The Gross Domestic Product (GDP) in Luxembourg was worth 93.20 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Luxembourg represents 0.09 percent of the world economy. This dataset provides the latest reported value for - Luxembourg GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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).

Actual value and historical data chart for Luxembourg GDP Per Capita Us Dollar

The Gross Domestic Product (GDP) in Luxembourg expanded 0.60 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Luxembourg GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real Gross Domestic Product for Luxembourg (CLVMNACSCAB1GQLU) from Q1 1995 to Q2 2025 about Luxembourg, real, and GDP.

The gross domestic product (GDP) in current prices in Luxembourg amounted to 93.25 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by 86.82 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by 33.58 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Quarterly dataset of the Luxembourg GDP Growth Rate (QoQ), including historical data, latest releases, and long-term trends from 1995-06-30 to 2025-06-30. Available for free download in CSV format.

In 2024, the growth of the real gross domestic product (GDP) in Luxembourg was 0.36 percent. Between 1980 and 2024, the figure dropped by 2.81 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the growth will rise by 1.76 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

Quarterly dataset of the Luxembourg GDP Growth Rate (YoY), including historical data, latest releases, and long-term trends from 2015-06-30 to 2025-06-30. Available for free download in CSV format.

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

The Gross Domestic Product per capita in Luxembourg was last recorded at 103909.19 US dollars in 2024. The GDP per Capita in Luxembourg is equivalent to 823 percent of the world's average. This dataset provides the latest reported value for - Luxembourg GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumption as percent of GDP in Luxembourg, June, 2025 The most recent value is 33.84 percent as of Q2 2025, an increase compared to the previous value of 33.78 percent. Historically, the average for Luxembourg from Q1 1995 to Q2 2025 is 36.41 percent. The minimum of 28.52 percent was recorded in Q4 2020, while the maximum of 47.1 percent was reached in Q1 1995. | TheGlobalEconomy.com

Key information about Luxembourg GDP Deflator Growth

• Luxembourg GDP deflator (implicit price deflator) increased 2.6 % in Jun 2025, compared with an increase of 5.7 % in the previous quarter.
• Luxembourg GDP Deflator Growth data is updated quarterly, available from Mar 1996 to Jun 2025, with an average rate of 5.6 %.
• The data reached an all-time high of 14.2 % in Mar 1996 and a record low of -6.4 % in Dec 1996.

CEIC calculates GDP Deflator Growth from quarterly Nominal and Real GDP. The Statistics Portal of Luxembourg provides Nominal GDP in EUR and Real GDP in EUR, at chain linked 2015 prices.


Related information about Luxembourg GDP Deflator Growth

• In the latest reports, Luxembourg GDP contracted 0.2 % YoY in Jun 2025.
• Its Nominal GDP reached 24.9 USD bn in Jun 2025.
• Luxembourg GDP Per Capita reached 136,677.8 USD in Dec 2024.
• Its Gross Savings Rate was measured at 47.3 % in Jun 2025.

Key information about Luxembourg GDP Per Capita

• Luxembourg Gross Domestic Product (GDP) per Capita reached 136,677.826 USD in Dec 2024, compared with 132,145.950 USD in Dec 2023.
• Luxembourg GDP Per Capita data is updated yearly, available from Dec 1995 to Dec 2024, with an average number of 0.000 USD.
• 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.

Related information about Luxembourg GDP Per Capita data

• In the latest reports, Luxembourg GDP contracted 0.209 % YoY in Jun 2025.
• Luxembourg Nominal GDP reached 24.859 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 2.573 % in Jun 2025.
• Gross Savings Rate of Luxembourg was measured at 47.277 % in Jun 2025.

The latest data from show economic growth of -0.2 pour cent, which is an increase from the rate of growth of -1.9 pour cent in the previous quarter and
a decrease compared to the growth rate of 0.8 pour cent in the same quarter last year. The economic growth time series for Luxembourg cover the...

Key information about Luxembourg Investment: % of GDP

• Luxembourg Investment accounted for 15.4 % of its Nominal GDP in Jun 2025, compared with a ratio of 15.7 % in the previous quarter.
• Luxembourg investment share of Nominal GDP data is updated quarterly, available from Mar 1995 to Jun 2025, with an average ratio of 17.2 %.
• The data reached an all-time high of 27.4 % in Jun 1999 and a record low of 11.2 % in Mar 2009.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. The Statistics Portal of Luxembourg provides Nominal Gross Capital Formation in EUR and Nominal GDP in EUR.


Related information about Luxembourg Investment: % of GDP

• In the latest reports, Luxembourg GDP contracted 0.2 % YoY in Jun 2025.
• Luxembourg Nominal GDP reached 24.9 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 2.6 % in Jun 2025.
• Luxembourg GDP Per Capita reached 136,677.8 USD in Dec 2024.
• Its Gross Savings Rate was measured at 47.3 % in Jun 2025.

Key information about Luxembourg Nominal GDP

• Luxembourg Nominal GDP reached 24.9 USD bn in Jun 2025, compared with 23.2 USD bn in the previous quarter.
• Nominal GDP in Luxembourg is updated quarterly, available from Mar 1995 to Jun 2025, with an average number of 14.2 USD bn.
• The data reached an all-time high of 24.9 USD bn in Jun 2025 and a record low of 4.6 USD bn in Mar 1998.

CEIC converts quarterly Nominal GDP into USD. The Statistics Portal of Luxembourg provides Nominal GDP in EUR. Federal Reserve Board average market exchange rate is used for currency conversions.


Related information about Luxembourg Nominal GDP

• In the latest reports, Luxembourg GDP contracted 0.2 % YoY in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 2.6 % in Jun 2025.
• Luxembourg GDP Per Capita reached 136,677.8 USD in Dec 2024.
• Its Gross Savings Rate was measured at 47.3 % in Jun 2025.
• For Nominal GDP contributions, Investment accounted for 15.4 % in Jun 2025.
• Public Consumption accounted for 19.1 % in Jun 2025.
• Private Consumption accounted for 33.8 % in Jun 2025.

GDP Constant Prices in Luxembourg increased to 15948.06 EUR Million in the second quarter of 2025 from 15856.03 EUR Million in the first quarter of 2025. This dataset provides - Luxembourg GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Luxembourg Government Debt: % of GDP

• Luxembourg Government debt accounted for 25.1 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 26.1 % in the previous quarter.
• Luxembourg government debt to GDP ratio data is updated quarterly, available from Dec 1997 to Jun 2025.
• The data reached an all-time high of 28.4 % in Mar 2023 and a record low of 6.8 % in Mar 2004.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Statistics Portal of Luxembourg provides Government Debt in EUR and Nominal GDP in EUR.


Related information about Luxembourg Government Debt: % of GDP

• In the latest reports, Luxembourg National Government Debt reached 25.7 USD bn in Jun 2025.
• The country's Nominal GDP reached 24.9 USD bn in Jun 2025.

GDP Deflator in Luxembourg decreased to 127.45 points in the second quarter of 2025 from 128.72 points in the first quarter of 2025. This dataset provides - Luxembourg GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.