GDP in Luxembourg
Luxembourg - GDPThe economy continues to grow at a healthy pace as households benefit from higher salary growth and an improving labor market. Unemployment fell for a third month running in March, bringing the rate down to a four-year low. Although the triggering of the automatic wage indexation at the start of 2017 is likely to weigh on the state’s coffers this year, Fitch recently reaffirmed its AAA rating for Luxembourg, citing solid public finances and strong governance metrics as the main drivers behind the decision.
Luxembourg - GDP Data
|Economic Growth (GDP, annual variation in %)||2.5||-0.4||4.0||5.6||4.0|
5 years of economic forecasts for more than 30 economic indicators.
Luxembourg GDP Chart
Source: National Statistical Institute of Luxembourg.
|Exchange Rate||1.12||-0.41 %||May 24|
|Stock Market||831||1.12 %||May 24|
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