Productivity vs annual hours worked in Luxembourg
Luxembourg: Productivity vs annual hours worked was 1,452 in 2023. ▼ Falling
Latest (2023)
1,452
Change on year
down 0.5%
World rank
121st
of 129 countries
All-time high
1,751
in 1970
All-time low
1,408
in 2020
Years of data
54
1970–2023
Productivity vs annual hours worked in Luxembourg, 1970–2023
Source: Our World in Data.
Analysis
Luxembourg recorded 1,452 for productivity vs annual hours worked in 2023.
The figure is down 0.5% on the previous year and down 3.6% over ten years.
Over the whole period, productivity vs annual hours worked in Luxembourg peaked at 1,751 in 1970 and was at its lowest, 1,408, in 2020.
Luxembourg ranks 121st of 129 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Productivity vs annual hours worked in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 1,751 | — |
| 1971 | 1,726 | -1.4% |
| 1972 | 1,708 | -1.1% |
| 1973 | 1,702 | -0.3% |
| 1974 | 1,688 | -0.8% |
| 1975 | 1,692 | +0.3% |
| 1976 | 1,685 | -0.4% |
| 1977 | 1,682 | -0.2% |
| 1978 | 1,703 | +1.2% |
| 1979 | 1,691 | -0.7% |
| 1980 | 1,691 | +0.0% |
| 1981 | 1,673 | -1.1% |
| 1982 | 1,652 | -1.3% |
| 1983 | 1,658 | +0.4% |
| 1984 | 1,644 | -0.8% |
| 1985 | 1,658 | +0.8% |
| 1986 | 1,650 | -0.5% |
| 1987 | 1,648 | -0.1% |
| 1988 | 1,668 | +1.2% |
| 1989 | 1,657 | -0.7% |
| 1990 | 1,657 | +0.0% |
| 1991 | 1,640 | -1.1% |
| 1992 | 1,619 | -1.3% |
| 1993 | 1,625 | +0.4% |
| 1994 | 1,604 | -1.3% |
| 1995 | 1,615 | +0.7% |
| 1996 | 1,593 | -1.4% |
| 1997 | 1,600 | +0.5% |
| 1998 | 1,599 | -0.1% |
| 1999 | 1,598 | -0.0% |
| 2000 | 1,605 | +0.4% |
| 2001 | 1,593 | -0.8% |
| 2002 | 1,588 | -0.3% |
| 2003 | 1,586 | -0.1% |
| 2004 | 1,586 | +0.0% |
| 2005 | 1,567 | -1.2% |
| 2006 | 1,567 | +0.0% |
| 2007 | 1,581 | +0.9% |
| 2008 | 1,581 | +0.0% |
| 2009 | 1,518 | -4.0% |
| 2010 | 1,521 | +0.2% |
| 2011 | 1,520 | -0.1% |
| 2012 | 1,514 | -0.4% |
| 2013 | 1,506 | -0.5% |
| 2014 | 1,512 | +0.4% |
| 2015 | 1,519 | +0.5% |
| 2016 | 1,518 | -0.1% |
| 2017 | 1,508 | -0.7% |
| 2018 | 1,499 | -0.6% |
| 2019 | 1,493 | -0.4% |
| 2020 | 1,408 | -5.7% |
| 2021 | 1,467 | +4.2% |
| 2022 | 1,459 | -0.6% |
| 2023 | 1,452 | -0.5% |
Luxembourg compared with similar countries
- Luxembourg's 1,452 is below the median for high income countries, which is 1,685, 86% of the median. (50 countries reporting)
- Luxembourg's 1,452 is below the median for Europe & Central Asia, which is 1,741, 83% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,703 | 1,682 | 1,751 | 10 |
| 1980s | 1,660 | 1,644 | 1,691 | 10 |
| 1990s | 1,615 | 1,593 | 1,657 | 10 |
| 2000s | 1,577 | 1,518 | 1,605 | 10 |
| 2010s | 1,511 | 1,493 | 1,521 | 10 |
| 2020s | 1,447 | 1,408 | 1,467 | 4 |
Countries ranked near Luxembourg
More economy & growth data for Luxembourg
- Real gdp growth, annual growth rate 262.63 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.14 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 3,041 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1234 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0151 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 2,220 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.62 % change on previous year (2025)
Frequently asked questions
- What is productivity vs annual hours worked in Luxembourg?
- Productivity vs annual hours worked in Luxembourg was 1,452 in 2023, according to Our World in Data.
- What is the highest productivity vs annual hours worked recorded in Luxembourg?
- The highest recorded value was 1,751 in 1970.
- What is the lowest productivity vs annual hours worked recorded in Luxembourg?
- The lowest recorded value was 1,408 in 2020.
- How does Luxembourg rank for productivity vs annual hours worked?
- Luxembourg ranks 121st out of 129 countries with data for 2023.
- Is productivity vs annual hours worked rising or falling in Luxembourg?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is falling.
- Where does this Luxembourg data come from?
- The figures come from Our World in Data, published as part of Productivity vs annual hours worked. Statizoid updates them automatically from the source API.
Download this data
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