http://www.tradingeconomics.com/RSS Feed60http://www.tradingeconomics.com/luxembourg/current-account-to-gdpLuxembourg reported a Current Account surplus of 7.30 percent of the country's Gross Domestic Product in 2011. Historically, from 1995 until 2010, Luxembourg Current Account to GDP averaged 9.8100 Percent reaching an all time high of 13.2000 Percent in December of 2000 and a record low of 5.3000 Percent in December of 2008. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Luxembourg Current Account to GDP. EurostatFri, 25 May 2012 18:38:00 GMThttp://www.tradingeconomics.com/luxembourg/unemployment-rateThe unemployment rate in Luxembourg was last reported at 6.1 percent in April of 2011. Historically, from 1982 until 2012, Luxembourg Unemployment Rate averaged 3.2400 Percent reaching an all time high of 6.6000 Percent in December of 2011 and a record low of 1.4000 Percent in March of 1991. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Luxembourg Unemployment Rate.STATEC LuxembourgThu, 24 May 2012 15:18:00 GMThttp://www.tradingeconomics.com/luxembourg/consumer-confidenceIn Luxembourg, consumer confidence declined to -6 in April of 2012 from -4 in March of 2012. Historically, from 2002 until 2012, Luxembourg Consumer Confidence averaged 0.3500 reaching an all time high of 13.0000 in February of 2002 and a record low of -20.0000 in December of 2008. In Luxembourg, consumer confidence declined to -8 in October of 2011 from -2 in September of 2011. In Luxembourg, the consumer confidence survey measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page includes a chart with historical data for Luxembourg Consumer Confidence.The Banque centrale du LuxembourgThu, 17 May 2012 17:37:00 GMThttp://www.tradingeconomics.com/luxembourg/inflation-cpiThe inflation rate in Luxembourg was recorded at 2.69 percent in April of 2012. Historically, from 1991 until 2012, Luxembourg Inflation Rate averaged 2.4300 Percent reaching an all time high of 4.9900 Percent in October of 2005 and a record low of -1.3500 Percent in January of 1999. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Luxembourg Inflation Rate.Service Central de la StatistiqueThu, 17 May 2012 15:43:00 GMThttp://www.tradingeconomics.com/luxembourg/industrial-productionIndustrial Production in Luxembourg decreased 11.20 percent in March of 2012. Historically, from 1980 until 2012, Luxembourg Industrial Production averaged 0.0900 Percent EUR reaching an all time high of 10.8100 Percent EUR in August of 1995 and a record low of -14.4000 Percent EUR in February of 2012. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for Luxembourg Industrial Production.Banque Centrale du LuxembourgThu, 17 May 2012 15:40:00 GMThttp://www.tradingeconomics.com/luxembourg/balance-of-tradeLuxembourg reported a trade deficit equivalent to 501 Million EUR in February of 2012. Historically, from 1988 until 2012, Luxembourg Balance of Trade averaged -251.6600 Million EUR reaching an all time high of -31.8000 Million EUR in February of 1988 and a record low of -1007.2000 Million EUR in October of 2011. Luxembourg is an export-intensive economy. The country has traditionally imported most of its consumer goods and exported industrial products (steel). Exports now also include chemical and rubber products, finished glass and the most profitable financial services. The nation remains dependent on energy imports. European Union is by far its largest trading partner, accounting for about 84% of exports and 87% of imports. This page includes a chart with historical data for Luxembourg Balance of Trade.Banque Centrale du LuxembourgThu, 17 May 2012 15:36:00 GMThttp://www.tradingeconomics.com/luxembourg/exportsLuxembourg exports were worth 923 Millions of EUR in February of 2012. Historically, from 1988 until 2012, Luxembourg Exports averaged 664.4900 Million EUR reaching an all time high of 1180.2000 Million EUR in March of 2011 and a record low of 352.9000 Million EUR in March of 1988. Luxembourg is an export-intensive economy. Besides steel, exports now include chemical and rubber products and finished glass, but the most profitable export is financial services. Main export partners are Germany, France and Belgium. This page includes: Luxembourg Exports chart, historical data and news. This page includes a chart with historical data for Luxembourg Exports.Banque Centrale du LuxembourgThu, 17 May 2012 15:35:00 GMThttp://www.tradingeconomics.com/luxembourg/importsLuxembourg imports were worth 1424 Millions of EUR in February of 2012. Historically, from 1988 until 2012, Luxembourg Imports averaged 916.1500 Million EUR reaching an all time high of 1980.3000 Million EUR in October of 2011 and a record low of 394.2000 Million EUR in January of 1988. Luxembourg has traditionally imported most of its consumer goods and exported industrial products (steel). The nation remains dependent on energy imports. Its main imports are: minerals, metals, foodstuffs and quality consumer goods. Luxembourg’s main import partners are: European Union (Belgium, Germany, France, Netherlands) and China. This page includes a chart with historical data for Luxembourg Imports.Banque Centrale du LuxembourgThu, 17 May 2012 15:34:00 GMThttp://www.tradingeconomics.com/luxembourg/current-accountLuxembourg reported a current account surplus equivalent to 749 Million EUR in the fourth quarter of 2011. Historically, from 1995 until 2011, Luxembourg Current Account averaged 627.8000 Million EUR reaching an all time high of 1662.7000 Million EUR in March of 2009 and a record low of -526.7000 Million EUR in June of 2009. