Services, value added (current US$), annual growth rate in Luxembourg
Luxembourg: Services, value added (current US$), annual growth rate was 8.8 % change on previous year in 2025. ◆ Volatile
Services, value added (current US$), annual growth rate in Luxembourg, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current us$), annual growth rate in Luxembourg is 8.8 % change on previous year, measured in 2025.
The figure is up 107.4% on the previous year and up 180.0% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Luxembourg peaked at 25.36 % change on previous year in 2003 and was at its lowest, -10.99 % change on previous year, in 2015.
Luxembourg ranks 98th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Luxembourg, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 2.17 % change on previous year | — |
| 1997 | -6.52 % change on previous year | -400.6% |
| 1998 | 1.85 % change on previous year | -128.3% |
| 1999 | 11.07 % change on previous year | +499.5% |
| 2000 | -2.39 % change on previous year | -121.6% |
| 2001 | 2 % change on previous year | -183.7% |
| 2002 | 10.6 % change on previous year | +429.6% |
| 2003 | 25.36 % change on previous year | +139.3% |
| 2004 | 18.34 % change on previous year | -27.7% |
| 2005 | 9.05 % change on previous year | -50.7% |
| 2006 | 16.92 % change on previous year | +87.1% |
| 2007 | 18.05 % change on previous year | +6.7% |
| 2008 | 17.56 % change on previous year | -2.7% |
| 2009 | -5.24 % change on previous year | -129.8% |
| 2010 | 3.5 % change on previous year | -166.7% |
| 2011 | 9.66 % change on previous year | +176.2% |
| 2012 | -3.07 % change on previous year | -131.7% |
| 2013 | 9.19 % change on previous year | -399.9% |
| 2014 | 4.52 % change on previous year | -50.8% |
| 2015 | -10.99 % change on previous year | -343.0% |
| 2016 | 2.77 % change on previous year | -125.2% |
| 2017 | 6.91 % change on previous year | +149.9% |
| 2018 | 7.24 % change on previous year | +4.8% |
| 2019 | -2.56 % change on previous year | -135.4% |
| 2020 | 6.24 % change on previous year | -343.6% |
| 2021 | 18.22 % change on previous year | +192.0% |
| 2022 | -5.09 % change on previous year | -127.9% |
| 2023 | 10.81 % change on previous year | -312.6% |
| 2024 | 4.24 % change on previous year | -60.8% |
| 2025 | 8.8 % change on previous year | +107.4% |
Luxembourg compared with similar countries
- Luxembourg's 8.8 % change on previous year is above the median for high income countries, which is 8.04 % change on previous year, 1.1× the median. (77 countries reporting)
- Luxembourg's 8.8 % change on previous year is below the median for Europe & Central Asia, which is 10.97 % change on previous year, 80% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.14 % change on previous year | -6.52 % change on previous year | 11.07 % change on previous year | 4 |
| 2000s | 11.02 % change on previous year | -5.24 % change on previous year | 25.36 % change on previous year | 10 |
| 2010s | 2.72 % change on previous year | -10.99 % change on previous year | 9.66 % change on previous year | 10 |
| 2020s | 7.21 % change on previous year | -5.09 % change on previous year | 18.22 % change on previous year | 6 |
Countries ranked near Luxembourg
- 95 Norway 8.99 % change on previous year compare
- 96 Nicaragua 8.94 % change on previous year compare
- 97 Equatorial Guinea 8.85 % change on previous year compare
- 99 Azerbaijan 8.73 % change on previous year compare
- 100 Aruba 8.72 % change on previous year compare
- 101 Cambodia 8.69 % change on previous year 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)
- 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 (current us$), annual growth rate in Luxembourg?
- Services, value added (current us$), annual growth rate in Luxembourg was 8.8 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Luxembourg?
- The highest recorded value was 25.36 % change on previous year in 2003.
- What is the lowest services, value added (current us$), annual growth rate recorded in Luxembourg?
- The lowest recorded value was -10.99 % change on previous year in 2015.
- How does Luxembourg rank for services, value added (current us$), annual growth rate?
- Luxembourg ranks 98th out of 204 countries with data for 2025.
- Is services, value added (current us$), annual growth rate rising or falling in Luxembourg?
- Over the last ten years it is up 180.0%. 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 Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.