Value Added Deflator (Manufacturing) — Value Standard Local Currency in Luxembourg
Luxembourg: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 97.65 SLC in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Luxembourg, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for value added deflator (manufacturing) — value standard local currency in Luxembourg is 97.65 SLC, measured in 2023.
Compared with earlier readings it is down 8.6% on the previous year and up 3.3% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Luxembourg peaked at 115.05 SLC in 2018 and was at its lowest, 47.22 SLC, in 1971.
Luxembourg ranks 183rd of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Luxembourg, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 53.98 SLC | — |
| 1971 | 47.22 SLC | -12.5% |
| 1972 | 48.03 SLC | +1.7% |
| 1973 | 57.14 SLC | +19.0% |
| 1974 | 71.2 SLC | +24.6% |
| 1975 | 57.49 SLC | -19.3% |
| 1976 | 68.86 SLC | +19.8% |
| 1977 | 64.09 SLC | -6.9% |
| 1978 | 69.82 SLC | +8.9% |
| 1979 | 74.09 SLC | +6.1% |
| 1980 | 76.96 SLC | +3.9% |
| 1981 | 85.12 SLC | +10.6% |
| 1982 | 99.42 SLC | +16.8% |
| 1983 | 102.38 SLC | +3.0% |
| 1984 | 105.8 SLC | +3.3% |
| 1985 | 103.56 SLC | -2.1% |
| 1986 | 97.77 SLC | -5.6% |
| 1987 | 93.21 SLC | -4.7% |
| 1988 | 96.67 SLC | +3.7% |
| 1989 | 103.92 SLC | +7.5% |
| 1990 | 98.81 SLC | -4.9% |
| 1991 | 91.97 SLC | -6.9% |
| 1992 | 89.58 SLC | -2.6% |
| 1993 | 86.62 SLC | -3.3% |
| 1994 | 87.34 SLC | +0.8% |
| 1995 | 88.18 SLC | +1.0% |
| 1996 | 85.63 SLC | -2.9% |
| 1997 | 86.77 SLC | +1.3% |
| 1998 | 88.31 SLC | +1.8% |
| 1999 | 81.28 SLC | -8.0% |
| 2000 | 85.19 SLC | +4.8% |
| 2001 | 85.89 SLC | +0.8% |
| 2002 | 82.03 SLC | -4.5% |
| 2003 | 77.77 SLC | -5.2% |
| 2004 | 79.68 SLC | +2.5% |
| 2005 | 81.44 SLC | +2.2% |
| 2006 | 86.75 SLC | +6.5% |
| 2007 | 92.07 SLC | +6.1% |
| 2008 | 101.29 SLC | +10.0% |
| 2009 | 84.72 SLC | -16.4% |
| 2010 | 93.47 SLC | +10.3% |
| 2011 | 106.94 SLC | +14.4% |
| 2012 | 100.07 SLC | -6.4% |
| 2013 | 94.53 SLC | -5.5% |
| 2014 | 98.41 SLC | +4.1% |
| 2015 | 100 SLC | +1.6% |
| 2016 | 103.73 SLC | +3.7% |
| 2017 | 105.03 SLC | +1.3% |
| 2018 | 115.05 SLC | +9.5% |
| 2019 | 106.82 SLC | -7.2% |
| 2020 | 111.72 SLC | +4.6% |
| 2021 | 113.69 SLC | +1.8% |
| 2022 | 106.86 SLC | -6.0% |
| 2023 | 97.65 SLC | -8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 61.19 SLC | 47.22 SLC | 74.09 SLC | 10 |
| 1980s | 96.48 SLC | 76.96 SLC | 105.8 SLC | 10 |
| 1990s | 88.45 SLC | 81.28 SLC | 98.81 SLC | 10 |
| 2000s | 85.68 SLC | 77.77 SLC | 101.29 SLC | 10 |
| 2010s | 102.41 SLC | 93.47 SLC | 115.05 SLC | 10 |
| 2020s | 107.48 SLC | 97.65 SLC | 113.69 SLC | 4 |
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)
- GDP (current US$), annual growth rate 8.45 % change on previous year (2025)
- GDP (current US$), per capita 147,252 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.88 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.885 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 130,314 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 0.6379 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7015 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 103,292 constant 2015 US$ per person (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 97.65 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Luxembourg?
- The highest recorded value was 115.05 SLC in 2018.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Luxembourg?
- The lowest recorded value was 47.22 SLC in 1971.
- How does Luxembourg rank for value added deflator (manufacturing) — value standard local currency?
- Luxembourg ranks 183rd out of 194 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 up 3.3%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).