🇱🇺 Luxembourg
Public Sector Debt · 2026
Total Debt
33.3%
of GDP
Global Rank
#163
of 192
S&P Rating
AAA
Credit rating
SOE Debt
+7.0%
3 categories
Where the Debt Sits
Central Government
Infrastructure
Central Government: 26.3%Dev Banks: 2.0%Infrastructure: 4.8%Public Corps: 0.2%
Full Debt Breakdown
Central Government26.3% of GDP
Central GovernmentEurostat — Government Debt (Maastricht)
26.3%Infrastructure SOEs4.8% of GDP
SES (satellite, partial)SES Annual Report 2024~33% state-owned
4.0%CFL (railways)CFL financialsState railways
0.5%CargoluxCargolux financialsCargo airline
0.3%Public Corporations0.2% of GDP
POST LuxembourgPOST LuxembourgState postal/telecom
0.2%Development Banks2.0% of GDP
SNCI (development bank)SNCI financialsState development bank
2.0%Total Corporate Debt367.5% of GDP
Nonfinancial corporate debtBIS/FRED Q3 2025
367.5%Household Debt61.8% of GDP
Household debtBIS/FRED Q3 2025
61.8%All Layers Total462.6%
Credit Ratings
S&P
AAA
Moody's
Aaa
Fitch
AAA
Data Sources
Eurostat — Government Debt (Maastricht)general_government · Updated semi_annual
Dec 202426.3% GDP
Ranking Neighbors
Compare Luxembourg with other countries
Enter the Arena