Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Luxembourg
Luxembourg: Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 2.3 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Luxembourg, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
The most recent figure for africa's development dynamics (afdd) table 02 - annual real gdp in Luxembourg is 2.3 Percent per annum, measured in 2029.
That represents a change of down 0.7% on the previous year and down 21.1% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Luxembourg peaked at 8.64 Percent per annum in 1991 and was at its lowest, -3.24 Percent per annum, in 2009.
Luxembourg ranks 117th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Luxembourg, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 5.32 Percent per annum | — |
| 1991 | 8.64 Percent per annum | +62.5% |
| 1992 | 1.82 Percent per annum | -79.0% |
| 1993 | 4.2 Percent per annum | +130.9% |
| 1994 | 3.82 Percent per annum | -9.0% |
| 1995 | 1.43 Percent per annum | -62.5% |
| 1996 | 1.52 Percent per annum | +5.8% |
| 1997 | 5.94 Percent per annum | +291.8% |
| 1998 | 6.49 Percent per annum | +9.4% |
| 1999 | 8.42 Percent per annum | +29.7% |
| 2000 | 8.44 Percent per annum | +0.3% |
| 2001 | 3.07 Percent per annum | -63.6% |
| 2002 | 3.23 Percent per annum | +4.9% |
| 2003 | 2.62 Percent per annum | -18.8% |
| 2004 | 4.23 Percent per annum | +61.5% |
| 2005 | 2.48 Percent per annum | -41.3% |
| 2006 | 6.02 Percent per annum | +142.4% |
| 2007 | 8.1 Percent per annum | +34.6% |
| 2008 | -0.3025 Percent per annum | -103.7% |
| 2009 | -3.24 Percent per annum | +970.8% |
| 2010 | 3.76 Percent per annum | -216.1% |
| 2011 | 1.04 Percent per annum | -72.2% |
| 2012 | 1.65 Percent per annum | +58.0% |
| 2013 | 3.17 Percent per annum | +92.3% |
| 2014 | 2.62 Percent per annum | -17.3% |
| 2015 | 2.27 Percent per annum | -13.5% |
| 2016 | 4.98 Percent per annum | +119.4% |
| 2017 | 1.32 Percent per annum | -73.5% |
| 2018 | 1.22 Percent per annum | -7.4% |
| 2019 | 2.92 Percent per annum | +139.2% |
| 2020 | -0.9099 Percent per annum | -131.2% |
| 2021 | 7.17 Percent per annum | -887.9% |
| 2022 | 1.38 Percent per annum | -80.7% |
| 2023 | -1.1 Percent per annum | -179.4% |
| 2024 | 1.26 Percent per annum | -215.2% |
| 2025 | 2.91 Percent per annum | +130.1% |
| 2026 | 2.52 Percent per annum | -13.2% |
| 2027 | 2.34 Percent per annum | -7.2% |
| 2028 | 2.31 Percent per annum | -1.1% |
| 2029 | 2.3 Percent per annum | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.76 Percent per annum | 1.43 Percent per annum | 8.64 Percent per annum | 10 |
| 2000s | 3.46 Percent per annum | -3.24 Percent per annum | 8.44 Percent per annum | 10 |
| 2010s | 2.49 Percent per annum | 1.04 Percent per annum | 4.98 Percent per annum | 10 |
| 2020s | 2.02 Percent per annum | -1.1 Percent per annum | 7.17 Percent per annum | 10 |
Countries ranked near Luxembourg
- 114 Peru 2.3 Percent per annum compare
- 115 Bolivia, Plurinational State of 2.3 Percent per annum compare
- 115 El Salvador 2.3 Percent per annum compare
- 118 Libya 2.3 Percent per annum compare
- 119 Australia 2.26 Percent per annum compare
- 120 Turkmenistan 2.25 Percent per annum compare
More economy & growth data for Luxembourg
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate -1.16 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1039 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 15,304 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 8.19 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 1.59 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 234,668 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 3.64 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 1.41 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 207,674 current LCU per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Luxembourg?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Luxembourg was 2.3 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Luxembourg?
- The highest recorded value was 8.64 Percent per annum in 1991.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Luxembourg?
- The lowest recorded value was -3.24 Percent per annum in 2009.
- How does Luxembourg rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Luxembourg ranks 117th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Luxembourg?
- Over the last ten years it is down 21.1%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.