GDP in Luxembourg

Luxembourg GDP | Economic News & Forecasts

Luxembourg - GDP

The economy performed poorly in the first quarter of the year, growing a relatively weak 3.3% in seasonally-adjusted terms from the same quarter of last year. The external sector dragged on Q1 growth, while both private and government consumption eased from Q4’s strong readings. Nonetheless, leading data continue to suggest a pick-up in economic activity in Q2. Unemployment remained at a five-year low in April, while consumer confidence reached a fresh record high in May as households continued to benefit from additional income linked to the January tax reform and wage indexation adjustment.

Luxembourg - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)2.5  -0.4  4.0  5.6  4.0  

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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 Rate1.160.96 %Jul 18
Stock Market834-0.83 %Jul 18

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