GDP weights used in the calculation of the global specific indicator in Luxembourg
Luxembourg: GDP weights used in the calculation of the global specific indicator was 0.4% in 2023. ▲ Rising
GDP weights used in the calculation of the global specific indicator in Luxembourg, 2014–2023
Source: Eurostat. Measured in Percentage of EU27 (from 2020) total (based on million purchasing power standard.
Analysis
The most recent figure for gdp weights used in the calculation of the global specific indicator in Luxembourg is 0.4%, measured in 2023. That is the highest value across all 10 years on record.
The figure is up 33.3% over ten years.
Over the whole period, gdp weights used in the calculation of the global specific indicator in Luxembourg peaked at 0.4% in 2021 and was at its lowest, 0.3%, in 2014.
That places Luxembourg 29th out of 37 countries with data for 2023, putting it in the bottom quarter.
GDP weights used in the calculation of the global specific indicator in Luxembourg, year by year
| Year | Percentage of EU27 (from 2020) total (based on million purchasing power standard | Change |
|---|---|---|
| 2014 | 0.3% | — |
| 2015 | 0.3% | +0.0% |
| 2016 | 0.3% | +0.0% |
| 2017 | 0.3% | +0.0% |
| 2018 | 0.3% | +0.0% |
| 2019 | 0.3% | +0.0% |
| 2020 | 0.3% | +0.0% |
| 2021 | 0.4% | +33.3% |
| 2022 | 0.4% | +0.0% |
| 2023 | 0.4% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.3% | 0.3% | 0.3% | 6 |
| 2020s | 0.4% | 0.3% | 0.4% | 4 |
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)
- Gross capital formation (constant 2015 US$), annual growth rate -1.16 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1039 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 15,304 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 8.19 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 1.59 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 234,668 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 3.64 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 1.41 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp weights used in the calculation of the global specific indicator in Luxembourg?
- Gdp weights used in the calculation of the global specific indicator in Luxembourg was 0.4% in 2023, according to Eurostat.
- What is the highest gdp weights used in the calculation of the global specific indicator recorded in Luxembourg?
- The highest recorded value was 0.4% in 2021.
- What is the lowest gdp weights used in the calculation of the global specific indicator recorded in Luxembourg?
- The lowest recorded value was 0.3% in 2014.
- How does Luxembourg rank for gdp weights used in the calculation of the global specific indicator?
- Luxembourg ranks 29th out of 37 countries with data for 2023.
- Is gdp weights used in the calculation of the global specific indicator rising or falling in Luxembourg?
- Over the last ten years it is up 33.3%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Eurostat, published as part of GDP weights used in the calculation of the global specific indicator. Statizoid updates them automatically from the source API.
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