GDP in Luxembourg

Luxembourg GDP | Economic News & Forecasts

Luxembourg - GDP

The 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

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

Exchange Rate1.12-0.41 %May 24
Stock Market8311.12 %May 24

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