GDP (constant LCU) (UNICEF) in Luxembourg
Luxembourg: GDP (constant LCU) (UNICEF) was 68.52 billion in 2024. ◆ Volatile
Latest (2024)
68.52 billion
Change on year
up 0.4%
World rank
51st
of 74 countries
All-time high
68.97 billion
in 2021
All-time low
8.50 billion
in 1960
Years of data
65
1960–2024
GDP in Luxembourg, 1960–2024
Source: UNICEF.
Analysis
In 2024, gdp in Luxembourg stood at 68.52 billion.
Compared with earlier readings it is up 0.4% on the previous year and up 20.0% over ten years.
Over the whole period, gdp in Luxembourg peaked at 68.97 billion in 2021 and was at its lowest, 8.50 billion, in 1960.
Luxembourg ranks 51st of 74 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.
GDP (constant LCU) (UNICEF) in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 8.50 billion | — |
| 1961 | 8.83 billion | +3.8% |
| 1962 | 8.95 billion | +1.4% |
| 1963 | 9.25 billion | +3.4% |
| 1964 | 9.98 billion | +7.9% |
| 1965 | 9.91 billion | -0.7% |
| 1966 | 10.02 billion | +1.1% |
| 1967 | 10.04 billion | +0.2% |
| 1968 | 10.46 billion | +4.2% |
| 1969 | 11.50 billion | +10.0% |
| 1970 | 11.71 billion | +1.8% |
| 1971 | 12.02 billion | +2.7% |
| 1972 | 12.81 billion | +6.6% |
| 1973 | 13.88 billion | +8.3% |
| 1974 | 14.46 billion | +4.2% |
| 1975 | 13.51 billion | -6.6% |
| 1976 | 13.85 billion | +2.5% |
| 1977 | 14.07 billion | +1.6% |
| 1978 | 14.64 billion | +4.1% |
| 1979 | 14.99 billion | +2.3% |
| 1980 | 15.11 billion | +0.8% |
| 1981 | 15.03 billion | -0.6% |
| 1982 | 15.20 billion | +1.1% |
| 1983 | 15.65 billion | +3.0% |
| 1984 | 16.62 billion | +6.2% |
| 1985 | 17.09 billion | +2.8% |
| 1986 | 18.79 billion | +10.0% |
| 1987 | 19.54 billion | +4.0% |
| 1988 | 21.19 billion | +8.5% |
| 1989 | 23.27 billion | +9.8% |
| 1990 | 24.50 billion | +5.3% |
| 1991 | 26.62 billion | +8.6% |
| 1992 | 27.11 billion | +1.8% |
| 1993 | 28.24 billion | +4.2% |
| 1994 | 29.32 billion | +3.8% |
| 1995 | 29.74 billion | +1.4% |
| 1996 | 30.16 billion | +1.4% |
| 1997 | 31.79 billion | +5.4% |
| 1998 | 33.92 billion | +6.7% |
| 1999 | 36.69 billion | +8.2% |
| 2000 | 39.23 billion | +6.9% |
| 2001 | 40.44 billion | +3.1% |
| 2002 | 41.74 billion | +3.2% |
| 2003 | 42.84 billion | +2.6% |
| 2004 | 44.65 billion | +4.2% |
| 2005 | 45.76 billion | +2.5% |
| 2006 | 48.51 billion | +6.0% |
| 2007 | 52.44 billion | +8.1% |
| 2008 | 52.28 billion | -0.3% |
| 2009 | 50.59 billion | -3.2% |
| 2010 | 52.49 billion | +3.8% |
| 2011 | 53.04 billion | +1.0% |
| 2012 | 53.92 billion | +1.7% |
| 2013 | 55.63 billion | +3.2% |
| 2014 | 57.09 billion | +2.6% |
| 2015 | 58.38 billion | +2.3% |
| 2016 | 61.29 billion | +5.0% |
| 2017 | 62.09 billion | +1.3% |
| 2018 | 63.10 billion | +1.6% |
| 2019 | 64.83 billion | +2.7% |
| 2020 | 64.50 billion | -0.5% |
| 2021 | 68.97 billion | +6.9% |
| 2022 | 68.21 billion | -1.1% |
| 2023 | 68.28 billion | +0.1% |
| 2024 | 68.52 billion | +0.4% |
Luxembourg compared with similar countries
- Luxembourg's 68.52 billion is below the median for high income countries, which is 445.69 billion, 15% of the median. (42 countries reporting)
- Luxembourg's 68.52 billion is below the median for Europe & Central Asia, which is 490.93 billion, 14% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.74 billion | 8.50 billion | 11.50 billion | 10 |
| 1970s | 13.59 billion | 11.71 billion | 14.99 billion | 10 |
| 1980s | 17.75 billion | 15.03 billion | 23.27 billion | 10 |
| 1990s | 29.81 billion | 24.50 billion | 36.69 billion | 10 |
| 2000s | 45.85 billion | 39.23 billion | 52.44 billion | 10 |
| 2010s | 58.19 billion | 52.49 billion | 64.83 billion | 10 |
| 2020s | 67.70 billion | 64.50 billion | 68.97 billion | 5 |
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 gdp in Luxembourg?
- Gdp in Luxembourg was 68.52 billion in 2024, according to UNICEF.
- What is the highest gdp recorded in Luxembourg?
- The highest recorded value was 68.97 billion in 2021.
- What is the lowest gdp recorded in Luxembourg?
- The lowest recorded value was 8.50 billion in 1960.
- How does Luxembourg rank for gdp?
- Luxembourg ranks 51st out of 74 countries with data for 2024.
- Is gdp rising or falling in Luxembourg?
- Over the last ten years it is up 20.0%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from UNICEF, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
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