Inflation, consumer prices in Luxembourg
Luxembourg: Inflation, consumer prices was 2.05 in 2024. ◆ Volatile
Latest (2024)
2.05
Change on year
down 45.2%
World rank
47th
of 70 countries
All-time high
10.72
in 1975
All-time low
-0.0567
in 1987
Years of data
65
1960–2024
Inflation, consumer prices in Luxembourg, 1960–2024
Source: UNICEF.
Analysis
The most recent figure for inflation, consumer prices in Luxembourg is 2.05, measured in 2024.
The figure is down 45.2% on the previous year and up 226.3% over ten years.
Over the whole period, inflation, consumer prices in Luxembourg peaked at 10.72 in 1975 and was at its lowest, -0.0567, in 1987.
Luxembourg ranks 47th of 70 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.4496 | — |
| 1961 | 0.4824 | +7.3% |
| 1962 | 0.8959 | +85.7% |
| 1963 | 2.88 | +221.0% |
| 1964 | 3.1 | +7.7% |
| 1965 | 3.33 | +7.7% |
| 1966 | 3.33 | -0.1% |
| 1967 | 2.17 | -35.0% |
| 1968 | 2.63 | +21.2% |
| 1969 | 2.29 | -12.6% |
| 1970 | 4.64 | +102.2% |
| 1971 | 4.67 | +0.7% |
| 1972 | 5.23 | +11.8% |
| 1973 | 6.07 | +16.1% |
| 1974 | 9.54 | +57.2% |
| 1975 | 10.72 | +12.3% |
| 1976 | 9.8 | -8.6% |
| 1977 | 6.71 | -31.6% |
| 1978 | 3.09 | -53.8% |
| 1979 | 4.55 | +46.9% |
| 1980 | 6.3 | +38.6% |
| 1981 | 8.07 | +28.1% |
| 1982 | 9.36 | +15.9% |
| 1983 | 8.67 | -7.4% |
| 1984 | 6.44 | -25.8% |
| 1985 | 4.09 | -36.4% |
| 1986 | 0.2946 | -92.8% |
| 1987 | -0.0567 | -119.2% |
| 1988 | 1.44 | -2635.3% |
| 1989 | 3.37 | +134.7% |
| 1990 | 3.25 | -3.5% |
| 1991 | 3.12 | -4.2% |
| 1992 | 3.15 | +1.1% |
| 1993 | 3.59 | +13.8% |
| 1994 | 2.19 | -38.8% |
| 1995 | 1.87 | -14.9% |
| 1996 | 1.18 | -36.6% |
| 1997 | 1.37 | +15.5% |
| 1998 | 0.9586 | -29.9% |
| 1999 | 1.03 | +7.0% |
| 2000 | 3.15 | +207.3% |
| 2001 | 2.66 | -15.5% |
| 2002 | 2.07 | -22.1% |
| 2003 | 2.05 | -1.2% |
| 2004 | 2.23 | +8.6% |
| 2005 | 2.49 | +11.8% |
| 2006 | 2.67 | +7.2% |
| 2007 | 2.31 | -13.3% |
| 2008 | 3.4 | +47.1% |
| 2009 | 0.368 | -89.2% |
| 2010 | 2.27 | +517.8% |
| 2011 | 3.41 | +50.0% |
| 2012 | 2.66 | -21.9% |
| 2013 | 1.73 | -34.9% |
| 2014 | 0.6285 | -63.8% |
| 2015 | 0.4747 | -24.5% |
| 2016 | 0.2908 | -38.7% |
| 2017 | 1.73 | +495.1% |
| 2018 | 1.53 | -11.7% |
| 2019 | 1.74 | +14.1% |
| 2020 | 0.82 | -53.0% |
| 2021 | 2.53 | +208.2% |
| 2022 | 6.34 | +150.7% |
| 2023 | 3.74 | -41.0% |
| 2024 | 2.05 | -45.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.16 | 0.4496 | 3.33 | 10 |
| 1970s | 6.5 | 3.09 | 10.72 | 10 |
| 1980s | 4.8 | -0.0567 | 9.36 | 10 |
| 1990s | 2.17 | 0.9586 | 3.59 | 10 |
| 2000s | 2.34 | 0.368 | 3.4 | 10 |
| 2010s | 1.65 | 0.2908 | 3.41 | 10 |
| 2020s | 3.1 | 0.82 | 6.34 | 5 |
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)
- 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 inflation, consumer prices in Luxembourg?
- Inflation, consumer prices in Luxembourg was 2.05 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in Luxembourg?
- The highest recorded value was 10.72 in 1975.
- What is the lowest inflation, consumer prices recorded in Luxembourg?
- The lowest recorded value was -0.0567 in 1987.
- How does Luxembourg rank for inflation, consumer prices?
- Luxembourg ranks 47th out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Luxembourg?
- Over the last ten years it is up 226.3%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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