Luxembourg GDP Annual Growth Rate  1996-2017 | Data | Chart | Calendar

The Luxembourg economy grew by 3.6 percent year-on-year in the December quarter of 2016, following an upwardly revised 5.4 percent expansion in the previous period, preliminary estimates showed. Government consumption slowed (2.1 percent from 3.1 percent in Q3) while household spending rose faster (1.7 percent from 0.3 percent in Q3) and investment recovered (10.8 percent from -1.9 percent). Meanwhile, foreign trade contributed positively as exports (4.3 percent from 5.2 percent in Q3) grew more than imports (2.9 percent from 3.8 percent in Q3). On a quarterly basis, the economy expanded 1.3 percent. Considering full 2016, economy grew by 4.2 percent compared to 4 percent expansion in 2015. GDP Annual Growth Rate in Luxembourg averaged 3.70 percent from 1996 until 2016, reaching an all time high of 11.70 percent in the first quarter of 2000 and a record low of -7.60 percent in the first quarter of 2009.

Luxembourg GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-17 10:00 AM Q2 4.4% 3% 5.2%
2017-01-04 11:50 AM Q3 4.8% 5.1% 4.2%
2017-03-31 10:00 AM Q4 3.6% 5.4% 4%
2017-06-22 10:00 AM Q1 3.6% 4.1%
2017-09-21 10:00 AM Q2 3.8%




Luxembourg GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.30 1.00 6.10 -4.30 percent [+]
GDP Annual Growth Rate 3.60 5.40 11.70 -7.60 percent [+]
GDP 57.79 64.87 64.87 0.70 USD Billion [+]
GDP Constant Prices 12928.60 11896.50 12928.60 7533.80 EUR Million [+]
Gross Fixed Capital Formation 2218.30 2151.10 2464.60 1092.20 EUR Million [+]
GDP per capita 106408.57 103923.89 110001.05 27087.20 USD [+]
GDP per capita PPP 93552.60 91368.11 96711.05 54907.02 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.60 5.40 11.70 -7.60 1996 - 2016 percent Quarterly



