Luxembourg Forecast: Unemployment Rate
1980 - 2028 | Yearly | % | International Monetary Fund
Key information about Luxembourg Unemployment Rate Forecast
- Luxembourg Unemployment Rate is forecasted to be 5.421 % in Dec 2024 as reported by International Monetary Fund
- It records no change from the last reported number of 5.078 % in Dec 2023
- Looking ahead, Luxembourg Unemployment Rate is projected to stand at 5.606 % in Dec 2028
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate
View Luxembourg's Forecast: Unemployment Rate from 1980 to 2028 in the chart:
What is Luxembourg's Forecast: Unemployment Rate in 2028?
Luxembourg Unemployment Rate is forecasted to be 5.421 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 5.606 2028 | 5.606 2027 | 0.723 1980 | 7.092 2014 | % | yearly | 1980 - 2028 |
Forecast: Unemployment Rate by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 0.000 | yearly | - |
| Albania (%) | 11.000 2028 | yearly | 1980 - 2028 |
| Algeria (%) | 11.383 2019 | yearly | 1980 - 2019 |
| Andorra (%) | 1.675 2028 | yearly | 2010 - 2028 |
| Angola (%) | 0.000 | yearly | - |
| Antigua and Barbuda (%) | 0.000 | yearly | - |
| Argentina (%) | 7.000 2029 | yearly | 1980 - 2029 |
| Armenia (%) | 14.000 2029 | yearly | 2001 - 2029 |
| Aruba (%) | 5.091 2026 | yearly | 1991 - 2026 |
| Australia (%) | 4.591 2029 | yearly | 1980 - 2029 |
| Austria (%) | 5.179 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 5.218 2029 | yearly | 2000 - 2029 |
| Bahamas (%) | 9.190 2028 | yearly | 1986 - 2028 |
| Bahrain (%) | 7.700 2022 | yearly | 2007 - 2022 |
| Bangladesh (%) | 0.000 | yearly | - |
| Barbados (%) | 9.718 2028 | yearly | 1981 - 2028 |
| Belarus (%) | 2.898 2029 | yearly | 1993 - 2029 |
| Belgium (%) | 5.391 2029 | yearly | 1980 - 2029 |
| Belize (%) | 2.800 2028 | yearly | 1990 - 2028 |
| Benin (%) | 0.000 | yearly | - |
| Bhutan (%) | 3.500 2023 | yearly | 2003 - 2023 |
| Bolivia (%) | 5.200 2029 | yearly | 2000 - 2029 |
| Bosnia and Herzegovina (%) | 13.300 2029 | yearly | 1995 - 2029 |
| Botswana (%) | 0.000 | yearly | - |
| Brazil (%) | 7.652 2029 | yearly | 1991 - 2029 |
| Brunei (%) | 4.900 2029 | yearly | 2011 - 2029 |
| Bulgaria (%) | 4.200 2028 | yearly | 1989 - 2028 |
| Burkina Faso (%) | 0.000 | yearly | - |
| Burundi (%) | 0.000 | yearly | - |
| Cambodia (%) | 0.000 | yearly | - |
| Cameroon (%) | 0.000 | yearly | - |
| Canada (%) | 5.959 2029 | yearly | 1980 - 2029 |
| Cape Verde (%) | 8.500 2028 | yearly | 1980 - 2028 |
| Central African Republic (%) | 0.000 | yearly | - |
| Chad (%) | 0.000 | yearly | - |
| Chile (%) | 7.500 2029 | yearly | 1980 - 2029 |
| China (%) | 5.100 2029 | yearly | 2017 - 2029 |
| Colombia (%) | 8.678 2029 | yearly | 1980 - 2029 |
| Comoros (%) | 0.000 | yearly | - |
| Congo (%) | 0.000 | yearly | - |
| Costa Rica (%) | 9.000 2026 | yearly | 1980 - 2026 |
| Croatia (%) | 5.504 2029 | yearly | 1991 - 2029 |
| Cyprus (%) | 5.481 2028 | yearly | 1982 - 2028 |
| Czech Republic (%) | 2.300 2028 | yearly | 1995 - 2028 |
| Democratic Republic of Congo (%) | 0.000 | yearly | - |
| Denmark (%) | 5.000 2028 | yearly | 1980 - 2028 |
| Djibouti (%) | 0.000 | yearly | - |
| Dominica (%) | 0.000 | yearly | - |
| Dominican Republic (%) | 6.000 2029 | yearly | 1991 - 2029 |
| Ecuador (%) | 3.500 2028 | yearly | 1988 - 2028 |
| Egypt (%) | 6.679 2028 | yearly | 1990 - 2028 |
| El Salvador (%) | 5.500 2029 | yearly | 1988 - 2029 |
| Equatorial Guinea (%) | 0.000 | yearly | - |
| Eritrea (%) | 0.000 | yearly | - |
| Estonia (%) | 7.313 2029 | yearly | 1993 - 2029 |
| Swaziland (%) | 25.000 2016 | yearly | 1995 - 2016 |
| Ethiopia (%) | 0.000 | yearly | - |
| Fiji (%) | 4.500 2029 | yearly | 1986 - 2029 |
| Finland (%) | 7.100 2028 | yearly | 1980 - 2028 |
| France (%) | 6.663 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 0.000 | yearly | - |
| Gambia (%) | 0.000 | yearly | - |
| Georgia (%) | 17.516 2028 | yearly | 1996 - 2028 |
| Germany (%) | 2.963 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 0.000 | yearly | - |
| Greece (%) | 9.000 2028 | yearly | 1980 - 2028 |
| Grenada (%) | 0.000 | yearly | - |
| Guatemala (%) | 0.000 | yearly | - |
| Guinea (%) | 0.000 | yearly | - |
| Guinea-Bissau (%) | 0.000 | yearly | - |
| Guyana (%) | 0.000 | yearly | - |
| Haiti (%) | 0.000 | yearly | - |
| Honduras (%) | 8.000 2029 | yearly | 1980 - 2029 |
| Hong Kong SAR, China (%) | 2.424 2029 | yearly | 1980 - 2029 |
| Hungary (%) | 3.689 2029 | yearly | 1980 - 2029 |
| Iceland (%) | 4.000 2029 | yearly | 1980 - 2029 |
| India (%) | 0.000 | yearly | - |
| Indonesia (%) | 5.100 2028 | yearly | 1984 - 2028 |
| Iran (%) | 9.779 2028 | yearly | 1990 - 2028 |
| Iraq (%) | 0.000 | yearly | - |
| Ireland (%) | 4.507 2028 | yearly | 1985 - 2028 |
| Israel (%) | 4.000 2029 | yearly | 1980 - 2029 |
| Italy (%) | 8.250 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 0.000 | yearly | - |
| Jamaica (%) | 8.375 2021 | yearly | 1980 - 2021 |
| Japan (%) | 2.300 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 22.850 2022 | yearly | 1984 - 2022 |
| Kazakhstan (%) | 4.775 2028 | yearly | 1994 - 2028 |
| Kenya (%) | 0.000 | yearly | - |
| Kiribati (%) | 0.000 | yearly | - |
| South Korea (%) | 3.100 2029 | yearly | 1980 - 2029 |
| Kosovo (%) | 12.575 2022 | yearly | 2012 - 2022 |
| Kuwait (%) | 2.200 2028 | yearly | 2002 - 2028 |
| Kyrgyzstan (%) | 9.014 2028 | yearly | 1994 - 2028 |
| Laos (%) | 0.000 | yearly | - |
| Latvia (%) | 6.284 2029 | yearly | 1992 - 2029 |
| Lebanon (%) | 0.000 | yearly | - |
| Lesotho (%) | 0.000 2015 | yearly | 2000 - 2015 |
| Liberia (%) | 0.000 | yearly | - |
| Libya (%) | 0.000 | yearly | - |
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Includes 216 key indicators for Luxembourg, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.3 2023 | yearly | 1995 - 2023 |
| Tax Revenue (USD mn) | 24,967.814 2023 | yearly | 1995 - 2023 |
| Tax Revenue: % of GDP (%) | 29.1 2023 | yearly | 1995 - 2023 |
| National Government Debt (USD mn) | 22,520.6 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Government Debt: % of GDP (%) | 25.7 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
| Forecast: Government Expenditure (EUR bn) | 51.850 2029 | yearly | 1995 - 2029 |
| Forecast: Government Net Debt (EUR bn) | 32.310 2029 | yearly | 1995 - 2029 |
| Forecast: Government Revenue (EUR bn) | 50.255 2029 | yearly | 1995 - 2029 |
| General Government Debt: Consolidated (EUR mn) | 20,358.500 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.400 2028 | yearly | 1987 - 2028 |
| Trade Balance (USD mn) | -682.8 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Total Exports (USD mn) | 1,278.2 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Total Exports Growth (%) | -16.2 Mar 2024 | monthly | Jan 1989 - Mar 2024 |
| Aluminum: Exports (USD th) | 548,752.894 2022 | yearly | 1995 - 2022 |
| 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) | 1,961.0 Mar 2024 | monthly | Jan 1988 - Mar 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) | 46.227 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Total Imports from USA (USD mn) | 49.725 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Total Exports to China (USD mn) | 22.349 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
| Total Imports from China (USD mn) | 214.400 2023 | yearly | 1993 - 2023 |
| Trade Balance: sa (EUR mn) | -628.180 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports (EUR mn) | 1,320.746 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports: sa (EUR mn) | 1,175.852 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Imports: sa (EUR mn) | 1,804.031 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Imports (EUR mn) | 2,022.904 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Total Exports: MoM: sa (%) | -7.308 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Total Imports: YoY (%) | -17.113 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Total Exports: YoY (%) | -14.362 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Total Imports: MoM: sa (%) | -10.476 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports: Chemicals and Related Products (EUR mn) | 173.825 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports: Transport Equipment (EUR mn) | 171.730 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports: Base Metal Products (EUR mn) | 255.420 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports: Machinery and Equipment (EUR mn) | 245.097 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports: Other Manufactured Goods (EUR mn) | 189.064 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports: European Union (EUR mn) | 1,045.247 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports: European Union: ow European Monetary Union: ow France (EUR mn) | 210.887 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) | 312.678 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports: Asia: ow Japan (EUR mn) | 4.727 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) | 172.201 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Exports: America: ow United States of America (EUR mn) | 42.527 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Imports: Chemicals and Related Products (EUR mn) | 258.508 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Imports: Food Products and Live Animals (EUR mn) | 190.770 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Imports: Machinery and Equipment (EUR mn) | 328.347 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Imports: Mineral Fuels and Lubricants (EUR mn) | 249.806 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Imports: Transport Equipment (EUR mn) | 354.989 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Imports: European Union: ow European Monetary Union: ow Belgium (EUR mn) | 692.385 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Imports: European Union: ow European Monetary Union: ow France (EUR mn) | 273.984 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Imports: European Union (EUR mn) | 1,886.082 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Imports: America: ow United States of America (EUR mn) | 45.745 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Imports: European Union: ow European Monetary Union: ow Germany (EUR mn) | 572.018 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Imports: Asia: ow Japan (EUR mn) | 20.166 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -155,563.1 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Current Account Balance (USD mn) | 1,576.