Annual growth of the gross capital formation in Luxembourg
Luxembourg: Annual growth of the gross capital formation was -2.0% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Luxembourg, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Luxembourg stood at -2.0%.
That represents a change of 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.
That places Luxembourg 118th out of 167 countries with data for 2024, 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 gross capital formation in Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.1% | — |
| 2001 | -0.9% | -127.8% |
| 2002 | -4.9% | +467.8% |
| 2003 | 7.8% | -258.7% |
| 2004 | 5.4% | -31.3% |
| 2005 | 5.0% | -6.7% |
| 2006 | -2.3% | -145.1% |
| 2007 | 11.1% | -590.7% |
| 2008 | 10.2% | -8.9% |
| 2009 | -23.6% | -332.8% |
| 2010 | 21.2% | -189.7% |
| 2011 | 9.6% | -54.9% |
| 2012 | -0.5% | -105.2% |
| 2013 | 1.0% | -304.0% |
| 2014 | 10.0% | +879.4% |
| 2015 | 0.9% | -91.2% |
| 2016 | -2.6% | -398.9% |
| 2017 | 7.4% | -382.1% |
| 2018 | -8.0% | -207.7% |
| 2019 | 11.3% | -242.1% |
| 2020 | -3.3% | -128.7% |
| 2021 | 12.9% | -496.3% |
| 2022 | -13.9% | -207.4% |
| 2023 | -5.5% | -60.2% |
| 2024 | -2.0% | -64.5% |
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
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)
- 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)
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 World Bank – processed by Our World in Data.
- 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 118th out of 167 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 World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).