Luxembourg Forecast: Real GDP Growth

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about Luxembourg Forecast: Real GDP Growth

  • Luxembourg Real GDP Growth is forecasted to be 1.102 % in Dec 2023 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of 1.549 % in Dec 2022.
  • Looking ahead, Luxembourg Real GDP Growth is projected to stand at 2.287 % in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Luxembourg's Forecast: Real GDP Growth from 1980 to 2028 in the chart:

Luxembourg Forecast: Real GDP Growth

What is Luxembourg's Forecast: Real GDP Growth in 2028?

Luxembourg Real GDP Growth is forecasted to be 1.102 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.287 2028 2.303 2027 -3.239 2009 9.983 1986 % yearly 1980 - 2028

Forecast: Real GDP Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 2.711 2023 yearly 2003 - 2023
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2028 yearly 2001 - 2028
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.100 2028 yearly 1987 - 2028
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 5.114 2029 yearly 1980 - 2029
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.643 2029 yearly 1980 - 2029
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 2.983 2029 yearly 1980 - 2029
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.519 2029 yearly 1980 - 2029
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.432 2029 yearly 1980 - 2029
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.800 2029 yearly 2001 - 2029
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 2.084 2030 yearly 1981 - 2030
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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Luxembourg Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.7 2023 yearly 1995 - 2023
Tax Revenue (USD mn) 25,176.022 2023 yearly 1995 - 2023
Tax Revenue: % of GDP (%) 29.4 2023 yearly 1995 - 2023
National Government Debt (USD mn) 23,262.2 Jun 2024 quarterly Dec 1995 - Jun 2024
Government Debt: % of GDP (%) 26.8 Jun 2024 quarterly Dec 1997 - Jun 2024
Forecast: Government Expenditure (EUR bn) 52.013 2029 yearly 1995 - 2029
Forecast: Government Net Debt (EUR bn) 32.210 2029 yearly 1995 - 2029
Forecast: Government Revenue (EUR bn) 50.231 2029 yearly 1995 - 2029
General Government Debt: Consolidated (EUR mn) 21,718.047 Jun 2024 quarterly Dec 1995 - Jun 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.400 2029 yearly 1987 - 2029
Trade Balance (USD mn) -835.8 Aug 2024 monthly Jan 1988 - Aug 2024
Total Exports (USD mn) 1,259.1 Aug 2024 monthly Jan 1988 - Aug 2024
Total Exports Growth (%) -12.4 Aug 2024 monthly Jan 1989 - Aug 2024
Aluminum: Exports (USD th) 413,397.902 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 88,440.139 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 30,283.048 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,094.9 Aug 2024 monthly Jan 1988 - Aug 2024
Total Imports Growth (%) -10.8 Apr 2023 monthly Jan 1989 - Apr 2023
Imports: Medicament (USD th) 475,818.281 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 147,812.953 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 23.185 Aug 2024 monthly Jan 1988 - Aug 2024
Total Imports from USA (USD mn) 57.740 Aug 2024 monthly Jan 1988 - Aug 2024
Total Exports to China (USD mn) 18.139 Jul 2024 monthly Jan 1997 - Jul 2024
Total Imports from China (USD mn) 214.400 2023 yearly 1993 - 2023
Trade Balance: sa (EUR mn) -758.413 Aug 2024 monthly Jan 1988 - Aug 2024
Imports: sa (EUR mn) 1,901.012 Aug 2024 monthly Jan 1988 - Aug 2024
Exports (EUR mn) 1,026.754 Aug 2024 monthly Jan 1988 - Aug 2024
Exports: sa (EUR mn) 1,142.599 Aug 2024 monthly Jan 1988 - Aug 2024
Total Exports: MoM: sa (%) -6.935 Aug 2024 monthly Jan 1988 - Aug 2024
Total Exports: YoY (%) -13.661 Aug 2024 monthly Jan 1988 - Aug 2024
Total Imports: MoM: sa (%) -10.313 Aug 2024 monthly Jan 1988 - Aug 2024
Total Imports: YoY (%) -6.533 Aug 2024 monthly Jan 1988 - Aug 2024
Exports: Other Manufactured Goods (EUR mn) 167.484 Aug 2024 monthly Jan 1988 - Aug 2024
Exports: Chemicals and Related Products (EUR mn) 141.795 Aug 2024 monthly Jan 1988 - Aug 2024
Exports: Base Metal Products (EUR mn) 160.981 Aug 2024 monthly Jan 1988 - Aug 2024
Exports: Machinery and Equipment (EUR mn) 175.955 Aug 2024 monthly Jan 1988 - Aug 2024
Exports: Transport Equipment (EUR mn) 115.936 Aug 2024 monthly Jan 1988 - Aug 2024
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 150.513 Aug 2024 monthly Jan 1988 - Aug 2024
Exports: America: ow United States of America (EUR mn) 21.039 Aug 2024 monthly Jan 1988 - Aug 2024
Exports: Asia: ow Japan (EUR mn) 5.005 Aug 2024 monthly Jan 1988 - Aug 2024
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 295.966 Aug 2024 monthly Jan 1988 - Aug 2024
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 138.771 Aug 2024 monthly Jan 1988 - Aug 2024
