Luxembourg’s economy grew 1.6% year-on-year in the first quarter of 2026, easing from a downwardly revised 2.1% expansion, marking the slowest growth since the second quarter of 2025. GDP Annual Growth Rate in Luxembourg averaged 2.89 percent from 1996 until 2026, reaching an all time high of 12.60 percent in the second quarter of 2021 and a record low of -8.10 percent in the first quarter of 2009. source: STATEC, Luxembourg

The Gross Domestic Product (GDP) in Luxembourg expanded 1.60 percent in the first quarter of 2026 over the same quarter of the previous year.

The Gross Domestic Product (GDP) in Luxembourg expanded 1.60 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Luxembourg is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg GDP Annual Growth Rate is projected to trend around 1.90 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-06 10:00 AM
GDP Growth Rate YoY
Q4 2.4% 3.2% 2.2%
2026-06-05 09:00 AM
GDP Growth Rate YoY
Q1 1.6% 2.1% 1.7%
2026-09-07 09:00 AM
GDP Growth Rate YoY
Q2 1.6% 1.8%


Related Last Previous Unit Reference
Full Year GDP Growth 0.60 0.40 percent Dec 2025
GDP Growth Rate YoY 1.60 2.10 percent Mar 2026
GDP Constant Prices 16095.40 16098.46 EUR Million Mar 2026
GDP Growth Rate 0.00 0.00 percent Mar 2026
Gross Fixed Capital Formation 2454.20 2276.40 EUR Million Mar 2026


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).
Actual Previous Highest Lowest Dates Unit Frequency
1.60 2.10 12.60 -8.10 1996 - 2026 percent Quarterly