The economy of Luxembourg advanced 3.0 percent year-on-year in the third quarter of 2022, following a 1.7 percent increase in the previous three-month period. It was the strongest growth since the fourth quarter of 2021. source: STATEC, Luxembourg
GDP Annual Growth Rate in Luxembourg averaged 3.21 percent from 1996 until 2022, reaching an all time high of 11.20 percent in the second quarter of 1997 and a record low of -7.30 percent in the first quarter of 2009. This page provides - Luxembourg GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.
GDP Annual Growth Rate in Luxembourg is expected to be -0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg GDP Annual Growth Rate is projected to trend around 2.40 percent in 2024 and 2.50 percent in 2025, according to our econometric models.