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;

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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)	3,478.659 Sep 2024	quarterly	Mar 1995 - Sep 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 (%)	4.729 Sep 2024	quarterly	Mar 1996 - Sep 2024
Private Consumption Expenditure (USD mn)	7,410.312 Sep 2024	quarterly	Mar 1995 - Sep 2024
Private Consumption: % of GDP (%)	31.2 Sep 2022	quarterly	Mar 1995 - Sep 2022
Public Consumption Expenditure (USD mn)	4,580.023 Sep 2024	quarterly	Mar 1995 - Sep 2024
Public Consumption: % of GDP (%)	19.2 Sep 2024	quarterly	Mar 1995 - Sep 2024
Real GDP Growth (%)	-2.2 Dec 2022	quarterly	Mar 1996 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%)	399.556 Sep 2024	quarterly	Mar 1995 - Sep 2024
Gross National Product (GNP) (USD mn)	55,825.453 2023	yearly	1960 - 2023

Production	Last	Frequency	Range
Industrial Production Index Growth (%)	-0.9 Sep 2024	monthly	Jan 2011 - Sep 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 HICP: OG: Insurance (2005=100)	114.54 Dec 2015	monthly	Jan 1995 - Dec 2015
Luxembourg HICP: OG: Other Financial Services (2005=100)	115.70 Dec 2015	monthly	Jan 1995 - Dec 2015
Luxembourg IPPI: Domestic Market (2000=100)	161.39 Dec 2008	monthly	Jan 2000 - Dec 2008
Luxembourg IPPI: Euro Area Market (2000=100)	145.93 Dec 2008	monthly	Jan 2000 - Dec 2008
Luxembourg IPPI: Non Euro Area Market (2000=100)	146.83 Dec 2008	monthly	Jan 2000 - Dec 2008
Luxembourg Employment: Domestic: Paid Employees (Person)	419,738.00 Apr 2018	monthly	Jan 1995 - Apr 2018
Luxembourg IPPI: Mfg: Beverages and Tobacco Products (2005=100)	111.99 Dec 2012	monthly	Jan 2005 - Dec 2012
Luxembourg IPPI: Mfg: Wood (2005=100)	114.11 Dec 2012	monthly	Jan 2005 - Dec 2012
Luxembourg IPPI: Mfg: Paper and Printing (2005=100)	127.62 Dec 2012	monthly	Jan 2005 - Dec 2012
Luxembourg IPPI: Mfg: Rubber and Plastic Products (2005=100)	127.62 Dec 2012	monthly	Jan 2005 - Dec 2012
Luxembourg IPPI: Mfg: Other Non Metallic Mineral Products: ow Construction Mater... (2005=100)	116.07 Dec 2012	monthly	Jan 2005 - Dec 2012
Luxembourg IPPI: Mfg: Non Ferrous Metals and Metals Casting (2005=100)	115.27 Dec 2012	monthly	Jan 2005 - Dec 2012
Luxembourg IPPI: Mfg: Fabricated Metal Products Manufacture excl Machinery and E... (2005=100)	117.23 Dec 2012	monthly	Jan 2005 - Dec 2012
Luxembourg LU: Population Projection: Mid Year (Person)	864,238.00 2050	yearly	1950 - 2050
Luxembourg LU: Exports: % of GDP (%)	187.80 2016	yearly	2002 - 2016
Luxembourg LU: Imports: % of GDP (%)	154.50 2016	yearly	2002 - 2016
Luxembourg LU: Current Account: % of GDP (%)	4.80 2016	yearly	2002 - 2016
Luxembourg LU: Final Consumption Expenditure: % of GDP (%)	45.60 2016	yearly	1996 - 2016
Luxembourg LU: Gross Capital Formation: % of GDP (%)	18.00 2016	yearly	1996 - 2016
Luxembourg Industrial Turnover Index: excl Iron and Steel Industry (2005=100)	98.21 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg Industrial Turnover Index: Mining, Quarrying and Related Support Serv... (2005=100)	153.65 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg Industrial Turnover Index: Wood and Wooden Products (2005=100)	114.14 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg Industrial Turnover Index: Paper, Cardboard and Printing (2005=100)	28.45 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg Industrial Turnover Index: Chemical and Pharmaceutical (2005=100)	82.37 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg Industrial Turnover Index: Rubber Products (2005=100)	104.95 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg Industrial Turnover Index: Plastic Products (2005=100)	109.54 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg Industrial Turnover Index: Glass, Ceramic and Refractory Products (2005=100)	65.59 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg Industrial Turnover Index: Building Materials and Abrasive Products (2005=100)	141.31 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg Industrial Turnover Index: Iron and Steel Industry (2005=100)	111.02 