Gross domestic product (GDP), per unit of GDP in Luxembourg
Luxembourg: Gross domestic product (GDP), per unit of GDP was 0.7072 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
0.7072 international-$ in 2021 prices per US$ of GDP
Change on year
down 10.2%
World rank
177th
of 180 countries
All-time high
9.05 international-$ in 2021 prices per US$ of GDP
in 1960
All-time low
0.607 international-$ in 2021 prices per US$ of GDP
in 2011
Years of data
64
1960–2023
Gross domestic product (GDP), per unit of GDP in Luxembourg, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
Luxembourg recorded 0.7072 international-$ in 2021 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2023.
The figure is down 10.2% on the previous year and up 15.7% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Luxembourg peaked at 9.05 international-$ in 2021 prices per US$ of GDP in 1960 and was at its lowest, 0.607 international-$ in 2021 prices per US$ of GDP, in 2011.
That places Luxembourg 177th out of 180 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), per unit of GDP in Luxembourg, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 9.05 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 9.05 international-$ in 2021 prices per US$ of GDP | -0.1% |
| 1962 | 8.44 international-$ in 2021 prices per US$ of GDP | -6.7% |
| 1963 | 8 international-$ in 2021 prices per US$ of GDP | -5.2% |
| 1964 | 7.59 international-$ in 2021 prices per US$ of GDP | -5.1% |
| 1965 | 7.57 international-$ in 2021 prices per US$ of GDP | -0.2% |
| 1966 | 7.31 international-$ in 2021 prices per US$ of GDP | -3.4% |
| 1967 | 7.52 international-$ in 2021 prices per US$ of GDP | +2.9% |
| 1968 | 7.25 international-$ in 2021 prices per US$ of GDP | -3.6% |
| 1969 | 7.13 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 1970 | 6.17 international-$ in 2021 prices per US$ of GDP | -13.4% |
| 1971 | 5.74 international-$ in 2021 prices per US$ of GDP | -7.0% |
| 1972 | 4.91 international-$ in 2021 prices per US$ of GDP | -14.5% |
| 1973 | 3.99 international-$ in 2021 prices per US$ of GDP | -18.6% |
| 1974 | 3.52 international-$ in 2021 prices per US$ of GDP | -11.9% |
| 1975 | 3.1 international-$ in 2021 prices per US$ of GDP | -11.8% |
| 1976 | 3.01 international-$ in 2021 prices per US$ of GDP | -3.2% |
| 1977 | 2.74 international-$ in 2021 prices per US$ of GDP | -8.8% |
| 1978 | 2.32 international-$ in 2021 prices per US$ of GDP | -15.3% |
| 1979 | 2.07 international-$ in 2021 prices per US$ of GDP | -10.9% |
| 1980 | 1.92 international-$ in 2021 prices per US$ of GDP | -7.1% |
| 1981 | 2.2 international-$ in 2021 prices per US$ of GDP | +14.5% |
| 1982 | 2.41 international-$ in 2021 prices per US$ of GDP | +9.6% |
| 1983 | 2.44 international-$ in 2021 prices per US$ of GDP | +1.2% |
| 1984 | 2.48 international-$ in 2021 prices per US$ of GDP | +1.6% |
| 1985 | 2.41 international-$ in 2021 prices per US$ of GDP | -2.6% |
| 1986 | 1.88 international-$ in 2021 prices per US$ of GDP | -22.2% |
| 1987 | 1.56 international-$ in 2021 prices per US$ of GDP | -16.8% |
| 1988 | 1.54 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 1989 | 1.62 international-$ in 2021 prices per US$ of GDP | +5.6% |
| 1990 | 1.34 international-$ in 2021 prices per US$ of GDP | -17.1% |
| 1991 | 1.38 international-$ in 2021 prices per US$ of GDP | +2.4% |
| 1992 | 1.25 international-$ in 2021 prices per US$ of GDP | -8.9% |
| 1993 | 1.31 international-$ in 2021 prices per US$ of GDP | +4.7% |
| 1994 | 1.25 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 1995 | 1.08 international-$ in 2021 prices per US$ of GDP | -13.5% |
| 1996 | 1.1 international-$ in 2021 prices per US$ of GDP | +1.5% |
| 1997 | 1.26 international-$ in 2021 prices per US$ of GDP | +14.4% |
| 1998 | 1.32 international-$ in 2021 prices per US$ of GDP | +4.8% |
| 1999 | 1.36 international-$ in 2021 prices per US$ of GDP | +3.0% |
| 2000 | 1.59 international-$ in 2021 prices per US$ of GDP | +17.0% |
| 2001 | 1.53 international-$ in 2021 prices per US$ of GDP | -4.1% |
| 2002 | 1.38 international-$ in 2021 prices per US$ of GDP | -9.4% |
| 2003 | 1.07 international-$ in 2021 prices per US$ of GDP | -22.8% |
| 2004 | 0.8817 international-$ in 2021 prices per US$ of GDP | -17.3% |
