Gross National Income — Value Standard Local Currency in Luxembourg
Luxembourg: Gross National Income — Value Standard Local Currency was 51,618 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Luxembourg, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Luxembourg recorded 51,618 million SLC for gross national income — value standard local currency in 2023.
That represents a change of down 1.3% on the previous year and up 46.5% over ten years.
Over the whole period, gross national income — value standard local currency in Luxembourg peaked at 52,282 million SLC in 2022 and was at its lowest, 1,363 million SLC, in 1970.
That places Luxembourg 147th out of 202 countries with data for 2023, 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 National Income — Value Standard Local Currency in Luxembourg, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,363 million SLC | — |
| 1971 | 1,394 million SLC | +2.3% |
| 1972 | 1,594 million SLC | +14.4% |
| 1973 | 1,921 million SLC | +20.5% |
| 1974 | 2,376 million SLC | +23.7% |
| 1975 | 2,359 million SLC | -0.7% |
| 1976 | 2,786 million SLC | +18.1% |
| 1977 | 2,919 million SLC | +4.8% |
| 1978 | 3,194 million SLC | +9.4% |
| 1979 | 3,476 million SLC | +8.9% |
| 1980 | 3,850 million SLC | +10.7% |
| 1981 | 4,265 million SLC | +10.8% |
| 1982 | 5,237 million SLC | +22.8% |
| 1983 | 5,905 million SLC | +12.8% |
| 1984 | 6,468 million SLC | +9.5% |
| 1985 | 6,906 million SLC | +6.8% |
| 1986 | 7,402 million SLC | +7.2% |
| 1987 | 7,787 million SLC | +5.2% |
| 1988 | 8,515 million SLC | +9.4% |
| 1989 | 9,626 million SLC | +13.0% |
| 1990 | 10,556 million SLC | +9.7% |
| 1991 | 11,765 million SLC | +11.4% |
| 1992 | 12,360 million SLC | +5.1% |
| 1993 | 13,391 million SLC | +8.3% |
| 1994 | 13,868 million SLC | +3.6% |
| 1995 | 14,843 million SLC | +7.0% |
| 1996 | 15,599 million SLC | +5.1% |
| 1997 | 16,764 million SLC | +7.5% |
| 1998 | 16,994 million SLC | +1.4% |
| 1999 | 18,954 million SLC | +11.5% |
| 2000 | 20,336 million SLC | +7.3% |
| 2001 | 21,269 million SLC | +4.6% |
| 2002 | 21,099 million SLC | -0.8% |
| 2003 | 21,235 million SLC | +0.6% |
| 2004 | 25,437 million SLC | +19.8% |
| 2005 | 27,578 million SLC | +8.4% |
| 2006 | 27,366 million SLC | -0.8% |
| 2007 | 32,003 million SLC | +16.9% |
| 2008 | 31,317 million SLC | -2.1% |
| 2009 | 24,904 million SLC | -20.5% |
| 2010 | 28,817 million SLC | +15.7% |
| 2011 | 30,725 million SLC | +6.6% |
| 2012 | 35,738 million SLC | +16.3% |
| 2013 | 35,222 million SLC | -1.4% |
| 2014 | 37,621 million SLC | +6.8% |
| 2015 | 34,842 million SLC | -7.4% |
| 2016 | 37,244 million SLC | +6.9% |
| 2017 | 41,632 million SLC | +11.8% |
| 2018 | 42,975 million SLC | +3.2% |
| 2019 | 42,768 million SLC | -0.5% |
| 2020 | 45,337 million SLC | +6.0% |
| 2021 | 49,572 million SLC | +9.3% |
| 2022 | 52,282 million SLC | +5.5% |
| 2023 | 51,618 million SLC | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,338 million SLC | 1,363 million SLC | 3,476 million SLC | 10 |
| 1980s | 6,596 million SLC | 3,850 million SLC | 9,626 million SLC | 10 |
| 1990s | 14,509 million SLC | 10,556 million SLC | 18,954 million SLC | 10 |
| 2000s | 25,254 million SLC | 20,336 million SLC | 32,003 million SLC | 10 |
| 2010s | 36,759 million SLC | 28,817 million SLC | 42,975 million SLC | 10 |
| 2020s | 49,702 million SLC | 45,337 million SLC | 52,282 million SLC | 4 |
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)
- Industry (including construction), value added (constant 2015 US$) -4.81 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0663 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 9,757 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -4.81 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.0655 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 9,643 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 8.8 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.8145 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Luxembourg?
- Gross national income — value standard local currency in Luxembourg was 51,618 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Luxembourg?
- The highest recorded value was 52,282 million SLC in 2022.
- What is the lowest gross national income — value standard local currency recorded in Luxembourg?
- The lowest recorded value was 1,363 million SLC in 1970.
- How does Luxembourg rank for gross national income — value standard local currency?
- Luxembourg ranks 147th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Luxembourg?
- Over the last ten years it is up 46.5%. 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 National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
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).