GDP deflator (base year varies by country), annual growth rate in Luxembourg
Luxembourg: GDP deflator (base year varies by country), annual growth rate was 5.23 % change on previous year in 2024. ◆ Volatile
GDP deflator (base year varies by country), annual growth rate in Luxembourg, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator (base year varies by country), annual growth rate in Luxembourg is 5.23 % change on previous year, measured in 2024.
That represents a change of down 16.9% on the previous year and up 86.9% over ten years.
Over the whole period, gdp deflator (base year varies by country), annual growth rate in Luxembourg peaked at 16.98 % change on previous year in 1974 and was at its lowest, -2.03 % change on previous year, in 1998.
That places Luxembourg 70th out of 211 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 deflator (base year varies by country), annual growth rate in Luxembourg, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -0.8137 % change on previous year | — |
| 1972 | 5.79 % change on previous year | -811.4% |
| 1973 | 12.2 % change on previous year | +110.8% |
| 1974 | 16.98 % change on previous year | +39.2% |
| 1975 | -0.8552 % change on previous year | -105.0% |
| 1976 | 12.22 % change on previous year | -1528.4% |
| 1977 | 1.17 % change on previous year | -90.4% |
| 1978 | 5.13 % change on previous year | +337.7% |
| 1979 | 6.35 % change on previous year | +23.9% |
| 1980 | 7.92 % change on previous year | +24.7% |
| 1981 | 7.18 % change on previous year | -9.3% |
| 1982 | 10.81 % change on previous year | +50.5% |
| 1983 | 6.82 % change on previous year | -36.9% |
| 1984 | 4.41 % change on previous year | -35.4% |
| 1985 | 3.09 % change on previous year | -29.8% |
| 1986 | -0.0837 % change on previous year | -102.7% |
| 1987 | 0.063 % change on previous year | -175.2% |
| 1988 | 2.78 % change on previous year | +4310.5% |
| 1989 | 4.02 % change on previous year | +44.8% |
| 1990 | 2.51 % change on previous year | -37.5% |
| 1991 | 1.82 % change on previous year | -27.5% |
| 1992 | 3.73 % change on previous year | +104.6% |
| 1993 | 5.97 % change on previous year | +60.2% |
| 1994 | 3.54 % change on previous year | -40.7% |
| 1995 | 2.33 % change on previous year | -34.2% |
| 1996 | 3.78 % change on previous year | +62.2% |
| 1997 | 2.62 % change on previous year | -30.8% |
| 1998 | -2.03 % change on previous year | -177.6% |
| 1999 | 4.76 % change on previous year | -334.4% |
| 2000 | 4.61 % change on previous year | -3.3% |
| 2001 | 0.7901 % change on previous year | -82.9% |
| 2002 | 1.46 % change on previous year | +85.4% |
| 2003 | 2.19 % change on previous year | +49.3% |
| 2004 | 3.12 % change on previous year | +42.6% |
| 2005 | 4.82 % change on previous year | +54.5% |
| 2006 | 6.45 % change on previous year | +34.0% |
| 2007 | 1.89 % change on previous year | -70.7% |
| 2008 | 6.61 % change on previous year | +249.3% |
| 2009 | 0.8707 % change on previous year | -86.8% |
| 2010 | 4.65 % change on previous year | +433.9% |
| 2011 | 3.45 % change on previous year | -25.8% |
| 2012 | 3.27 % change on previous year | -5.3% |
| 2013 | 2.28 % change on previous year | -30.3% |
| 2014 | 2.8 % change on previous year | +22.9% |
| 2015 | 2.22 % change on previous year | -20.7% |
| 2016 | -1.11 % change on previous year | -149.9% |
| 2017 | 2.14 % change on previous year | -293.5% |
| 2018 | 1.84 % change on previous year | -14.2% |
| 2019 | 0.9164 % change on previous year | -50.2% |
| 2020 | 3.87 % change on previous year | +322.2% |
| 2021 | 5.9 % change on previous year | +52.5% |
| 2022 | 6.22 % change on previous year | +5.4% |
| 2023 | 6.29 % change on previous year | +1.2% |
| 2024 | 5.23 % change on previous year | -16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.46 % change on previous year | -0.8552 % change on previous year | 16.98 % change on previous year | 9 |
| 1980s | 4.7 % change on previous year | -0.0837 % change on previous year | 10.81 % change on previous year | 10 |
| 1990s | 2.9 % change on previous year | -2.03 % change on previous year | 5.97 % change on previous year | 10 |
| 2000s | 3.28 % change on previous year | 0.7901 % change on previous year | 6.61 % change on previous year | 10 |
| 2010s | 2.24 % change on previous year | -1.11 % change on previous year | 4.65 % change on previous year | 10 |
| 2020s | 5.5 % change on previous year | 3.87 % change on previous year | 6.29 % change on previous year | 5 |
Countries ranked near Luxembourg
- 67 Micronesia, Federated States of 5.44 % change on previous year compare
- 68 Monaco 5.3 % change on previous year compare
- 69 Serbia 5.23 % change on previous year compare
- 71 Marshall Islands 5.21 % change on previous year compare
- 72 Netherlands 5.2 % change on previous year compare
- 73 Peru 5.16 % change on previous year 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)
- World population growth -0.2% (2100)
- Population density 290.54 people per km² (2100)
Frequently asked questions
- What is gdp deflator (base year varies by country), annual growth rate in Luxembourg?
- Gdp deflator (base year varies by country), annual growth rate in Luxembourg was 5.23 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Luxembourg?
- The highest recorded value was 16.98 % change on previous year in 1974.
- What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Luxembourg?
- The lowest recorded value was -2.03 % change on previous year in 1998.
- How does Luxembourg rank for gdp deflator (base year varies by country), annual growth rate?
- Luxembourg ranks 70th out of 211 countries with data for 2024.
- Is gdp deflator (base year varies by country), annual growth rate rising or falling in Luxembourg?
- Over the last ten years it is up 86.9%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP deflator UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.