Last
Iceland 11.30 Dec/16
Iraq 11.00 Dec/16
Ethiopia 9.60 Dec/15
Ivory Coast 8.20 Dec/16
Uzbekistan 7.80 Dec/16
Cambodia 7.20 Dec/16
Ireland 7.20 Dec/16
Bangladesh 7.11 Dec/16
India 7.00 Dec/16
Laos 7.00 Dec/15
Macau 7.00 Dec/16
Myanmar 7.00 Dec/15
China 6.90 Mar/17
Tajikistan 6.90 Dec/16
Maldives 6.80 Jun/16
Djibouti 6.70 Dec/15
Philippines 6.60 Dec/16
Bhutan 6.50 Dec/16
Moldova 6.50 Dec/16
Tanzania 6.20 Sep/16
Turkmenistan 6.20 Dec/16
Seychelles 5.90 Dec/16
Dominican Republic 5.80 Sep/16
Kenya 5.70 Sep/16
Niger 5.60 Sep/16
Burkina Faso 5.50 Dec/16
Monaco 5.40 Dec/15
Togo 5.40 Dec/16
Sao Tome and Principe 5.30 Dec/15
Sri Lanka 5.30 Dec/16
Guinea Bissau 5.20 Dec/16
Mali 5.20 Dec/16
Malta 5.10 Dec/16
Vietnam 5.10 Mar/17
Benin 5.00 Sep/16
Indonesia 4.94 Dec/16
Central African Republic 4.90 Dec/15
Sudan 4.90 Dec/15
Israel 4.80 Dec/16
Romania 4.80 Dec/16
Ukraine 4.80 Dec/16
Pakistan 4.71 Dec/16
Gambia 4.70 Dec/15
Cape Verde 4.60 Dec/16
Malaysia 4.50 Dec/16
Panama 4.50 Dec/16
East Timor 4.30 Dec/15
Morocco 4.30 Mar/17
Costa Rica 4.21 Dec/16
Botswana 4.20 Dec/16
Gabon 4.20 Dec/15
Nicaragua 4.20 Dec/16
Chad 4.10 Dec/15
Mauritius 4.10 Dec/16
Albania 4.00 Dec/16
Algeria 4.00 Dec/16
Ghana 4.00 Sep/16
Senegal 4.00 Dec/16
Kyrgyzstan 3.80 Dec/16
Cameroon 3.70 Mar/16
Honduras 3.60 Dec/16
Luxembourg 3.60 Dec/16
Zambia 3.60 Dec/15
Turkey 3.50 Dec/16
Bulgaria 3.40 Dec/16
Croatia 3.40 Dec/16
Egypt 3.40 Sep/16
Lesotho 3.40 Dec/15
Montenegro 3.40 Dec/16
Paraguay 3.40 Dec/16
United Arab Emirates 3.40 Dec/15
Uruguay 3.40 Dec/16
Bolivia 3.24 Jun/16
Lithuania 3.20 Dec/16
Hong Kong 3.10 Dec/16
Mauritania 3.10 Dec/15
Guyana 3.00 Dec/15
Kazakhstan 3.00 Mar/17
Kosovo 3.00 Dec/16
Madagascar 3.00 Dec/15
Peru 3.00 Dec/16
Slovakia 3.00 Dec/16
Spain 3.00 Dec/16
Thailand 3.00 Dec/16
Cyprus 2.90 Dec/16
Malawi 2.90 Dec/15
Taiwan 2.88 Dec/16
Cayman Islands 2.80 Sep/16
Georgia 2.80 Dec/16
Estonia 2.70 Dec/16
New Zealand 2.70 Dec/16
Somalia 2.70 Dec/15
Bosnia and Herzegovina 2.60 Dec/16
Guatemala 2.60 Sep/16
Latvia 2.60 Dec/16
Papua New Guinea 2.60 Dec/16
Slovenia 2.60 Dec/16
El Salvador 2.57 Dec/16
Netherlands 2.50 Dec/16
Poland 2.50 Dec/16
Serbia 2.50 Dec/16
Singapore 2.50 Mar/17
Australia 2.40 Dec/16
Congo 2.40 Dec/16
Macedonia 2.40 Dec/16
Mexico 2.40 Dec/16
South Korea 2.40 Dec/16
Denmark 2.30 Dec/16
Rwanda 2.30 Dec/16
Sweden 2.30 Dec/16
Fiji 2.00 Dec/16
Jordan 2.00 Dec/16
Portugal 2.00 Dec/16
United States 2.00 Dec/16
Canada 1.90 Dec/16
Czech Republic 1.90 Dec/16
European Union 1.90 Dec/16
United Kingdom 1.90 Dec/16
Kuwait 1.80 Dec/15
Norway 1.80 Dec/16
Austria 1.70 Dec/16
Euro Area 1.70 Dec/16
Qatar 1.70 Dec/16
Barbados 1.60 Dec/16
Colombia 1.60 Dec/16
Hungary 1.60 Dec/16
Japan 1.60 Dec/16
Haiti 1.40 Dec/16
New Caledonia 1.40 Dec/15
Uganda 1.40 Dec/16
Finland 1.30 Dec/16
Palestine 1.30 Dec/16
Belgium 1.20 Dec/16
Germany 1.20 Dec/16
Republic of the Congo 1.20 Dec/15
Saudi Arabia 1.20 Dec/16
Bahrain 1.10 Dec/16
France 1.10 Dec/16
Jamaica 1.10 Dec/16
Mozambique 1.10 Dec/16
Tunisia 1.10 Dec/16
Comoros 1.00 Dec/15
Italy 1.00 Dec/16
Lebanon 1.00 Dec/15
Mongolia 1.00 Dec/16
Nepal 0.77 Dec/15
South Africa 0.70 Dec/16
Bahamas 0.60 Dec/16
Iran 0.60 Mar/15
Swaziland 0.60 Dec/16
Switzerland 0.60 Dec/16
Zimbabwe 0.60 Dec/16
Chile 0.50 Dec/16
Belarus 0.30 Mar/17
Eritrea 0.30 Dec/15
Liberia 0.30 Dec/15
Russia 0.30 Dec/16
Guinea 0.10 Dec/15
Burundi -0.50 Dec/16
Belize -0.80 Sep/16
Liechtenstein -0.80 Dec/14
Azerbaijan -0.90 Mar/17
Cuba -0.90 Dec/16
Armenia -1.00 Dec/17
Greece -1.10 Dec/16
North Korea -1.10 Dec/15
Puerto Rico -1.10 Dec/16
Nigeria -1.30 Dec/16
Ecuador -1.60 Sep/16
Argentina -2.10 Dec/16
Syria -2.30 Dec/11
Afghanistan -2.40 Dec/16
Brazil -2.50 Dec/16
Namibia -3.10 Dec/16
Brunei -3.60 Dec/16
Angola -4.30 Sep/16
South Sudan -5.30 Dec/15
Libya -6.00 Dec/15
Suriname -10.40 Dec/16
Equatorial Guinea -10.60 Dec/15
Trinidad and Tobago -10.80 Sep/16
Oman -14.10 Dec/15
Venezuela -18.60 Dec/16
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15