Real gdp growth, annual growth rate in Luxembourg

Luxembourg: Real gdp growth, annual growth rate was 262.63 % change on previous year in 2024. ◆ Volatile

Latest (2024)
262.63 % change on previous year
Change on year
up 140.9%
World rank
16th
of 196 countries
All-time high
291.88 % change on previous year
in 1997
All-time low
-972.52 % change on previous year
in 2009
Years of data
43
1981–2024

Real gdp growth, annual growth rate in Luxembourg, 1981–2024

-1.0k-50005001981200220241981: -74.8 % change on previous year1982: 30.2 % change on previous year1983: 81.6 % change on previous year1984: 150.7 % change on previous year1985: 18.3 % change on previous year1986: 78.4 % change on previous year1987: -60.4 % change on previous year1988: 114.2 % change on previous year1989: 15.8 % change on previous year1990: -45.7 % change on previous year1991: 62.5 % change on previous year1992: -79 % change on previous year1993: 131 % change on previous year1994: -9 % change on previous year1995: -62.5 % change on previous year1996: 5.8 % change on previous year1997: 291.9 % change on previous year1998: 9.3 % change on previous year1999: 29.7 % change on previous year2000: 0.249 % change on previous year2001: -63.6 % change on previous year2002: 4.9 % change on previous year2003: -18.8 % change on previous year2004: 61.6 % change on previous year2005: -41.3 % change on previous year2006: 142.4 % change on previous year2007: 34.6 % change on previous year2008: -103.7 % change on previous year2009: -972.5 % change on previous year2010: 216.1 % change on previous year2011: -72.2 % change on previous year2012: 57.8 % change on previous year2013: 92.4 % change on previous year2014: -17.3 % change on previous year2015: -13.5 % change on previous year2016: 119.5 % change on previous year2017: -73.5 % change on previous year2018: 22.3 % change on previous year2019: 70.6 % change on previous year2020: -118.6 % change on previous year2022: -115.8 % change on previous year2023: 109 % change on previous year2024: 262.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for real gdp growth, annual growth rate in Luxembourg is 262.63 % change on previous year, measured in 2024.

Compared with earlier readings it is up 140.9% on the previous year and up 1,617.4% over ten years.

Over the whole period, real gdp growth, annual growth rate in Luxembourg peaked at 291.88 % change on previous year in 1997 and was at its lowest, -972.52 % change on previous year, in 2009.

Luxembourg ranks 16th of 196 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Real gdp growth, annual growth rate in Luxembourg, year by year

Annual values for Real gdp growth, annual growth rate in Luxembourg, 1981 to 2024.
Year % change on previous year Change
1981 -74.83 % change on previous year —
1982 30.2 % change on previous year -140.4%
1983 81.62 % change on previous year +170.3%
1984 150.66 % change on previous year +84.6%
1985 18.31 % change on previous year -87.8%
1986 78.4 % change on previous year +328.2%
1987 -60.42 % change on previous year -177.1%
1988 114.22 % change on previous year -289.0%
1989 15.76 % change on previous year -86.2%
1990 -45.7 % change on previous year -390.0%
1991 62.5 % change on previous year -236.8%
1992 -78.96 % change on previous year -226.3%
1993 130.95 % change on previous year -265.8%
1994 -9.05 % change on previous year -106.9%
1995 -62.52 % change on previous year +591.2%
1996 5.8 % change on previous year -109.3%
1997 291.88 % change on previous year +4935.8%
1998 9.35 % change on previous year -96.8%
1999 29.71 % change on previous year +217.9%
2000 0.2494 % change on previous year -99.2%
2001 -63.59 % change on previous year -25598.3%
2002 4.94 % change on previous year -107.8%
2003 -18.82 % change on previous year -480.5%
2004 61.55 % change on previous year -427.1%
2005 -41.34 % change on previous year -167.2%
2006 142.43 % change on previous year -444.5%
2007 34.6 % change on previous year -75.7%
2008 -103.73 % change on previous year -399.8%
2009 -972.52 % change on previous year +837.6%
2010 216.09 % change on previous year -122.2%
2011 -72.21 % change on previous year -133.4%
2012 57.8 % change on previous year -180.0%
2013 92.36 % change on previous year +59.8%
2014 -17.31 % change on previous year -118.7%
2015 -13.53 % change on previous year -21.8%
2016 119.49 % change on previous year -982.9%
2017 -73.54 % change on previous year -161.5%
2018 22.32 % change on previous year -130.4%
2019 70.64 % change on previous year +216.4%
2020 -118.55 % change on previous year -267.8%
2022 -115.84 % change on previous year -2.3%
2023 109.02 % change on previous year -194.1%
2024 262.63 % change on previous year +140.9%

Biggest year-on-year movements

Years where Real gdp growth, annual growth rate in Luxembourg changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2001 -25598.3% 0.2494 % change on previous year -63.59 % change on previous year
1997 +4935.8% 5.8 % change on previous year 291.88 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s 39.32 % change on previous year -74.83 % change on previous year 150.66 % change on previous year 9
1990s 33.4 % change on previous year -78.96 % change on previous year 291.88 % change on previous year 10
2000s -95.62 % change on previous year -972.52 % change on previous year 142.43 % change on previous year 10
2010s 40.21 % change on previous year -73.54 % change on previous year 216.09 % change on previous year 10
2020s 34.31 % change on previous year -118.55 % change on previous year 262.63 % change on previous year 4

Countries ranked near Luxembourg

  1. 13 Ecuador 291.67 % change on previous year compare
  2. 14 Angola 275.23 % change on previous year compare
  3. 15 Naoero, Republic of 263.62 % change on previous year compare
  4. 17 Brunei Darussalam 259.31 % change on previous year compare
  5. 18 Israel 207.23 % change on previous year compare
  6. 19 Azerbaijan, Republic of 206.94 % change on previous year compare

See the full ranking of 198 places →

More economy & growth data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is real gdp growth, annual growth rate in Luxembourg?
Real gdp growth, annual growth rate in Luxembourg was 262.63 % change on previous year in 2024, according to Statizoid (derived).
What is the highest real gdp growth, annual growth rate recorded in Luxembourg?
The highest recorded value was 291.88 % change on previous year in 1997.
What is the lowest real gdp growth, annual growth rate recorded in Luxembourg?
The lowest recorded value was -972.52 % change on previous year in 2009.
How does Luxembourg rank for real gdp growth, annual growth rate?
Luxembourg ranks 16th out of 196 countries with data for 2024.
Is real gdp growth, annual growth rate rising or falling in Luxembourg?
Over the last ten years it is up 1,617.4%. The long-run trend across the full record is volatile.
Where does this Luxembourg data come from?
The figures come from Statizoid (derived), published as part of Real gdp growth, annual growth rate. Statizoid updates them automatically from the source API.

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Real gdp growth, annual growth rate in Luxembourg. Statizoid, drawing on Statizoid (derived). Retrieved 28 October 2026, from https://economy.statizoid.com/stat/real-gdp-growth-annual-growth-rate/luxembourg/

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How this figure is calculated

The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Real gdp growth, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,619 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.