Indicators of economy in Luxembourg

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.160 US Dollar per capita. The GDP in Luxembourg reached 114.705 US Dollar per capita. The gross national product has been at 73.910 US Dollar per capita. Luxembourg is therefore currently ranked 73 of the major economies.

Inflation in Luxembourg was in 2019 at around 1.74%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices of daily necessities are approximately 22.80% higher.
The Corruption Perceptions Index for the public sector counts 80 and is compared to other countries good.


Back to overview: Luxembourg

Unemployment rates in percent 1991 - 2019

Unemployment rates Luxembourg

Economic performance 2019

 Luxembourg
Total
Luxembourg
per capita
EU
Total
EU
per capita
GDP71.10 bn USD114,704.59 USD15,592.80 tn USD30,315.74 USD
Gross national product45.82 bn USD73,911.82 USD15,985.73 tn USD31,079.69 USD


7 of the 2000 largest listed companies in the world originate from Luxembourg. This is determined annually in the "Forbes Global 2000" list. The 7 largest companies in the country were in 2020:

Rank 650: ArcelorMittal (Luxembourg)
Rank 1026: Aroundtown (Luxembourg)
Rank 1329: Spotify Technology (Luxembourg)
Rank 1530: Ternium (Luxembourg)
Rank 1599: RTL Group (Luxembourg)
Rank 1732: CPI Property Group (Luxembourg)
Rank 1810: Tenaris (Luxembourg)

Development of the Gross domestic product in billion US Dollar 1979 - 2019


GDP Luxembourg

Household debt and deficits 2019


 Luxembourg
Total
Luxembourg
per capita
EU
Total
EU
per capita
Gross debt15.64 bn USD25,223.68 USD14,618.72 tn USD28,421.93 USD
Budget deficit-1.73 bn USD-2,786.04 USD148.52 bn USD288.76 USD

Please note: A negative budget deficit equivalents to a surplus

Debt budget development
Development of inflation
Corruption in Luxembourg
Cost of living in a global comparison

Im- and Exports 2019

 Luxembourg
Total
Luxembourg
per capita
EU
Total
EU
per capita
Exports133.59 bn USD215,511.70 USD8,590.51 bn USD16,701.80 USD
Imports108.29 bn USD174,692.48 USD8,032.20 bn USD15,616.32 USD


Development of imports and exports in billion US dollars 1999 - 2019


Exports
Imports