Value Added Deflator (Manufacturing) — Value Standard Local Currency in Luxembourg
Luxembourg: Value Added Deflator (Manufacturing) — Value Standard Local Currency was -8.62 % change on previous year in 2023. ◆ Volatile
Latest (2023)
-8.62 % change on previous year
Change on year
down 43.7%
World rank
196th
of 209 countries
All-time high
24.61 % change on previous year
in 1974
All-time low
-19.26 % change on previous year
in 1975
Years of data
53
1971–2023
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Luxembourg, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Luxembourg recorded -8.62 % change on previous year for value added deflator (manufacturing) — value standard local currency in 2023.
That represents a change of down 43.7% on the previous year and down 55.7% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Luxembourg peaked at 24.61 % change on previous year in 1974 and was at its lowest, -19.26 % change on previous year, in 1975.
That places Luxembourg 196th out of 209 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Luxembourg, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -12.53 % change on previous year | — |
| 1972 | 1.72 % change on previous year | -113.7% |
| 1973 | 18.97 % change on previous year | +1001.3% |
| 1974 | 24.61 % change on previous year | +29.7% |
| 1975 | -19.26 % change on previous year | -178.3% |
| 1976 | 19.8 % change on previous year | -202.8% |
| 1977 | -6.93 % change on previous year | -135.0% |
| 1978 | 8.93 % change on previous year | -228.9% |
| 1979 | 6.13 % change on previous year | -31.4% |
| 1980 | 3.87 % change on previous year | -36.8% |
| 1981 | 10.6 % change on previous year | +173.9% |
| 1982 | 16.8 % change on previous year | +58.4% |
| 1983 | 2.98 % change on previous year | -82.3% |
| 1984 | 3.34 % change on previous year | +12.1% |
| 1985 | -2.11 % change on previous year | -163.2% |
| 1986 | -5.6 % change on previous year | +165.2% |
| 1987 | -4.66 % change on previous year | -16.7% |
| 1988 | 3.71 % change on previous year | -179.6% |
| 1989 | 7.5 % change on previous year | +102.0% |
| 1990 | -4.92 % change on previous year | -165.6% |
| 1991 | -6.92 % change on previous year | +40.8% |
| 1992 | -2.6 % change on previous year | -62.5% |
| 1993 | -3.3 % change on previous year | +27.3% |
| 1994 | 0.8339 % change on previous year | -125.2% |
| 1995 | 0.9607 % change on previous year | +15.2% |
| 1996 | -2.89 % change on previous year | -400.9% |
| 1997 | 1.32 % change on previous year | -145.8% |
| 1998 | 1.78 % change on previous year | +34.3% |
| 1999 | -7.96 % change on previous year | -547.6% |
| 2000 | 4.8 % change on previous year | -160.3% |
| 2001 | 0.8256 % change on previous year | -82.8% |
| 2002 | -4.49 % change on previous year | -644.2% |
| 2003 | -5.2 % change on previous year | +15.7% |
| 2004 | 2.46 % change on previous year | -147.3% |
| 2005 | 2.21 % change on previous year | -10.2% |
| 2006 | 6.52 % change on previous year | +195.1% |
| 2007 | 6.13 % change on previous year | -5.9% |
| 2008 | 10.02 % change on previous year | +63.4% |
| 2009 | -16.36 % change on previous year | -263.2% |
| 2010 | 10.33 % change on previous year | -163.1% |
| 2011 | 14.41 % change on previous year | +39.5% |
| 2012 | -6.42 % change on previous year | -144.6% |
| 2013 | -5.54 % change on previous year | -13.8% |
| 2014 | 4.11 % change on previous year | -174.2% |
| 2015 | 1.61 % change on previous year | -60.7% |
| 2016 | 3.73 % change on previous year | +131.1% |
| 2017 | 1.25 % change on previous year | -66.4% |
| 2018 | 9.55 % change on previous year | +662.4% |
| 2019 | -7.16 % change on previous year | -175.0% |
| 2020 | 4.59 % change on previous year | -164.1% |
| 2021 | 1.76 % change on previous year | -61.7% |
| 2022 | -6 % change on previous year | -441.3% |
| 2023 | -8.62 % change on previous year | +43.7% |
Luxembourg compared with similar countries
- Luxembourg's -8.62 % change on previous year is below the median for high income countries, which is 4.9 % change on previous year. (68 countries reporting)
- Luxembourg's -8.62 % change on previous year is below the median for Europe & Central Asia, which is 5.11 % change on previous year. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.6 % change on previous year | -19.26 % change on previous year | 24.61 % change on previous year | 9 |
| 1980s | 3.64 % change on previous year | -5.6 % change on previous year | 16.8 % change on previous year | 10 |
| 1990s | -2.37 % change on previous year | -7.96 % change on previous year | 1.78 % change on previous year | 10 |
| 2000s | 0.6918 % change on previous year | -16.36 % change on previous year | 10.02 % change on previous year | 10 |
| 2010s | 2.59 % change on previous year | -7.16 % change on previous year | 14.41 % change on previous year | 10 |
| 2020s | -2.07 % change on previous year | -8.62 % change on previous year | 4.59 % change on previous year | 4 |
Countries ranked near Luxembourg
- 193 Congo -8.08 % change on previous year compare
- 194 Singapore -8.37 % change on previous year compare
- 195 Azerbaijan -8.56 % change on previous year compare
- 197 Oman -8.7 % change on previous year compare
- 198 Greenland -9.42 % change on previous year compare
- 199 Georgia -9.46 % 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)
- 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 value added deflator (manufacturing) — value standard local currency in Luxembourg?
- Value added deflator (manufacturing) — value standard local currency in Luxembourg was -8.62 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Luxembourg?
- The highest recorded value was 24.61 % change on previous year in 1974.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Luxembourg?
- The lowest recorded value was -19.26 % change on previous year in 1975.
- How does Luxembourg rank for value added deflator (manufacturing) — value standard local currency?
- Luxembourg ranks 196th out of 209 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Luxembourg?
- Over the last ten years it is down 55.7%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added Deflator (Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.