Gdp penn world table in Luxembourg
Luxembourg: Gdp penn world table was 62.79 billion in 2023. ◆ Volatile
Latest (2023)
62.79 billion
Change on year
down 1.3%
World rank
108th
of 184 countries
All-time high
64.98 billion
in 2021
All-time low
4.74 billion
in 1950
Years of data
74
1950–2023
Gdp penn world table in Luxembourg, 1950–2023
Source: Our World in Data.
Analysis
Luxembourg recorded 62.79 billion for gdp penn world table in 2023.
Compared with earlier readings it is down 1.3% on the previous year and up 57.6% over ten years.
Over the whole period, gdp penn world table in Luxembourg peaked at 64.98 billion in 2021 and was at its lowest, 4.74 billion, in 1950.
Luxembourg ranks 108th of 184 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 5.45 billion | 4.74 billion | 6.05 billion | 10 |
| 1960s | 7.07 billion | 6.31 billion | 8.88 billion | 10 |
| 1970s | 10.14 billion | 8.71 billion | 11.40 billion | 10 |
| 1980s | 12.31 billion | 11.00 billion | 16.27 billion | 10 |
| 1990s | 22.54 billion | 17.17 billion | 29.79 billion | 10 |
| 2000s | 33.87 billion | 30.92 billion | 37.46 billion | 10 |
| 2010s | 48.74 billion | 37.45 billion | 61.50 billion | 10 |
| 2020s | 62.50 billion | 58.60 billion | 64.98 billion | 4 |
Countries ranked near Luxembourg
More economy & growth data for Luxembourg
- External balance on goods and services as a percent of gdp 31.16 (2025)
- Inflation of consumer prices 2.26 (2025)
- Gdp per capita worldbank constant usd 103,292 (2025)
- Manufacturing value added to gdp 3.72 (2025)
- Gdp worldbank constant usd 70.96 billion (2025)
- Gdp per capita in international and market dollars 103,292 (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 gdp penn world table in Luxembourg?
- Gdp penn world table in Luxembourg was 62.79 billion in 2023, according to Our World in Data.
- What is the highest gdp penn world table recorded in Luxembourg?
- The highest recorded value was 64.98 billion in 2021.
- What is the lowest gdp penn world table recorded in Luxembourg?
- The lowest recorded value was 4.74 billion in 1950.
- How does Luxembourg rank for gdp penn world table?
- Luxembourg ranks 108th out of 184 countries with data for 2023.
- Is gdp penn world table rising or falling in Luxembourg?
- Over the last ten years it is up 57.6%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Our World in Data, published as part of Gdp penn world table. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 74 observations, free to reuse under CC BY 4.0 (Our World in Data).