Luxembourg LU: GDP: USD: Gross Value Added at Basic Price

1970 - 2023 | Yearly | USD mn | World Bank

Luxembourg LU: GDP: USD: Gross Value Added at Basic Price data was reported at 78.295 USD bn in 2023. This records an increase from the previous number of 74.312 USD bn for 2022. Luxembourg LU: GDP: USD: Gross Value Added at Basic Price data is updated yearly, averaging 18.407 USD bn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 78.295 USD bn in 2023 and a record low of 1.202 USD bn in 1970. Luxembourg LU: GDP: USD: Gross Value Added at Basic Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at basic prices (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at basic prices is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

View Luxembourg's Luxembourg LU: GDP: USD: Gross Value Added at Basic Price from 1970 to 2023 in the chart:

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Luxembourg Luxembourg LU: GDP: USD: Gross Value Added at Basic Price

What was Luxembourg's Luxembourg LU: GDP: USD: Gross Value Added at Basic Price in 2023?

Last	Previous	Min	Max	Unit	Frequency	Range
78,294.993 2023	74,311.576 2022	1,201.920 1970	78,294.993 2023	USD mn	yearly	1970 - 2023

Related Indicators for Luxembourg LU: GDP: USD: Gross Value Added at Basic Price

Related indicators	Last	Frequency	Range
Luxembourg LU: GDP: USD: Gross Value Added at Basic Price (USD mn)	78,294.993 2023	yearly	1970 - 2023
Luxembourg LU: Gross National Income: Linked Series (EUR mn)	54,493.474 2023	yearly	1990 - 2023
Luxembourg LU: GDP: Final Consumption Expenditure: Households and NPISHs: Linked... (EUR mn)	23,730.478 2022	yearly	1990 - 2022
Luxembourg LU: GDP: Linked Series (EUR mn)	77,529.000 2022	yearly	1990 - 2022
Luxembourg LU: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry... (USD mn)	196.386 2023	yearly	1995 - 2023
Luxembourg LU: GDP: USD: Gross Value Added at Basic Price: Industry (including C... (USD mn)	8,980.221 2023	yearly	1995 - 2023
Luxembourg LU: GDP: Gross Value Added at Basic Prices (EUR mn)	72,410.307 2023	yearly	1970 - 2023

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Luxembourg Key Series

National Accounts	Last	Frequency	Range
Forecast: GDP PPP Per Capita (PPP Intl $)	169,008.744 2029	yearly	1980 - 2029
Forecast: Nominal GDP Per Capita (USD)	155,203.765 2029	yearly	1980 - 2029
Forecast: Real GDP Growth (%)	2.287 2028	yearly	1980 - 2028
GDP Deflator Growth (%)	7.0 Sep 2022	quarterly	Mar 1996 - Sep 2022
GDP per Capita (USD)	132,485.619 2021	yearly	1995 - 2021
Gross Fixed Capital Formation (USD mn)	3,800.886 Jun 2024	quarterly	Mar 1995 - Jun 2024
Gross Savings Rate (%)	52.5 Sep 2022	quarterly	Mar 1995 - Sep 2022
Investment: % of GDP (%)	15.6 Sep 2022	quarterly	Mar 1995 - Sep 2022
Nominal GDP (USD mn)	22,027.3 Mar 2023	quarterly	Mar 1995 - Mar 2023
Nominal GDP Growth (%)	2.967 Jun 2024	quarterly	Mar 1996 - Jun 2024
Private Consumption Expenditure (USD mn)	7,129.531 Jun 2024	quarterly	Mar 1995 - Jun 2024
Private Consumption: % of GDP (%)	31.2 Sep 2022	quarterly	Mar 1995 - Sep 2022
Public Consumption Expenditure (USD mn)	4,400.120 Jun 2024	quarterly	Mar 1995 - Jun 2024
Public Consumption: % of GDP (%)	18.9 Jun 2024	quarterly	Mar 1995 - Jun 2024
Real GDP Growth (%)	-2.2 Dec 2022	quarterly	Mar 1996 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%)	388.449 Jun 2024	quarterly	Mar 1995 - Jun 2024
Gross National Product (GNP) (USD mn)	54,914.989 2022	yearly	1960 - 2022