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg Industrial Turnover Index: First Steel and Non Ferrous Metal Foundry ... (2005=100)	114.16 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg Industrial Turnover Index: Fabricated Metal Products excl Machinery a... (2005=100)	76.98 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg Industrial Turnover Index: Computer, Electronic, Optical and Electric... (2005=100)	73.50 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg IPI: Vehicles and Other Manufacturing Industries (2005=100)	77.27 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg Industrial Turnover Index: Vehicles and Other Manufacturing Industrie... (2005=100)	92.62 Jun 2013	monthly	Jan 2008 - Jun 2013
Luxembourg LU: Nominal Effective Exchange Rate Index: From INS (2010=100)	101.48 2017	yearly	1979 - 2017
Luxembourg LU: Real Effective Exchange Rate Index: Based on Consumer Price Index (2010=100)	100.33 2017	yearly	1979 - 2017
Luxembourg LU: International Liquidity: International Reserves (XDR mn)	616.62 2017	yearly	1984 - 2017
Luxembourg LU: International Liquidity: Gold: Volume (Fine Troy oz mn)	0.07 2017	yearly	1950 - 2017
Luxembourg LU: International Liquidity: Gold (USD mn)	93.42 2017	yearly	1957 - 2017
Luxembourg LU: International Liquidity: Special Drawing Rights (USD mn)	349.79 2017	yearly	1945 - 2017
Luxembourg LU: IMF Account: Fund Position: SDRs (XDR mn)	245.62 2017	yearly	1945 - 2017
Luxembourg LU: IMF Account: Fund Position: Allocations of SDRs to Date (XDR mn)	246.62 2017	yearly	1945 - 2017
Luxembourg LU: IMF Account: Fund Position: SDR Holdings: % of Allocation (% pa)	99.59 2017	yearly	1970 - 2017
Luxembourg LU: International Liquidity: Reserve Position in the Fund (USD mn)	261.48 2017	yearly	1945 - 2017
Luxembourg LU: IMF Account: Fund Position: Reserve Position in the Fund (XDR mn)	183.61 2017	yearly	1945 - 2017
Luxembourg LU: International Liquidity: Foreign Exchange (USD mn)	173.46 2017	yearly	1984 - 2017
Luxembourg LU: International Liquidity: Foreign Exchange: of which Financial Der... (USD mn)	0.00 2016	yearly	1999 - 2016
Luxembourg LU: International Liquidity: Memo: Non Euro Claims on Euro Area Count... (USD mn)	1,409.00 2016	yearly	1999 - 2016
Luxembourg LU: International Liquidity: Other Reserve Assets (USD mn)	0.00 2017	yearly	1999 - 2017
Luxembourg LU: International Liquidity: Total Reserves Minus Gold (USD mn)	784.73 2017	yearly	1984 - 2017
Luxembourg LU: IMF Account: Fund Position: Lending to the Fund (XDR mn)	54.50 2017	yearly	1945 - 2017
Luxembourg LU: IMF Account: Fund Position: UFC: Outstanding Loans: Structural Ad... (XDR mn)	0.00 2017	yearly	1945 - 2017
Luxembourg LU: IMF Account: Fund Position: UFC: General Resources Account (XDR mn)	0.00 2017	yearly	1945 - 2017
Luxembourg LU: IMF Account: Fund Position: Quota (XDR mn)	1,321.80 2017	yearly	1945 - 2017
Luxembourg LU: IMF Account: Fund Position: Currency Holdings: % of Quota (% pa)	90.23 2017	yearly	1945 - 2017
Luxembourg LU: IMF Account: Fund Position: Fund Holdings of Currency (XDR mn)	1,192.71 2017	yearly	1945 - 2017
Luxembourg LU: IMF Account: Fund Position: Use of Fund Credit (UFC) (XDR mn)	0.00 2017	yearly	1945 - 2017
Luxembourg LU: IMF Account: Fund Position: UFC: % of Quota (% pa)	0.00 2017	yearly	1945 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Claims on Nonresidents (EUR mn)	197,580.69 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Foreign Assets: Net (EUR mn)	182,590.83 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Claims on Central Government (EUR mn)	1,785.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Euro Area Wide Residency: Claims on Cent... (EUR mn)	2,321.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Claims on Central Government: Net (EUR mn)	976.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Euro Area Wide Residency: Claims on Cent... (EUR mn)	1,512.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Claims on Other Depository Corporations (EUR mn)	5,666.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Claims on Other Eurosystem: Net (EUR mn)	192,279.00 2017	yearly	1999 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Euro Area Wide Residency: Claims on Othe... (EUR mn)	8,807.