Gross value added at basic prices (GVA) in Luxembourg
Luxembourg: Gross value added at basic prices (GVA) was 63.84 billion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Luxembourg, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Luxembourg is 63.84 billion constant 2015 US$, measured in 2025.
Compared with earlier readings it is up 0.6% on the previous year and up 16.2% over ten years.
Over the whole period, gross value added at basic prices (gva) in Luxembourg peaked at 64.49 billion constant 2015 US$ in 2021 and was at its lowest, 28.44 billion constant 2015 US$, in 1995.
That places Luxembourg 76th out of 194 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added at basic prices (GVA) in Luxembourg, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 28.44 billion constant 2015 US$ | — |
| 1996 | 28.74 billion constant 2015 US$ | +1.1% |
| 1997 | 30.09 billion constant 2015 US$ | +4.7% |
| 1998 | 32.07 billion constant 2015 US$ | +6.6% |
| 1999 | 34.58 billion constant 2015 US$ | +7.8% |
| 2000 | 36.70 billion constant 2015 US$ | +6.1% |
| 2001 | 38.04 billion constant 2015 US$ | +3.6% |
| 2002 | 39.21 billion constant 2015 US$ | +3.1% |
| 2003 | 40.20 billion constant 2015 US$ | +2.5% |
| 2004 | 41.68 billion constant 2015 US$ | +3.7% |
| 2005 | 42.58 billion constant 2015 US$ | +2.2% |
| 2006 | 45.48 billion constant 2015 US$ | +6.8% |
| 2007 | 49.18 billion constant 2015 US$ | +8.1% |
| 2008 | 48.96 billion constant 2015 US$ | -0.5% |
| 2009 | 47.34 billion constant 2015 US$ | -3.3% |
| 2010 | 49.07 billion constant 2015 US$ | +3.7% |
| 2011 | 49.25 billion constant 2015 US$ | +0.4% |
| 2012 | 49.93 billion constant 2015 US$ | +1.4% |
| 2013 | 51.48 billion constant 2015 US$ | +3.1% |
| 2014 | 52.53 billion constant 2015 US$ | +2.0% |
| 2015 | 54.96 billion constant 2015 US$ | +4.6% |
| 2016 | 57.75 billion constant 2015 US$ | +5.1% |
| 2017 | 58.28 billion constant 2015 US$ | +0.9% |
| 2018 | 59.00 billion constant 2015 US$ | +1.2% |
| 2019 | 60.67 billion constant 2015 US$ | +2.8% |
| 2020 | 60.13 billion constant 2015 US$ | -0.9% |
| 2021 | 64.49 billion constant 2015 US$ | +7.3% |
| 2022 | 63.53 billion constant 2015 US$ | -1.5% |
| 2023 | 63.44 billion constant 2015 US$ | -0.1% |
| 2024 | 63.48 billion constant 2015 US$ | +0.1% |
| 2025 | 63.84 billion constant 2015 US$ | +0.6% |
Luxembourg compared with similar countries
- Luxembourg's 63.84 billion constant 2015 US$ is below the median for high income countries, which is 96.66 billion constant 2015 US$, 66% of the median. (69 countries reporting)
- Luxembourg's 63.84 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 71.18 billion constant 2015 US$, 90% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.78 billion constant 2015 US$ | 28.44 billion constant 2015 US$ | 34.58 billion constant 2015 US$ | 5 |
| 2000s | 42.94 billion constant 2015 US$ | 36.70 billion constant 2015 US$ | 49.18 billion constant 2015 US$ | 10 |
| 2010s | 54.29 billion constant 2015 US$ | 49.07 billion constant 2015 US$ | 60.67 billion constant 2015 US$ | 10 |
| 2020s | 63.15 billion constant 2015 US$ | 60.13 billion constant 2015 US$ | 64.49 billion constant 2015 US$ | 6 |
Countries ranked near Luxembourg
- 73 Tanzania 72.64 billion constant 2015 US$ compare
- 74 Ukraine 71.18 billion constant 2015 US$ compare
- 75 Libya 66.56 billion constant 2015 US$ compare
- 77 Myanmar 61.87 billion constant 2015 US$ compare
- 78 Democratic Republic of Congo 59.73 billion constant 2015 US$ compare
- 79 Uruguay 59.28 billion constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 108.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 1.16 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 160,408 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -93.89 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -188.59 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.9282 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -136,679 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 9.54 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Luxembourg?
- Gross value added at basic prices (gva) in Luxembourg was 63.84 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Luxembourg?
- The highest recorded value was 64.49 billion constant 2015 US$ in 2021.
- What is the lowest gross value added at basic prices (gva) recorded in Luxembourg?
- The lowest recorded value was 28.44 billion constant 2015 US$ in 1995.
- How does Luxembourg rank for gross value added at basic prices (gva)?
- Luxembourg ranks 76th out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Luxembourg?
- Over the last ten years it is up 16.2%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.