Taxes less subsidies on products (current US$), annual growth rate in Luxembourg
Luxembourg: Taxes less subsidies on products (current US$), annual growth rate was 14.45 % change on previous year in 2025. ◆ Volatile
Latest (2025)
14.45 % change on previous year
Change on year
up 82.2%
World rank
53rd
of 197 countries
All-time high
53.73 % change on previous year
in 1971
All-time low
-30.53 % change on previous year
in 2015
Years of data
55
1971–2025
Taxes less subsidies on products (current US$), annual growth rate in Luxembourg, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Luxembourg recorded 14.45 % change on previous year for taxes less subsidies on products (current us$), annual growth rate in 2025.
That represents a change of up 82.2% on the previous year and up 147.3% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Luxembourg peaked at 53.73 % change on previous year in 1971 and was at its lowest, -30.53 % change on previous year, in 2015.
That places Luxembourg 53rd out of 197 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Luxembourg, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 53.73 % change on previous year | — |
| 1972 | 43.04 % change on previous year | -19.9% |
| 1973 | 35.13 % change on previous year | -18.4% |
| 1974 | 3.83 % change on previous year | -89.1% |
| 1975 | 37.16 % change on previous year | +869.3% |
| 1976 | 3.38 % change on previous year | -90.9% |
| 1977 | 11.72 % change on previous year | +246.6% |
| 1978 | 25.99 % change on previous year | +121.7% |
| 1979 | 11.73 % change on previous year | -54.9% |
| 1980 | 28.22 % change on previous year | +140.5% |
| 1981 | -15.62 % change on previous year | -155.4% |
| 1982 | -6.28 % change on previous year | -59.8% |
| 1983 | 13.78 % change on previous year | -319.4% |
| 1984 | 1.11 % change on previous year | -91.9% |
| 1985 | 2.79 % change on previous year | +150.1% |
| 1986 | 42.6 % change on previous year | +1428.8% |
| 1987 | 29.87 % change on previous year | -29.9% |
| 1988 | 11.65 % change on previous year | -61.0% |
| 1989 | 6.9 % change on previous year | -40.8% |
| 1990 | 27.82 % change on previous year | +303.4% |
| 1991 | 14.53 % change on previous year | -47.8% |
| 1992 | 10.89 % change on previous year | -25.0% |
| 1993 | 11.14 % change on previous year | +2.3% |
| 1994 | 9.01 % change on previous year | -19.1% |
| 1995 | 20.91 % change on previous year | +131.9% |
| 1996 | -1.7 % change on previous year | -108.1% |
| 1997 | -2.93 % change on previous year | +72.4% |
| 1998 | 6.7 % change on previous year | -328.4% |
| 1999 | 9.62 % change on previous year | +43.4% |
| 2000 | -0.9763 % change on previous year | -110.2% |
| 2001 | -4.13 % change on previous year | +323.2% |
| 2002 | 11.23 % change on previous year | -371.8% |
| 2003 | 27.28 % change on previous year | +142.9% |
| 2004 | 25.28 % change on previous year | -7.3% |
| 2005 | 8.02 % change on previous year | -68.3% |
| 2006 | 4.03 % change on previous year | -49.7% |
| 2007 | 24.54 % change on previous year | +508.9% |
| 2008 | 8.06 % change on previous year | -67.1% |
| 2009 | -6.99 % change on previous year | -186.7% |
| 2010 | 0.6754 % change on previous year | -109.7% |
| 2011 | 13.96 % change on previous year | +1966.5% |
| 2012 | -1.14 % change on previous year | -108.2% |
| 2013 | 8.31 % change on previous year | -826.6% |
| 2014 | 9.12 % change on previous year | +9.7% |
| 2015 | -30.53 % change on previous year | -434.8% |
| 2016 | 4.46 % change on previous year | -114.6% |
| 2017 | 9.16 % change on previous year | +105.2% |
| 2018 | 14.74 % change on previous year | +60.9% |
| 2019 | -0.8593 % change on previous year | -105.8% |
| 2020 | 1.79 % change on previous year | -308.3% |
| 2021 | 18.62 % change on previous year | +940.4% |
| 2022 | -3.92 % change on previous year | -121.0% |
| 2023 | 0.6104 % change on previous year | -115.6% |
| 2024 | 7.93 % change on previous year | +1198.6% |
| 2025 | 14.45 % change on previous year | +82.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.08 % change on previous year | 3.38 % change on previous year | 53.73 % change on previous year | 9 |
| 1980s | 11.5 % change on previous year | -15.62 % change on previous year | 42.6 % change on previous year | 10 |
| 1990s | 10.6 % change on previous year | -2.93 % change on previous year | 27.82 % change on previous year | 10 |
| 2000s | 9.63 % change on previous year | -6.99 % change on previous year | 27.28 % change on previous year | 10 |
| 2010s | 2.79 % change on previous year | -30.53 % change on previous year | 14.74 % change on previous year | 10 |
| 2020s | 6.58 % change on previous year | -3.92 % change on previous year | 18.62 % change on previous year | 6 |
Countries ranked near Luxembourg
- 50 Ecuador 14.81 % change on previous year compare
- 51 Albania 14.63 % change on previous year compare
- 52 Benin 14.47 % change on previous year compare
- 54 Croatia 14.4 % change on previous year compare
- 55 Zimbabwe 14.17 % change on previous year compare
- 56 Greece 13.95 % 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)
- Exports of goods and services (current LCU), annual growth rate 3.33 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 1.69 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 248,276 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 1.16 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 1.35 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 199,003 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 5.62 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.1497 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Luxembourg?
- Taxes less subsidies on products (current us$), annual growth rate in Luxembourg was 14.45 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Luxembourg?
- The highest recorded value was 53.73 % change on previous year in 1971.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Luxembourg?
- The lowest recorded value was -30.53 % change on previous year in 2015.
- How does Luxembourg rank for taxes less subsidies on products (current us$), annual growth rate?
- Luxembourg ranks 53rd out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Luxembourg?
- Over the last ten years it is up 147.3%. 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 Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
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 Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.