Annual growth of the general government final consumption expenditure in Luxembourg
Luxembourg: Annual growth of the general government final consumption expenditure was 2.5% in 2023. ◆ Volatile
Annual growth of the general government final consumption expenditure in Luxembourg, 2000–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Luxembourg recorded 2.5% for annual growth of the general government final consumption expenditure in 2023.
Compared with earlier readings it is down 3.4% on the previous year and down 37.5% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Luxembourg peaked at 7.3% in 2020 and was at its lowest, 0.1%, in 2006.
That places Luxembourg 78th out of 181 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 the general government final consumption expenditure in Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.7% | — |
| 2001 | 6.8% | +84.2% |
| 2002 | 3.3% | -51.9% |
| 2003 | 2.4% | -28.0% |
| 2004 | 3.2% | +35.1% |
| 2005 | 3.0% | -6.3% |
| 2006 | 0.1% | -97.0% |
| 2007 | 0.4% | +346.2% |
| 2008 | 3.2% | +690.4% |
| 2009 | 4.6% | +43.7% |
| 2010 | 3.8% | -18.0% |
| 2011 | 2.8% | -25.8% |
| 2012 | 3.8% | +36.8% |
| 2013 | 4.1% | +5.6% |
| 2014 | 1.1% | -72.0% |
| 2015 | 1.9% | +70.3% |
| 2016 | 1.1% | -42.7% |
| 2017 | 4.0% | +265.0% |
| 2018 | 5.4% | +34.0% |
| 2019 | 2.8% | -48.8% |
| 2020 | 7.3% | +162.5% |
| 2021 | 5.1% | -30.3% |
| 2022 | 2.6% | -48.3% |
| 2023 | 2.5% | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.1% | 0.1% | 6.8% | 10 |
| 2010s | 3.1% | 1.1% | 5.4% | 10 |
| 2020s | 4.4% | 2.5% | 7.3% | 4 |
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)
- Total reserves minus gold (current US$), annual growth rate 5.36 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0271 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 3,990 current US$ per person (2025)
- General government final consumption expenditure (current US$) 12.98 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1985 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 29,226 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 8.22 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.1756 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Luxembourg?
- Annual growth of the general government final consumption expenditure in Luxembourg was 2.5% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Luxembourg?
- The highest recorded value was 7.3% in 2020.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Luxembourg?
- The lowest recorded value was 0.1% in 2006.
- How does Luxembourg rank for annual growth of the general government final consumption expenditure?
- Luxembourg ranks 78th out of 181 countries with data for 2023.
- Is annual growth of the general government final consumption expenditure rising or falling in Luxembourg?
- Over the last ten years it is down 37.5%. 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 the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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