Luxembourg Full Year GDP GrowthLuxembourg Full Year GDP GrowthLuxembourg Full Year GDP Growth

Luxembourg Full Year GDP Growth

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
8.20% on Dec 31, 1999
Lowest
−3.20% on Dec 31, 2009

About Luxembourg Full Year GDP Growth


Category
GDP
Source
Frequency
Annual
Units
%
On the expenditure side, external balance of exports and imports is the main component of GDP and accounts for 35 percent of its total use, as exports of goods and services account for 200 percent while imports account for 165 percent. It is followed by household consumption (30 percent of GDP) gross fixed capital formation (18 percent) and government expenditure (17 percent).