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.
Gdp penn world table in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 4.74 billion | — |
| 1951 | 5.12 billion | +8.0% |
| 1952 | 5.64 billion | +10.1% |
| 1953 | 5.06 billion | -10.2% |
| 1954 | 4.94 billion | -2.3% |
| 1955 | 5.32 billion | +7.6% |
| 1956 | 5.86 billion | +10.2% |
| 1957 | 6.05 billion | +3.2% |
| 1958 | 5.86 billion | -3.1% |
| 1959 | 5.89 billion | +0.5% |
| 1960 | 6.43 billion | +9.2% |
| 1961 | 6.43 billion | -0.0% |
| 1962 | 6.31 billion | -1.8% |
| 1963 | 6.38 billion | +1.1% |
| 1964 | 6.91 billion | +8.3% |
| 1965 | 7.04 billion | +1.8% |
| 1966 | 7.14 billion | +1.5% |
| 1967 | 7.39 billion | +3.6% |
| 1968 | 7.80 billion | +5.5% |
| 1969 | 8.88 billion | +13.8% |
| 1970 | 8.99 billion | +1.3% |
| 1971 | 8.71 billion | -3.1% |
| 1972 | 9.33 billion | +7.1% |
| 1973 | 10.43 billion | +11.7% |
| 1974 | 11.20 billion | +7.5% |
| 1975 | 9.70 billion | -13.5% |
| 1976 | 10.29 billion | +6.1% |
| 1977 | 10.38 billion | +0.9% |
| 1978 | 10.95 billion | +5.4% |
| 1979 | 11.40 billion | +4.2% |
| 1980 | 11.56 billion | +1.4% |
| 1981 | 11.11 billion | -3.9% |
| 1982 | 11.09 billion | -0.2% |
| 1983 | 11.04 billion | -0.5% |
| 1984 | 11.00 billion | -0.3% |
| 1985 | 11.05 billion | +0.4% |
| 1986 | 12.56 billion | +13.7% |
| 1987 | 13.01 billion | +3.6% |
| 1988 | 14.46 billion | +11.1% |
| 1989 | 16.27 billion | +12.5% |
| 1990 | 17.17 billion | +5.6% |
| 1991 | 19.04 billion | +10.9% |
| 1992 | 19.45 billion | +2.2% |
| 1993 | 20.90 billion | +7.4% |
| 1994 | 22.20 billion | +6.2% |
| 1995 | 22.62 billion | +1.9% |
| 1996 | 23.01 billion | +1.7% |
| 1997 | 24.64 billion | +7.1% |
| 1998 | 26.60 billion | +7.9% |
| 1999 | 29.79 billion | +12.0% |
| 2000 | 33.78 billion | +13.4% |
| 2001 | 32.63 billion | -3.4% |
| 2002 | 32.68 billion | +0.2% |
| 2003 | 31.63 billion | -3.2% |
| 2004 | 30.92 billion | -2.3% |
| 2005 | 33.47 billion | +8.3% |
| 2006 | 33.93 billion | +1.4% |
| 2007 | 36.22 billion | +6.7% |
| 2008 | 37.46 billion | +3.4% |
| 2009 | 36.02 billion | -3.8% |
| 2010 | 41.02 billion | +13.9% |
| 2011 | 37.45 billion | -8.7% |
| 2012 | 40.73 billion | +8.8% |
| 2013 | 39.85 billion | -2.2% |
| 2014 | 45.76 billion | +14.8% |
| 2015 | 52.16 billion | +14.0% |
| 2016 | 54.43 billion | +4.4% |
| 2017 | 58.72 billion | +7.9% |
| 2018 | 55.77 billion | -5.0% |
| 2019 | 61.50 billion | +10.3% |
| 2020 | 58.60 billion | -4.7% |
| 2021 | 64.98 billion | +10.9% |
| 2022 | 63.63 billion | -2.1% |
| 2023 | 62.79 billion | -1.3% |
Luxembourg compared with similar countries
- Luxembourg's 62.79 billion is below the median for high income countries, which is 277.84 billion, 23% of the median. (66 countries reporting)
- Luxembourg's 62.79 billion is below the median for Europe & Central Asia, which is 314.74 billion, 20% of the median. (48 countries reporting)
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
- Real gdp growth, annual growth rate 262.63 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.14 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 3,041 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1234 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0151 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 2,220 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.62 % change on previous year (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.
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