Purchasing power parities, price level indices, nominal and real in Luxembourg
Luxembourg: Purchasing power parities, price level indices, nominal and real was 1.32 in 2024. ▲ Rising
Latest (2024)
1.32
Change on year
up 0.3%
World rank
18th
of 49 countries
All-time high
1.32
in 2024
All-time low
1.15
in 1999
Years of data
30
1995–2024
Purchasing power parities, price level indices, nominal and real in Luxembourg, 1995–2024
Source: Eurostat.
Analysis
Luxembourg recorded 1.32 for purchasing power parities, price level indices, nominal and real in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 0.3% on the previous year and up 7.0% over ten years.
Over the whole period, purchasing power parities, price level indices, nominal and real in Luxembourg peaked at 1.32 in 2024 and was at its lowest, 1.15, in 1999.
Luxembourg ranks 18th of 49 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Purchasing power parities, price level indices, nominal and real in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 1.16 | — |
| 1996 | 1.15 | -1.0% |
| 1997 | 1.16 | +1.2% |
| 1998 | 1.16 | -0.4% |
| 1999 | 1.15 | -1.1% |
| 2000 | 1.15 | +0.4% |
| 2001 | 1.16 | +1.2% |
| 2002 | 1.17 | +0.3% |
| 2003 | 1.17 | +0.6% |
| 2004 | 1.16 | -0.9% |
| 2005 | 1.16 | -0.8% |
| 2006 | 1.15 | -0.2% |
| 2007 | 1.17 | +1.2% |
| 2008 | 1.16 | -0.6% |
| 2009 | 1.2 | +3.1% |
| 2010 | 1.22 | +2.3% |
| 2011 | 1.21 | -0.7% |
| 2012 | 1.23 | +1.1% |
| 2013 | 1.24 | +1.0% |
| 2014 | 1.23 | -0.5% |
| 2015 | 1.23 | -0.6% |
| 2016 | 1.23 | +0.1% |
| 2017 | 1.24 | +0.7% |
| 2018 | 1.25 | +1.4% |
| 2019 | 1.28 | +1.9% |
| 2020 | 1.31 | +2.9% |
| 2021 | 1.31 | -0.3% |
| 2022 | 1.31 | -0.1% |
| 2023 | 1.32 | +0.6% |
| 2024 | 1.32 | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.16 | 1.15 | 1.16 | 5 |
| 2000s | 1.17 | 1.15 | 1.2 | 10 |
| 2010s | 1.24 | 1.21 | 1.28 | 10 |
| 2020s | 1.31 | 1.31 | 1.32 | 5 |
Countries ranked near Luxembourg
- 15 United States of America 1.57 compare
- 15 United States 1.57 compare
- 17 Switzerland 1.52 compare
- 19 Finland 1.2 compare
- 20 Bulgaria 1.2 compare
- 21 Ireland 1.18 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)
- Manufacturing, value added (constant LCU), per capita 5,390 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -0.3544 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.0888 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 13,070 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -4.55 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.0785 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 11,567 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -4.81 % change on previous year (2025)
Frequently asked questions
- What is purchasing power parities, price level indices, nominal and real in Luxembourg?
- Purchasing power parities, price level indices, nominal and real in Luxembourg was 1.32 in 2024, according to Eurostat.
- What is the highest purchasing power parities, price level indices, nominal and real recorded in Luxembourg?
- The highest recorded value was 1.32 in 2024.
- What is the lowest purchasing power parities, price level indices, nominal and real recorded in Luxembourg?
- The lowest recorded value was 1.15 in 1999.
- How does Luxembourg rank for purchasing power parities, price level indices, nominal and real?
- Luxembourg ranks 18th out of 49 countries with data for 2024.
- Is purchasing power parities, price level indices, nominal and real rising or falling in Luxembourg?
- Over the last ten years it is up 7.0%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Eurostat, published as part of Purchasing power parities, price level indices, nominal and real expenditures by analytical categories - based on COICOP 1999. Statizoid updates them automatically from the source API.
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