Luxembourg Labour Force Participation Rate

2000 - 2023 | Yearly | % | CEIC Data

Key information about Luxembourg Labour Force Participation Rate

  • Luxembourg Labour Force Participation Rate increased to 55.1 % in Dec 2023, compared with 54.9 % in the previous year.
  • Luxembourg Labour Force Participation Rate is updated yearly, available from Dec 2000 to Dec 2023, with an average rate of 54.8 % .
  • The data reached the an all-time high of 55.5 % in Dec 2013 and a record low of 53.7 % in Dec 2000.
  • Luxembourg Labour Force Participation Rate is reported by reported by CEIC Data.
  • In the latest reports, Luxembourg Population reached 0.7 million people in Dec 2023.
  • Unemployment Rate of Luxembourg increased to 5.9 % in Nov 2024.
  • The country's Monthly Earnings stood at 6,790.6 USD in Dec 2023.

View Luxembourg's Labour Force Participation Rate from 2000 to 2023 in the chart:

Luxembourg Labour Force Participation Rate

What was Luxembourg's Labour Force Participation Rate in 2023?

Luxembourg Labour Force Participation Rate increased to 55.1 % in Dec 2023, compared with 54.9 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
55.1 2023 54.9 2022 53.7 2000 55.5 2013 % yearly 2000 - 2023

