Gross Fixed Capital Formation Deflator — Value Standard Local in Luxembourg

Luxembourg: Gross Fixed Capital Formation Deflator — Value Standard Local was 2.1 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.1 % change on previous year
Change on year
down 66.4%
World rank
129th
of 208 countries
All-time high
17.97 % change on previous year
in 1974
All-time low
-5.39 % change on previous year
in 2006
Years of data
54
1971–2024

Gross Fixed Capital Formation Deflator — Value Standard Local in Luxembourg, 1971–2024

-505101520197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross fixed capital formation deflator — value standard local in Luxembourg stood at 2.1 % change on previous year.

The figure is down 66.4% on the previous year and up 210.0% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in Luxembourg peaked at 17.97 % change on previous year in 1974 and was at its lowest, -5.39 % change on previous year, in 2006.

Luxembourg ranks 129th of 208 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 Fixed Capital Formation Deflator — Value Standard Local in Luxembourg, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Luxembourg, 1971 to 2024.
Year % change on previous year Change
1971 13.11 % change on previous year
1972 3.24 % change on previous year -75.3%
1973 6.7 % change on previous year +107.1%
1974 17.97 % change on previous year +168.2%
1975 13.02 % change on previous year -27.5%
1976 7.86 % change on previous year -39.6%
1977 3.5 % change on previous year -55.5%
1978 3.89 % change on previous year +11.3%
1979 6.32 % change on previous year +62.4%
1980 7.38 % change on previous year +16.7%
1981 7.96 % change on previous year +7.9%
1982 10.66 % change on previous year +33.9%
1983 5.97 % change on previous year -44.0%
1984 4.52 % change on previous year -24.3%
1985 3.23 % change on previous year -28.5%
1986 1.73 % change on previous year -46.6%
1987 1.88 % change on previous year +8.6%
1988 0.3575 % change on previous year -80.9%
1989 4.43 % change on previous year +1138.2%
1990 5.85 % change on previous year +32.2%
1991 2.91 % change on previous year -50.3%
1992 5.33 % change on previous year +83.0%
1993 1.55 % change on previous year -70.9%
1994 1.44 % change on previous year -6.9%
1995 -0.9037 % change on previous year -162.6%
1996 1.87 % change on previous year -306.8%
1997 3.41 % change on previous year +82.3%
1998 1.93 % change on previous year -43.2%
1999 1.95 % change on previous year +0.7%
2000 7.43 % change on previous year +281.2%
2001 -4.01 % change on previous year -154.0%
2002 -0.7039 % change on previous year -82.4%
2003 7.5 % change on previous year -1165.1%
2004 -0.8753 % change on previous year -111.7%
2005 12.67 % change on previous year -1546.9%
2006 -5.39 % change on previous year -142.5%
2007 0.0296 % change on previous year -100.5%
2008 2.23 % change on previous year +7429.6%
2009 -4.34 % change on previous year -294.6%
2010 4.88 % change on previous year -212.5%
2011 5.14 % change on previous year +5.2%
2012 -0.0008 % change on previous year -100.0%
2013 2.63 % change on previous year -343287.9%
2014 0.6787 % change on previous year -74.2%
2015 5.81 % change on previous year +756.5%
2016 -0.5884 % change on previous year -110.1%
2017 -1.76 % change on previous year +199.2%
2018 4.02 % change on previous year -328.2%
2019 2.29 % change on previous year -43.0%
2020 2.71 % change on previous year +18.3%
2021 4.19 % change on previous year +54.5%
2022 11.49 % change on previous year +174.5%
2023 6.26 % change on previous year -45.6%
2024 2.1 % change on previous year -66.4%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation Deflator — Value Standard Local in Luxembourg changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2013 +343287.9% -0.0008 % change on previous year 2.63 % change on previous year
2008 +7429.6% 0.0296 % change on previous year 2.23 % change on previous year
2005 +1546.9% -0.8753 % change on previous year 12.67 % change on previous year
2003 +1165.1% -0.7039 % change on previous year 7.5 % change on previous year
1989 +1138.2% 0.3575 % change on previous year 4.43 % change on previous year
2015 +756.5% 0.6787 % change on previous year 5.81 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.4 % change on previous year 3.24 % change on previous year 17.97 % change on previous year 9
1980s 4.81 % change on previous year 0.3575 % change on previous year 10.66 % change on previous year 10
1990s 2.53 % change on previous year -0.9037 % change on previous year 5.85 % change on previous year 10
2000s 1.45 % change on previous year -5.39 % change on previous year 12.67 % change on previous year 10
2010s 2.31 % change on previous year -1.76 % change on previous year 5.81 % change on previous year 10
2020s 5.35 % change on previous year 2.1 % change on previous year 11.49 % change on previous year 5

Countries ranked near Luxembourg

  1. 126 Spain 2.24 % change on previous year compare
  2. 127 Lithuania 2.23 % change on previous year compare
  3. 128 Guinea 2.15 % change on previous year compare
  4. 130 Portugal 2.09 % change on previous year compare
  5. 131 Lesotho 2.03 % change on previous year compare
  6. 132 Philippines 2.03 % change on previous year compare

See the full ranking of 209 places →

More economy & growth data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in Luxembourg?
Gross fixed capital formation deflator — value standard local in Luxembourg was 2.1 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation deflator — value standard local recorded in Luxembourg?
The highest recorded value was 17.97 % change on previous year in 1974.
What is the lowest gross fixed capital formation deflator — value standard local recorded in Luxembourg?
The lowest recorded value was -5.39 % change on previous year in 2006.
How does Luxembourg rank for gross fixed capital formation deflator — value standard local?
Luxembourg ranks 129th out of 208 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in Luxembourg?
Over the last ten years it is up 210.0%. 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 Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator — Value Standard Local in Luxembourg. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/luxembourg/

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<a href="https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/luxembourg/">Gross Fixed Capital Formation Deflator — Value Standard Local in Luxembourg</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
209 places, 10,510 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.