Real gdp growth in Luxembourg
Luxembourg: Real gdp growth was 0.359 in 2024. ◆ Volatile
Latest (2024)
0.359
Change on year
up 262.6%
World rank
180th
of 196 countries
All-time high
9.98
in 1986
All-time low
-3.24
in 2009
Years of data
45
1980–2024
Real gdp growth in Luxembourg, 1980–2024
Source: Our World in Data.
Analysis
Luxembourg recorded 0.359 for real gdp growth in 2024.
That represents a change of up 262.6% on the previous year and down 86.3% over ten years.
Over the whole period, real gdp growth in Luxembourg peaked at 9.98 in 1986 and was at its lowest, -3.24, in 2009.
Luxembourg ranks 180th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.94 | 0.798 | 9.98 | 10 |
| 1990s | 4.76 | 1.43 | 8.64 | 10 |
| 2000s | 3.46 | -3.24 | 8.44 | 10 |
| 2010s | 2.52 | 1.04 | 4.98 | 10 |
| 2020s | 1.16 | -1.1 | 6.93 | 5 |
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 real gdp growth in Luxembourg?
- Real gdp growth in Luxembourg was 0.359 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Luxembourg?
- The highest recorded value was 9.98 in 1986.
- What is the lowest real gdp growth recorded in Luxembourg?
- The lowest recorded value was -3.24 in 2009.
- How does Luxembourg rank for real gdp growth?
- Luxembourg ranks 180th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Luxembourg?
- Over the last ten years it is down 86.3%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).