Gross domestic product (GDP) and Gross value added (GVA) in volume by in Luxembourg
Luxembourg: Gross domestic product (GDP) and Gross value added (GVA) in volume by was 105.6 Index, 2020=100 in 2024. ▲ Rising
Latest (2024)
105.6 Index, 2020=100
Change on year
up 0.1%
World rank
39th
of 43 countries
All-time high
107.3 Index, 2020=100
in 2021
All-time low
61 Index, 2020=100
in 2000
Years of data
25
2000–2024
Gross domestic product (GDP) and Gross value added (GVA) in volume by in Luxembourg, 2000–2024
Source: Eurostat. Measured in Index, 2020=100.
Analysis
The most recent figure for gross domestic product (gdp) and gross value added (gva) in volume by in Luxembourg is 105.6 Index, 2020=100, measured in 2024.
That represents a change of up 0.1% on the previous year and up 20.8% over ten years.
Over the whole period, gross domestic product (gdp) and gross value added (gva) in volume by in Luxembourg peaked at 107.3 Index, 2020=100 in 2021 and was at its lowest, 61 Index, 2020=100, in 2000.
Luxembourg ranks 39th of 43 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) and Gross value added (GVA) in volume by in Luxembourg, year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 2000 | 61 Index, 2020=100 | — |
| 2001 | 63.3 Index, 2020=100 | +3.8% |
| 2002 | 65.2 Index, 2020=100 | +3.0% |
| 2003 | 66.9 Index, 2020=100 | +2.6% |
| 2004 | 69.3 Index, 2020=100 | +3.6% |
| 2005 | 70.8 Index, 2020=100 | +2.2% |
| 2006 | 75.6 Index, 2020=100 | +6.8% |
| 2007 | 81.8 Index, 2020=100 | +8.2% |
| 2008 | 81.4 Index, 2020=100 | -0.5% |
| 2009 | 78.7 Index, 2020=100 | -3.3% |
| 2010 | 81.6 Index, 2020=100 | +3.7% |
| 2011 | 81.9 Index, 2020=100 | +0.4% |
| 2012 | 83 Index, 2020=100 | +1.3% |
| 2013 | 85.6 Index, 2020=100 | +3.1% |
| 2014 | 87.4 Index, 2020=100 | +2.1% |
| 2015 | 91.4 Index, 2020=100 | +4.6% |
| 2016 | 96 Index, 2020=100 | +5.0% |
| 2017 | 96.9 Index, 2020=100 | +0.9% |
| 2018 | 98.1 Index, 2020=100 | +1.2% |
| 2019 | 100.9 Index, 2020=100 | +2.9% |
| 2020 | 100 Index, 2020=100 | -0.9% |
| 2021 | 107.3 Index, 2020=100 | +7.3% |
| 2022 | 105.7 Index, 2020=100 | -1.5% |
| 2023 | 105.5 Index, 2020=100 | -0.2% |
| 2024 | 105.6 Index, 2020=100 | +0.1% |
Luxembourg compared with similar countries
- Luxembourg's 105.6 Index, 2020=100 is below the median for high income countries, which is 113.3 Index, 2020=100, 93% of the median. (28 countries reporting)
- Luxembourg's 105.6 Index, 2020=100 is below the median for Europe & Central Asia, which is 113.3 Index, 2020=100, 93% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 71.4 Index, 2020=100 | 61 Index, 2020=100 | 81.8 Index, 2020=100 | 10 |
| 2010s | 90.28 Index, 2020=100 | 81.6 Index, 2020=100 | 100.9 Index, 2020=100 | 10 |
| 2020s | 104.82 Index, 2020=100 | 100 Index, 2020=100 | 107.3 Index, 2020=100 | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 108.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 1.16 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 160,408 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -93.89 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -188.59 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.9282 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -136,679 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 9.54 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) and gross value added (gva) in volume by in Luxembourg?
- Gross domestic product (gdp) and gross value added (gva) in volume by in Luxembourg was 105.6 Index, 2020=100 in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Luxembourg?
- The highest recorded value was 107.3 Index, 2020=100 in 2021.
- What is the lowest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Luxembourg?
- The lowest recorded value was 61 Index, 2020=100 in 2000.
- How does Luxembourg rank for gross domestic product (gdp) and gross value added (gva) in volume by?
- Luxembourg ranks 39th out of 43 countries with data for 2024.
- Is gross domestic product (gdp) and gross value added (gva) in volume by rising or falling in Luxembourg?
- Over the last ten years it is up 20.8%. 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 Gross domestic product (GDP) and Gross value added (GVA) in volume by NUTS 2 region. Statizoid updates them automatically from the source API.
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