Services, value added in Luxembourg
Luxembourg: Services, value added was 57.04 billion constant 2015 US$ in 2025. ▲ Rising
Services, value added in Luxembourg, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2025, services, value added in Luxembourg stood at 57.04 billion constant 2015 US$.
Compared with earlier readings it is up 1.3% on the previous year and up 19.1% over ten years.
Over the whole period, services, value added in Luxembourg peaked at 57.55 billion constant 2015 US$ in 2022 and was at its lowest, 23.62 billion constant 2015 US$, in 1995.
That places Luxembourg 66th out of 196 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Services, value added in Luxembourg, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 23.62 billion constant 2015 US$ | — |
| 1996 | 23.90 billion constant 2015 US$ | +1.2% |
| 1997 | 24.99 billion constant 2015 US$ | +4.5% |
| 1998 | 26.75 billion constant 2015 US$ | +7.0% |
| 1999 | 28.83 billion constant 2015 US$ | +7.8% |
| 2000 | 30.79 billion constant 2015 US$ | +6.8% |
| 2001 | 32.25 billion constant 2015 US$ | +4.8% |
| 2002 | 33.10 billion constant 2015 US$ | +2.6% |
| 2003 | 33.75 billion constant 2015 US$ | +2.0% |
| 2004 | 35.14 billion constant 2015 US$ | +4.1% |
| 2005 | 36.12 billion constant 2015 US$ | +2.8% |
| 2006 | 38.99 billion constant 2015 US$ | +8.0% |
| 2007 | 41.75 billion constant 2015 US$ | +7.1% |
| 2008 | 42.44 billion constant 2015 US$ | +1.7% |
| 2009 | 41.53 billion constant 2015 US$ | -2.2% |
| 2010 | 43.06 billion constant 2015 US$ | +3.7% |
| 2011 | 43.58 billion constant 2015 US$ | +1.2% |
| 2012 | 44.08 billion constant 2015 US$ | +1.2% |
| 2013 | 45.31 billion constant 2015 US$ | +2.8% |
| 2014 | 46.06 billion constant 2015 US$ | +1.7% |
| 2015 | 47.90 billion constant 2015 US$ | +4.0% |
| 2016 | 50.26 billion constant 2015 US$ | +4.9% |
| 2017 | 51.33 billion constant 2015 US$ | +2.1% |
| 2018 | 51.92 billion constant 2015 US$ | +1.1% |
| 2019 | 52.88 billion constant 2015 US$ | +1.9% |
| 2020 | 52.63 billion constant 2015 US$ | -0.5% |
| 2021 | 57.12 billion constant 2015 US$ | +8.5% |
| 2022 | 57.55 billion constant 2015 US$ | +0.8% |
| 2023 | 57.26 billion constant 2015 US$ | -0.5% |
| 2024 | 56.33 billion constant 2015 US$ | -1.6% |
| 2025 | 57.04 billion constant 2015 US$ | +1.3% |
Luxembourg compared with similar countries
- Luxembourg's 57.04 billion constant 2015 US$ is below the median for high income countries, which is 67.86 billion constant 2015 US$, 84% of the median. (69 countries reporting)
- Luxembourg's 57.04 billion constant 2015 US$ is above the median for Europe & Central Asia, which is 47.31 billion constant 2015 US$, 1.2× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.62 billion constant 2015 US$ | 23.62 billion constant 2015 US$ | 28.83 billion constant 2015 US$ | 5 |
| 2000s | 36.59 billion constant 2015 US$ | 30.79 billion constant 2015 US$ | 42.44 billion constant 2015 US$ | 10 |
| 2010s | 47.64 billion constant 2015 US$ | 43.06 billion constant 2015 US$ | 52.88 billion constant 2015 US$ | 10 |
| 2020s | 56.32 billion constant 2015 US$ | 52.63 billion constant 2015 US$ | 57.55 billion constant 2015 US$ | 6 |
Countries ranked near Luxembourg
- 63 Cuba 64.37 billion constant 2015 US$ compare
- 64 Angola 60.49 billion constant 2015 US$ compare
- 65 Panama 57.56 billion constant 2015 US$ compare
- 67 Sri Lanka 56.47 billion constant 2015 US$ compare
- 68 Guatemala 55.23 billion constant 2015 US$ compare
- 69 Costa Rica 54.22 billion constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 108.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 1.16 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 160,408 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -93.89 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -188.59 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.9282 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -136,679 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 9.54 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Luxembourg?
- Services, value added in Luxembourg was 57.04 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Luxembourg?
- The highest recorded value was 57.55 billion constant 2015 US$ in 2022.
- What is the lowest services, value added recorded in Luxembourg?
- The lowest recorded value was 23.62 billion constant 2015 US$ in 1995.
- How does Luxembourg rank for services, value added?
- Luxembourg ranks 66th out of 196 countries with data for 2025.
- Is services, value added rising or falling in Luxembourg?
- Over the last ten years it is up 19.1%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.