 to -10.8 % in 2021 growing at an average annual rate of 4.70%.
The description is composed by our digital data assistant.Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.
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