Production	Last	Frequency	Range
Industrial Production Index Growth (%)	-11.5 Aug 2024	monthly	Jan 2011 - Aug 2024

Sales, Orders, Inventory & Shipments	Last	Frequency	Range
New Orders Growth (%)	-17.8 Feb 2013	monthly	Jan 2006 - Feb 2013

Construction and Properties	Last	Frequency	Range
Building Permits (Unit)	234.000 Mar 2023	monthly	Jan 1992 - Mar 2023
House Prices Growth (%)	-8.3 Jun 2024	quarterly	Mar 2008 - Jun 2024
Nominal Residential Property Price Index (2010=100)	201.395 Mar 2024	quarterly	Mar 2007 - Mar 2024
Nominal Residential Property Price Index Growth (%)	-8.291 Jun 2024	quarterly	Mar 2008 - Jun 2024
Real Residential Property Price Index (2010=100)	151.361 Mar 2024	quarterly	Mar 2007 - Mar 2024
Real Residential Property Price Index Growth (%)	-10.440 Jun 2024	quarterly	Mar 2008 - Jun 2024

Government and Public Finance	Last	Frequency	Range
Consolidated Fiscal Balance: % of GDP (%)	-0.7 2023	yearly	1995 - 2023
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
Government Debt: % of GDP (%)	26.8 Jun 2024	quarterly	Dec 1997 - Jun 2024
National Government Debt (USD mn)	23,262.2 Jun 2024	quarterly	Dec 1995 - Jun 2024
Tax Revenue (USD mn)	25,176.022 2023	yearly	1995 - 2023
Consolidated Fiscal Balance (%)	-0.696 2023	yearly	1995 - 2023
Tax Revenue: % of GDP (%)	29.4 2023	yearly	1995 - 2023

