GDP at market prices (constant 2010 US$) in Luxembourg
Luxembourg: GDP at market prices (constant 2010 US$) was 70.42 billion constant 2010 US$ in 2024. ◆ Volatile
Latest (2024)
70.42 billion constant 2010 US$
Change on year
up 1.0%
World rank
77th
of 208 countries
All-time high
70.97 billion constant 2010 US$
in 2021
All-time low
12.05 billion constant 2010 US$
in 1970
Years of data
55
1970–2024
GDP at market prices in Luxembourg, 1970–2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
Luxembourg recorded 70.42 billion constant 2010 US$ for gdp at market prices in 2024.
That represents a change of up 1.0% on the previous year and up 19.9% over ten years.
Over the whole period, gdp at market prices in Luxembourg peaked at 70.97 billion constant 2010 US$ in 2021 and was at its lowest, 12.05 billion constant 2010 US$, in 1970.
That places Luxembourg 77th out of 208 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP at market prices (constant 2010 US$) in Luxembourg, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1970 | 12.05 billion constant 2010 US$ | — |
| 1971 | 12.37 billion constant 2010 US$ | +2.7% |
| 1972 | 13.18 billion constant 2010 US$ | +6.6% |
| 1973 | 14.28 billion constant 2010 US$ | +8.3% |
| 1974 | 14.88 billion constant 2010 US$ | +4.2% |
| 1975 | 13.90 billion constant 2010 US$ | -6.6% |
| 1976 | 14.25 billion constant 2010 US$ | +2.5% |
| 1977 | 14.48 billion constant 2010 US$ | +1.6% |
| 1978 | 15.07 billion constant 2010 US$ | +4.1% |
| 1979 | 15.42 billion constant 2010 US$ | +2.3% |
| 1980 | 15.55 billion constant 2010 US$ | +0.8% |
| 1981 | 15.47 billion constant 2010 US$ | -0.6% |
| 1982 | 15.64 billion constant 2010 US$ | +1.1% |
| 1983 | 16.11 billion constant 2010 US$ | +3.0% |
| 1984 | 17.10 billion constant 2010 US$ | +6.2% |
| 1985 | 17.58 billion constant 2010 US$ | +2.8% |
| 1986 | 19.34 billion constant 2010 US$ | +10.0% |
| 1987 | 20.10 billion constant 2010 US$ | +4.0% |
| 1988 | 21.80 billion constant 2010 US$ | +8.5% |
| 1989 | 23.94 billion constant 2010 US$ | +9.8% |
| 1990 | 25.21 billion constant 2010 US$ | +5.3% |
| 1991 | 27.39 billion constant 2010 US$ | +8.6% |
| 1992 | 27.89 billion constant 2010 US$ | +1.8% |
| 1993 | 29.06 billion constant 2010 US$ | +4.2% |
| 1994 | 30.17 billion constant 2010 US$ | +3.8% |
| 1995 | 30.60 billion constant 2010 US$ | +1.4% |
| 1996 | 31.03 billion constant 2010 US$ | +1.4% |
| 1997 | 32.71 billion constant 2010 US$ | +5.4% |
| 1998 | 34.90 billion constant 2010 US$ | +6.7% |
| 1999 | 37.75 billion constant 2010 US$ | +8.2% |
| 2000 | 40.37 billion constant 2010 US$ | +6.9% |
| 2001 | 41.61 billion constant 2010 US$ | +3.1% |
| 2002 | 42.95 billion constant 2010 US$ | +3.2% |
| 2003 | 44.08 billion constant 2010 US$ | +2.6% |
| 2004 | 45.94 billion constant 2010 US$ | +4.2% |
| 2005 | 47.08 billion constant 2010 US$ | +2.5% |
| 2006 | 49.92 billion constant 2010 US$ | +6.0% |
| 2007 | 53.96 billion constant 2010 US$ | +8.1% |
| 2008 | 53.80 billion constant 2010 US$ | -0.3% |
| 2009 | 52.06 billion constant 2010 US$ | -3.2% |
| 2010 | 54.01 billion constant 2010 US$ | +3.8% |
| 2011 | 54.58 billion constant 2010 US$ | +1.0% |
| 2012 | 55.48 billion constant 2010 US$ | +1.6% |
| 2013 | 57.24 billion constant 2010 US$ | +3.2% |
| 2014 | 58.74 billion constant 2010 US$ | +2.6% |
