GERD by sector of performance and socioeconomic objectives (NABS 2007) in Luxembourg
Luxembourg: GERD by sector of performance and socioeconomic objectives (NABS 2007) was 893.22 Million euro in 2024. ▲ Rising
Latest (2024)
893.22 Million euro
Change on year
up 3.0%
World rank
38th
of 54 countries
All-time high
893.22 Million euro
in 2024
All-time low
425.8 Million euro
in 2003
Years of data
22
2003–2024
GERD by sector of performance and socioeconomic objectives in Luxembourg, 2003–2024
Source: Eurostat. Measured in Million euro.
Analysis
Luxembourg recorded 893.22 Million euro for gerd by sector of performance and socioeconomic objectives in 2024. That is the highest value across all 22 years on record.
The figure is up 3.0% on the previous year and up 41.7% over ten years.
Over the whole period, gerd by sector of performance and socioeconomic objectives in Luxembourg peaked at 893.22 Million euro in 2024 and was at its lowest, 425.8 Million euro, in 2003.
Luxembourg ranks 38th of 54 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
GERD by sector of performance and socioeconomic objectives (NABS 2007) in Luxembourg, year by year
| Year | Million euro | Change |
|---|---|---|
| 2003 | 425.8 Million euro | — |
| 2004 | 447.7 Million euro | +5.1% |
| 2005 | 472 Million euro | +5.4% |
| 2006 | 563.5 Million euro | +19.4% |
| 2007 | 591.6 Million euro | +5.0% |
| 2008 | 618.8 Million euro | +4.6% |
| 2009 | 620.28 Million euro | +0.2% |
| 2010 | 603.7 Million euro | -2.7% |
| 2011 | 631.4 Million euro | +4.6% |
| 2012 | 561.4 Million euro | -11.1% |
| 2013 | 605.73 Million euro | +7.9% |
| 2014 | 630.3 Million euro | +4.1% |
| 2015 | 678 Million euro | +7.6% |
| 2016 | 712.1 Million euro | +5.0% |
| 2017 | 720.7 Million euro | +1.2% |
| 2018 | 704.5 Million euro | -2.2% |
| 2019 | 737.8 Million euro | +4.7% |
| 2020 | 707.08 Million euro | -4.2% |
| 2021 | 753.42 Million euro | +6.6% |
| 2022 | 817.42 Million euro | +8.5% |
| 2023 | 866.98 Million euro | +6.1% |
| 2024 | 893.22 Million euro | +3.0% |
Luxembourg compared with similar countries
- Luxembourg's 893.22 Million euro is below the median for Europe & Central Asia, which is 5,020 Million euro, 18% of the median. (35 countries reporting)
- Luxembourg's 893.22 Million euro is below the median for high income countries, which is 8,893 Million euro, 10% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 534.24 Million euro | 425.8 Million euro | 620.28 Million euro | 7 |
| 2010s | 658.56 Million euro | 561.4 Million euro | 737.8 Million euro | 10 |
| 2020s | 807.62 Million euro | 707.08 Million euro | 893.22 Million euro | 5 |
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 gerd by sector of performance and socioeconomic objectives in Luxembourg?
- Gerd by sector of performance and socioeconomic objectives in Luxembourg was 893.22 Million euro in 2024, according to Eurostat.
- What is the highest gerd by sector of performance and socioeconomic objectives recorded in Luxembourg?
- The highest recorded value was 893.22 Million euro in 2024.
- What is the lowest gerd by sector of performance and socioeconomic objectives recorded in Luxembourg?
- The lowest recorded value was 425.8 Million euro in 2003.
- How does Luxembourg rank for gerd by sector of performance and socioeconomic objectives?
- Luxembourg ranks 38th out of 54 countries with data for 2024.
- Is gerd by sector of performance and socioeconomic objectives rising or falling in Luxembourg?
- Over the last ten years it is up 41.7%. 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 GERD by sector of performance and socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.
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