Luxembourg GDP Annual Growth Rate  1996-2016 | Data | Chart | Calendar

The Luxembourg economy expanded 4.4 percent year-on-year in the second quarter of 2016, following a downwardly revised 3 percent expansion in the previous period. Household spending rose 1.3 percent (1.2 percent in Q1), public spending increased 4.4 percent (3.8 percent in Q1) and gross fixed capital formation jumped 4.5 percent (-10.5 percent in Q1). In addition, exports expanded 5 percent (4.2 percent in Q1) and imports rose at a faster 5.3 percent (3.8 percent in Q1), preliminary estimates showed. On a quarterly basis, the economy advanced 1.6 percent. GDP Annual Growth Rate in Luxembourg averaged 3.67 percent from 1996 until 2016, reaching an all time high of 11.80 percent in the first quarter of 2000 and a record low of -8.90 percent in the second quarter of 2009.

Luxembourg GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-24 11:00 AM Q4 3.0% 5.7% 3.5%
2016-06-24 09:00 AM Q1 4.4% 3.6% 2.6%
2016-10-17 10:00 AM Q2 4.4% 3% 5.2%
2017-01-12 11:00 AM Q3 4.4% 4.2%
2017-03-24 11:00 AM Q4 4%
2017-06-23 09:00 AM Q1 4.1%




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 Annual Growth Rate Notes

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 Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
4.40 3.00 11.80 -8.90 1996 - 2016 percent Quarterly



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Poland 2.50 Sep/16
Cayman Islands 2.40 Mar/16
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Netherlands 2.40 Sep/16
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Australia 1.80 Sep/16
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Switzerland 1.30 Sep/16
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Denmark 1.20 Sep/16
Republic of the Congo 1.20 Dec/15
France 1.10 Sep/16
Japan 1.10 Sep/16
Singapore 1.10 Sep/16
Italy 1.00 Sep/16
Lebanon 1.00 Dec/15
Morocco 1.00 Sep/16
Barbados 0.90 Dec/15
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Iran 0.60 Mar/15
Kazakhstan 0.40 Sep/16
Eritrea 0.30 Dec/15
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Guinea 0.10 Dec/15
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Brazil -2.90 Sep/16
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Trinidad and Tobago -8.00 Jun/16
Equatorial Guinea -10.60 Dec/15
Oman -14.10 Dec/15
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Yemen -28.10 Dec/15