Economic Outlook 119 … services (in USD, OECD reference year prices) in Luxembourg
Luxembourg: Economic Outlook 119 … services (in USD, OECD reference year prices) was 0.0111 in 2027. ◆ Volatile
Economic Outlook 119 — Contribution to world trade growth, goods and in Luxembourg, 1981–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook 119 — contribution to world trade growth, goods and in Luxembourg is 0.0111, measured in 2027.
That represents a change of up 63.2% on the previous year and up 860.2% over ten years.
Over the whole period, economic outlook 119 — contribution to world trade growth, goods and in Luxembourg peaked at 0.0948 in 2000 and was at its lowest, -0.0768, in 2024.
Luxembourg ranks 29th of 40 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.
Economic Outlook 119 … services (in USD, OECD reference year prices) in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1981 | -0.0164 | — |
| 1982 | -0.0012 | -92.8% |
| 1983 | 0.0133 | -1225.5% |
| 1984 | 0.0647 | +387.2% |
| 1985 | 0.0333 | -48.5% |
| 1986 | 0.0107 | -67.7% |
| 1987 | 0.0223 | +107.4% |
| 1988 | 0.047 | +110.9% |
| 1989 | 0.0491 | +4.4% |
| 1990 | 0.0244 | -50.4% |
| 1991 | 0.0414 | +69.8% |
| 1992 | 0.0007 | -98.2% |
| 1993 | 0.0222 | +2923.9% |
| 1994 | 0.033 | +48.3% |
| 1995 | 0.02 | -39.4% |
| 1996 | 0.0273 | +36.7% |
| 1997 | 0.0644 | +135.9% |
| 1998 | 0.0745 | +15.7% |
| 1999 | 0.0611 | -18.0% |
| 2000 | 0.0948 | +55.1% |
| 2001 | 0.0372 | -60.7% |
| 2002 | -0.0051 | -113.7% |
| 2003 | 0.0178 | -448.8% |
| 2004 | 0.0468 | +162.9% |
| 2005 | 0.0364 | -22.2% |
| 2006 | 0.067 | +84.0% |
| 2007 | 0.0221 | -67.1% |
| 2008 | 0.0021 | -90.6% |
| 2009 | -0.0411 | -2089.3% |
| 2010 | 0.0634 | -254.1% |
| 2011 | 0.0284 | -55.1% |
| 2012 | 0.0086 | -69.9% |
| 2013 | 0.0316 | +268.8% |
| 2014 | 0.0375 | +18.9% |
| 2015 | 0.029 | -22.7% |
| 2016 | 0.0252 | -13.2% |
| 2017 | 0.0012 | -95.4% |
| 2018 | 0.0186 | +1516.5% |
| 2019 | 0.0354 | +90.3% |
| 2020 | 0.0093 | -73.8% |
| 2021 | 0.0755 | +712.6% |
| 2022 | 0.012 | -84.1% |
| 2023 | 0.0046 | -62.1% |
| 2024 | -0.0768 | -1786.0% |
| 2025 | 0.0071 | -109.2% |
| 2026 | 0.0068 | -4.2% |
| 2027 | 0.0111 | +63.2% |
Luxembourg compared with similar countries
- Luxembourg's 0.0111 is below the median for high income countries, which is 0.0169, 66% of the median. (30 countries reporting)
- Luxembourg's 0.0111 is below the median for Europe & Central Asia, which is 0.016, 69% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Economic Outlook 119 … services (in USD, OECD reference year prices) 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 |
|---|---|---|---|
| 1993 | +2923.9% | 0.0007 | 0.0222 |
| 2009 | -2089.3% | 0.0021 | -0.0411 |
| 2024 | -1786.0% | 0.0046 | -0.0768 |
| 2018 | +1516.5% | 0.0012 | 0.0186 |
| 1983 | +1225.5% | -0.0012 | 0.0133 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0248 | -0.0164 | 0.0647 | 9 |
| 1990s | 0.0369 | 0.0007 | 0.0745 | 10 |
| 2000s | 0.0278 | -0.0411 | 0.0948 | 10 |
| 2010s | 0.0279 | 0.0012 | 0.0634 | 10 |
| 2020s | 0.0062 | -0.0768 | 0.0755 | 8 |
Countries ranked near Luxembourg
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 economic outlook 119 — contribution to world trade growth, goods and in Luxembourg?
- Economic outlook 119 — contribution to world trade growth, goods and in Luxembourg was 0.0111 in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook 119 — contribution to world trade growth, goods and recorded in Luxembourg?
- The highest recorded value was 0.0948 in 2000.
- What is the lowest economic outlook 119 — contribution to world trade growth, goods and recorded in Luxembourg?
- The lowest recorded value was -0.0768 in 2024.
- How does Luxembourg rank for economic outlook 119 — contribution to world trade growth, goods and?
- Luxembourg ranks 29th out of 40 countries with data for 2027.
- Is economic outlook 119 — contribution to world trade growth, goods and rising or falling in Luxembourg?
- Over the last ten years it is up 860.2%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook 119 — Contribution to world trade growth, goods and services (in USD, OECD reference year prices). Statizoid updates them automatically from the source API.
Download this data
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2026), OECD Economic Outlook No 119 (Edition 2026/1) EO119 Database documentation EO119 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP