The Gross Domestic Product (GDP) in Luxembourg was worth 85.51 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Luxembourg represents 0.04 percent of the world economy. source: World Bank

GDP in Luxembourg averaged 23.54 USD Billion from 1960 until 2021, reaching an all time high of 85.51 USD Billion in 2021 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 June of 2023.

GDP in Luxembourg is expected to reach 86.54 USD Billion by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg GDP is projected to trend around 88.53 USD Billion in 2024 and 90.39 USD Billion in 2025, according to our econometric models.

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Luxembourg GDP

Related Last Previous Unit Reference
GDP 85.51 73.99 USD Billion Dec 2021
GDP per Capita 107792.19 104128.24 USD Dec 2021
GDP per Capita PPP 115683.49 111751.31 USD Dec 2021

Luxembourg GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Actual Previous Highest Lowest Dates Unit Frequency
85.51 73.99 85.51 0.70 1960 - 2021 USD Billion Yearly
Current USD
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