GNI growth in Luxembourg
Luxembourg: GNI growth was -2.4% in 2024. ◆ Volatile
GNI growth in Luxembourg, 1971–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
In 2024, gni growth in Luxembourg stood at -2.4%.
Compared with earlier readings it is down 144.5% on the previous year and down 142.0% over ten years.
Over the whole period, gni growth in Luxembourg peaked at 32.4% in 1982 and was at its lowest, -28.8%, in 2009.
That places Luxembourg 150th out of 163 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GNI growth in Luxembourg, year by year
| Year | annual % | Change |
|---|---|---|
| 1971 | -4.6% | — |
| 1972 | 8.2% | -277.2% |
| 1973 | 8.9% | +8.6% |
| 1974 | 6.6% | -25.8% |
| 1975 | -8.1% | -222.6% |
| 1976 | 9.2% | -214.5% |
| 1977 | -3.2% | -134.5% |
| 1978 | 2.5% | -177.6% |
| 1979 | -7.3% | -394.6% |
| 1980 | -11.2% | +54.0% |
| 1981 | -18.9% | +68.9% |
| 1982 | 32.4% | -271.6% |
| 1983 | 23.5% | -27.5% |
| 1984 | 0.0% | -99.9% |
| 1985 | 7.6% | +30017.9% |
| 1986 | 6.6% | -13.3% |
| 1987 | 4.5% | -31.6% |
| 1988 | 6.3% | +39.8% |
| 1989 | 6.7% | +7.1% |
| 1990 | 4.9% | -26.5% |
| 1991 | 8.6% | +73.1% |
| 1992 | -1.0% | -111.8% |
| 1993 | 4.9% | -588.0% |
| 1994 | -0.4% | -107.5% |
| 1995 | 5.6% | -1597.4% |
| 1996 | 2.8% | -49.7% |
| 1997 | 10.6% | +277.5% |
| 1998 | -2.2% | -120.4% |
| 1999 | 5.7% | -362.0% |
| 2000 | 4.7% | -17.0% |
| 2001 | 4.3% | -9.1% |
| 2002 | -9.5% | -322.4% |
| 2003 | -8.9% | -5.7% |
| 2004 | 23.3% | -361.2% |
| 2005 | 4.0% | -82.9% |
| 2006 | -7.2% | -281.4% |
| 2007 | 22.5% | -411.2% |
| 2008 | 0.3% | -98.6% |
| 2009 | -28.8% | -9112.7% |
| 2010 | 13.5% | -147.0% |
| 2011 | 4.0% | -70.7% |
| 2012 | 13.6% | +241.8% |
| 2013 | -2.9% | -121.6% |
| 2014 | 5.6% | -291.8% |
| 2015 | -8.9% | -257.8% |
| 2016 | 6.1% | -168.4% |
| 2017 | 9.4% | +55.4% |
| 2018 | 1.8% | -80.6% |
| 2019 | -2.9% | -256.7% |
| 2020 | 2.5% | -186.0% |
| 2021 | 8.2% | +230.8% |
| 2022 | -6.1% | -174.8% |
| 2023 | 5.3% | -187.1% |
| 2024 | -2.4% | -144.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.4% | -8.1% | 9.2% | 9 |
| 1980s | 5.8% | -18.9% | 32.4% | 10 |
| 1990s | 3.9% | -2.2% | 10.6% | 10 |
| 2000s | 0.5% | -28.8% | 23.3% | 10 |
| 2010s | 3.9% | -8.9% | 13.6% | 10 |
| 2020s | 1.5% | -6.1% | 8.2% | 5 |
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 domestic savings (current US$), annual growth rate 6.21 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.4666 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 68,707 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 1.74 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.4129 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 60,804 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 14.74 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.65 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gni growth in Luxembourg?
- Gni growth in Luxembourg was -2.4% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni growth recorded in Luxembourg?
- The highest recorded value was 32.4% in 1982.
- What is the lowest gni growth recorded in Luxembourg?
- The lowest recorded value was -28.8% in 2009.
- How does Luxembourg rank for gni growth?
- Luxembourg ranks 150th out of 163 countries with data for 2024.
- Is gni growth rising or falling in Luxembourg?
- Over the last ten years it is down 142.0%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GNI growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.