Adjusted savings: net national savings in Luxembourg
Luxembourg: Adjusted savings: net national savings was 16.2% in 2021. ▼ Falling
Adjusted savings: net national savings in Luxembourg, 1999–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: net national savings in Luxembourg stood at 16.2%.
That represents a change of up 45.9% on the previous year and up 56.3% over ten years.
Over the whole period, adjusted savings: net national savings in Luxembourg peaked at 32.6% in 2007 and was at its lowest, 0.8%, in 2009.
Luxembourg ranks 50th of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Adjusted savings: net national savings in Luxembourg, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1999 | 24.4% | — |
| 2000 | 23.7% | -3.0% |
| 2001 | 21.8% | -7.8% |
| 2002 | 20.7% | -5.4% |
| 2003 | 17.7% | -14.3% |
| 2004 | 25.9% | +46.2% |
| 2005 | 29.2% | +12.7% |
| 2006 | 24.5% | -16.0% |
| 2007 | 32.6% | +33.2% |
| 2008 | 25.8% | -20.8% |
| 2009 | 0.8% | -97.0% |
| 2010 | 10.3% | +1233.2% |
| 2011 | 10.4% | +0.4% |
| 2012 | 18.2% | +75.8% |
| 2013 | 15.3% | -15.7% |
| 2014 | 17.7% | +15.1% |
| 2015 | 9.8% | -44.5% |
| 2016 | 12.1% | +23.3% |
| 2017 | 14.1% | +16.3% |
| 2018 | 11.9% | -15.7% |
| 2019 | 6.9% | -42.2% |
| 2020 | 11.1% | +61.8% |
| 2021 | 16.2% | +45.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.4% | 24.4% | 24.4% | 1 |
| 2000s | 22.3% | 0.8% | 32.6% | 10 |
| 2010s | 12.7% | 6.9% | 18.2% | 10 |
| 2020s | 13.6% | 11.1% | 16.2% | 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)
- Households and NPISHs Final consumption expenditure (current LCU) 4.45 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.2964 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 43,646 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.2602 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 38,321 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 10.48 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.5334 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Luxembourg?
- Adjusted savings: net national savings in Luxembourg was 16.2% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Luxembourg?
- The highest recorded value was 32.6% in 2007.
- What is the lowest adjusted savings: net national savings recorded in Luxembourg?
- The lowest recorded value was 0.8% in 2009.
- How does Luxembourg rank for adjusted savings: net national savings?
- Luxembourg ranks 50th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Luxembourg?
- Over the last ten years it is up 56.3%. The long-run trend across the full record is falling.
- Where does this Luxembourg data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.