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

The Luxembourg GDP expanded 1.6 percent on quarter in the three months to June of 2016, recovering from a 1 percent contraction in the previous period, preliminary estimates showed. Household spending rose 1.4 percent (-1.3 percent in Q1), public spending increased 0.9 percent (1.2 percent in Q1) and gross fixed capital formation jumped 5.6 percent (0.3 percent in Q1). In addition, both exports (1.9 percent from -1.2 percent in Q1) and imports (2.3 percent from -1.8 percent in Q1) recovered. Year-on-year, the economy advanced 4.4 percent. GDP Growth Rate in Luxembourg averaged 0.92 percent from 1995 until 2016, reaching an all time high of 7.90 percent in the first quarter of 2000 and a record low of -5.90 percent in the fourth quarter of 2008.

Luxembourg GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-24 11:00 AM Q4 1.1% 1.2% 0.2%
2016-06-24 09:00 AM Q1 0.7% 1.5% 0.8%
2016-10-17 10:00 AM Q2 1.6% -1% 1.2%
2017-01-12 11:00 AM Q3
2017-03-24 11:00 AM Q4
2017-06-23 09:00 AM Q1




Luxembourg GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.60 -1.00 7.90 -5.90 percent [+]
GDP Annual Growth Rate 4.40 3.00 11.80 -8.90 percent [+]
GDP 57.79 64.87 64.87 0.70 USD Billion [+]
GDP Constant Prices 11952.50 11598.70 12192.10 7479.00 EUR Million [+]
Gross Fixed Capital Formation 2502.20 2321.50 2563.50 1159.00 EUR Million [+]
GDP per capita 106408.57 103923.89 110001.05 27087.20 USD [+]
GDP per capita PPP 93552.60 91368.11 96711.05 56437.29 USD [+]



Luxembourg GDP Growth Rate Notes

The economy of Luxembourg is dependent on the banking, steel, and industrial sectors and the country has one of the highest GDP per capita in the world. 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 -1.00 7.90 -5.90 1995 - 2016 percent Quarterly



Last
Nigeria 8.99 Sep/16
Bangladesh 7.05 Dec/16
Venezuela 6.80 Dec/13
Vietnam 6.40 Sep/16
Angola 4.90 Dec/15
Egypt 4.90 Mar/16
Cape Verde 4.50 Dec/14
Morocco 4.50 Dec/15
Pakistan 4.24 Dec/15
Algeria 4.00 Dec/14
Macedonia 3.90 Mar/14
United Arab Emirates 3.90 Dec/15
South Africa 3.30 Jun/16
Indonesia 3.20 Sep/16
United States 3.20 Sep/16
Sri Lanka 2.60 Jun/16
Paraguay 2.50 Jun/16
Qatar 2.50 Jun/16
Iceland 2.10 Jun/16
Peru 2.00 Sep/16
China 1.80 Sep/16
Kenya 1.80 Jun/16
Costa Rica 1.75 Mar/16
Jamaica 1.60 Jun/16
Luxembourg 1.60 Jun/16
El Salvador 1.55 Dec/15
Malaysia 1.50 Sep/16
Tanzania 1.50 Sep/10
India 1.40 Jun/16
Mongolia 1.40 Jun/16
Saudi Arabia 1.40 Jun/16
Uganda 1.40 Jun/16
Kazakhstan 1.26 Dec/13
Bahrain 1.20 Jun/16
Philippines 1.20 Sep/16
Mexico 1.00 Sep/16
Slovenia 1.00 Sep/16
Taiwan 0.96 Sep/16
Albania 0.90 Jun/16
Canada 0.90 Sep/16
New Zealand 0.90 Jun/16
Bulgaria 0.80 Sep/16
Greece 0.80 Sep/16
Israel 0.80 Sep/16
Portugal 0.80 Sep/16
Cyprus 0.70 Sep/16
Netherlands 0.70 Sep/16
Slovakia 0.70 Sep/16
Spain 0.70 Sep/16
Chile 0.60 Sep/16
Ecuador 0.60 Jun/16
Ghana 0.60 Jun/16
Hong Kong 0.60 Sep/16
Ireland 0.60 Jun/16
Moldova 0.60 Jun/16
Romania 0.60 Sep/16
South Korea 0.60 Sep/16
Thailand 0.60 Sep/16
Australia 0.50 Jun/16
Bosnia and Herzegovina 0.50 Jun/16
Croatia 0.50 Jun/16
Japan 0.50 Sep/16
Sweden 0.50 Sep/16
United Kingdom 0.50 Sep/16
Austria 0.40 Sep/16
Denmark 0.40 Sep/16
European Union 0.40 Sep/16
Finland 0.40 Sep/16
Ukraine 0.40 Sep/16
Cameroon 0.30 Mar/16
Colombia 0.30 Sep/16
Euro Area 0.30 Sep/16
Italy 0.30 Sep/16
Turkey 0.30 Jun/16
Belgium 0.20 Sep/16
Czech Republic 0.20 Sep/16
Estonia 0.20 Sep/16
France 0.20 Sep/16
Germany 0.20 Sep/16
Hungary 0.20 Sep/16
Latvia 0.20 Sep/16
Malta 0.20 Jun/16
Mozambique 0.20 Sep/16
Poland 0.20 Sep/16
Tunisia 0.20 Sep/16
Lithuania 0.10 Sep/16
Belize 0.05 Jun/16
Serbia 0.00 Jun/16
Switzerland 0.00 Sep/16
Uruguay 0.00 Jun/16
Mauritius -0.50 Jun/16
Norway -0.50 Sep/16
Bolivia -0.56 Mar/16
Russia -0.57 Sep/15
Brazil -0.80 Sep/16
Botswana -1.30 Jun/16
Rwanda -1.40 Jun/16
Dominican Republic -1.67 Mar/16
Singapore -2.00 Sep/16
Argentina -2.10 Jun/16
Senegal -2.50 Jun/16
Trinidad And Tobago -3.90 Mar/16
Namibia -6.20 Jun/16