GNI, PPP (constant 2021 international $) in Luxembourg
Luxembourg: GNI, PPP was 57.57 billion constant 2021 international $ in 2024. ▲ Rising
GNI, PPP in Luxembourg, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2024, gni, ppp in Luxembourg stood at 57.57 billion constant 2021 international $.
That represents a change of down 1.8% on the previous year and up 12.6% over ten years.
Over the whole period, gni, ppp in Luxembourg peaked at 59.30 billion constant 2021 international $ in 2021 and was at its lowest, 25.53 billion constant 2021 international $, in 1990.
Luxembourg ranks 106th of 159 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
GNI, PPP in Luxembourg, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1990 | 25.53 billion constant 2021 international $ | — |
| 1991 | 27.56 billion constant 2021 international $ | +7.9% |
| 1992 | 27.62 billion constant 2021 international $ | +0.2% |
| 1993 | 28.93 billion constant 2021 international $ | +4.7% |
| 1994 | 29.24 billion constant 2021 international $ | +1.1% |
| 1995 | 30.64 billion constant 2021 international $ | +4.8% |
| 1996 | 31.56 billion constant 2021 international $ | +3.0% |
| 1997 | 33.30 billion constant 2021 international $ | +5.5% |
| 1998 | 33.47 billion constant 2021 international $ | +0.5% |
| 1999 | 36.36 billion constant 2021 international $ | +8.6% |
| 2000 | 37.73 billion constant 2021 international $ | +3.8% |
| 2001 | 38.41 billion constant 2021 international $ | +1.8% |
| 2002 | 37.27 billion constant 2021 international $ | -3.0% |
| 2003 | 36.53 billion constant 2021 international $ | -2.0% |
| 2004 | 42.64 billion constant 2021 international $ | +16.7% |
| 2005 | 44.55 billion constant 2021 international $ | +4.5% |
| 2006 | 43.14 billion constant 2021 international $ | -3.2% |
| 2007 | 49.23 billion constant 2021 international $ | +14.1% |
| 2008 | 46.87 billion constant 2021 international $ | -4.8% |
| 2009 | 37.14 billion constant 2021 international $ | -20.8% |
| 2010 | 42.27 billion constant 2021 international $ | +13.8% |
| 2011 | 43.89 billion constant 2021 international $ | +3.8% |
| 2012 | 49.85 billion constant 2021 international $ | +13.6% |
| 2013 | 48.42 billion constant 2021 international $ | -2.9% |
| 2014 | 51.13 billion constant 2021 international $ | +5.6% |
| 2015 | 46.55 billion constant 2021 international $ | -8.9% |
| 2016 | 49.37 billion constant 2021 international $ | +6.1% |
| 2017 | 54.02 billion constant 2021 international $ | +9.4% |
| 2018 | 55.02 billion constant 2021 international $ | +1.9% |
| 2019 | 53.48 billion constant 2021 international $ | -2.8% |
| 2020 | 54.82 billion constant 2021 international $ | +2.5% |
| 2021 | 59.30 billion constant 2021 international $ | +8.2% |
| 2022 | 55.65 billion constant 2021 international $ | -6.1% |
| 2023 | 58.62 billion constant 2021 international $ | +5.3% |
| 2024 | 57.57 billion constant 2021 international $ | -1.8% |
Luxembourg compared with similar countries
- Luxembourg's 57.57 billion constant 2021 international $ is below the median for high income countries, which is 429.86 billion constant 2021 international $, 13% of the median. (57 countries reporting)
- Luxembourg's 57.57 billion constant 2021 international $ is below the median for Europe & Central Asia, which is 294.26 billion constant 2021 international $, 20% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.42 billion constant 2021 international $ | 25.53 billion constant 2021 international $ | 36.36 billion constant 2021 international $ | 10 |
| 2000s | 41.35 billion constant 2021 international $ | 36.53 billion constant 2021 international $ | 49.23 billion constant 2021 international $ | 10 |
| 2010s | 49.40 billion constant 2021 international $ | 42.27 billion constant 2021 international $ | 55.02 billion constant 2021 international $ | 10 |
| 2020s | 57.19 billion constant 2021 international $ | 54.82 billion constant 2021 international $ | 59.30 billion constant 2021 international $ | 5 |
Countries ranked near Luxembourg
- 103 Nicaragua 60.24 billion constant 2021 international $ compare
- 104 Lebanon 59.99 billion constant 2021 international $ compare
- 105 Benin 59.68 billion constant 2021 international $ compare
- 107 Estonia 56.58 billion constant 2021 international $ compare
- 108 Madagascar 54.29 billion constant 2021 international $ compare
- 109 Albania 53.24 billion constant 2021 international $ compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0133 units per US$ of GDP (2025)
Frequently asked questions
- What is gni, ppp in Luxembourg?
- Gni, ppp in Luxembourg was 57.57 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni, ppp recorded in Luxembourg?
- The highest recorded value was 59.30 billion constant 2021 international $ in 2021.
- What is the lowest gni, ppp recorded in Luxembourg?
- The lowest recorded value was 25.53 billion constant 2021 international $ in 1990.
- How does Luxembourg rank for gni, ppp?
- Luxembourg ranks 106th out of 159 countries with data for 2024.
- Is gni, ppp rising or falling in Luxembourg?
- Over the last ten years it is up 12.6%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GNI, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross national income (GNI) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.