Palma ratio after tax lis in Luxembourg
Luxembourg: Palma ratio after tax lis was 1.04 in 2023. ▲ Rising
Latest (2023)
1.04
Change on year
up 0.7%
World rank
35th
of 48 countries
All-time high
1.17
in 2018
All-time low
0.7754
in 1985
Years of data
39
1985–2023
Palma ratio after tax lis in Luxembourg, 1985–2023
Source: Our World in Data.
Analysis
The most recent figure for palma ratio after tax lis in Luxembourg is 1.04, measured in 2023.
The figure is up 0.7% on the previous year and up 5.4% over ten years.
Over the whole period, palma ratio after tax lis in Luxembourg peaked at 1.17 in 2018 and was at its lowest, 0.7754, in 1985.
Luxembourg ranks 35th of 48 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 39 years of available data.
Palma ratio after tax lis in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1985 | 0.7754 | — |
| 1986 | 0.84 | +8.3% |
| 1987 | 0.9326 | +11.0% |
| 1988 | 0.9115 | -2.3% |
| 1989 | 0.9841 | +8.0% |
| 1990 | 0.8466 | -14.0% |
| 1991 | 0.8068 | -4.7% |
| 1992 | 0.8271 | +2.5% |
| 1993 | 0.8005 | -3.2% |
| 1994 | 0.8682 | +8.5% |
| 1995 | 0.8624 | -0.7% |
| 1996 | 0.877 | +1.7% |
| 1997 | 0.8838 | +0.8% |
| 1998 | 0.927 | +4.9% |
| 1999 | 0.902 | -2.7% |
| 2000 | 0.8839 | -2.0% |
| 2001 | 0.9161 | +3.6% |
| 2002 | 0.9535 | +4.1% |
| 2003 | 0.9186 | -3.7% |
| 2004 | 0.9096 | -1.0% |
| 2005 | 0.9983 | +9.7% |
| 2006 | 0.9712 | -2.7% |
| 2007 | 0.976 | +0.5% |
| 2008 | 1.07 | +9.2% |
| 2009 | 0.9949 | -6.7% |
| 2010 | 0.9286 | -6.7% |
| 2011 | 0.9641 | +3.8% |
| 2012 | 1.08 | +11.8% |
| 2013 | 0.9823 | -8.8% |
| 2014 | 0.9855 | +0.3% |
| 2015 | 1.02 | +3.2% |
| 2016 | 1.02 | -0.1% |
| 2017 | 1.08 | +6.5% |
| 2018 | 1.17 | +8.0% |
| 2019 | 1.09 | -6.8% |
| 2020 | 0.9807 | -10.0% |
| 2021 | 1.02 | +4.1% |
| 2022 | 1.03 | +0.7% |
| 2023 | 1.04 | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.8888 | 0.7754 | 0.9841 | 5 |
| 1990s | 0.8601 | 0.8005 | 0.927 | 10 |
| 2000s | 0.9588 | 0.8839 | 1.07 | 10 |
| 2010s | 1.03 | 0.9286 | 1.17 | 10 |
| 2020s | 1.02 | 0.9807 | 1.04 | 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)
- Net primary income (Net income from abroad) (current LCU), annual -12.85 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 14.45 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0944 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 13,908 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 9.62 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0836 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 12,308 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0205 (1998)
Frequently asked questions
- What is palma ratio after tax lis in Luxembourg?
- Palma ratio after tax lis in Luxembourg was 1.04 in 2023, according to Our World in Data.
- What is the highest palma ratio after tax lis recorded in Luxembourg?
- The highest recorded value was 1.17 in 2018.
- What is the lowest palma ratio after tax lis recorded in Luxembourg?
- The lowest recorded value was 0.7754 in 1985.
- How does Luxembourg rank for palma ratio after tax lis?
- Luxembourg ranks 35th out of 48 countries with data for 2023.
- Is palma ratio after tax lis rising or falling in Luxembourg?
- Over the last ten years it is up 5.4%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Our World in Data, published as part of Palma ratio after tax lis. Statizoid updates them automatically from the source API.
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