Estonia vs Luxembourg: Net incurrence of liabilities, Transactions

Estonia
1.04 billion
in 2025
Luxembourg
1.56 billion
in 2025
Estonia rank
27th
Luxembourg rank
25th

Net incurrence of liabilities, Transactions over time

  • Estonia
  • Luxembourg
-1.0B01.0B2.0B3.0B199920122025

How they compare

Luxembourg currently reports 1.56 billion against 1.04 billion in Estonia, a difference of 520.04 million.

That makes Luxembourg's figure about 1.5 times Estonia's.

The two have swapped places 10 times across 27 shared years of data; in 1999 it was Luxembourg ahead.

Estonia ranks 27th and Luxembourg ranks 25th of 33 countries.

Luxembourg has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Estonia Luxembourg Difference Ahead
1990s 56.70 million 131.48 million 74.78 million Luxembourg
2000s 152.07 million 485.20 million 333.13 million Luxembourg
2010s 185.75 million 966.30 million 780.55 million Luxembourg
2020s 1.71 billion 1.91 billion 192.67 million Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, transactions, Estonia or Luxembourg?
Luxembourg, at 1.56 billion against 1.04 billion in Estonia as of 2025.
What is the difference in net incurrence of liabilities, transactions between Estonia and Luxembourg?
520.04 million, with Luxembourg ahead.
How many years of comparable data are there for Estonia and Luxembourg?
27 years are reported by both, from 1999 to 2025.
How do Estonia and Luxembourg rank globally for net incurrence of liabilities, transactions?
Estonia ranks 27th and Luxembourg ranks 25th of 33 countries.
Where does this data come from?
International Monetary Fund, published as Net incurrence of liabilities, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Estonia vs Luxembourg: Net incurrence of liabilities, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 06 September 2026, from https://debt.statizoid.com/compare/net-incurrence-of-liabilities-transactions-statement-of-operations-general-government/estonia/luxembourg/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under IMF Terms and Conditions (attribution required); please keep the attribution.

<a href="https://debt.statizoid.com/compare/net-incurrence-of-liabilities-transactions-statement-of-operations-general-government/estonia/luxembourg/">Estonia vs Luxembourg: Net incurrence of liabilities, Transactions</a> — Statizoid

About this data

Indicator
Net incurrence of liabilities, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
33 places, 847 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.