| 2005 | 0.8885 international-$ in 2021 prices per US$ of GDP | +0.8% |
| 2006 | 0.7907 international-$ in 2021 prices per US$ of GDP | -11.0% |
| 2007 | 0.702 international-$ in 2021 prices per US$ of GDP | -11.2% |
| 2008 | 0.6366 international-$ in 2021 prices per US$ of GDP | -9.3% |
| 2009 | 0.6614 international-$ in 2021 prices per US$ of GDP | +3.9% |
| 2010 | 0.7296 international-$ in 2021 prices per US$ of GDP | +10.3% |
| 2011 | 0.607 international-$ in 2021 prices per US$ of GDP | -16.8% |
| 2012 | 0.6814 international-$ in 2021 prices per US$ of GDP | +12.3% |
| 2013 | 0.6112 international-$ in 2021 prices per US$ of GDP | -10.3% |
| 2014 | 0.6651 international-$ in 2021 prices per US$ of GDP | +8.8% |
| 2015 | 0.8682 international-$ in 2021 prices per US$ of GDP | +30.5% |
| 2016 | 0.8748 international-$ in 2021 prices per US$ of GDP | +0.8% |
| 2017 | 0.8935 international-$ in 2021 prices per US$ of GDP | +2.1% |
| 2018 | 0.7846 international-$ in 2021 prices per US$ of GDP | -12.2% |
| 2019 | 0.8801 international-$ in 2021 prices per US$ of GDP | +12.2% |
| 2020 | 0.7955 international-$ in 2021 prices per US$ of GDP | -9.6% |
| 2021 | 0.7522 international-$ in 2021 prices per US$ of GDP | -5.4% |
| 2022 | 0.7875 international-$ in 2021 prices per US$ of GDP | +4.7% |
| 2023 | 0.7072 international-$ in 2021 prices per US$ of GDP | -10.2% |
Luxembourg compared with similar countries
- Luxembourg's 0.7072 international-$ in 2021 prices per US$ of GDP is below the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 57% of the median. (65 countries reporting)
- Luxembourg's 0.7072 international-$ in 2021 prices per US$ of GDP is below the median for Europe & Central Asia, which is 1.5 international-$ in 2021 prices per US$ of GDP, 47% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.89 international-$ in 2021 prices per US$ of GDP | 7.13 international-$ in 2021 prices per US$ of GDP | 9.05 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 3.76 international-$ in 2021 prices per US$ of GDP | 2.07 international-$ in 2021 prices per US$ of GDP | 6.17 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 2.05 international-$ in 2021 prices per US$ of GDP | 1.54 international-$ in 2021 prices per US$ of GDP | 2.48 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 1.27 international-$ in 2021 prices per US$ of GDP | 1.08 international-$ in 2021 prices per US$ of GDP | 1.38 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.01 international-$ in 2021 prices per US$ of GDP | 0.6366 international-$ in 2021 prices per US$ of GDP | 1.59 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 0.7596 international-$ in 2021 prices per US$ of GDP | 0.607 international-$ in 2021 prices per US$ of GDP | 0.8935 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 0.7606 international-$ in 2021 prices per US$ of GDP | 0.7072 international-$ in 2021 prices per US$ of GDP | 0.7955 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Luxembourg
- 174 Switzerland 0.8595 international-$ in 2021 prices per US$ of GDP compare
- 175 Israel 0.7956 international-$ in 2021 prices per US$ of GDP compare
- 176 Iceland 0.7726 international-$ in 2021 prices per US$ of GDP compare
- 178 Bermuda 0.4676 international-$ in 2021 prices per US$ of GDP compare
- 179 Barbados 0.4234 international-$ in 2021 prices per US$ of GDP compare
- 180 South Sudan 0.3902 international-$ in 2021 prices per US$ of GDP 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)
- 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$), annual growth rate 9.54 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Luxembourg?
- Gross domestic product (gdp), per unit of gdp in Luxembourg was 0.7072 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Luxembourg?
- The highest recorded value was 9.05 international-$ in 2021 prices per US$ of GDP in 1960.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Luxembourg?
- The lowest recorded value was 0.607 international-$ in 2021 prices per US$ of GDP in 2011.
- How does Luxembourg rank for gross domestic product (gdp), per unit of gdp?
- Luxembourg ranks 177th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Luxembourg?
- Over the last ten years it is up 15.7%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.