GDP growth in Luxembourg

Luxembourg: GDP growth was 1.0% in 2024. β—† Volatile

Latest (2024)
1.0%
Change on year
up 248.7%
World rank
168th
of 209 countries
All-time high
10.0%
in 1986
All-time low
-6.6%
in 1975
Years of data
55
1970–2024

GDP growth in Luxembourg, 1970–2024

-50510197019972024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

Luxembourg recorded 1.0% for gdp growth in 2024.

That represents a change of up 248.7% on the previous year and down 60.7% over ten years.

Over the whole period, gdp growth in Luxembourg peaked at 10.0% in 1986 and was at its lowest, -6.6%, in 1975.

Luxembourg ranks 168th of 209 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.8% -6.6% 8.3% 10
1980s 4.6% -0.6% 10.0% 10
1990s 4.7% 1.4% 8.6% 10
2000s 3.3% -3.2% 8.1% 10
2010s 2.5% 1.0% 5.0% 10
2020s 1.1% -1.1% 6.9% 5

Countries ranked near Luxembourg

  1. 165 France 1.2% compare
  2. 166 Czechia 1.1% compare
  3. 167 United Kingdom 1.1% compare
  4. 169 Belgium 1.0% compare
  5. 170 Netherlands 1.0% compare
  6. 171 Sweden 1.0% compare

See the full ranking of 212 places β†’

More population data for Luxembourg

All data for Luxembourg β†’

Frequently asked questions

What is gdp growth in Luxembourg?
Gdp growth in Luxembourg was 1.0% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Luxembourg?
The highest recorded value was 10.0% in 1986.
What is the lowest gdp growth recorded in Luxembourg?
The lowest recorded value was -6.6% in 1975.
How does Luxembourg rank for gdp growth?
Luxembourg ranks 168th out of 209 countries with data for 2024.
Is gdp growth rising or falling in Luxembourg?
Over the last ten years it is down 60.7%. 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 growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Luxembourg. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/luxembourg/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release