Labour Force Participation Rate by Country Comparison

country/region Last Frequency Range
Albania (%) 63.9 Dec 2023 quarterly Mar 2012 - Dec 2023
Algeria (%) 41.7 2018 yearly 2003 - 2018
Argentina (%) 60.8 2023 yearly 1990 - 2023
Armenia (%) 60.4 Jun 2024 quarterly Mar 2008 - Jun 2024
Australia (%) 67.6 Dec 2024 monthly Feb 1978 - Dec 2024
Austria (%) 77.1 Jun 2022 quarterly Mar 2021 - Jun 2022
Azerbaijan (%) 70.2 2023 yearly 1990 - 2023
Bahrain (%) 71.9 2023 yearly 1990 - 2023
Bangladesh (%) 58.2 2023 yearly 1990 - 2023
Belarus (%) 86.8 2022 yearly 1995 - 2022
Belgium (%) 71.1 Sep 2024 quarterly Mar 1999 - Sep 2024
Bolivia (%) 77.7 Sep 2022 quarterly Dec 2015 - Sep 2022
Bosnia and Herzegovina (%) 47.8 2023 yearly 2006 - 2023
Botswana (%) 64.5 2023 yearly 1990 - 2023
Brazil (%) 62.6 Nov 2024 monthly Mar 2012 - Nov 2024
Brunei (%) 64.3 2023 yearly 1990 - 2023
Bulgaria (%) 55.5 Jun 2024 quarterly Jun 2000 - Jun 2024
Cambodia (%) 87.4 2020 yearly 2020 - 2020
Canada (%) 64.6 Dec 2024 monthly Jan 1976 - Dec 2024
Chile (%) 61.6 Nov 2024 monthly Mar 2009 - Nov 2024
China (%) 66.4 2023 yearly 1990 - 2023
Colombia (%) 63.9 Oct 2024 monthly Jan 2001 - Oct 2024
Croatia (%) 54.1 Sep 2024 quarterly Mar 2007 - Sep 2024
Cyprus (%) 65.7 Sep 2024 quarterly Jun 1999 - Sep 2024
Czech Republic (%) 60.6 Sep 2024 quarterly Mar 1993 - Sep 2024
Denmark (%) 73.4 Nov 2024 monthly Jan 2007 - Nov 2024
Ecuador (%) 65.5 Sep 2024 quarterly Dec 2013 - Sep 2024
Egypt (%) 43.4 2023 yearly 2009 - 2023
Estonia (%) 66.9 Sep 2024 quarterly Mar 2000 - Sep 2024
European Union (%) 75.6 2022 yearly 1990 - 2022
Finland (%) 67.2 Nov 2024 monthly May 2004 - Nov 2024
France (%) 74.8 Sep 2024 quarterly Mar 2003 - Sep 2024
Georgia (%) 53.3 2023 yearly 1998 - 2023
Germany (%) 56.0 Jun 2024 quarterly Mar 2007 - Jun 2024
Ghana (%) 68.8 2023 yearly 1990 - 2023
Greece (%) 59.8 Nov 2024 monthly Jan 2004 - Nov 2024
Hong Kong SAR, China (%) 56.9 Nov 2024 monthly Dec 1981 - Nov 2024
Hungary (%) 68.3 Sep 2024 quarterly Mar 2009 - Sep 2024
Iceland (%) 78.0 Nov 2024 monthly Jan 2003 - Nov 2024
India (%) 42.4 2023 yearly 1990 - 2023
Indonesia (%) 70.6 Aug 2024 semiannually Feb 2005 - Aug 2024
Iran (%) 41.0 Dec 2022 quarterly Jun 2018 - Dec 2022
Ireland (%) 66.6 Sep 2024 quarterly Mar 1998 - Sep 2024
Israel (%) 62.4 Nov 2024 monthly Jan 2012 - Nov 2024
Italy (%) 66.1 Nov 2024 monthly Jan 2004 - Nov 2024
Ivory Coast (%) 64.4 2023 yearly 1990 - 2023
Japan (%) 63.5 Nov 2024 monthly Jan 1968 - Nov 2024
Jordan (%) 39.4 2023 yearly 1990 - 2023
Kazakhstan (%) 68.4 Sep 2024 quarterly Jun 2001 - Sep 2024
