Gross domestic product (GDP) in Luxembourg
Luxembourg: Gross domestic product (GDP) was 36.13 billion international-$ in 2011 prices in 2022. ◆ Volatile
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 122nd of 165 regions 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.
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
- 119 Trinidad and Tobago 37.51 billion international-$ in 2011 prices compare
- 120 Burkina Faso 37.32 billion international-$ in 2011 prices compare
- 121 Albania 36.17 billion international-$ in 2011 prices compare
- 123 Gabon 36.04 billion international-$ in 2011 prices compare
- 124 Cyprus 34.26 billion international-$ in 2011 prices compare
- 125 Benin 33.29 billion international-$ in 2011 prices compare
More economy & growth data for Luxembourg
- External balance on goods and services as a percent of GDP 31.2% (2025)
- Inflation of consumer prices 2.3% (2025)
- GDP per capita 103,292 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 3.7% (2025)
- Gross domestic product (GDP) 70.96 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 103,292 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -587.70 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -636.12 million current US$ (2024)
- Taxes less subsidies on products 8.46 billion current LCU (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 122nd out of 165 regions 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.