Taxes less subsidies on products (current US$), per unit of GDP (unit) in Luxembourg
Luxembourg: Taxes less subsidies on products (current US$), per unit of GDP (unit) was 0.0944 current US$ per US$ of GDP in 2025. ▲ Rising
Taxes less subsidies on products (current US$), per unit of GDP in Luxembourg, 1970–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (current us$), per unit of gdp in Luxembourg is 0.0944 current US$ per US$ of GDP, measured in 2025.
That represents a change of up 5.5% on the previous year and up 11.0% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Luxembourg peaked at 0.1119 current US$ per US$ of GDP in 2005 and was at its lowest, 0.0328 current US$ per US$ of GDP, in 1970.
Luxembourg ranks 88th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP (unit) in Luxembourg, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0328 current US$ per US$ of GDP | — |
| 1971 | 0.0485 current US$ per US$ of GDP | +47.6% |
| 1972 | 0.0554 current US$ per US$ of GDP | +14.2% |
| 1973 | 0.0545 current US$ per US$ of GDP | -1.5% |
| 1974 | 0.0464 current US$ per US$ of GDP | -14.9% |
| 1975 | 0.0649 current US$ per US$ of GDP | +39.8% |
| 1976 | 0.0612 current US$ per US$ of GDP | -5.7% |
| 1977 | 0.0618 current US$ per US$ of GDP | +0.9% |
| 1978 | 0.0625 current US$ per US$ of GDP | +1.2% |
| 1979 | 0.0597 current US$ per US$ of GDP | -4.4% |
| 1980 | 0.0702 current US$ per US$ of GDP | +17.5% |
| 1981 | 0.0705 current US$ per US$ of GDP | +0.5% |
| 1982 | 0.0726 current US$ per US$ of GDP | +2.9% |
| 1983 | 0.084 current US$ per US$ of GDP | +15.7% |
| 1984 | 0.0866 current US$ per US$ of GDP | +3.1% |
| 1985 | 0.0863 current US$ per US$ of GDP | -0.3% |
| 1986 | 0.0842 current US$ per US$ of GDP | -2.4% |
| 1987 | 0.0879 current US$ per US$ of GDP | +4.3% |
| 1988 | 0.0867 current US$ per US$ of GDP | -1.4% |
| 1989 | 0.087 current US$ per US$ of GDP | +0.3% |
| 1990 | 0.0873 current US$ per US$ of GDP | +0.4% |
| 1991 | 0.0924 current US$ per US$ of GDP | +5.8% |
| 1992 | 0.0913 current US$ per US$ of GDP | -1.1% |
| 1993 | 0.0989 current US$ per US$ of GDP | +8.3% |
| 1994 | 0.097 current US$ per US$ of GDP | -1.9% |
| 1995 | 0.0996 current US$ per US$ of GDP | +2.6% |
| 1996 | 0.0977 current US$ per US$ of GDP | -1.9% |
| 1997 | 0.1012 current US$ per US$ of GDP | +3.7% |
| 1998 | 0.1049 current US$ per US$ of GDP | +3.6% |
| 1999 | 0.1058 current US$ per US$ of GDP | +0.9% |
| 2000 | 0.1081 current US$ per US$ of GDP | +2.1% |
| 2001 | 0.1028 current US$ per US$ of GDP | -4.8% |
| 2002 | 0.1034 current US$ per US$ of GDP | +0.6% |
| 2003 | 0.105 current US$ per US$ of GDP | +1.5% |
| 2004 | 0.1113 current US$ per US$ of GDP | +6.0% |
| 2005 | 0.1119 current US$ per US$ of GDP | +0.5% |
| 2006 | 0.1022 current US$ per US$ of GDP | -8.7% |
| 2007 | 0.1058 current US$ per US$ of GDP | +3.6% |
| 2008 | 0.1003 current US$ per US$ of GDP | -5.3% |
| 2009 | 0.1007 current US$ per US$ of GDP | +0.5% |
| 2010 | 0.0983 current US$ per US$ of GDP | -2.5% |
| 2011 | 0.102 current US$ per US$ of GDP | +3.8% |
| 2012 | 0.1041 current US$ per US$ of GDP | +2.0% |
| 2013 | 0.1034 current US$ per US$ of GDP | -0.7% |
| 2014 | 0.1069 current US$ per US$ of GDP | +3.4% |
