Gross Domestic Product — Value US$, 2015 prices in Luxembourg

Luxembourg: Gross Domestic Product — Value US$, 2015 prices was 71,601 million USD in 2024. ◆ Volatile

Latest (2024)
71,601 million USD
Change on year
up 1.0%
World rank
76th
of 203 countries
All-time high
71,655 million USD
in 2022
All-time low
12,045 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$, 2015 prices in Luxembourg, 1970–2024

20.0k40.0k60.0k80.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Luxembourg recorded 71,601 million USD for gross domestic product — value us$, 2015 prices in 2024.

Compared with earlier readings it is up 1.0% on the previous year and up 21.9% over ten years.

Over the whole period, gross domestic product — value us$, 2015 prices in Luxembourg peaked at 71,655 million USD in 2022 and was at its lowest, 12,045 million USD, in 1970.

Luxembourg ranks 76th of 203 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value US$, 2015 prices in Luxembourg, year by year

Annual values for Gross Domestic Product — Value US$, 2015 prices in Luxembourg, 1970 to 2024.
Year million USD Change
1970 12,045 million USD
1971 12,366 million USD +2.7%
1972 13,182 million USD +6.6%
1973 14,278 million USD +8.3%
1974 14,880 million USD +4.2%
1975 13,902 million USD -6.6%
1976 14,254 million USD +2.5%
1977 14,478 million USD +1.6%
1978 15,068 million USD +4.1%
1979 15,422 million USD +2.3%
1980 15,551 million USD +0.8%
1981 15,466 million USD -0.6%
1982 15,640 million USD +1.1%
1983 16,108 million USD +3.0%
1984 17,104 million USD +6.2%
1985 17,582 million USD +2.8%
1986 19,337 million USD +10.0%
1987 20,101 million USD +4.0%
1988 21,803 million USD +8.5%
1989 23,939 million USD +9.8%
1990 25,212 million USD +5.3%
1991 27,392 million USD +8.6%
1992 27,890 million USD +1.8%
1993 29,062 million USD +4.2%
1994 30,172 million USD +3.8%
1995 30,604 million USD +1.4%
1996 31,032 million USD +1.4%
1997 32,714 million USD +5.4%
1998 34,898 million USD +6.7%
1999 37,751 million USD +8.2%
2000 40,370 million USD +6.9%
2001 41,611 million USD +3.1%
2002 42,953 million USD +3.2%
2003 44,078 million USD +2.6%
2004 45,944 million USD +4.2%
2005 47,084 million USD +2.5%
2006 49,917 million USD +6.0%
2007 53,960 million USD +8.1%
2008 53,798 million USD -0.3%
2009 52,055 million USD -3.2%
2010 54,013 million USD +3.8%
2011 54,577 million USD +1.0%
2012 55,477 million USD +1.6%
2013 57,237 million USD +3.2%
2014 58,738 million USD +2.6%
2015 60,072 million USD +2.3%
2016 63,062 million USD +5.0%
2017 63,893 million USD +1.3%
2018 64,672 million USD +1.2%
2019 66,558 million USD +2.9%
2020 65,952 million USD -0.9%
2021 70,680 million USD +7.2%
2022 71,655 million USD +1.4%
2023 70,870 million USD -1.1%
2024 71,601 million USD +1.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 13,988 million USD 12,045 million USD 15,422 million USD 10
1980s 18,263 million USD 15,466 million USD 23,939 million USD 10
1990s 30,673 million USD 25,212 million USD 37,751 million USD 10
2000s 47,177 million USD 40,370 million USD 53,960 million USD 10
2010s 59,830 million USD 54,013 million USD 66,558 million USD 10
2020s 70,152 million USD 65,952 million USD 71,655 million USD 5

Countries ranked near Luxembourg

  1. 73 Panama 77,614 million USD compare
  2. 74 Costa Rica 76,264 million USD compare
  3. 75 Ghana 74,517 million USD compare
  4. 77 Croatia 68,032 million USD compare
  5. 78 Sudan (former) 67,769 million USD compare
  6. 79 Sudan 67,525 million USD compare

See the full ranking of 252 places →

More economy & growth data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is gross domestic product — value us$, 2015 prices in Luxembourg?
Gross domestic product — value us$, 2015 prices in Luxembourg was 71,601 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$, 2015 prices recorded in Luxembourg?
The highest recorded value was 71,655 million USD in 2022.
What is the lowest gross domestic product — value us$, 2015 prices recorded in Luxembourg?
The lowest recorded value was 12,045 million USD in 1970.
How does Luxembourg rank for gross domestic product — value us$, 2015 prices?
Luxembourg ranks 76th out of 203 countries with data for 2024.
Is gross domestic product — value us$, 2015 prices rising or falling in Luxembourg?
Over the last ten years it is up 21.9%. The long-run trend across the full record is volatile.
Where does this Luxembourg data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, 2015 prices in Luxembourg. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 30 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-2015-prices/luxembourg/

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About this data

Indicator
Gross Domestic Product — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).