Gross Fixed Capital Formation — Value Standard Local Currency in Luxembourg

Luxembourg: Gross Fixed Capital Formation — Value Standard Local Currency was 13,501 million SLC in 2024. ◆ Volatile

Latest (2024)
13,501 million SLC
Change on year
down 5.3%
World rank
165th
of 230 countries
All-time high
14,256 million SLC
in 2023
All-time low
372.94 million SLC
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value Standard Local Currency in Luxembourg, 1970–2024

05.0k10.0k15.0k197019972024

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

Analysis

The most recent figure for gross fixed capital formation — value standard local currency in Luxembourg is 13,501 million SLC, measured in 2024.

Compared with earlier readings it is down 5.3% on the previous year and up 37.6% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency in Luxembourg peaked at 14,256 million SLC in 2023 and was at its lowest, 372.94 million SLC, in 1970.

That places Luxembourg 165th out of 230 countries with data for 2024, putting it 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 — Value Standard Local Currency in Luxembourg, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency in Luxembourg, 1970 to 2024.
Year million SLC Change
1970 372.94 million SLC —
1971 466.76 million SLC +25.2%
1972 515.68 million SLC +10.5%
1973 615.31 million SLC +19.3%
1974 675.24 million SLC +9.7%
1975 706.45 million SLC +4.6%
1976 729.82 million SLC +3.3%
1977 754.75 million SLC +3.4%
1978 792.46 million SLC +5.0%
1979 874.32 million SLC +10.3%
1980 1,058 million SLC +21.0%
1981 1,058 million SLC -0.0%
1982 1,165 million SLC +10.1%
1983 1,089 million SLC -6.5%
1984 1,140 million SLC +4.7%
1985 1,065 million SLC -6.6%
1986 1,486 million SLC +39.5%
1987 1,782 million SLC +20.0%
1988 1,993 million SLC +11.9%
1989 2,225 million SLC +11.6%
1990 2,435 million SLC +9.4%
1991 2,901 million SLC +19.1%
1992 2,595 million SLC -10.6%
1993 3,177 million SLC +22.5%
1994 3,225 million SLC +1.5%
1995 3,147 million SLC -2.4%
1996 3,135 million SLC -0.4%
1997 3,568 million SLC +13.8%
1998 3,859 million SLC +8.1%
1999 4,790 million SLC +24.1%
2000 4,983 million SLC +4.0%
2001 5,105 million SLC +2.4%
2002 5,090 million SLC -0.3%
2003 5,587 million SLC +9.8%
2004 5,890 million SLC +5.4%
2005 6,326 million SLC +7.4%
2006 6,238 million SLC -1.4%
2007 7,004 million SLC +12.3%
2008 7,947 million SLC +13.5%
2009 6,552 million SLC -17.6%
2010 6,912 million SLC +5.5%
2011 8,536 million SLC +23.5%
2012 8,684 million SLC +1.7%
2013 8,978 million SLC +3.4%
2014 9,809 million SLC +9.3%
2015 9,527 million SLC -2.9%
2016 9,733 million SLC +2.2%
2017 10,072 million SLC +3.5%
2018 9,716 million SLC -3.5%
2019 11,280 million SLC +16.1%
2020 10,813 million SLC -4.1%
2021 13,174 million SLC +21.8%
2022 13,550 million SLC +2.9%
2023 14,256 million SLC +5.2%
2024 13,501 million SLC -5.3%

Luxembourg compared with similar countries

  • Luxembourg's 13,501 million SLC is below the median for high income countries, which is 36,467 million SLC, 37% of the median. (73 countries reporting)
  • Luxembourg's 13,501 million SLC is below the median for Europe & Central Asia, which is 116,713 million SLC, 12% of the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 650.37 million SLC 372.94 million SLC 874.32 million SLC 10
1980s 1,406 million SLC 1,058 million SLC 2,225 million SLC 10
1990s 3,283 million SLC 2,435 million SLC 4,790 million SLC 10
2000s 6,072 million SLC 4,983 million SLC 7,947 million SLC 10
2010s 9,325 million SLC 6,912 million SLC 11,280 million SLC 10
2020s 13,059 million SLC 10,813 million SLC 14,256 million SLC 5

Countries ranked near Luxembourg

  1. 162 Lithuania 17,718 million SLC compare
  2. 163 Cuba 15,390 million SLC compare
  3. 164 Eswatini 14,107 million SLC compare
  4. 166 Slovenia 13,435 million SLC compare
  5. 167 Zimbabwe 13,190 million SLC compare
  6. 168 Bosnia and Herzegovina 11,885 million SLC compare

See the full ranking of 231 places →

More economy & growth data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is gross fixed capital formation — value standard local currency in Luxembourg?
Gross fixed capital formation — value standard local currency in Luxembourg was 13,501 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value standard local currency recorded in Luxembourg?
The highest recorded value was 14,256 million SLC in 2023.
What is the lowest gross fixed capital formation — value standard local currency recorded in Luxembourg?
The lowest recorded value was 372.94 million SLC in 1970.
How does Luxembourg rank for gross fixed capital formation — value standard local currency?
Luxembourg ranks 165th out of 230 countries with data for 2024.
Is gross fixed capital formation — value standard local currency rising or falling in Luxembourg?
Over the last ten years it is up 37.6%. 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 Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency in Luxembourg. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 06 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency/luxembourg/

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About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
231 places, 11,667 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).