| 2015 | 0.0851 current US$ per US$ of GDP | -20.4% |
| 2016 | 0.0858 current US$ per US$ of GDP | +0.9% |
| 2017 | 0.0887 current US$ per US$ of GDP | +3.4% |
| 2018 | 0.094 current US$ per US$ of GDP | +6.1% |
| 2019 | 0.0948 current US$ per US$ of GDP | +0.9% |
| 2020 | 0.0916 current US$ per US$ of GDP | -3.5% |
| 2021 | 0.0926 current US$ per US$ of GDP | +1.2% |
| 2022 | 0.0951 current US$ per US$ of GDP | +2.7% |
| 2023 | 0.0871 current US$ per US$ of GDP | -8.4% |
| 2024 | 0.0895 current US$ per US$ of GDP | +2.7% |
| 2025 | 0.0944 current US$ per US$ of GDP | +5.5% |
Luxembourg compared with similar countries
- Luxembourg's 0.0944 current US$ per US$ of GDP is below the median for high income countries, which is 0.0948 current US$ per US$ of GDP, 100% of the median. (74 countries reporting)
- Luxembourg's 0.0944 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.1078 current US$ per US$ of GDP, 88% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$), per unit of GDP (unit) in Luxembourg changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1971 | +47.6% | 0.0328 current US$ per US$ of GDP | 0.0485 current US$ per US$ of GDP |
| 1975 | +39.8% | 0.0464 current US$ per US$ of GDP | 0.0649 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0548 current US$ per US$ of GDP | 0.0328 current US$ per US$ of GDP | 0.0649 current US$ per US$ of GDP | 10 |
| 1980s | 0.0816 current US$ per US$ of GDP | 0.0702 current US$ per US$ of GDP | 0.0879 current US$ per US$ of GDP | 10 |
| 1990s | 0.0976 current US$ per US$ of GDP | 0.0873 current US$ per US$ of GDP | 0.1058 current US$ per US$ of GDP | 10 |
| 2000s | 0.1051 current US$ per US$ of GDP | 0.1003 current US$ per US$ of GDP | 0.1119 current US$ per US$ of GDP | 10 |
| 2010s | 0.0963 current US$ per US$ of GDP | 0.0851 current US$ per US$ of GDP | 0.1069 current US$ per US$ of GDP | 10 |
| 2020s | 0.0917 current US$ per US$ of GDP | 0.0871 current US$ per US$ of GDP | 0.0951 current US$ per US$ of GDP | 6 |
Countries ranked near Luxembourg
- 85 Germany 0.0951 current US$ per US$ of GDP compare
- 86 Mongolia 0.0947 current US$ per US$ of GDP compare
- 87 Honduras 0.0945 current US$ per US$ of GDP compare
- 89 Belgium 0.0943 current US$ per US$ of GDP compare
- 90 Spain 0.0939 current US$ per US$ of GDP compare
- 91 Tajikistan 0.0932 current US$ per US$ of GDP compare
More economy & growth data for Luxembourg
- Real gdp growth, annual growth rate 262.63 % change on previous year (2024)
- 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)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Luxembourg?
- Taxes less subsidies on products (current us$), per unit of gdp in Luxembourg was 0.0944 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Luxembourg?
- The highest recorded value was 0.1119 current US$ per US$ of GDP in 2005.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Luxembourg?
- The lowest recorded value was 0.0328 current US$ per US$ of GDP in 1970.
- How does Luxembourg rank for taxes less subsidies on products (current us$), per unit of gdp?
- Luxembourg ranks 88th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Luxembourg?
- Over the last ten years it is up 11.0%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.