Luxembourg GDP Growth Rate  1995-2016 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Luxembourg expanded 0.90 percent in the third quarter of 2015 over the previous quarter. GDP Growth Rate in Luxembourg averaged 0.92 percent from 1995 until 2015, reaching an all time high of 7.90 percent in the first quarter of 2000 and a record low of -5.80 percent in the fourth quarter of 2008. GDP Growth Rate in Luxembourg is reported by the STATEC, Luxembourg.

Luxembourg GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.40 7.90 -5.80 1995 - 2015 percent Quarterly
Luxembourg has historically featured solid growth, low inflation, and low unemployment but it suffered from the global economic crisis and turmoil in the world financial markets and lower global demand during 2008-09 prompted the government to inject capital into the banking sector and implement stimulus measures to boost the economy. Nevertheless, the government budget showed a 0.6 percent surplus in 2014 and a public debt of 23.6 percent of GDP, one of the lowest among European countries (surpassed by Estonia). 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). This page provides - Luxembourg GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-07-16 11:00 AM Q4 2.2% 2.2%(R) 1.58%
2015-10-12 11:00 AM Q2 -0.9% -0.3% 0.6%
2016-01-12 11:00 AM Q3 0.9% 1.4% 0.7%
2016-03-24 11:00 AM Q4 0.9% 0.2%
2016-06-24 10:00 AM Q1 0.68%
2016-09-22 10:00 AM Q2 1.12%

Luxembourg GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.90 1.40 7.90 -5.80 percent [+]
GDP Annual Growth Rate 5.40 6.20 11.80 -8.30 percent [+]
GDP 64.87 61.79 64.87 0.70 USD Billion [+]
GDP Constant Prices 11246.60 11138.10 11596.90 4586.40 EUR Million [+]
Gross Fixed Capital Formation 2418.80 2183.70 2475.40 762.60 EUR Million [+]
GDP per capita 79511.21 79782.42 86129.38 21355.58 USD [+]
GDP per capita PPP 88850.00 89153.06 96245.49 56921.93 USD [+]




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Nigeria 9.19 Sep/15
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Saudi Arabia 3.60 Sep/15
Qatar 2.80 Sep/15
Cameroon 2.00 Jun/15
Philippines 2.00 Dec/15
India 1.90 Sep/15
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Norway 1.80 Sep/15
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Tanzania 1.50 Sep/10
Trinidad And Tobago 1.50 Sep/15
Ireland 1.40 Sep/15
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Croatia 1.30 Sep/15
Turkey 1.30 Sep/15
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Colombia 1.20 Sep/15
Estonia 1.20 Dec/15
Malta 1.12 Sep/15
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Hungary 1.00 Dec/15
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Thailand 1.00 Sep/15
Albania 0.94 Sep/15
Australia 0.90 Sep/15
Ghana 0.90 Jun/15
Hong Kong 0.90 Sep/15
Luxembourg 0.90 Sep/15
New Zealand 0.90 Sep/15
Bulgaria 0.80 Dec/15
Spain 0.80 Dec/15
Sweden 0.80 Sep/15
Czech Republic 0.70 Sep/15
Iceland 0.70 Sep/15
Malaysia 0.70 Sep/15
South Africa 0.70 Sep/15
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Canada 0.60 Sep/15
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Ukraine 0.50 Sep/15
United Kingdom 0.50 Dec/15
Chile 0.40 Sep/15
Cyprus 0.40 Dec/15
Slovenia 0.40 Sep/15
Austria 0.30 Dec/15
Bahrain 0.30 Sep/15
Belgium 0.30 Dec/15
Euro Area 0.30 Dec/15
European Union 0.30 Dec/15
Germany 0.30 Dec/15
Japan 0.30 Sep/15
Netherlands 0.30 Dec/15
Uganda 0.28 Sep/15
Dominican Republic 0.20 Sep/15
France 0.20 Dec/15
Portugal 0.20 Dec/15
Bosnia and Herzegovina 0.10 Sep/15
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Italy 0.10 Dec/15
Tunisia 0.10 Sep/15
Switzerland 0.00 Sep/15
Latvia -0.01 Dec/15
Finland -0.10 Dec/15
Ecuador -0.30 Jun/15
Taiwan -0.30 Sep/15
Denmark -0.40 Sep/15
Serbia -0.40 Sep/15
Russia -0.57 Sep/15
Greece -0.60 Dec/15
Jamaica -1.20 Sep/15
Belize -1.40 Sep/15
Brazil -1.70 Sep/15
Indonesia -1.83 Dec/15
Moldova -2.50 Sep/15
Botswana -3.70 Sep/15
Bolivia -9.72 Jun/15