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.
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
- External balance on goods and services as a percent of gdp 31.16 (2025)
- Inflation of consumer prices 2.26 (2025)
- Gdp per capita worldbank constant usd 103,292 (2025)
- Manufacturing value added to gdp 3.72 (2025)
- Gdp worldbank constant usd 70.96 billion (2025)
- Gdp per capita in international and market dollars 103,292 (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -587.70 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -636.12 million current US$ (2024)
- Taxes less subsidies on products 8.46 billion current LCU (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
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).