Kenya (%) 73.7 2023 yearly 1990 - 2023
South Korea (%) 63.9 Dec 2024 monthly Jun 1999 - Dec 2024
Kosovo (%) 42.3 Dec 2023 quarterly Mar 2016 - Dec 2023
Kuwait (%) 71.5 2023 yearly 1990 - 2023
Kyrgyzstan (%) 58.7 2023 yearly 1994 - 2023
Laos (%) 59.6 2023 yearly 1990 - 2023
Latvia (%) 68.8 Sep 2024 quarterly Mar 2002 - Sep 2024
Lebanon (%) 45.5 2023 yearly 1990 - 2023
Lithuania (%) 64.0 Sep 2024 quarterly Jun 1998 - Sep 2024
Luxembourg (%) 55.1 2023 yearly 2000 - 2023
Macau SAR, China (%) 68.0 Nov 2024 monthly Sep 1996 - Nov 2024
North Macedonia (%) 52.1 Jun 2024 quarterly Mar 2023 - Jun 2024
Malawi (%) 69.0 2023 yearly 1990 - 2023
Malaysia (%) 70.5 Nov 2024 monthly Jan 2010 - Nov 2024
Malta (%) 82.9 Sep 2024 quarterly Mar 2018 - Sep 2024
Mauritius (%) 58.5 Sep 2024 quarterly Mar 2004 - Sep 2024
Mexico (%) 60.0 Nov 2024 monthly Jan 2005 - Nov 2024
Moldova (%) 45.5 Sep 2024 quarterly Mar 2015 - Sep 2024
Mongolia (%) 63.0 Sep 2024 quarterly Sep 2006 - Sep 2024
Montenegro (%) 64.5 Sep 2024 quarterly Mar 2008 - Sep 2024
Morocco (%) 43.6 Sep 2024 quarterly Mar 1999 - Sep 2024
Mozambique (%) 79.0 2023 yearly 1990 - 2023
Myanmar (%) 60.7 2023 yearly 1991 - 2023
Nepal (%) 40.5 2023 yearly 1990 - 2023
Netherlands (%) 73.2 Dec 2024 monthly Jan 2003 - Dec 2024
New Zealand (%) 71.0 Sep 2024 quarterly Mar 1986 - Sep 2024
Nigeria (%) 59.1 2023 yearly 1990 - 2023
Norway (%) 65.3 2023 yearly 1989 - 2023
Oman (%) 68.3 2023 yearly 1990 - 2023
Pakistan (%) 32.3 2021 yearly 1990 - 2021
Palestinian Territory (%) 45.6 Jun 2024 quarterly Jun 2002 - Jun 2024
Panama (%) 62.4 2023 yearly 2003 - 2023
Paraguay (%) 70.0 Sep 2024 quarterly Mar 2017 - Sep 2024
Peru (%) 72.4 2022 yearly 2001 - 2022
Philippines (%) 63.3 Oct 2024 quarterly Jul 2003 - Oct 2024
Poland (%) 58.3 Jun 2024 quarterly Mar 2010 - Jun 2024
Portugal (%) 60.3 Sep 2024 quarterly Mar 2011 - Sep 2024
Qatar (%) 87.7 2023 yearly 2006 - 2023
Romania (%) 52.7 Jun 2024 quarterly Mar 1996 - Jun 2024
Russia (%) 68.4 Feb 2024 monthly Aug 2009 - Feb 2024
Saudi Arabia (%) 61.7 Mar 2023 quarterly Jun 2016 - Mar 2023
Serbia (%) 56.4 Sep 2024 quarterly Mar 2014 - Sep 2024
Slovakia (%) 61.6 Jun 2024 quarterly Mar 2021 - Jun 2024
Slovenia (%) 58.7 Sep 2024 quarterly Mar 2008 - Sep 2024
South Africa (%) 60.2 Sep 2024 quarterly Mar 2008 - Sep 2024
Spain (%) 58.5 Dec 2024 quarterly Mar 2021 - Dec 2024
Sri Lanka (%) 46.6 Sep 2024 quarterly Mar 2004 - Sep 2024
Sudan (%) 47.6 2023 yearly 1990 - 2023
Sweden (%) 73.8 Nov 2024 monthly Apr 2005 - Nov 2024
Switzerland (%) 67.6 Sep 2024 quarterly Mar 2010 - Sep 2024
Syria (%) 38.7 2023 yearly 1990 - 2023

