GDP Deflator — Value Standard Local Currency, 2015 prices in Luxembourg
Luxembourg: GDP Deflator — Value Standard Local Currency, 2015 prices was 130.65 SLC in 2024. ▲ Rising
GDP Deflator — Value Standard Local Currency, 2015 prices in Luxembourg, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Luxembourg is 130.65 SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 5.2% on the previous year and up 33.6% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Luxembourg peaked at 130.65 SLC in 2024 and was at its lowest, 16.51 SLC, in 1971.
That places Luxembourg 111th out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value Standard Local Currency, 2015 prices in Luxembourg, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 16.64 SLC | — |
| 1971 | 16.51 SLC | -0.8% |
| 1972 | 17.46 SLC | +5.8% |
| 1973 | 19.59 SLC | +12.2% |
| 1974 | 22.92 SLC | +17.0% |
| 1975 | 22.73 SLC | -0.9% |
| 1976 | 25.5 SLC | +12.2% |
| 1977 | 25.8 SLC | +1.2% |
| 1978 | 27.12 SLC | +5.1% |
| 1979 | 28.85 SLC | +6.4% |
| 1980 | 31.13 SLC | +7.9% |
| 1981 | 33.37 SLC | +7.2% |
| 1982 | 36.98 SLC | +10.8% |
| 1983 | 39.5 SLC | +6.8% |
| 1984 | 41.24 SLC | +4.4% |
| 1985 | 42.52 SLC | +3.1% |
| 1986 | 42.48 SLC | -0.1% |
| 1987 | 42.51 SLC | +0.1% |
| 1988 | 43.69 SLC | +2.8% |
| 1989 | 45.44 SLC | +4.0% |
| 1990 | 46.59 SLC | +2.5% |
| 1991 | 47.43 SLC | +1.8% |
| 1992 | 49.2 SLC | +3.7% |
| 1993 | 52.14 SLC | +6.0% |
| 1994 | 53.99 SLC | +3.5% |
| 1995 | 55.25 SLC | +2.3% |
| 1996 | 57.34 SLC | +3.8% |
| 1997 | 58.84 SLC | +2.6% |
| 1998 | 57.64 SLC | -2.0% |
| 1999 | 60.39 SLC | +4.8% |
| 2000 | 63.17 SLC | +4.6% |
| 2001 | 63.67 SLC | +0.8% |
| 2002 | 64.61 SLC | +1.5% |
| 2003 | 66.02 SLC | +2.2% |
| 2004 | 68.08 SLC | +3.1% |
| 2005 | 71.36 SLC | +4.8% |
| 2006 | 75.96 SLC | +6.5% |
| 2007 | 77.4 SLC | +1.9% |
| 2008 | 82.51 SLC | +6.6% |
| 2009 | 83.23 SLC | +0.9% |
| 2010 | 87.1 SLC | +4.6% |
| 2011 | 90.11 SLC | +3.4% |
| 2012 | 93.05 SLC | +3.3% |
| 2013 | 95.17 SLC | +2.3% |
| 2014 | 97.83 SLC | +2.8% |
| 2015 | 100 SLC | +2.2% |
| 2016 | 98.89 SLC | -1.1% |
| 2017 | 101.01 SLC | +2.1% |
| 2018 | 103.14 SLC | +2.1% |
| 2019 | 104.07 SLC | +0.9% |
| 2020 | 108.55 SLC | +4.3% |
| 2021 | 113.59 SLC | +4.6% |
| 2022 | 120.05 SLC | +5.7% |
| 2023 | 124.16 SLC | +3.4% |
| 2024 | 130.65 SLC | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.31 SLC | 16.51 SLC | 28.85 SLC | 10 |
| 1980s | 39.88 SLC | 31.13 SLC | 45.44 SLC | 10 |
| 1990s | 53.88 SLC | 46.59 SLC | 60.39 SLC | 10 |
| 2000s | 71.6 SLC | 63.17 SLC | 83.23 SLC | 10 |
| 2010s | 97.04 SLC | 87.1 SLC | 104.07 SLC | 10 |
| 2020s | 119.4 SLC | 108.55 SLC | 130.65 SLC | 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 domestic savings (current US$), annual growth rate 6.21 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.4666 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 68,707 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 1.74 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.4129 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 60,804 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 14.74 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.65 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Luxembourg?
- Gdp deflator — value standard local currency, 2015 prices in Luxembourg was 130.65 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Luxembourg?
- The highest recorded value was 130.65 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Luxembourg?
- The lowest recorded value was 16.51 SLC in 1971.
- How does Luxembourg rank for gdp deflator — value standard local currency, 2015 prices?
- Luxembourg ranks 111th out of 194 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Luxembourg?
- Over the last ten years it is up 33.6%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).