GDP growth (annual %) (UNESCO Institute) in Luxembourg
Luxembourg: GDP growth (annual %) (UNESCO Institute) was 1.0% in 2024. ◆ Volatile
GDP growth in Luxembourg, 1970–2024
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 170th of 212 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Luxembourg, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | 1.8% | — |
| 1971 | 2.7% | +51.6% |
| 1972 | 6.6% | +147.4% |
| 1973 | 8.3% | +26.0% |
| 1974 | 4.2% | -49.3% |
| 1975 | -6.6% | -256.0% |
| 1976 | 2.5% | -138.6% |
| 1977 | 1.6% | -38.1% |
| 1978 | 4.1% | +159.6% |
| 1979 | 2.3% | -42.4% |
| 1980 | 0.8% | -64.2% |
| 1981 | -0.6% | -165.5% |
| 1982 | 1.1% | -305.3% |
| 1983 | 3.0% | +164.2% |
| 1984 | 6.2% | +107.0% |
| 1985 | 2.8% | -54.9% |
| 1986 | 10.0% | +257.6% |
| 1987 | 4.0% | -60.4% |
| 1988 | 8.5% | +114.2% |
| 1989 | 9.8% | +15.8% |
| 1990 | 5.3% | -45.7% |
| 1991 | 8.6% | +62.5% |
| 1992 | 1.8% | -78.9% |
| 1993 | 4.2% | +130.8% |
| 1994 | 3.8% | -9.0% |
| 1995 | 1.4% | -62.5% |
| 1996 | 1.4% | -2.4% |
| 1997 | 5.4% | +287.7% |
| 1998 | 6.7% | +23.1% |
| 1999 | 8.2% | +22.5% |
| 2000 | 6.9% | -15.1% |
| 2001 | 3.1% | -55.7% |
| 2002 | 3.2% | +4.9% |
| 2003 | 2.6% | -18.8% |
| 2004 | 4.2% | +61.6% |
| 2005 | 2.5% | -41.3% |
| 2006 | 6.0% | +142.3% |
| 2007 | 8.1% | +34.6% |
| 2008 | -0.3% | -103.7% |
| 2009 | -3.2% | +979.0% |
| 2010 | 3.8% | -216.1% |
| 2011 | 1.0% | -72.2% |
| 2012 | 1.6% | +58.0% |
| 2013 | 3.2% | +92.2% |
| 2014 | 2.6% | -17.3% |
| 2015 | 2.3% | -13.5% |
| 2016 | 5.0% | +119.3% |
| 2017 | 1.3% | -73.5% |
| 2018 | 1.6% | +22.3% |
| 2019 | 2.7% | +70.6% |
| 2020 | -0.5% | -118.6% |
| 2021 | 6.9% | -1458.6% |
| 2022 | -1.1% | -115.8% |
| 2023 | -0.7% | -36.7% |
| 2024 | 1.0% | -248.7% |
Luxembourg compared with similar countries
- Luxembourg's 1.0% is below the median for high income countries, which is 2.3%, 45% of the median. (83 countries reporting)
- Luxembourg's 1.0% is below the median for Europe & Central Asia, which is 2.3%, 45% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) in Luxembourg changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1458.6% | -0.5% | 6.9% |
| 2009 | -979.0% | -0.3% | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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 170th out of 212 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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release