Adjusted savings: gross savings in Luxembourg
Luxembourg: Adjusted savings: gross savings was 32.8% in 2021. ▼ Falling
Adjusted savings: gross savings in Luxembourg, 1999–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: gross savings in Luxembourg is 32.8%, measured in 2021.
Compared with earlier readings it is up 13.0% on the previous year and up 22.1% over ten years.
Over the whole period, adjusted savings: gross savings in Luxembourg peaked at 43.3% in 2007 and was at its lowest, 18.5%, in 2009.
That places Luxembourg 32nd out of 178 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Adjusted savings: gross savings in Luxembourg, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1999 | 36.0% | — |
| 2000 | 35.9% | -0.5% |
| 2001 | 34.2% | -4.7% |
| 2002 | 32.5% | -5.1% |
| 2003 | 29.5% | -9.1% |
| 2004 | 36.7% | +24.5% |
| 2005 | 39.6% | +7.9% |
| 2006 | 36.1% | -8.9% |
| 2007 | 43.3% | +20.1% |
| 2008 | 38.2% | -11.9% |
| 2009 | 18.5% | -51.5% |
| 2010 | 26.4% | +42.6% |
| 2011 | 26.8% | +1.7% |
| 2012 | 33.1% | +23.4% |
| 2013 | 31.2% | -5.8% |
| 2014 | 33.2% | +6.4% |
| 2015 | 27.7% | -16.7% |
| 2016 | 29.5% | +6.8% |
| 2017 | 30.3% | +2.6% |
| 2018 | 28.6% | -5.6% |
| 2019 | 24.9% | -12.9% |
| 2020 | 29.0% | +16.5% |
| 2021 | 32.8% | +13.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36.0% | 36.0% | 36.0% | 1 |
| 2000s | 34.5% | 18.5% | 43.3% | 10 |
| 2010s | 29.2% | 24.9% | 33.2% | 10 |
| 2020s | 30.9% | 29.0% | 32.8% | 2 |
Countries ranked near Luxembourg
More economy & growth data for Luxembourg
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 3.33 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 1.69 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 248,276 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 1.16 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 1.35 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 199,003 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 5.62 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.1497 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Luxembourg?
- Adjusted savings: gross savings in Luxembourg was 32.8% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Luxembourg?
- The highest recorded value was 43.3% in 2007.
- What is the lowest adjusted savings: gross savings recorded in Luxembourg?
- The lowest recorded value was 18.5% in 2009.
- How does Luxembourg rank for adjusted savings: gross savings?
- Luxembourg ranks 32nd out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Luxembourg?
- Over the last ten years it is up 22.1%. The long-run trend across the full record is falling.
- Where does this Luxembourg data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.