Luxembourg GDP

The Gross Domestic Product (GDP) in Luxembourg was worth 57.12 billion US dollars in 2012. The GDP value of Luxembourg represents 0.09 percent of the world economy. GDP in Luxembourg is reported by the The World Bank Group. From 1960 until 2012, Luxembourg GDP averaged 15.6 USD Billion reaching an all time high of 59.2 USD Billion in December of 2011 and a record low of 0.7 USD Billion in December of 1960. 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. This page provides - Luxembourg GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
57.12 59.20 59.20 0.70 55.81 | 2014/06 1960 - 2012 USD Billion Yearly

TO

Luxembourg GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP Growth Rate 0.70 2013-12-31 0.20 7.90 -5.70 0.67 2014-03-31 Percent [+]
GDP Annual Growth Rate 2.40 2013-12-31 2.70 11.70 -9.50 3.65 2014-03-31 Percent [+]
GDP Constant Prices 8908.30 2013-11-15 8333.60 8908.30 4586.40 8784.79 2014-06-30 EUR Million [+]
Gross Fixed Capital Formation 1577.40 2013-11-15 2163.40 2412.30 762.60 1750.59 2014-03-31 EUR Million [+]
GDP per capita 79168.61 2012-12-31 80914.91 87716.73 21355.05 76634.92 2014-06-30 USD [+]
GDP per capita PPP 66807.96 2012-12-31 68281.60 74021.46 27389.18 64669.86 2014-06-30 USD [+]
GDP 57.12 2012-12-31 59.20 59.20 0.70 55.81 2014-06-30 USD Billion [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Luxembourg Bankruptcies at 1049.00 Companies  
Bankruptcies in Luxembourg decreased to 1049 Companies in 2013 from 1050 Companies in 2012. Bankruptcies in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Business Confidence at 91.80  
Business Confidence in Luxembourg decreased to 91.80 in March of 2014 from 93.20 in February of 2014. Business Confidence in Luxembourg is reported by the European Commission.
Luxembourg Capacity Utilization at 67.70 Percent  
Capacity Utilization in Luxembourg increased to 67.70 percent in the first quarter of 2014 from 65.80 percent in the fourth quarter of 2013. Capacity Utilization in Luxembourg is reported by the European Commission.
Luxembourg Car Registrations at 4773.00 Cars  
Car Registrations in Luxembourg increased to 4773 Cars in March of 2014 from 4123 Cars in February of 2014. Car Registrations in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Changes in Inventories at 0.53 EUR Billion  
Changes in Inventories in Luxembourg decreased to 0.53 EUR Billion in 2013 from 1.12 EUR Billion in 2012. Changes in Inventories in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Construction Output at 24.80 Percent  
Construction output in Luxembourg increased 24.80 percent in January of 2014 over the same month in the previous year. Construction Output in Luxembourg is reported by the Eurostat.
Luxembourg Consumer Price Index (CPI) at 121.43 Index Points  
Consumer Price Index (CPI) in Luxembourg decreased to 121.43 Index Points in March of 2014 from 121.45 Index Points in February of 2014. Consumer Price Index (CPI) in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Consumer Spending at 2976.30 EUR Million  
Consumer Spending in Luxembourg increased to 2976.30 EUR Million in the fourth quarter of 2013 from 2822.60 EUR Million in the third quarter of 2013. Consumer Spending in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Employed Persons at 392067.00  
The number of employed persons in Luxembourg increased to 392067 in March of 2014 from 389072 in February of 2014. Employed Persons in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg GDP Constant Prices at 8908.30 EUR Million  
GDP Constant Prices in Luxembourg increased to 8908.30 EUR Million in the fourth quarter of 2013 from 8333.60 EUR Million in the third quarter of 2013. GDP Constant Prices in Luxembourg is reported by the STATEC, Luxembourg.
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