Annual growth rate of real GDP per capita (%) in Luxembourg
Luxembourg: Annual growth rate of real GDP per capita (%) was -0.8% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Luxembourg, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth rate of real gdp per capita in Luxembourg is -0.8%, measured in 2024.
The figure is up 52.9% on the previous year and down 500.0% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Luxembourg peaked at 6.4% in 2007 and was at its lowest, -5.0%, in 2009.
Luxembourg ranks 199th of 228 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita (%) in Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.4% | — |
| 2001 | 1.8% | -66.7% |
| 2002 | 2.2% | +22.2% |
| 2003 | 1.4% | -36.4% |
| 2004 | 2.8% | +100.0% |
| 2005 | 0.9% | -67.9% |
| 2006 | 4.3% | +377.8% |
| 2007 | 6.4% | +48.8% |
| 2008 | -2.1% | -132.8% |
| 2009 | -5.0% | +138.1% |
| 2010 | 1.9% | -138.0% |
| 2011 | -1.1% | -157.9% |
| 2012 | -0.7% | -36.4% |
| 2013 | 0.8% | -214.3% |
| 2014 | 0.2% | -75.0% |
| 2015 | -0.1% | -150.0% |
| 2016 | 2.5% | -2600.0% |
| 2017 | -0.9% | -136.0% |
| 2018 | -0.3% | -66.7% |
| 2019 | 0.8% | -366.7% |
| 2020 | -2.2% | -375.0% |
| 2021 | 5.3% | -340.9% |
| 2022 | -3.1% | -158.5% |
| 2023 | -1.7% | -45.2% |
| 2024 | -0.8% | -52.9% |
Luxembourg compared with similar countries
- Luxembourg's -0.8% is below the median for high income countries, which is 1.4%. (74 countries reporting)
- Luxembourg's -0.8% is below the median for Europe & Central Asia, which is 2.2%. (52 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) 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 |
|---|---|---|---|
| 2016 | +2600.0% | -0.1% | 2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | -5.0% | 6.4% | 10 |
| 2010s | 0.3% | -1.1% | 2.5% | 10 |
| 2020s | -0.5% | -3.1% | 5.3% | 5 |
Countries ranked near Luxembourg
- 197 Cuba -0.7% compare
- 197 South Africa -0.7% compare
- 199 Malawi -0.8% compare
- 199 Mozambique -0.8% compare
- 202 Netherlands Antilles [former] -0.9% compare
- 202 Sao Tome and Principe -0.9% 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 rate of real gdp per capita in Luxembourg?
- Annual growth rate of real gdp per capita in Luxembourg was -0.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Luxembourg?
- The highest recorded value was 6.4% in 2007.
- What is the lowest annual growth rate of real gdp per capita recorded in Luxembourg?
- The lowest recorded value was -5.0% in 2009.
- How does Luxembourg rank for annual growth rate of real gdp per capita?
- Luxembourg ranks 199th out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Luxembourg?
- Over the last ten years it is down 500.0%. 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 rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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