Exports: European Union (EUR mn) 871.522 Aug 2024 monthly Jan 1988 - Aug 2024
Export Value Index (2015=100) 96.991 2021 yearly 1995 - 2021
Import Value Index (2015=100) 110.828 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -21,008.1 Jun 2024 quarterly Mar 2002 - Jun 2024
Current Account Balance (USD mn) 2,694.4 Jun 2024 quarterly Mar 1995 - Jun 2024
Current Account Balance: % of GDP (%) 12.0 Jun 2024 quarterly Mar 1995 - Jun 2024
Foreign Direct Investment (USD mn) -27,181.5 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Direct Investment: % of GDP (%) -120.9 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Portfolio Investment (USD mn) 77,828.282 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 346.3 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 72,142.9 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 5,697.134 Jun 2024 quarterly Mar 2002 - Jun 2024
External Debt (USD mn) 3,789,624.5 Mar 2024 quarterly Dec 2002 - Mar 2024
External Debt: % of GDP (%) 4,321.4 2023 yearly 2002 - 2023
External Debt: Short Term (USD mn) 1,001,506.6 Mar 2024 quarterly Dec 2002 - Mar 2024
External Debt: Short Term: % of GDP (%) 1,146.4 2023 yearly 2002 - 2023
Total Debt: % of GDP (%) 7,301.6 Jun 2024 quarterly Dec 1995 - Jun 2024
Forecast: Current Account Balance (USD bn) 8.028 2029 yearly 1995 - 2029
Net International Investment Position (USD mn) 27,828.231 Jun 2024 quarterly Dec 2002 - Jun 2024
BoP: FA: PI: DS: Liabilities (EUR mn) 5,291.206 Jun 2024 quarterly Mar 2002 - Jun 2024
BoP: FA: Portfolio Investment (PI) (EUR mn) -43,938.479 Jun 2024 quarterly Mar 2002 - Jun 2024
International Investment Position (IIP): Net (EUR mn) 25,980.983 Jun 2024 quarterly Dec 2002 - Jun 2024
IIP: Assets (EUR mn) 12,292,665.537 Jun 2024 quarterly Dec 2002 - Jun 2024
IIP: Liabilities (EUR mn) 12,266,684.554 Jun 2024 quarterly Dec 2002 - Jun 2024
Gross External Debt: General Government: Long Term (EUR mn) 11,255.416 Mar 2024 quarterly Dec 2002 - Mar 2024
Gross External Debt (EUR mn) 3,511,838.111 Mar 2024 quarterly Dec 2002 - Mar 2024
Gross External Debt: General Government: Short Term (EUR mn) 0.000 Mar 2024 quarterly Dec 2002 - Mar 2024
Gross External Debt: General Government (EUR mn) 11,255.416 Mar 2024 quarterly Dec 2002 - Mar 2024
Number of Bankruptcies: NACE 2 (Unit) 935.000 2023 yearly 2000 - 2023
Number of Enterprises: NACE 2: New (Unit) 3,178.000 2020 yearly 2003 - 2020
Number of Enterprises: NACE 2: Active (Unit) 40,997.000 2020 yearly 2003 - 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Household Debt: % of GDP (%) 68.0 Jun 2024 quarterly Dec 1995 - Jun 2024
Money Supply M1 (USD mn) 323,204.999 Sep 2024 monthly Jan 1999 - Sep 2024
Money Supply M2 (USD mn) 425,070.298 Sep 2024 monthly Jan 1999 - Sep 2024
M2 Growth (%) 3.4 Sep 2024 monthly Jan 2000 - Sep 2024
Reserve Requirement Ratio (%) 1.0 Sep 2024 monthly Jan 1999 - Sep 2024
Foreign Exchange Reserves (USD mn) 195.7 Aug 2024 monthly Jan 1999 - Aug 2024
Foreign Exchange Reserves: % of GDP (%) 0.237 Jun 2024 quarterly Mar 1999 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 0.1 Aug 2024 monthly Jan 1999 - Aug 2024
Gold Reserves (USD mn) 181.685 Aug 2024 monthly Jan 1999 - Aug 2024
Total Deposits (USD mn) 867,652.624 Sep 2024 quarterly Mar 2003 - Sep 2024
Total Deposits Growth (%) -0.1 Sep 2024 quarterly Mar 2004 - Sep 2024
Domestic Credit (USD mn) 153,602.2 Jul 2024 monthly Jan 1999 - Jul 2024
Domestic Credit Growth (%) 1.2 Jul 2024 monthly Jan 2000 - Jul 2024
Credit to Households (USD bn) 60.665 Dec 2023 quarterly Mar 1995 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 337.657 Dec 2023 quarterly Mar 1995 - Dec 2023
Household Debt (USD mn) 57,107.4 Mar 2023 quarterly Mar 1995 - Mar 2023
Total Loans (USD mn) 747,362.522 Sep 2024 monthly Jan 2001 - Sep 2024
Total Loans Growth (%) -1.70 Sep 2024 monthly Jan 2002 - Sep 2024
Private Debt: % of Nominal GDP (%) 89.97 Jun 2024 quarterly Mar 1999 - Jun 2024
Money Supply: M3: M2 (EUR bn) 381.400 Sep 2024 monthly Jan 1999 - Sep 2024
Money Supply: M3 (EUR bn) 498.300 Sep 2024 monthly Jan 1999 - Sep 2024
Money Supply: M3: M2: M1 (EUR bn) 290.000 Sep 2024 monthly Jan 1999 - Sep 2024
Money Supply: M3: M2: M1: Currency in Circulation (EUR bn) 3.600 Mar 2019 monthly Jan 1999 - Mar 2019
Official Reserve Assets: Foreign Exchange (EUR mn) 176.957 Aug 2024 monthly Jan 1999 - Aug 2024
Official Reserve Assets (EUR mn) 2,720.790 Aug 2024 monthly Jan 1999 - Aug 2024
Bank Deposits: Domestic (EUR mn) 308,352.800 Sep 2024 monthly Jan 2003 - Sep 2024
Bank Loans: Domestic: Credit Institutions (EUR mn) 150,914.850 Sep 2024 monthly Jan 1999 - Sep 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -2.8 Oct 2024 monthly Jan 1986 - Oct 2024

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