The gross domestic product (GDP) per capita in Luxembourg was estimated at 138,630 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 120,960 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 18,130 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Key information about Luxembourg GDP Per Capita

• Luxembourg Gross Domestic Product (GDP) per Capita reached 132,485.619 USD in Dec 2021, compared with 116,317.268 USD in Dec 2020.
• Luxembourg GDP Per Capita data is updated yearly, available from Dec 1995 to Dec 2021, with an average number of 105,267.896 USD.
• The data reached an all-time high of 132,485.619 USD in Dec 2021 and a record low of 46,641.004 in Dec 1997.
• CEIC calculates GDP per Capita from annual Nominal GDP and annual Population and converts it into USD. The Statistics Portal of Luxembourg provides Nominal GDP in EUR and Population. Federal Reserve Board average market exchange rate is used for currency conversions. GDP per Capita prior to 2000 is calculated from Population sourced from the World Bank.

• In the latest reports, Luxembourg GDP expanded 3.013 % YoY in Sep 2022.
• Luxembourg Nominal GDP reached 20.283 USD bn in Sep 2022.
• Its GDP deflator (implicit price deflator) increased 7.031 % in Sep 2022.
• Gross Savings Rate of Luxembourg was measured at 52.515 % in Sep 2022.

Luxembourg LU: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 70,260.000 USD in 2017. This records a decrease from the previous number of 71,590.000 USD for 2016. Luxembourg LU: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 30,185.000 USD from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 88,240.000 USD in 2008 and a record low of 1,630.000 USD in 1962. Luxembourg LU: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Luxembourg LU: GDP: per Capita data was reported at 92,380.766 EUR in 2017. This records an increase from the previous number of 91,071.309 EUR for 2016. Luxembourg LU: GDP: per Capita data is updated yearly, averaging 25,357.406 EUR from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 92,380.766 EUR in 2017 and a record low of 2,754.551 EUR in 1961. Luxembourg LU: GDP: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank.WDI: Gross Domestic Product: Nominal. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Luxembourg LU: GDP: Growth: GNI per Capita data was reported at 4.458 % in 2016. This records an increase from the previous number of 2.967 % for 2015. Luxembourg LU: GDP: Growth: GNI per Capita data is updated yearly, averaging 3.499 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 18.912 % in 2007 and a record low of -30.557 % in 2013. Luxembourg LU: GDP: Growth: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Key information about Luxembourg Nominal GDP

• Luxembourg Nominal GDP reached 22.0 USD bn in Mar 2023, compared with 19.5 USD bn in the previous quarter.
• Nominal GDP in Luxembourg is updated quarterly, available from Mar 1995 to Mar 2023, with an average number of 13.8 USD bn.
• The data reached an all-time high of 22.0 USD bn in Mar 2023 and a record low of 4.6 USD bn in Mar 1998.

• In the latest reports, Luxembourg GDP contracted 0.4 % YoY in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 7.1 % in Mar 2023.
• Luxembourg GDP Per Capita reached 124,327.5 USD in Dec 2022.
• Its Gross Savings Rate was measured at 52.5 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 17.9 % in Mar 2023.
• Public Consumption accounted for 17.3 % in Mar 2023.
• Private Consumption accounted for 30.2 % in Mar 2023.

Luxembourg LU: GDP: Real: per Capita data was reported at 81,443.130 EUR in 2017. This records a decrease from the previous number of 81,998.588 EUR for 2016. Luxembourg LU: GDP: Real: per Capita data is updated yearly, averaging 45,932.873 EUR from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 84,541.137 EUR in 2007 and a record low of 20,450.839 EUR in 1960. Luxembourg LU: GDP: Real: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank.WDI: Gross Domestic Product: Real. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Luxembourg LU: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at -0.677 % in 2017. This records a decrease from the previous number of 0.885 % for 2016. Luxembourg LU: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 2.417 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 9.492 % in 1986 and a record low of -7.586 % in 1975. Luxembourg LU: GDP: Growth:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Luxembourg LU: GDP: GNI per Capita data was reported at 64,731.921 EUR in 2017. This records an increase from the previous number of 61,938.201 EUR for 2016. Luxembourg LU: GDP: GNI per Capita data is updated yearly, averaging 24,366.802 EUR from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 67,233.257 EUR in 2007 and a record low of 1,929.199 EUR in 1961. Luxembourg LU: GDP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank: Gross Domestic Product: Nominal. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