More Indicators for Luxembourg

Indicators	Last	Frequency	Range
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: CIS: Aze... (USD mn)	15.83 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: CIS: Bel... (USD mn)	4.20 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: Emerging... (USD mn)	0.93 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: CIS: Geo... (USD mn)	0.69 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: CIS: Kaz... (USD mn)	6.93 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: CIS: Kyr... (USD mn)	0.22 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: Emerging... (USD mn)	24.19 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: CIS: Mol... (USD mn)	1.07 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: CIS: Rus... (USD mn)	174.52 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: CIS: Taj... (USD mn)	0.00 2017	yearly	1999 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Emerging and Dev... (USD mn)	241.89 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: CIS: Tur... (USD mn)	1.90 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: CIS: Ukr... (USD mn)	14.52 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: CIS: Uzb... (USD mn)	0.82 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Other Countries Not Elsewhere Classified: Cuba (USD mn)	0.10 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Advanced Economies: Czech Republic (USD mn)	207.22 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Advanced Economies: Slovak Republic (USD mn)	53.74 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Advanced Economies: Estonia (USD mn)	7.92 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Advanced Economies: Latvia (USD mn)	7.24 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: Emerging... (USD mn)	6.53 2017	yearly	2005 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: Emerging... (USD mn)	0.39 2017	yearly	2005 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: Emerging... (USD mn)	91.69 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Advanced Economies: Lithuania (USD mn)	23.33 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Emerging and Dev... (USD mn)	0.09 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Other Countries Not Elsewhere Classified: North Kor... (USD mn)	0.10 2013	yearly	1997 - 2013
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: Emerging... (USD mn)	9.35 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Advanced Economies: Slovenia (USD mn)	44.25 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: Emerging... (USD mn)	1.11 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: Emerging... (USD mn)	0.65 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: Emerging... (USD mn)	338.76 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: Emerging... (USD mn)	0.26 2017	yearly	2005 - 2017
Luxembourg LU: Exports: fob: Emerging and Developing Economies: Europe: Emerging... (USD mn)	77.34 2017	yearly	1997 - 2017
Luxembourg LU: Exports: fob: European Union (USD mn)	13,164.98 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: World (USD mn)	22,569.77 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: United States (USD mn)	1,286.44 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: United Kingdom (USD mn)	310.06 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Austria (USD mn)	153.10 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Belgium (USD mn)	7,207.82 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Denmark (USD mn)	55.48 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: France (USD mn)	2,524.65 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Germany (USD mn)	5,611.42 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Italy (USD mn)	499.49 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Netherlands (USD mn)	1,095.47 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Norway (USD mn)	5.58 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Sweden (USD mn)	89.62 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Switzerland (USD mn)	137.38 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Canada (USD mn)	106.65 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Japan (USD mn)	585.49 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Europe (USD mn)	418.96 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Finland (USD mn)	27.42 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Greece (USD mn)	12.95 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Iceland (USD mn)	0.11 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Ireland (USD mn)	166.90 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Malta (USD mn)	0.68 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Portugal (USD mn)	68.33 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Spain (USD mn)	253.49 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Europe: Emerging... (USD mn)	19.42 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Australia (USD mn)	5.79 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: New Zealand (USD mn)	0.04 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Sub-Saharan Afri... (USD mn)	9.34 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	1.82 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.04 2017	yearly	2000 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	23.00 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.16 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.36 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	2001 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	2.57 2017	yearly	1999 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	2.13 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	2002 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	2002 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	1999 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	892.43 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	1999 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	1999 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	2000 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.05 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.02 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.56 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	2000 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	2000 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	1999 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	68.51 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2016	yearly	1999 - 2016
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2009	yearly	2002 - 2009
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.03 2010	yearly	1997 - 2010
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2012	yearly	2009 - 2012
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.06 2016	yearly	2009 - 2016
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	2000 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2012	yearly	1997 - 2012
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	2017 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	2004 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2016	yearly	1997 - 2016
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.03 2017	yearly	2001 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.00 2017	yearly	1999 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Middle East, Nor... (USD mn)	0.00 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Cyprus (USD mn)	12.72 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Middle East, Nor... (USD mn)	0.10 2017	yearly	1997 - 2017
Luxembourg LU: Imports: cif: Emerging and Developing Economies: Middle East, Nor... (USD mn)	0.01 2017	yearly	2001 - 2017
Luxembourg LU: Imports: cif: Advanced Economies: Israel (USD mn)	17.53 2017	yearly	1997 - 2017

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National Accounts

ESA 1995: GDP: by Expenditure: Chain Linked 2000 Price ESA 2010: Funds by Sector: General Government: Stock ESA 2010: Funds by Sector: Non Financial Corporations: Stock ESA 2010: GDP: by Expenditure: Chain Linked 2005 Price: Annual ESA 2010: GDP: by Expenditure: Current Price ESA 2010: GDP: by Expenditure: Current Price: Seasonally Adjusted ESA 2010: GDP: by Industry: Chain Linked 2005 Price: Seasonally Adjusted ESA 2010: GDP Deflator: Seasonally Adjusted Funds by Sector: ESA 2010: Flow: Households & NPISHs Funds by Sector: ESA 2010: Stock: Households & NPISHs Gross Domestic Product: Annual Growth Rate Gross Domestic Product: by Expenditure: Quarterly Gross Domestic Product: Deflator and Volume Index: Quarterly Gross Domestic Product: Purchasing Power Parity Gross Domestic Product: Share of GDP

Contribution to GDP ESA 1995: GDP: by Expenditure: Chain Linked 2000 Price: Annual ESA 2010: Funds by Sector: Households & NPISHs: Stock ESA 2010: GDP: by Expenditure: Chain Linked 2005 Price ESA 2010: GDP: by Expenditure: Chain Linked 2005 Price: Seasonally Adjusted ESA 2010: GDP: by Expenditure: Current Price: Annual ESA 2010: GDP: by Industry: Chain Linked 2005 Price ESA 2010: GDP: by Industry: Current Price ESA 2010: GDP Per Capita Funds by Sector: ESA 2010: Stock: General Government Funds by Sector: ESA 2010: Stock: Non Financial Corporations Gross Domestic Product: by Expenditure: Annual Gross Domestic Product: Deflator and Volume Index: Annual Gross Domestic Product: Nominal Gross Domestic Product: Real