Luxembourg GDP Growth Rate 1995-2014 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Luxembourg expanded 0.70 percent in the second quarter of 2014 over the previous quarter. GDP Growth Rate in Luxembourg averaged 0.83 Percent from 1995 until 2014, reaching an all time high of 7.90 Percent in the first quarter of 2000 and a record low of -5.50 Percent in the fourth quarter of 2008. GDP Growth Rate in Luxembourg is reported by the STATEC, Luxembourg.

   
  Forecast  

Luxembourg GDP Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.80 7.90 -5.50 1995 - 2014 percent Quarterly
Luxembourg is a stable, high-income economy, benefiting from its proximity to France, Belgium, and Germany, has historically featured solid growth, low inflation, and low unemployment. The industrial sector, initially dominated by steel, has become increasingly diversified to include chemicals, rubber, and other products. Growth in the financial sector, which now accounts for about 28% of GDP, has more than compensated for the decline in steel. This page provides - Luxembourg GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Luxembourg GDP Growth Rate - was last refreshed on Sunday, November 23, 2014.

Calendar GMT Event Actual Previous Consensus Forecast (i)
2013-10-08 11:30 AM
GDP Growth Rate QoQ  Q2 2013
1.6% -0.6% (R) 0.05%
2014-04-09 10:00 AM
GDP Growth Rate QoQ  Q4 2013
0.7% 0.2% -0.49%
2014-07-01 11:00 AM
GDP Growth Rate QoQ  Q1 2014
0.8% 1.0% (R) 0.67%


Luxembourg GDP Last Previous Highest Lowest Unit
GDP 60.38 55.14 60.38 0.70 USD Billion [+]
GDP Growth Rate 0.70 0.80 7.90 -5.50 percent [+]
GDP Annual Growth Rate 3.20 3.80 11.80 -9.40 percent [+]
GDP Constant Prices 9065.50 8831.20 9065.50 4586.40 EUR Million [+]
GDP per capita 77840.50 77971.30 87716.73 21355.05 USD [+]
Gross Fixed Capital Formation 1294.90 1950.40 2412.30 762.60 EUR Million [+]
GDP per capita PPP 86442.17 86587.42 97409.76 56200.90 USD [+]