The economy of Luxembourg expanded 1% in 2024, rebounding from contractions in each of the previous two years. Full Year GDP Growth in Luxembourg averaged 2.95 percent from 1996 until 2024, reaching an all time high of 8.20 percent in 1999 and a record low of -3.20 percent in 2009. source: STATEC, Luxembourg
Full Year GDP Growth in Luxembourg is expected to reach 1.90 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Full Year GDP Growth is projected to trend around 2.20 percent in 2027 and 2.10 percent in 2028, according to our econometric models.