Gross value added at basic prices (GVA) in Luxembourg
Luxembourg: Gross value added at basic prices (GVA) was 91.60 billion current US$ in 2025. ◆ Volatile
Latest (2025)
91.60 billion current US$
Change on year
up 7.9%
World rank
75th
of 207 countries
All-time high
91.60 billion current US$
in 2025
All-time low
1.20 billion current US$
in 1970
Years of data
56
1970–2025
Gross value added at basic prices (GVA) in Luxembourg, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross value added at basic prices (gva) in Luxembourg stood at 91.60 billion current US$. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 7.9% on the previous year and up 66.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in Luxembourg peaked at 91.60 billion current US$ in 2025 and was at its lowest, 1.20 billion current US$, in 1970.
That places Luxembourg 75th out of 207 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Luxembourg, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 1.20 billion current US$ | — |
| 1971 | 1.24 billion current US$ | +3.5% |
| 1972 | 1.59 billion current US$ | +27.6% |
| 1973 | 2.15 billion current US$ | +35.2% |
| 1974 | 2.65 billion current US$ | +23.6% |
| 1975 | 2.73 billion current US$ | +2.7% |
| 1976 | 3.04 billion current US$ | +11.4% |
| 1977 | 3.42 billion current US$ | +12.8% |
| 1978 | 4.23 billion current US$ | +23.6% |
| 1979 | 4.82 billion current US$ | +13.9% |
| 1980 | 5.09 billion current US$ | +5.6% |
| 1981 | 4.39 billion current US$ | -13.8% |
| 1982 | 4.37 billion current US$ | -0.3% |
| 1983 | 4.43 billion current US$ | +1.3% |
| 1984 | 4.19 billion current US$ | -5.4% |
| 1985 | 4.31 billion current US$ | +2.9% |
| 1986 | 6.16 billion current US$ | +42.8% |
| 1987 | 7.55 billion current US$ | +22.6% |
| 1988 | 8.35 billion current US$ | +10.6% |
| 1989 | 8.52 billion current US$ | +2.1% |
| 1990 | 10.78 billion current US$ | +26.5% |
| 1991 | 11.66 billion current US$ | +8.1% |
| 1992 | 13.20 billion current US$ | +13.3% |
| 1993 | 12.87 billion current US$ | -2.5% |
| 1994 | 15.60 billion current US$ | +21.3% |
| 1995 | 18.78 billion current US$ | +20.3% |
| 1996 | 18.85 billion current US$ | +0.4% |
| 1997 | 17.58 billion current US$ | -6.7% |
| 1998 | 18.04 billion current US$ | +2.6% |
| 1999 | 19.58 billion current US$ | +8.6% |
| 2000 | 18.94 billion current US$ | -3.3% |
| 2001 | 19.19 billion current US$ | +1.3% |
| 2002 | 21.20 billion current US$ | +10.5% |
| 2003 | 26.55 billion current US$ | +25.2% |
| 2004 | 31.16 billion current US$ | +17.4% |
| 2005 | 33.46 billion current US$ | +7.4% |
| 2006 | 38.53 billion current US$ | +15.1% |
| 2007 | 46.13 billion current US$ | +19.7% |
| 2008 | 52.94 billion current US$ | +14.8% |
| 2009 | 48.98 billion current US$ | -7.5% |
| 2010 | 50.69 billion current US$ | +3.5% |
| 2011 | 55.40 billion current US$ | +9.3% |
| 2012 | 53.55 billion current US$ | -3.3% |
| 2013 | 58.46 billion current US$ | +9.2% |
| 2014 | 61.45 billion current US$ | +5.1% |
| 2015 | 54.96 billion current US$ | -10.6% |
| 2016 | 56.88 billion current US$ | +3.5% |
| 2017 | 59.89 billion current US$ | +5.3% |
| 2018 | 64.40 billion current US$ | +7.5% |
| 2019 | 63.24 billion current US$ | -1.8% |
| 2020 | 66.93 billion current US$ | +5.8% |
| 2021 | 78.39 billion current US$ | +17.1% |
| 2022 | 73.11 billion current US$ | -6.7% |
| 2023 | 81.05 billion current US$ | +10.9% |
| 2024 | 84.93 billion current US$ | +4.8% |
| 2025 | 91.60 billion current US$ | +7.9% |
Luxembourg compared with similar countries
- Luxembourg's 91.60 billion current US$ is below the median for high income countries, which is 110.20 billion current US$, 83% of the median. (77 countries reporting)
- Luxembourg's 91.60 billion current US$ is above the median for Europe & Central Asia, which is 89.25 billion current US$, 1.0× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.71 billion current US$ | 1.20 billion current US$ | 4.82 billion current US$ | 10 |
| 1980s | 5.74 billion current US$ | 4.19 billion current US$ | 8.52 billion current US$ | 10 |
| 1990s | 15.69 billion current US$ | 10.78 billion current US$ | 19.58 billion current US$ | 10 |
| 2000s | 33.71 billion current US$ | 18.94 billion current US$ | 52.94 billion current US$ | 10 |
| 2010s | 57.89 billion current US$ | 50.69 billion current US$ | 64.40 billion current US$ | 10 |
| 2020s | 79.34 billion current US$ | 66.93 billion current US$ | 91.60 billion current US$ | 6 |
Countries ranked near Luxembourg
- 72 Sri Lanka 96.24 billion current US$ compare
- 73 Costa Rica 95.15 billion current US$ compare
- 74 Cote d'Ivoire 91.65 billion current US$ compare
- 76 Panama 88.24 billion current US$ compare
- 77 Democratic Republic of Congo 87.48 billion current US$ compare
- 78 Croatia 86.90 billion current 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$), annual growth rate 9.54 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Luxembourg?
- Gross value added at basic prices (gva) in Luxembourg was 91.60 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Luxembourg?
- The highest recorded value was 91.60 billion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Luxembourg?
- The lowest recorded value was 1.20 billion current US$ in 1970.
- How does Luxembourg rank for gross value added at basic prices (gva)?
- Luxembourg ranks 75th out of 207 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 66.7%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.