Services, value added (constant LCU) in Luxembourg
Luxembourg: Services, value added (constant LCU) was 55.43 billion constant LCU in 2025. ▲ Rising
Services, value added in Luxembourg, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, services, value added in Luxembourg stood at 55.43 billion constant LCU.
That represents a change of 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 55.93 billion constant LCU in 2022 and was at its lowest, 22.95 billion constant LCU, in 1995.
Luxembourg ranks 133rd of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Services, value added (constant LCU) in Luxembourg, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 22.95 billion constant LCU | — |
| 1996 | 23.23 billion constant LCU | +1.2% |
| 1997 | 24.29 billion constant LCU | +4.5% |
| 1998 | 26.00 billion constant LCU | +7.0% |
| 1999 | 28.02 billion constant LCU | +7.8% |
| 2000 | 29.92 billion constant LCU | +6.8% |
| 2001 | 31.35 billion constant LCU | +4.8% |
| 2002 | 32.17 billion constant LCU | +2.6% |
| 2003 | 32.80 billion constant LCU | +2.0% |
| 2004 | 34.15 billion constant LCU | +4.1% |
| 2005 | 35.10 billion constant LCU | +2.8% |
| 2006 | 37.89 billion constant LCU | +8.0% |
| 2007 | 40.57 billion constant LCU | +7.1% |
| 2008 | 41.25 billion constant LCU | +1.7% |
| 2009 | 40.36 billion constant LCU | -2.2% |
| 2010 | 41.85 billion constant LCU | +3.7% |
| 2011 | 42.35 billion constant LCU | +1.2% |
| 2012 | 42.84 billion constant LCU | +1.2% |
| 2013 | 44.03 billion constant LCU | +2.8% |
| 2014 | 44.77 billion constant LCU | +1.7% |
| 2015 | 46.55 billion constant LCU | +4.0% |
| 2016 | 48.85 billion constant LCU | +4.9% |
| 2017 | 49.89 billion constant LCU | +2.1% |
| 2018 | 50.46 billion constant LCU | +1.1% |
| 2019 | 51.39 billion constant LCU | +1.9% |
| 2020 | 51.15 billion constant LCU | -0.5% |
| 2021 | 55.51 billion constant LCU | +8.5% |
| 2022 | 55.93 billion constant LCU | +0.8% |
| 2023 | 55.65 billion constant LCU | -0.5% |
| 2024 | 54.75 billion constant LCU | -1.6% |
| 2025 | 55.43 billion constant LCU | +1.3% |
Luxembourg compared with similar countries
- Luxembourg's 55.43 billion constant LCU is below the median for high income countries, which is 203.18 billion constant LCU, 27% of the median. (70 countries reporting)
- Luxembourg's 55.43 billion constant LCU is below the median for Europe & Central Asia, which is 280.65 billion constant LCU, 20% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.90 billion constant LCU | 22.95 billion constant LCU | 28.02 billion constant LCU | 5 |
| 2000s | 35.56 billion constant LCU | 29.92 billion constant LCU | 41.25 billion constant LCU | 10 |
| 2010s | 46.30 billion constant LCU | 41.85 billion constant LCU | 51.39 billion constant LCU | 10 |
| 2020s | 54.74 billion constant LCU | 51.15 billion constant LCU | 55.93 billion constant LCU | 6 |
Countries ranked near Luxembourg
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)
- SDRs holdings, US dollar, annual growth rate 5.14 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 3,041 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1234 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0151 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 2,220 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.62 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0133 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in Luxembourg?
- Services, value added in Luxembourg was 55.43 billion constant LCU 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 55.93 billion constant LCU in 2022.
- What is the lowest services, value added recorded in Luxembourg?
- The lowest recorded value was 22.95 billion constant LCU in 1995.
- How does Luxembourg rank for services, value added?
- Luxembourg ranks 133rd out of 199 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 LCU). 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 defence, 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 varies by country. This series is expressed in local currency units.