The Gross Domestic Product (GDP) in Luxembourg was worth 71.10 billion US dollars in 2019, according to official data from the World Bank. The GDP value of Luxembourg represents 0.06 percent of the world economy. source: World Bank
GDP in Luxembourg averaged 21.36 USD Billion from 1960 until 2019, reaching an all time high of 71.10 USD Billion in 2019 and a record low of 0.70 USD Billion in 1961. This page provides the latest reported value for - Luxembourg GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Luxembourg GDP - values, historical data and charts - was last updated on December of 2020.
GDP in Luxembourg is expected to reach 67.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg GDP is projected to trend around 68.50 USD Billion in 2021 and 71.50 USD Billion in 2022, according to our econometric models.