Gross National Income — Value US$ in Luxembourg
Luxembourg: Gross National Income — Value US$ was 55,813 million USD in 2023. ◆ Volatile
Gross National Income — Value US$ in Luxembourg, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, gross national income — value us$ in Luxembourg stood at 55,813 million USD.
That represents a change of up 1.4% on the previous year and up 19.3% over ten years.
Over the whole period, gross national income — value us$ in Luxembourg peaked at 58,630 million USD in 2021 and was at its lowest, 1,099 million USD, in 1970.
That places Luxembourg 86th out of 203 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 US$ in Luxembourg, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,099 million USD | — |
| 1971 | 1,146 million USD | +4.3% |
| 1972 | 1,461 million USD | +27.5% |
| 1973 | 1,988 million USD | +36.1% |
| 1974 | 2,461 million USD | +23.8% |
| 1975 | 2,587 million USD | +5.1% |
| 1976 | 2,911 million USD | +12.5% |
| 1977 | 3,285 million USD | +12.8% |
| 1978 | 4,091 million USD | +24.5% |
| 1979 | 4,783 million USD | +16.9% |
| 1980 | 5,311 million USD | +11.0% |
| 1981 | 4,633 million USD | -12.8% |
| 1982 | 4,624 million USD | -0.2% |
| 1983 | 4,659 million USD | +0.8% |
| 1984 | 4,515 million USD | -3.1% |
| 1985 | 4,692 million USD | +3.9% |
| 1986 | 6,684 million USD | +42.5% |
| 1987 | 8,414 million USD | +25.9% |
| 1988 | 9,342 million USD | +11.0% |
| 1989 | 9,855 million USD | +5.5% |
| 1990 | 12,743 million USD | +29.3% |
| 1991 | 13,898 million USD | +9.1% |
| 1992 | 15,509 million USD | +11.6% |
| 1993 | 15,614 million USD | +0.7% |
| 1994 | 16,721 million USD | +7.1% |
| 1995 | 20,311 million USD | +21.5% |
| 1996 | 20,324 million USD | +0.1% |
| 1997 | 18,904 million USD | -7.0% |
| 1998 | 18,886 million USD | -0.1% |
| 1999 | 20,201 million USD | +7.0% |
| 2000 | 18,782 million USD | -7.0% |
| 2001 | 19,050 million USD | +1.4% |
| 2002 | 19,950 million USD | +4.7% |
| 2003 | 24,020 million USD | +20.4% |
| 2004 | 31,642 million USD | +31.7% |
| 2005 | 34,310 million USD | +8.4% |
| 2006 | 34,360 million USD | +0.1% |
| 2007 | 43,859 million USD | +27.6% |
| 2008 | 46,059 million USD | +5.0% |
| 2009 | 34,736 million USD | -24.6% |
| 2010 | 38,203 million USD | +10.0% |
| 2011 | 42,768 million USD | +11.9% |
| 2012 | 45,916 million USD | +7.4% |
| 2013 | 46,780 million USD | +1.9% |
| 2014 | 49,980 million USD | +6.8% |
| 2015 | 38,658 million USD | -22.7% |
| 2016 | 41,226 million USD | +6.6% |
| 2017 | 47,031 million USD | +14.1% |
| 2018 | 50,751 million USD | +7.9% |
| 2019 | 47,877 million USD | -5.7% |
| 2020 | 51,784 million USD | +8.2% |
| 2021 | 58,630 million USD | +13.2% |
| 2022 | 55,055 million USD | -6.1% |
| 2023 | 55,813 million USD | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,581 million USD | 1,099 million USD | 4,783 million USD | 10 |
| 1980s | 6,273 million USD | 4,515 million USD | 9,855 million USD | 10 |
| 1990s | 17,311 million USD | 12,743 million USD | 20,324 million USD | 10 |
| 2000s | 30,677 million USD | 18,782 million USD | 46,059 million USD | 10 |
| 2010s | 44,919 million USD | 38,203 million USD | 50,751 million USD | 10 |
| 2020s | 55,321 million USD | 51,784 million USD | 58,630 million USD | 4 |
Countries ranked near Luxembourg
- 83 Turkmenistan 59,382 million USD compare
- 84 Czechoslovakia 58,630 million USD compare
- 85 Sudan (former) 57,188 million USD compare
- 87 China, Macao SAR 53,540 million USD compare
- 88 Jordan 50,559 million USD compare
- 89 Uganda 50,015 million USD 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)
- Gross domestic savings (current US$), annual growth rate 6.21 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.4666 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 68,707 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 1.74 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.4129 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 60,804 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 14.74 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.65 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national income — value us$ in Luxembourg?
- Gross national income — value us$ in Luxembourg was 55,813 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value us$ recorded in Luxembourg?
- The highest recorded value was 58,630 million USD in 2021.
- What is the lowest gross national income — value us$ recorded in Luxembourg?
- The lowest recorded value was 1,099 million USD in 1970.
- How does Luxembourg rank for gross national income — value us$?
- Luxembourg ranks 86th out of 203 countries with data for 2023.
- Is gross national income — value us$ rising or falling in Luxembourg?
- Over the last ten years it is up 19.3%. 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 US$. Statizoid updates them automatically from the source API.
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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).