The per capita consumer spending on transportation ranking is led by Luxembourg with ******** U.S. dollars, while Iceland is following with ******** U.S. dollars. In contrast, Benin is at the bottom of the ranking with **** U.S. dollars, showing a difference of ******* U.S. dollars to Luxembourg. Consumer spending, in this case transportation-related spending per capita, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 07. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.

Luxembourg LU: GDP: Real: GNI per Capita data was reported at 55,316.762 EUR in 2016. This records an increase from the previous number of 52,955.983 EUR for 2015. Luxembourg LU: GDP: Real: GNI per Capita data is updated yearly, averaging 54,533.466 EUR from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 100,143.408 EUR in 2007 and a record low of 27,270.834 EUR in 1970. Luxembourg LU: GDP: Real: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank: Gross Domestic Product: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Luxembourg LU: GDP: Growth: Gross Capital Formation data was reported at -1.138 % in 2017. This records a decrease from the previous number of -0.027 % for 2016. Luxembourg LU: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 5.249 % from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 29.498 % in 1986 and a record low of -23.853 % in 2009. Luxembourg LU: GDP: Growth: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Luxembourg LU: GDP: Gross Capital Formation data was reported at 9,582.552 EUR mn in 2017. This records an increase from the previous number of 9,511.947 EUR mn for 2016. Luxembourg LU: GDP: Gross Capital Formation data is updated yearly, averaging 3,013.710 EUR mn from Dec 1965 (Median) to 2017, with 53 observations. The data reached an all-time high of 9,582.552 EUR mn in 2017 and a record low of 346.086 EUR mn in 1965. Luxembourg LU: GDP: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank: Gross Domestic Product: Nominal. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Luxembourg LU: GDP: Growth: Gross Fixed Capital Formation data was reported at 1.949 % in 2017. This records an increase from the previous number of 0.481 % for 2016. Luxembourg LU: GDP: Growth: Gross Fixed Capital Formation data is updated yearly, averaging 3.375 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 37.139 % in 1986 and a record low of -15.289 % in 1965. Luxembourg LU: GDP: Growth: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank: Gross Domestic Product: Annual Growth Rate. Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Luxembourg LU: GDP: Real: Gross Capital Formation data was reported at 8,581.420 EUR mn in 2017. This records a decrease from the previous number of 8,680.217 EUR mn for 2016. Luxembourg LU: GDP: Real: Gross Capital Formation data is updated yearly, averaging 3,588.785 EUR mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 8,929.523 EUR mn in 2014 and a record low of 1,279.837 EUR mn in 1977. Luxembourg LU: GDP: Real: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank: Gross Domestic Product: Real. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Luxembourg LU: GDP: Real: Gross Fixed Capital Formation data was reported at 8,489.946 EUR mn in 2017. This records an increase from the previous number of 8,327.642 EUR mn for 2016. Luxembourg LU: GDP: Real: Gross Fixed Capital Formation data is updated yearly, averaging 2,813.330 EUR mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 9,012.299 EUR mn in 2014 and a record low of 1,264.506 EUR mn in 1960. Luxembourg LU: GDP: Real: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank: Gross Domestic Product: Real. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Key information about Luxembourg Gross Fixed Capital Formation

• Luxembourg Gross Fixed Capital Formation was reported at 3.479 USD bn in Sep 2024.
• This records a decrease from the previous number of 3.761 USD bn for Jun 2024.
• Luxembourg Gross Fixed Capital Formation data is updated quarterly, averaging 2.526 USD bn from Mar 1995 to Sep 2024, with 119 observations.
• The data reached an all-time high of 5.081 USD bn in Jun 2021 and a record low of 813.833 USD mn in Mar 1997.
• Luxembourg Gross Fixed Capital Formation data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Gross Fixed Capital Formation: USD: Quarterly.