Value Added (Total Manufacturing) — Value Standard Local Currency in Luxembourg
Luxembourg: Value Added (Total Manufacturing) — Value Standard Local Currency was 2,801 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 2,801 million SLC.
The figure is down 5.6% on the previous year and up 25.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Luxembourg peaked at 3,394 million SLC in 2021 and was at its lowest, 472.02 million SLC, in 1971.
That places Luxembourg 178th out of 231 countries with data for 2023, putting it in the bottom quarter.
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 | 543.07 million SLC | — |
| 1971 | 472.02 million SLC | -13.1% |
| 1972 | 510.35 million SLC | +8.1% |
| 1973 | 671.16 million SLC | +31.5% |
| 1974 | 892.93 million SLC | +33.0% |
| 1975 | 579.23 million SLC | -35.1% |
| 1976 | 725.05 million SLC | +25.2% |
| 1977 | 674.15 million SLC | -7.0% |
| 1978 | 765.6 million SLC | +13.6% |
| 1979 | 841.68 million SLC | +9.9% |
| 1980 | 863.35 million SLC | +2.6% |
| 1981 | 898.21 million SLC | +4.0% |
| 1982 | 1,068 million SLC | +18.9% |
| 1983 | 1,138 million SLC | +6.5% |
| 1984 | 1,311 million SLC | +15.2% |
| 1985 | 1,354 million SLC | +3.3% |
| 1986 | 1,485 million SLC | +9.7% |
| 1987 | 1,369 million SLC | -7.8% |
| 1988 | 1,530 million SLC | +11.8% |
| 1989 | 1,819 million SLC | +18.9% |
| 1990 | 1,759 million SLC | -3.3% |
| 1991 | 1,658 million SLC | -5.7% |
| 1992 | 1,660 million SLC | +0.1% |
| 1993 | 1,658 million SLC | -0.1% |
| 1994 | 1,750 million SLC | +5.5% |
| 1995 | 1,805 million SLC | +3.1% |
| 1996 | 1,755 million SLC | -2.8% |
| 1997 | 1,897 million SLC | +8.1% |
| 1998 | 2,001 million SLC | +5.5% |
| 1999 | 2,014 million SLC | +0.7% |
| 2000 | 2,216 million SLC | +10.0% |
| 2001 | 2,181 million SLC | -1.6% |
| 2002 | 2,181 million SLC | +0.0% |
| 2003 | 2,319 million SLC | +6.3% |
| 2004 | 2,338 million SLC | +0.9% |
| 2005 | 2,372 million SLC | +1.4% |
| 2006 | 2,420 million SLC | +2.0% |
| 2007 | 2,999 million SLC | +23.9% |
| 2008 | 2,674 million SLC | -10.8% |
| 2009 | 1,817 million SLC | -32.1% |
| 2010 | 2,106 million SLC | +15.9% |
| 2011 | 2,158 million SLC | +2.5% |
| 2012 | 2,120 million SLC | -1.8% |
| 2013 | 2,236 million SLC | +5.5% |
| 2014 | 2,449 million SLC | +9.5% |
| 2015 | 2,967 million SLC | +21.2% |
| 2016 | 3,257 million SLC | +9.8% |
| 2017 | 2,778 million SLC | -14.7% |
| 2018 | 2,983 million SLC | +7.4% |
| 2019 | 3,148 million SLC | +5.5% |
| 2020 | 3,189 million SLC | +1.3% |
| 2021 | 3,394 million SLC | +6.4% |
| 2022 | 2,968 million SLC | -12.6% |
| 2023 | 2,801 million SLC | -5.6% |
Luxembourg compared with similar countries
- Luxembourg's 2,801 million SLC is below the median for high income countries, which is 31,737 million SLC, 9% of the median. (73 countries reporting)
- Luxembourg's 2,801 million SLC is below the median for Europe & Central Asia, which is 71,112 million SLC, 4% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 667.52 million SLC | 472.02 million SLC | 892.93 million SLC | 10 |
| 1980s | 1,283 million SLC | 863.35 million SLC | 1,819 million SLC | 10 |
| 1990s | 1,796 million SLC | 1,658 million SLC | 2,014 million SLC | 10 |
| 2000s | 2,352 million SLC | 1,817 million SLC | 2,999 million SLC | 10 |
| 2010s | 2,620 million SLC | 2,106 million SLC | 3,257 million SLC | 10 |
| 2020s | 3,088 million SLC | 2,801 million SLC | 3,394 million 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0133 units 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 2,801 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 3,394 million SLC in 2021.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Luxembourg?
- The lowest recorded value was 472.02 million SLC in 1971.
- How does Luxembourg rank for value added (total manufacturing) — value standard local currency?
- Luxembourg ranks 178th out of 231 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 25.3%. 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).