| 2015 | 60.07 billion constant 2010 US$ | +2.3% |
| 2016 | 63.06 billion constant 2010 US$ | +5.0% |
| 2017 | 63.89 billion constant 2010 US$ | +1.3% |
| 2018 | 64.92 billion constant 2010 US$ | +1.6% |
| 2019 | 66.71 billion constant 2010 US$ | +2.7% |
| 2020 | 66.37 billion constant 2010 US$ | -0.5% |
| 2021 | 70.97 billion constant 2010 US$ | +6.9% |
| 2022 | 70.19 billion constant 2010 US$ | -1.1% |
| 2023 | 69.70 billion constant 2010 US$ | -0.7% |
| 2024 | 70.42 billion constant 2010 US$ | +1.0% |
Luxembourg compared with similar countries
- Luxembourg's 70.42 billion constant 2010 US$ is below the median for high income countries, which is 73.34 billion constant 2010 US$, 96% of the median. (80 countries reporting)
- Luxembourg's 70.42 billion constant 2010 US$ is above the median for Europe & Central Asia, which is 69.56 billion constant 2010 US$, 1.0× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.99 billion constant 2010 US$ | 12.05 billion constant 2010 US$ | 15.42 billion constant 2010 US$ | 10 |
| 1980s | 18.26 billion constant 2010 US$ | 15.47 billion constant 2010 US$ | 23.94 billion constant 2010 US$ | 10 |
| 1990s | 30.67 billion constant 2010 US$ | 25.21 billion constant 2010 US$ | 37.75 billion constant 2010 US$ | 10 |
| 2000s | 47.18 billion constant 2010 US$ | 40.37 billion constant 2010 US$ | 53.96 billion constant 2010 US$ | 10 |
| 2010s | 59.87 billion constant 2010 US$ | 54.01 billion constant 2010 US$ | 66.71 billion constant 2010 US$ | 10 |
| 2020s | 69.53 billion constant 2010 US$ | 66.37 billion constant 2010 US$ | 70.97 billion constant 2010 US$ | 5 |
Countries ranked near Luxembourg
- 74 Costa Rica 76.26 billion constant 2010 US$ compare
- 75 Ghana 74.70 billion constant 2010 US$ compare
- 76 Tanzania 74.46 billion constant 2010 US$ compare
- 78 Croatia 68.71 billion constant 2010 US$ compare
- 79 Bulgaria 65.02 billion constant 2010 US$ compare
- 80 Uruguay 64.20 billion constant 2010 US$ compare
More population data for Luxembourg
- Population regions with projections, annual growth rate -0.2377 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.2169 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.2377 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.2412 % change on previous year (2100)
- Demographic balances and indicators by type of projection and NUTS 3 0.0556 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 781.91 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.7954 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.56 % change on previous year (2100)
- Population growth rate -0.238 (2100)
- Population density 290.54 (2100)
Frequently asked questions
- What is gdp at market prices in Luxembourg?
- Gdp at market prices in Luxembourg was 70.42 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Luxembourg?
- The highest recorded value was 70.97 billion constant 2010 US$ in 2021.
- What is the lowest gdp at market prices recorded in Luxembourg?
- The lowest recorded value was 12.05 billion constant 2010 US$ in 1970.
- How does Luxembourg rank for gdp at market prices?
- Luxembourg ranks 77th out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in Luxembourg?
- Over the last ten years it is up 19.9%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release