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Claims on Other Sectors (EUR mn)	2,761.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Euro Area Wide Residency: Claims on Othe... (EUR mn)	2,995.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Liabilities to Other Depository Corporat... (EUR mn)	92,219.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Euro Area Wide Residency: Liabilities to... (EUR mn)	92,219.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Liabilities to Other Sectors included in... (EUR mn)	155.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Euro Area Wide Residency: Liabilities to... (EUR mn)	1,994.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Euro Area Wide Residency: Deposits inclu... (EUR mn)	0.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Euro Area Wide Residency: Securities Oth... (EUR mn)	0.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Liabilities to Nonresidents (EUR mn)	14,989.86 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Liabilities to Central Government (EUR mn)	809.00 2017	yearly	2001 - 2017
Luxembourg LU: Central Bank: MFSM 2000: Euro Area Wide Residency: Liabilities to... (EUR mn)	809.00 2017	yearly	1999 - 2017
Luxembourg LU: Other Depository Corporations: MFSM 2000: Claims on Nonresidents (EUR mn)	778,129.00 2017	yearly	2001 - 2017
Luxembourg LU: Other Depository Corporations: MFSM 2000: Foreign Assets: Net (EUR mn)	159,234.00 2017	yearly	2001 - 2017
Luxembourg LU: Other Depository Corporations: MFSM 2000: Claims on Central Gover... (EUR mn)	2,644.00 2017	yearly	2001 - 2017
Luxembourg LU: Other Depository Corporations: MFSM 2000: Euro Area Wide Residenc... (EUR mn)	34,390.00 2017	yearly	2001 - 2017
Luxembourg LU: Other Depository Corporations: MFSM 2000: Claims on Central Gover... (EUR mn)	-2,296.00 2017	yearly	2001 - 2017
Luxembourg LU: Other Depository Corporations: MFSM 2000: Euro Area Wide Residenc... (EUR mn)	29,311.00 2017	yearly	2001 - 2017
Luxembourg LU: Other Depository Corporations: MFSM 2000: Claims on Other Sectors (EUR mn)	105,688.00 2017	yearly	2001 - 2017
Luxembourg LU: Other Depository Corporations: MFSM 2000: Euro Area Wide Residenc... (EUR mn)	225,333.00 2017	yearly	2001 - 2017
Luxembourg LU: Other Depository Corporations: MFSM 2000: Transferable Deposits i... (EUR mn)	192,021.00 2017	yearly	2001 - 2017
Luxembourg LU: Other Depository Corporations: MFSM 2000: Euro Area Wide Residenc... (EUR mn)	226,001.00 2017	yearly	2001 - 2017
Luxembourg LU: Other Depository Corporations: MFSM 2000: Other Deposits included... (EUR mn)	33,128.00 2017	yearly	2001 - 2017
Luxembourg LU: Other Depository Corporations: MFSM 2000: Euro Area Wide Residenc... (EUR mn)	132,192.00 2017	yearly	2001 - 2017
Luxembourg Number of Motor Vehicles: New Registrations: Buses and Coaches (Unit)	17.00 Apr 2018	monthly	Jan 2007 - Apr 2018
Luxembourg Number of Motor Vehicles: New Registrations: Vans (Unit)	437.00 Apr 2018	monthly	Jan 2007 - Apr 2018
Luxembourg LU: Other Depository Corporations: MFSM 2000: Euro Area Wide Residenc... (EUR mn)	-26,466.00 2017	yearly	2001 - 2017
Luxembourg Number of Motor Vehicles: New Registrations: Trucks (Unit)	25.00 Apr 2018	monthly	Jan 2007 - Apr 2018
Luxembourg Number of Motor Vehicles: New Registrations: Tractors (Unit)	65.00 Apr 2018	monthly	Jan 2007 - Apr 2018
Luxembourg Number of Motor Vehicles: New Registrations: Special Vehicles (Unit)	65.00 Apr 2018	monthly	Jan 2007 - Apr 2018
Luxembourg Number of Motor Vehicles: New Registrations: Agricultural Tractors (Unit)	18.00 Apr 2018	monthly	Jan 2007 - Apr 2018
Luxembourg Number of Motor Vehicles: New Registrations: Agricultural Machinery (Unit)	7.00 Apr 2018	monthly	Jan 2007 - Apr 2018
Luxembourg Number of Motor Vehicles: New Registrations: Others (Unit)	43.00 Apr 2018	monthly	Jan 2007 - Apr 2018
Luxembourg LU: Other Depository Corporations: MFSM 2000: Liabilities to Nonresid... (EUR mn)	618,895.00 2017	yearly	2001 - 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