Annual growth of households and NPISHs final consumption expenditure in Luxembourg
Luxembourg: Annual growth of households and NPISHs final consumption expenditure was 4.0% in 2023. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Luxembourg, 2000–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2023, annual growth of households and npishs final consumption expenditure in Luxembourg stood at 4.0%.
That represents a change of up 75.6% on the previous year and up 425.4% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Luxembourg peaked at 11.4% in 2021 and was at its lowest, -8.5%, in 2020.
That places Luxembourg 79th out of 186 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.1% | — |
| 2001 | 3.3% | -34.7% |
| 2002 | 5.2% | +55.7% |
| 2003 | 2.4% | -52.9% |
| 2004 | 1.2% | -51.2% |
| 2005 | -0.5% | -141.9% |
| 2006 | 4.1% | -928.1% |
| 2007 | 2.4% | -42.4% |
| 2008 | 2.4% | +0.2% |
| 2009 | 2.3% | -2.6% |
| 2010 | 3.3% | +43.1% |
| 2011 | 1.7% | -50.2% |
| 2012 | 2.4% | +47.3% |
| 2013 | 0.8% | -68.5% |
| 2014 | 3.0% | +293.1% |
| 2015 | 3.0% | +1.0% |
| 2016 | 3.4% | +10.2% |
| 2017 | 3.0% | -11.4% |
| 2018 | 2.6% | -11.3% |
| 2019 | 2.5% | -3.8% |
| 2020 | -8.5% | -434.1% |
| 2021 | 11.4% | -234.1% |
| 2022 | 2.3% | -79.8% |
| 2023 | 4.0% | +75.6% |
Luxembourg compared with similar countries
- Luxembourg's 4.0% is above the median for high income countries, which is 1.7%, 2.4× the median. (59 countries reporting)
- Luxembourg's 4.0% is above the median for Europe & Central Asia, which is 2.2%, 1.8× the median. (49 countries reporting)
Biggest year-on-year movements
Years where Annual growth of households and NPISHs final consumption expenditure in Luxembourg changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +928.1% | -0.5% | 4.1% |
| 2020 | -434.1% | 2.5% | -8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.8% | -0.5% | 5.2% | 10 |
| 2010s | 2.6% | 0.8% | 3.4% | 10 |
| 2020s | 2.3% | -8.5% | 11.4% | 4 |
Countries ranked near Luxembourg
- 76 Rwanda 4.2% compare
- 77 Timor-Leste 4.1% compare
- 77 East Timor 4.1% compare
- 80 Democratic Republic of the Congo 4.0% compare
- 81 Sri Lanka 4.0% compare
- 82 Cyprus 4.0% compare
More economy & growth data for Luxembourg
- Real gdp growth, annual growth rate 262.63 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.14 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 3,041 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1234 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0151 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 2,220 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.62 % change on previous year (2025)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Luxembourg?
- Annual growth of households and npishs final consumption expenditure in Luxembourg was 4.0% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Luxembourg?
- The highest recorded value was 11.4% in 2021.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Luxembourg?
- The lowest recorded value was -8.5% in 2020.
- How does Luxembourg rank for annual growth of households and npishs final consumption expenditure?
- Luxembourg ranks 79th out of 186 countries with data for 2023.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Luxembourg?
- Over the last ten years it is up 425.4%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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