Luxembourg GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Luxembourg expanded 2.40 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Luxembourg is reported by the STATEC, Luxembourg. GDP Annual Growth Rate in Luxembourg averaged 3.40 Percent from 1996 until 2013, reaching an all time high of 11.70 Percent in the first quarter of 2000 and a record low of -9.50 Percent in the first quarter of 2009. In Luxembourg, the annual growth rate in GDP measures the change in the value of the goods and services produced by the country economy during the period of a year. This page provides - Luxembourg GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.40 2.70 11.70 -9.50 3.65 | 2014/03 1996 - 2013 Percent Quarterly

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Luxembourg GDP Annual Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-04-02 10:00 AM Luxembourg
GDP Growth Rate YoY
Q4 2012 1.6% -0.5% (R)
2013-07-03 10:00 AM Luxembourg
GDP Growth Rate YoY
Q1 2013 0.9% 1.7% (R) 1.27%
2013-10-08 11:30 AM Luxembourg
GDP Growth Rate YoY
Q2 2013 2.4% 1.1% (R) 0.98%
2014-04-09 10:00 AM Luxembourg
GDP Growth Rate YoY
Q4 2013 2.4% 2.7% 2.48%
2014-07-01 10:00 AM Luxembourg
GDP Growth Rate YoY
Q1 2014 2.4% 3.64%
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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 8746.43 2014-03-31 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 77811.61 2013-12-31 USD [+]
GDP per capita PPP 66807.96 2012-12-31 68281.60 74021.46 27389.18 65634.61 2013-12-31 USD [+]
GDP 57.12 2012-12-31 59.20 59.20 0.70 56.46 2013-12-31 USD Billion [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

Luxembourg GDP Deflator at 136.18 Index Points  
GDP Deflator in Luxembourg increased to 136.18 Index Points in the fourth quarter of 2013 from 132.74 Index Points in the third quarter of 2013. GDP Deflator in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Government Budget Value at 25.50 EUR Million  
Luxembourg recorded a government budget surplus of 25.50 EUR Million in 2013. Government Budget Value in Luxembourg is reported by the Banque Centrale Du Luxembourg.
Luxembourg Government Spending at 1577.20 EUR Million  
Government Spending in Luxembourg increased to 1577.20 EUR Million in the fourth quarter of 2013 from 1569.20 EUR Million in the third quarter of 2013. Government Spending in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Gross Fixed Capital Formation at 1577.40 EUR Million  
Gross Fixed Capital Formation in Luxembourg decreased to 1577.40 EUR Million in the fourth quarter of 2013 from 2163.40 EUR Million in the third quarter of 2013. Gross Fixed Capital Formation in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Harmonised Consumer Prices at 123.76 Index Points  
Harmonised Consumer Prices in Luxembourg increased to 123.76 Index Points in March of 2014 from 123.71 Index Points in February of 2014. Harmonised Consumer Prices in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Housing Permits at 229.00  
Housing Index in Luxembourg increased to 229 in September of 2013 from 224 in August of 2013. Housing Index in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Labour Costs at 101.10 Index Points  
Labour Costs in Luxembourg decreased to 101.10 Index Points in January of 2014 from 128.90 Index Points in December of 2013. Labour Costs in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg New Orders at 83.40 Index Points  
New Orders in Luxembourg decreased to 83.40 Index Points in February of 2013 from 106.70 Index Points in January of 2013. New Orders in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Producer Prices at 104.51 Index Points  
Producer Prices in Luxembourg decreased to 104.51 Index Points in January of 2014 from 104.92 Index Points in December of 2013. Producer Prices in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Remittances at 22.00 EUR Million  
Remittances in Luxembourg increased to 22 EUR Million in the third quarter of 2013 from 17 EUR Million in the second quarter of 2013. Remittances in Luxembourg is reported by the Eurostat.
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