The Gross Domestic Product (GDP) in Luxembourg was worth 73.26 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Luxembourg represents 0.06 percent of the world economy. source: World Bank
GDP in Luxembourg averaged 18.08 USD Billion from 1960 until 2020, reaching an all time high of 73.26 USD Billion in 2020 and a record low of 0.04 USD Billion in 1970. This page 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. Luxembourg GDP - values, historical data and charts - was last updated on November of 2021.
GDP in Luxembourg is expected to reach 68.50 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg GDP is projected to trend around 71.50 USD Billion in 2022, according to our econometric models.