Gross domestic product (GDP) in Luxembourg
Luxembourg: Gross domestic product (GDP) was 36.13 billion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
36.13 billion international-$ in 2011 prices
Change on year
up 1.5%
World rank
123rd
of 166 countries
All-time high
36.13 billion international-$ in 2011 prices
in 2022
All-time low
3.67 billion international-$ in 2011 prices
in 1951
Years of data
73
1950–2022
Gross domestic product (GDP) in Luxembourg, 1950–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
Luxembourg recorded 36.13 billion international-$ in 2011 prices for gross domestic product (gdp) in 2022. That is the highest value across all 73 years on record.
Compared with earlier readings it is up 1.5% on the previous year and up 26.3% over ten years.
Over the whole period, gross domestic product (gdp) in Luxembourg peaked at 36.13 billion international-$ in 2011 prices in 2022 and was at its lowest, 3.67 billion international-$ in 2011 prices, in 1951.
Luxembourg ranks 123rd of 166 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.
Gross domestic product (GDP) in Luxembourg, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1950 | 3.95 billion international-$ in 2011 prices | — |
| 1951 | 3.67 billion international-$ in 2011 prices | -7.2% |
| 1952 | 3.94 billion international-$ in 2011 prices | +7.3% |
| 1953 | 3.99 billion international-$ in 2011 prices | +1.3% |
| 1954 | 4.01 billion international-$ in 2011 prices | +0.5% |
| 1955 | 4.21 billion international-$ in 2011 prices | +5.0% |
| 1956 | 4.40 billion international-$ in 2011 prices | +4.4% |
| 1957 | 4.61 billion international-$ in 2011 prices | +4.9% |
| 1958 | 4.68 billion international-$ in 2011 prices | +1.5% |
| 1959 | 4.80 billion international-$ in 2011 prices | +2.5% |
| 1960 | 4.98 billion international-$ in 2011 prices | +3.8% |
| 1961 | 5.18 billion international-$ in 2011 prices | +4.0% |
| 1962 | 5.25 billion international-$ in 2011 prices | +1.4% |
| 1963 | 5.43 billion international-$ in 2011 prices | +3.5% |
| 1964 | 5.85 billion international-$ in 2011 prices | +7.7% |
| 1965 | 5.97 billion international-$ in 2011 prices | +1.9% |
| 1966 | 6.04 billion international-$ in 2011 prices | +1.2% |
| 1967 | 6.05 billion international-$ in 2011 prices | +0.2% |
| 1968 | 6.31 billion international-$ in 2011 prices | +4.2% |
| 1969 | 6.92 billion international-$ in 2011 prices | +9.8% |
| 1970 | 7.04 billion international-$ in 2011 prices | +1.7% |
| 1971 | 7.23 billion international-$ in 2011 prices | +2.7% |
| 1972 | 7.71 billion international-$ in 2011 prices | +6.6% |
| 1973 | 8.35 billion international-$ in 2011 prices | +8.3% |
| 1974 | 8.70 billion international-$ in 2011 prices | +4.2% |
| 1975 | 8.13 billion international-$ in 2011 prices | -6.6% |
| 1976 | 8.33 billion international-$ in 2011 prices | +2.5% |
| 1977 | 8.46 billion international-$ in 2011 prices | +1.6% |
| 1978 | 8.81 billion international-$ in 2011 prices | +4.1% |
| 1979 | 9.02 billion international-$ in 2011 prices | +2.3% |
| 1980 | 9.09 billion international-$ in 2011 prices | +0.9% |
| 1981 | 9.18 billion international-$ in 2011 prices | +1.0% |
| 1982 | 9.14 billion international-$ in 2011 prices | -0.4% |
| 1983 | 9.42 billion international-$ in 2011 prices | +3.0% |
| 1984 | 10.00 billion international-$ in 2011 prices | +6.2% |
| 1985 | 10.29 billion international-$ in 2011 prices | +2.9% |
| 1986 | 11.09 billion international-$ in 2011 prices | +7.7% |
| 1987 | 11.35 billion international-$ in 2011 prices | +2.3% |
| 1988 | 12.53 billion international-$ in 2011 prices | +10.4% |
| 1989 | 13.76 billion international-$ in 2011 prices | +9.8% |
| 1990 | 14.06 billion international-$ in 2011 prices | +2.2% |
| 1991 | 15.22 billion international-$ in 2011 prices | +8.2% |
| 1992 | 15.44 billion international-$ in 2011 prices | +1.5% |
| 1993 | 16.04 billion international-$ in 2011 prices | +3.9% |
| 1994 | 16.60 billion international-$ in 2011 prices | +3.5% |
| 1995 | 16.77 billion international-$ in 2011 prices | +1.0% |
| 1996 | 16.91 billion international-$ in 2011 prices | +0.8% |
| 1997 | 17.81 billion international-$ in 2011 prices | +5.3% |
| 1998 | 18.82 billion international-$ in 2011 prices | +5.7% |
| 1999 | 20.36 billion international-$ in 2011 prices | +8.1% |
