GDP Deflator — Value US$, 2015 prices in Luxembourg
Luxembourg: GDP Deflator — Value US$, 2015 prices was 127.46 USD in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices in Luxembourg, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices in Luxembourg is 127.46 USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 5.3% on the previous year and up 8.8% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Luxembourg peaked at 127.46 USD in 2024 and was at its lowest, 12.1 USD, in 1970.
That places Luxembourg 56th out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices in Luxembourg, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 12.1 USD | — |
| 1971 | 12.23 USD | +1.1% |
| 1972 | 14.43 USD | +17.9% |
| 1973 | 18.28 USD | +26.7% |
| 1974 | 21.4 USD | +17.1% |
| 1975 | 22.47 USD | +5.0% |
| 1976 | 24.02 USD | +6.9% |
| 1977 | 26.17 USD | +9.0% |
| 1978 | 31.32 USD | +19.7% |
| 1979 | 35.78 USD | +14.2% |
| 1980 | 38.71 USD | +8.2% |
| 1981 | 32.68 USD | -15.6% |
| 1982 | 29.42 USD | -10.0% |
| 1983 | 28.09 USD | -4.5% |
| 1984 | 25.95 USD | -7.6% |
| 1985 | 26.03 USD | +0.3% |
| 1986 | 34.57 USD | +32.8% |
| 1987 | 41.4 USD | +19.7% |
| 1988 | 43.2 USD | +4.4% |
| 1989 | 41.93 USD | -2.9% |
| 1990 | 50.68 USD | +20.9% |
| 1991 | 50.5 USD | -0.4% |
| 1992 | 55.64 USD | +10.2% |
| 1993 | 54.8 USD | -1.5% |
| 1994 | 58.67 USD | +7.1% |
| 1995 | 68.14 USD | +16.1% |
| 1996 | 67.33 USD | -1.2% |
| 1997 | 59.8 USD | -11.2% |
| 1998 | 57.74 USD | -3.4% |
| 1999 | 58.01 USD | +0.5% |
| 2000 | 52.59 USD | -9.3% |
| 2001 | 51.4 USD | -2.3% |
| 2002 | 55.06 USD | +7.1% |
| 2003 | 67.31 USD | +22.2% |
| 2004 | 76.32 USD | +13.4% |
| 2005 | 80.01 USD | +4.8% |
| 2006 | 85.96 USD | +7.4% |
| 2007 | 95.6 USD | +11.2% |
| 2008 | 109.38 USD | +14.4% |
| 2009 | 104.63 USD | -4.3% |
| 2010 | 104.08 USD | -0.5% |
| 2011 | 113.05 USD | +8.6% |
| 2012 | 107.75 USD | -4.7% |
| 2013 | 113.92 USD | +5.7% |
| 2014 | 117.14 USD | +2.8% |
| 2015 | 100 USD | -14.6% |
| 2016 | 98.66 USD | -1.3% |
| 2017 | 102.85 USD | +4.2% |
| 2018 | 109.79 USD | +6.7% |
| 2019 | 105.01 USD | -4.4% |
| 2020 | 111.75 USD | +6.4% |
| 2021 | 121.09 USD | +8.4% |
| 2022 | 113.94 USD | -5.9% |
| 2023 | 121 USD | +6.2% |
| 2024 | 127.46 USD | +5.3% |
Luxembourg compared with similar countries
- Luxembourg's 127.46 USD is above the median for high income countries, which is 121.8 USD, 1.0× the median. (68 countries reporting)
- Luxembourg's 127.46 USD is above the median for Europe & Central Asia, which is 125.65 USD, 1.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.82 USD | 12.1 USD | 35.78 USD | 10 |
| 1980s | 34.2 USD | 25.95 USD | 43.2 USD | 10 |
| 1990s | 58.13 USD | 50.5 USD | 68.14 USD | 10 |
| 2000s | 77.83 USD | 51.4 USD | 109.38 USD | 10 |
| 2010s | 107.22 USD | 98.66 USD | 117.14 USD | 10 |
| 2020s | 119.05 USD | 111.75 USD | 127.46 USD | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 108.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 1.16 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 160,408 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -93.89 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -188.59 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.9282 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -136,679 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 9.54 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Luxembourg?
- Gdp deflator — value us$, 2015 prices in Luxembourg was 127.46 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Luxembourg?
- The highest recorded value was 127.46 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Luxembourg?
- The lowest recorded value was 12.1 USD in 1970.
- How does Luxembourg rank for gdp deflator — value us$, 2015 prices?
- Luxembourg ranks 56th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Luxembourg?
- Over the last ten years it is up 8.8%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).