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Current Account Balance: % of GDP (%) | 7.0 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Foreign Direct Investment (USD mn) | -131,420.3 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | -584.6 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Foreign Portfolio Investment (USD mn) | -25,997.080 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | -115.6 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -10,771.4 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -10,542.166 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| External Debt (USD mn) | 3,791,246.5 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| External Debt: % of GDP (%) | 4,321.4 2023 | yearly | 2002 - 2023 |
| External Debt: Short Term (USD mn) | 1,005,773.8 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| External Debt: Short Term: % of GDP (%) | 1,146.4 2023 | yearly | 2002 - 2023 |
| Total Debt: % of GDP (%) | 7,053.4 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Forecast: Current Account Balance (USD bn) | 4.708 2028 | yearly | 1995 - 2028 |
| Net International Investment Position (USD mn) | 29,674.752 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| BoP: FA: PI: DS: Liabilities (EUR mn) | -9,805.725 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| BoP: FA: Portfolio Investment (PI) (EUR mn) | 26,070.164 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| IIP: Liabilities (EUR mn) | 11,640,779.399 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| International Investment Position (IIP): Net (EUR mn) | 26,825.847 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| IIP: Assets (EUR mn) | 11,667,605.247 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| Gross External Debt: General Government: Short Term (EUR mn) | 0.000 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| Gross External Debt (EUR mn) | 3,427,270.343 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| Gross External Debt: General Government: Long Term (EUR mn) | 11,354.486 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| Gross External Debt: General Government (EUR mn) | 11,354.486 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| 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 (%) | 69.2 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Money Supply M1 (USD mn) | 302,687.551 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Money Supply M2 (USD mn) | 400,238.192 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| M2 Growth (%) | -3.5 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Reserve Requirement Ratio (%) | 1.0 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 203.7 Apr 2024 | monthly | Jan 1999 - Apr 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 0.224 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.1 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Gold Reserves (USD mn) | 166.310 Apr 2024 | monthly | Jan 1999 - Apr 2024 |
| Total Deposits (USD mn) | 839,584.802 Mar 2024 | quarterly | Mar 2003 - Mar 2024 |
| Total Deposits Growth (%) | -0.9 Mar 2024 | quarterly | Mar 2004 - Mar 2024 |
| Domestic Credit (USD mn) | 152,098.8 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
| Domestic Credit Growth (%) | -6.1 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Credit to Households (USD bn) | 57.797 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 322.629 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
| Household Debt (USD mn) | 57,107.4 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Total Loans (USD mn) | 728,587.821 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Total Loans Growth (%) | -4.79 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Private Debt: % of Nominal GDP (%) | 93.17 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Money Supply: M3 (EUR bn) | 467.300 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Money Supply: M3: M2 (EUR bn) | 370.900 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Money Supply: M3: M2: M1 (EUR bn) | 280.500 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Money Supply: M3: M2: M1: Currency in Circulation (EUR bn) | 3.600 Mar 2019 | monthly | Jan 1999 - Mar 2019 |
| Official Reserve Assets (EUR mn) | 2,769.531 Apr 2024 | monthly | Jan 1999 - Apr 2024 |
| Official Reserve Assets: Foreign Exchange (EUR mn) | 190.618 Apr 2024 | monthly | Jan 1999 - Apr 2024 |
| Bank Deposits: Domestic (EUR mn) | 312,154.100 Mar 2024 | monthly | Jan 2003 - Mar 2024 |
| Bank Loans: Domestic: Credit Institutions (EUR mn) | 170,535.656 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -1.1 Apr 2024 | monthly | Jan 1986 - Apr 2024 |
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