Value Added (Total Manufacturing) — Value Standard Local Currency in Luxembourg
Luxembourg: Value Added (Total Manufacturing) — Value Standard Local Currency was 2,868 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Luxembourg, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Luxembourg stood at 2,868 million SLC.
That represents a change of up 3.3% on the previous year and up 21.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Luxembourg peaked at 3,257 million SLC in 2007 and was at its lowest, 999.68 million SLC, in 1971.
That places Luxembourg 142nd out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Luxembourg, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,006 million SLC | — |
| 1971 | 999.68 million SLC | -0.6% |
| 1972 | 1,063 million SLC | +6.3% |
| 1973 | 1,175 million SLC | +10.5% |
| 1974 | 1,254 million SLC | +6.8% |
| 1975 | 1,008 million SLC | -19.7% |
| 1976 | 1,053 million SLC | +4.5% |
| 1977 | 1,052 million SLC | -0.1% |
| 1978 | 1,097 million SLC | +4.3% |
| 1979 | 1,136 million SLC | +3.6% |
| 1980 | 1,122 million SLC | -1.2% |
| 1981 | 1,055 million SLC | -5.9% |
| 1982 | 1,074 million SLC | +1.8% |
| 1983 | 1,111 million SLC | +3.5% |
| 1984 | 1,239 million SLC | +11.5% |
| 1985 | 1,307 million SLC | +5.5% |
| 1986 | 1,519 million SLC | +16.2% |
| 1987 | 1,469 million SLC | -3.3% |
| 1988 | 1,583 million SLC | +7.8% |
| 1989 | 1,751 million SLC | +10.6% |
| 1990 | 1,780 million SLC | +1.7% |
| 1991 | 1,803 million SLC | +1.3% |
| 1992 | 1,853 million SLC | +2.7% |
| 1993 | 1,915 million SLC | +3.3% |
| 1994 | 2,003 million SLC | +4.6% |
| 1995 | 2,046 million SLC | +2.2% |
| 1996 | 2,049 million SLC | +0.1% |
| 1997 | 2,187 million SLC | +6.7% |
| 1998 | 2,266 million SLC | +3.6% |
| 1999 | 2,478 million SLC | +9.4% |
| 2000 | 2,602 million SLC | +5.0% |
| 2001 | 2,539 million SLC | -2.4% |
| 2002 | 2,658 million SLC | +4.7% |
| 2003 | 2,981 million SLC | +12.2% |
| 2004 | 2,935 million SLC | -1.6% |
| 2005 | 2,912 million SLC | -0.8% |
| 2006 | 2,790 million SLC | -4.2% |
| 2007 | 3,257 million SLC | +16.7% |
| 2008 | 2,640 million SLC | -18.9% |
| 2009 | 2,144 million SLC | -18.8% |
| 2010 | 2,253 million SLC | +5.1% |
| 2011 | 2,018 million SLC | -10.4% |
| 2012 | 2,118 million SLC | +5.0% |
| 2013 | 2,365 million SLC | +11.7% |
| 2014 | 2,488 million SLC | +5.2% |
| 2015 | 2,967 million SLC | +19.2% |
| 2016 | 3,140 million SLC | +5.8% |
| 2017 | 2,645 million SLC | -15.8% |
| 2018 | 2,593 million SLC | -2.0% |
| 2019 | 2,947 million SLC | +13.7% |
| 2020 | 2,854 million SLC | -3.1% |
| 2021 | 2,985 million SLC | +4.6% |
| 2022 | 2,777 million SLC | -7.0% |
| 2023 | 2,868 million SLC | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,084 million SLC | 999.68 million SLC | 1,254 million SLC | 10 |
| 1980s | 1,323 million SLC | 1,055 million SLC | 1,751 million SLC | 10 |
| 1990s | 2,038 million SLC | 1,780 million SLC | 2,478 million SLC | 10 |
| 2000s | 2,746 million SLC | 2,144 million SLC | 3,257 million SLC | 10 |
| 2010s | 2,554 million SLC | 2,018 million SLC | 3,140 million SLC | 10 |
| 2020s | 2,871 million SLC | 2,777 million SLC | 2,985 million SLC | 4 |
Countries ranked near Luxembourg
- 139 Estonia 3,219 million SLC compare
- 140 Latvia 3,192 million SLC compare
- 141 Brunei Darussalam 3,190 million SLC compare
- 143 Vanuatu 2,756 million SLC compare
- 144 Sierra Leone 2,566 million SLC compare
- 145 Liechtenstein 2,394 million SLC 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)
- 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)
- GDP (constant LCU), annual growth rate 0.6379 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.6817 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 100,385 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 6.21 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.4666 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Luxembourg?
- Value added (total manufacturing) — value standard local currency in Luxembourg was 2,868 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Luxembourg?
- The highest recorded value was 3,257 million SLC in 2007.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Luxembourg?
- The lowest recorded value was 999.68 million SLC in 1971.
- How does Luxembourg rank for value added (total manufacturing) — value standard local currency?
- Luxembourg ranks 142nd out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Luxembourg?
- Over the last ten years it is up 21.3%. 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 (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).