Annual growth of the gross capital formation (%) in Luxembourg
Luxembourg: Annual growth of the gross capital formation (%) was -2.0% in 2024. ◆ Volatile
Latest (2024)
-2.0%
Change on year
up 64.5%
World rank
121st
of 175 countries
All-time high
21.2%
in 2010
All-time low
-23.6%
in 2009
Years of data
25
2000–2024
Annual growth of the gross capital formation in Luxembourg, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Luxembourg recorded -2.0% for annual growth of the gross capital formation in 2024.
The figure is up 64.5% on the previous year and down 119.6% over ten years.
Over the whole period, annual growth of the gross capital formation in Luxembourg peaked at 21.2% in 2010 and was at its lowest, -23.6%, in 2009.
Luxembourg ranks 121st of 175 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.
Annual growth of the gross capital formation (%) in Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.1% | — |
| 2001 | -0.9% | -127.9% |
| 2002 | -4.9% | +464.8% |
| 2003 | 7.8% | -258.8% |
| 2004 | 5.4% | -31.2% |
| 2005 | 5.0% | -6.8% |
| 2006 | -2.3% | -145.2% |
| 2007 | 11.1% | -590.6% |
| 2008 | 10.2% | -8.8% |
| 2009 | -23.6% | -332.7% |
| 2010 | 21.2% | -189.7% |
| 2011 | 9.6% | -54.9% |
| 2012 | -0.5% | -105.2% |
| 2013 | 1.0% | -303.7% |
| 2014 | 10.0% | +881.7% |
| 2015 | 0.9% | -91.2% |
| 2016 | -2.6% | -399.9% |
| 2017 | 7.4% | -382.3% |
| 2018 | -8.0% | -207.6% |
| 2019 | 11.3% | -242.0% |
| 2020 | -3.3% | -128.7% |
| 2021 | 12.9% | -496.3% |
| 2022 | -13.9% | -207.3% |
| 2023 | -5.5% | -60.2% |
| 2024 | -2.0% | -64.5% |
Luxembourg compared with similar countries
- Luxembourg's -2.0% is below the median for high income countries, which is -0.2%, 8.1× the median. (55 countries reporting)
- Luxembourg's -2.0% is below the median for Europe & Central Asia, which is 1.6%. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.1% | -23.6% | 11.1% | 10 |
| 2010s | 5.0% | -8.0% | 21.2% | 10 |
| 2020s | -2.3% | -13.9% | 12.9% | 5 |
Countries ranked near Luxembourg
- 118 Pakistan -0.9% compare
- 119 Slovenia -1.3% compare
- 120 Equatorial Guinea -1.5% compare
- 122 Canada -2.1% compare
- 123 Republic of Korea -2.3% compare
- 123 South Korea -2.3% 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 the gross capital formation in Luxembourg?
- Annual growth of the gross capital formation in Luxembourg was -2.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Luxembourg?
- The highest recorded value was 21.2% in 2010.
- What is the lowest annual growth of the gross capital formation recorded in Luxembourg?
- The lowest recorded value was -23.6% in 2009.
- How does Luxembourg rank for annual growth of the gross capital formation?
- Luxembourg ranks 121st out of 175 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Luxembourg?
- Over the last ten years it is down 119.6%. 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 gross capital formation (%). Statizoid updates them automatically from the source API.
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