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Luxembourg Current Account.Banque Centrale Du LuxembourgThu, 17 May 2012 15:21:00 GMThttp://www.tradingeconomics.com/luxembourg/gdp-growthThe Gross Domestic Product (GDP) in Luxembourg expanded 0.20 percent in the fourth quarter of 2011 over the previous quarter. Historically, from 1995 until 2011, Luxembourg GDP Growth Rate averaged 0.9700 Percent reaching an all time high of 7.8000 Percent in March of 2000 and a record low of -4.4000 Percent in March of 1996. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. 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 includes a chart with historical data for Luxembourg GDP Growth Rate.STATEC LuxembourgMon, 07 May 2012 18:31:00 GMThttp://www.tradingeconomics.com/luxembourg/gdp-growth-annualThe Gross Domestic Product (GDP) in Luxembourg expanded 0.80 percent in the fourth quarter of 2011 over the same quarter of the previous year. Historically, from 1996 until 2011, Luxembourg GDP Annual Growth Rate averaged 3.9300 Percent reaching an all time high of 11.9000 Percent in March of 2000 and a record low of -7.3000 Percent in June of 2009. 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. This page includes a chart with historical data for Luxembourg GDP Annual Growth Rate.STATEC LuxembourgMon, 07 May 2012 18:29:00 GMThttp://www.tradingeconomics.com/luxembourg/government-debt-to-gdpLuxembourg recorded a Government Debt to GDP of 18.20 percent of the country's Gross Domestic Product in 2011. Historically, from 1996 until 2011, Luxembourg Government Debt To GDP averaged 9.0500 Percent reaching an all time high of 19.1000 Percent in December of 2010 and a record low of 6.1000 Percent in December of 2003. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Luxembourg Government Debt To GDP.EurostatFri, 04 May 2012 16:10:00 GMThttp://www.tradingeconomics.com/luxembourg/government-budgetLuxembourg reported a Government Budget deficit equal to 0.60 percent of the country's Gross Domestic Product in 2011. Historically, from 1995 until 2011, Luxembourg Government Budget averaged 1.9700 Percent of GDP reaching an all time high of 6.1000 Percent of GDP in December of 2001 and a record low of -1.1000 Percent of GDP in December of 2004. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Luxembourg Government Budget.EurostatFri, 04 May 2012 16:09:00 GMThttp://www.tradingeconomics.com/luxembourg/gdp-per-capitaThe Gross Domestic Product per capita in Luxembourg was last reported at 52422.46 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in Luxembourg is equivalent to 423 percent of the world's average. Historically, from 1960 until 2010, Luxembourg GDP per capita averaged 29820.4600 USD reaching an all time high of 56388.9900 USD in December of 2007 and a record low of 13670.5200 USD in December of 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Luxembourg GDP per capita.World BankWed, 04 Jan 2012 19:04:00 GMThttp://www.tradingeconomics.com/luxembourg/gdp-per-capita-pppThe Gross Domestic Product per capita in Luxembourg was last reported at 86898.60 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Luxembourg, when adjusted by Purchasing Power Parity is equivalent to 395 percent of the world's average. Historically, from 1980 until 2010, Luxembourg GDP per capita PPP averaged 43826.3400 USD reaching an all time high of 89171.6100 USD in December of 2008 and a record low of 12968.1400 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Luxembourg GDP per capita PPP.World BankWed, 04 Jan 2012 19:02:00 GMThttp://www.tradingeconomics.com/luxembourg/population Historically, from 1960 until 2010, Luxembourg Population averaged 0.3900 Million reaching an all time high of 0.5100 Million in December of 2010 and a record low of 0.3100 Million in December of 1960. The total population in Luxembourg was last reported at 0.5 million people in 2010 from 0.3 million in 1960, changing 61 percent during the last 50 years. Luxembourg has 0.01 percent of the world´s total population which means that one person in every 13812 people on the planet is a resident of Luxembourg. This page includes a chart with historical data for Luxembourg's Total Population. This page includes a chart with historical data for Luxembourg Population.World BankFri, 28 Oct 2011 13:56:00 GMThttp://www.tradingeconomics.com/luxembourg/interest-rateThe benchmark interest rate in Luxembourg was last reported at 1.00 percent. Historically, from 1998 until 2012, Luxembourg Interest Rate averaged 2.6900 Percent reaching an all time high of 4.7500 Percent in October of 2000 and a record low of 1.0000 Percent in September of 2010. Luxembourg is a member of the Euro Area, an economic and monetary union (EMU) of European Union (EU) member states that have adopted the euro. The Euro Area benchmark interest rate stands at 1.00 percent. in the Euro Area, interest rate decisions are taken by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability. The ECB’s Governing Council has defined price stability as "a year-on-year increase in the Harmonised Index of Consumer Prices (HICP) for The Euro Area of below 2%. The European Central Bank is the sole issuer of banknotes and bank reserves. That means it has the monopoly supplier of the monetary base. By virtue of this monopoly, it can set the conditions at which banks borrow from the Central Bank. Therefore it can also influence the conditions at which banks trade with each other in the money market. in the short run, a change in money market interest rates induced by the Central Bank sets in motion a number of mechanisms and actions by economic agents. Ultimately the change will influence developments in economic variables such as output or prices. This page includes: Luxembourg Interest Rate chart, historical data and news. This page includes a chart with historical data for Luxembourg Interest Rate.Fri, 28 Oct 2011 13:56:00 GMT