Luxembourg GDP Annual Growth Rate  1996-2018 | Data | Chart | Calendar

The gross domestic product of Luxembourg advanced 1.6 percent year-on-year in the three months to December of 2017, compared to a downwardly revised 3.1 percent rise in the three months to September. In 2017 as a whole, the GDP expanded 2.3 percent compared to 3.1 percent rise in 2016. It was the slowest growth since a 0.4 percent fall was recorded in 2012. GDP Annual Growth Rate in Luxembourg averaged 3.53 percent from 1996 until 2017, reaching an all time high of 12.60 percent in the first quarter of 2000 and a record low of -7 percent in the second quarter of 2009.

Luxembourg GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-10-11 10:00 AM GDP Growth Rate YoY 2.2% 4% 3.6%
2017-12-21 11:00 AM GDP Growth Rate YoY 3.2% 1.9% 2.6%
2018-03-22 11:00 AM GDP Growth Rate YoY 1.6% 3.1% 2.8%
2018-06-21 10:00 AM GDP Growth Rate YoY 1.6% 2.50%
2018-09-21 10:00 AM GDP Growth Rate YoY 2.70%
2018-12-21 11:00 AM GDP Growth Rate YoY 3.10%


Luxembourg GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.10 1.80 6.30 -4.00 percent [+]
GDP Annual Growth Rate 1.60 3.10 12.60 -7.00 percent [+]
GDP 59.95 58.05 66.30 0.70 USD Billion [+]
GDP Constant Prices 12826.80 12024.40 12826.80 7536.90 EUR Million [+]
Gross Fixed Capital Formation 2072.20 2012.60 2549.70 1070.90 EUR Million [+]
GDP per capita 111000.96 109047.32 111968.35 27085.59 USD [+]
GDP per capita PPP 97018.66 95311.11 97864.20 57618.02 USD [+]


Luxembourg GDP Annual Growth Rate

On the expenditure side, external balance of exports and imports is the main component of GDP and accounts for 35 percent of its total use, as exports of goods and services account for 200 percent while imports account for 165 percent. It is followed by household consumption (30 percent of GDP) gross fixed capital formation (18 percent) and government expenditure (17 percent). This page provides - Luxembourg GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 3.10 12.60 -7.00 1996 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 7.30 Dec/17
India 7.20 Dec/17
China 6.80 Mar/18
Indonesia 5.19 Dec/17
Spain 3.10 Dec/17
Canada 2.90 Dec/17
Germany 2.90 Dec/17
Netherlands 2.90 Dec/17
South Korea 2.80 Dec/17
Euro Area 2.70 Dec/17
United States 2.60 Dec/17
France 2.50 Dec/17
Australia 2.40 Dec/17
Brazil 2.10 Dec/17
Japan 2.00 Dec/17
Switzerland 1.90 Dec/17
Italy 1.60 Dec/17
Mexico 1.50 Dec/17
United Kingdom 1.40 Dec/17
Russia 0.90 Dec/17


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