| 2000 | 21.94 billion international-$ in 2011 prices | +7.8% |
| 2001 | 22.39 billion international-$ in 2011 prices | +2.1% |
| 2002 | 23.16 billion international-$ in 2011 prices | +3.5% |
| 2003 | 23.45 billion international-$ in 2011 prices | +1.3% |
| 2004 | 24.20 billion international-$ in 2011 prices | +3.2% |
| 2005 | 24.87 billion international-$ in 2011 prices | +2.8% |
| 2006 | 26.05 billion international-$ in 2011 prices | +4.7% |
| 2007 | 28.14 billion international-$ in 2011 prices | +8.0% |
| 2008 | 27.66 billion international-$ in 2011 prices | -1.7% |
| 2009 | 26.34 billion international-$ in 2011 prices | -4.8% |
| 2010 | 27.53 billion international-$ in 2011 prices | +4.5% |
| 2011 | 28.14 billion international-$ in 2011 prices | +2.2% |
| 2012 | 28.61 billion international-$ in 2011 prices | +1.6% |
| 2013 | 29.51 billion international-$ in 2011 prices | +3.2% |
| 2014 | 30.29 billion international-$ in 2011 prices | +2.6% |
| 2015 | 30.98 billion international-$ in 2011 prices | +2.3% |
| 2016 | 32.52 billion international-$ in 2011 prices | +5.0% |
| 2017 | 32.95 billion international-$ in 2011 prices | +1.3% |
| 2018 | 33.35 billion international-$ in 2011 prices | +1.2% |
| 2019 | 34.12 billion international-$ in 2011 prices | +2.3% |
| 2020 | 33.85 billion international-$ in 2011 prices | -0.8% |
| 2021 | 35.58 billion international-$ in 2011 prices | +5.1% |
| 2022 | 36.13 billion international-$ in 2011 prices | +1.5% |
Luxembourg compared with similar countries
- Luxembourg's 36.13 billion international-$ in 2011 prices is below the median for high income countries, which is 308.39 billion international-$ in 2011 prices, 12% of the median. (55 countries reporting)
- Luxembourg's 36.13 billion international-$ in 2011 prices is below the median for Europe & Central Asia, which is 245.02 billion international-$ in 2011 prices, 15% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 4.23 billion international-$ in 2011 prices | 3.67 billion international-$ in 2011 prices | 4.80 billion international-$ in 2011 prices | 10 |
| 1960s | 5.80 billion international-$ in 2011 prices | 4.98 billion international-$ in 2011 prices | 6.92 billion international-$ in 2011 prices | 10 |
| 1970s | 8.18 billion international-$ in 2011 prices | 7.04 billion international-$ in 2011 prices | 9.02 billion international-$ in 2011 prices | 10 |
| 1980s | 10.59 billion international-$ in 2011 prices | 9.09 billion international-$ in 2011 prices | 13.76 billion international-$ in 2011 prices | 10 |
| 1990s | 16.80 billion international-$ in 2011 prices | 14.06 billion international-$ in 2011 prices | 20.36 billion international-$ in 2011 prices | 10 |
| 2000s | 24.82 billion international-$ in 2011 prices | 21.94 billion international-$ in 2011 prices | 28.14 billion international-$ in 2011 prices | 10 |
| 2010s | 30.80 billion international-$ in 2011 prices | 27.53 billion international-$ in 2011 prices | 34.12 billion international-$ in 2011 prices | 10 |
| 2020s | 35.19 billion international-$ in 2011 prices | 33.85 billion international-$ in 2011 prices | 36.13 billion international-$ in 2011 prices | 3 |
Countries ranked near Luxembourg
- 120 Trinidad and Tobago 37.51 billion international-$ in 2011 prices compare
- 121 Burkina Faso 37.32 billion international-$ in 2011 prices compare
- 122 Albania 36.17 billion international-$ in 2011 prices compare
- 124 Gabon 36.04 billion international-$ in 2011 prices compare
- 125 Cyprus 34.26 billion international-$ in 2011 prices compare
- 126 Benin 33.29 billion international-$ in 2011 prices compare
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$), annual growth rate 9.54 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Luxembourg?
- Gross domestic product (gdp) in Luxembourg was 36.13 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Luxembourg?
- The highest recorded value was 36.13 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Luxembourg?
- The lowest recorded value was 3.67 billion international-$ in 2011 prices in 1951.
- How does Luxembourg rank for gross domestic product (gdp)?
- Luxembourg ranks 123rd out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Luxembourg?
- Over the last ten years it is up 26.3%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.