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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) 24,343.2 Sep 2024 quarterly Dec 1995 - Sep 2024
Government Debt: % of GDP (%) 26.6 Sep 2024 quarterly Dec 1997 - Sep 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) 21,842.266 Sep 2024 quarterly Dec 1995 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.400 2029 yearly 1987 - 2029
Trade Balance (USD mn) -726.2 Oct 2024 monthly Jan 1988 - Oct 2024
Total Exports (USD mn) 1,371.9 Oct 2024 monthly Jan 1988 - Oct 2024
Total Exports Growth (%) -1.2 Oct 2024 monthly Jan 1989 - Oct 2024
Aluminum: Exports (USD th) 413,397.902 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 128,091.639 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 26,657.616 2023 yearly 1995 - 2023
Total Imports (USD mn) 2,098.1 Oct 2024 monthly Jan 1988 - Oct 2024
Total Imports Growth (%) -10.8 Apr 2023 monthly Jan 1989 - Apr 2023
Imports: Medicament (USD th) 565,025.761 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 534,366.476 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 48.608 Oct 2024 monthly Jan 1988 - Oct 2024
Total Imports from USA (USD mn) 79.234 Oct 2024 monthly Jan 1988 - Oct 2024
Total Exports to China (USD mn) 16.480 Sep 2024 monthly Jan 1997 - Sep 2024
Total Imports from China (USD mn) 214.400 2023 yearly 1993 - 2023
Trade Balance: sa (EUR mn) -666.562 Oct 2024 monthly Jan 1988 - Oct 2024
Exports (EUR mn) 1,294.590 Oct 2024 monthly Jan 1988 - Oct 2024
Imports: sa (EUR mn) 1,925.737 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: sa (EUR mn) 1,259.175 Oct 2024 monthly Jan 1988 - Oct 2024
Total Exports: MoM: sa (%) 5.990 Oct 2024 monthly Feb 1988 - Oct 2024
Total Exports: YoY (%) -1.144 Oct 2024 monthly Jan 1989 - Oct 2024
Total Imports: MoM: sa (%) -0.218 Nov 2024 monthly Feb 1988 - Nov 2024
Total Imports: YoY (%) -1.143 Nov 2024 monthly Jan 1989 - Nov 2024
Exports: Other Manufactured Goods (EUR mn) 201.768 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: Chemicals and Related Products (EUR mn) 163.719 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: Transport Equipment (EUR mn) 152.817 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: Machinery and Equipment (EUR mn) 204.463 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: Base Metal Products (EUR mn) 260.729 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 204.596 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 315.411 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 180.777 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: America: ow United States of America (EUR mn) 44.615 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: Asia: ow Japan (EUR mn) 5.019 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: European Union (EUR mn) 1,058.485 Oct 2024 monthly Jan 1988 - Oct 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) -26,869.6 Sep 2024 quarterly Mar 2002 - Sep 2024
Current Account Balance (USD mn) 2,429.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Current Account Balance: % of GDP (%) 10.8 Sep 2024 quarterly Mar 1995 - Sep 2024
Foreign Direct Investment (USD mn) -26,861.8 Sep 2024 quarterly Mar 2002 - Sep 2024
Foreign Direct Investment: % of GDP (%) -119.8 Sep 2024 quarterly Mar 2002 - Sep 2024
Foreign Portfolio Investment (USD mn) 22,177.781 Sep 2024 quarterly Mar 2002 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 98.9 Sep 2024 quarterly Mar 2002 - Sep 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) 3,929,684.1 Sep 2024 quarterly Dec 2002 - Sep 2024
External Debt: % of GDP (%) 4,446.8 2023 yearly 2002 - 2023
External Debt: Short Term (USD mn) 1,088,503.7 Sep 2024 quarterly Dec 2002 - Sep 2024
External Debt: Short Term: % of GDP (%) 1,154.1 2023 yearly 2002 - 2023
Total Debt: % of GDP (%) 7,257.0 Sep 2024 quarterly Dec 1995 - Sep 2024
Forecast: Current Account Balance (USD bn) 8.028 2029 yearly 1995 - 2029
Net International Investment Position (USD mn) 34,398.299 Sep 2024 quarterly Dec 2002 - Sep 2024
BoP: FA: PI: DS: Liabilities (EUR mn) 8,816.544 Sep 2024 quarterly Mar 2002 - Sep 2024
BoP: FA: Portfolio Investment (PI) (EUR mn) 13,000.226 Sep 2024 quarterly Mar 2002 - Sep 2024
IIP: Assets (EUR mn) 12,362,751.139 Sep 2024 quarterly Dec 2002 - Sep 2024
IIP: Liabilities (EUR mn) 12,331,886.806 Sep 2024 quarterly Dec 2002 - Sep 2024
International Investment Position (IIP): Net (EUR mn) 30,864.333 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government: Long Term (EUR mn) 11,545.953 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt (EUR mn) 3,525,961.513 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government (EUR mn) 11,545.953 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government: Short Term (EUR mn) 0.000 Sep 2024 quarterly Dec 2002 - Sep 2024
Number of Bankruptcies: NACE 2 (Unit) 935.000 2023 yearly 2000 - 2023
Number of Enterprises: NACE 2: Active (Unit) 40,997.000 2020 yearly 2003 - 2020
Number of Enterprises: NACE 2: New (Unit) 3,178.000 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 (%) 64.5 Sep 2024 quarterly Dec 1995 - Sep 2024
Money Supply M1 (USD mn) 316,199.060 Nov 2024 monthly Jan 1999 - Nov 2024
Money Supply M2 (USD mn) 413,969.750 Nov 2024 monthly Jan 1999 - Nov 2024
M2 Growth (%) 4.7 Nov 2024 monthly Jan 2000 - Nov 2024
Reserve Requirement Ratio (%) 1.0 Nov 2024 monthly Jan 1999 - Nov 2024
Foreign Exchange Reserves (USD mn) 43.7 Nov 2024 monthly Jan 1999 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 0.220 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 0.1 Oct 2024 monthly Jan 1999 - Oct 2024
Gold Reserves (USD mn) 191.603 Nov 2024 monthly Jan 1999 - Nov 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) 153,629.7 Oct 2024 monthly Jan 1999 - Oct 2024
Domestic Credit Growth (%) 1.9 Oct 2024 monthly Jan 2000 - Oct 2024
Credit to Households (USD bn) 58.915 Jun 2024 quarterly Mar 1995 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 403.186 Jun 2024 quarterly Mar 1995 - Jun 2024
Household Debt (USD mn) 57,107.4 Mar 2023 quarterly Mar 1995 - Mar 2023
Total Loans (USD mn) 728,325.195 Nov 2024 monthly Jan 2001 - Nov 2024
Total Loans Growth (%) -0.59 Nov 2024 monthly Jan 2002 - Nov 2024
Private Debt: % of Nominal GDP (%) 88.31 Sep 2024 quarterly Mar 1999 - Sep 2024
Money Supply: M3 (EUR bn) 527.600 Nov 2024 monthly Jan 1999 - Nov 2024
Money Supply: M3: M2 (EUR bn) 392.500 Nov 2024 monthly Jan 1999 - Nov 2024
Money Supply: M3: M2: M1: Currency in Circulation (EUR bn) 3.600 Mar 2019 monthly Jan 1999 - Mar 2019
Money Supply: M3: M2: M1 (EUR bn) 299.800 Nov 2024 monthly Jan 1999 - Nov 2024
Official Reserve Assets: Foreign Exchange (EUR mn) 41.459 Nov 2024 monthly Jan 1999 - Nov 2024
Official Reserve Assets (EUR mn) 2,672.320 Nov 2024 monthly Jan 1999 - Nov 2024
Bank Deposits: Domestic (EUR mn) 314,598.500 Nov 2024 monthly Jan 2003 - Nov 2024
Bank Loans: Domestic: Credit Institutions (EUR mn) 146,209.030 Nov 2024 monthly Jan 1999 - Nov 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 5.2 Dec 2024 monthly Jan 1986 - Dec 2024

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