Overview
Discussions Key data points
Last release
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Observation period
2023
Next release
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Forecast
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Highest
85.76 B USD on Dec 31, 2023
Lowest
700.00 M USD on Dec 31, 1961
About Luxembourg GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Related indicators
Frequently Asked Questions
One of the ways to count Luxembourg GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Luxembourg GDP was 85.76 B USD, and the previous year it amounted to 81.64 B USD.
Luxembourg GDP accounts for 0.08% of the world GDP.
GDP per capita is gross domestic product divided by a country's population. In 2023 Luxembourg GDP per capita was 106.00 K USD, and in 2022 it amounted to 109.71 K USD.
Last quarter Luxembourg real GDP amounted to 16.06 B EUR, the quarter before that it was 16.12 B EUR.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Luxembourg GDP has ever reached is 85.76 B USD.
The lowest ever value Luxembourg GDP has reached is 700 M USD.