GDP in Luxembourg

Luxembourg GDP | Economic News & Forecasts

Luxembourg - GDP

The economy remained broadly stable in the third quarter of last year, growing 4.8% annually according to a first estimate released by the Statistics Institute in December. The economy’s healthy Q3 showing came on the back of strong growth in the information and communication sector and the all-important financial services industry. Looking to Q4 2016, monthly economic data paint a mixed picture. Economic sentiment was buoyant throughout the quarter, but unemployment ended the year a notch higher, putting the labor market’s recovery on hold. Real data also point to softer growth: October retail sales contracted for the first time in a year and a half and industrial production was almost stagnant in the same month.

Luxembourg - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)2.6  -0.8  4.3  4.1  4.8  

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Luxembourg GDP Chart


Luxembourg GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: National Statistical Institute of Luxembourg.

Luxembourg Facts

ValueChangeDate
Exchange Rate1.070.92 %Feb 16
Stock Market910-0.18 %Feb 16

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