On Thursday, the Maison du Grand-Duc released its financial report for 2023. The Grand Ducal Court's expenditures totalled €18,579,969 last year, covering staff costs, operating expenses, and allowances to the Grand Ducal family, among other items — representing an 18.6% increase from 2022, when the Court spent €15,658,870.

With Luxembourg's official population at 672,050 as of 1 January 2024 (as reported by STATEC), the monarchy's cost per resident amounted to €27.64 in 2023, up by €3.95 from the previous year.

Staff expenses alone accounted for approximately €12.6 million in 2023, with 120 individuals employed at the Court. The report indicates that the overall budget structure has remained largely unchanged, with staff costs continuing to be the largest expenditure category within the total budget of about €19.2 million. The Grand Ducal Court utilised 96.5% of its initial budget.

Operational costs totalled just over €3 million in 2023, with €1.8 million specifically allocated for building maintenance. No major construction projects were undertaken at the Grand Ducal Palace in Luxembourg City or the Castle in Colmar-Berg, though there are plans to modernise the buildings housing police officers and surveillance systems in the near future.

Travel costs decreased in 2023 as there were no international events involving a Luxembourgish presence. The official visit by German President Frank-Walter Steinmeier incurred a cost of €46,000, while Princess Alexandra's civil wedding cost €11,100.

The revised constitution, which came into effect in 2023, will also impact the Grand Ducal Court's budget. These changes will be reflected in the 2024 accounts, with particular emphasis on increasing the transparency of the Grand Duke's allowance.