GDP in Luxembourg
Luxembourg - GDPLuxembourg’s economy began the year in better shape than in 2018 on the heels of what appeared to be solid third (Q3: +0.6% quarter-on-quarter s.a.) and fourth-quarter outturns. On the supply side, non-financials drove growth in the third quarter as growing apprehension held back financial-sector gains. On the demand side, household spending accelerated in line with the fall in unemployment and elevated consumer confidence, while fixed investment contracted for a third quarter on fewer aircraft and satellite purchases. Looking at the fourth quarter, meanwhile, a weaker European backdrop appeared to contribute to slower growth through year-end.
Luxembourg - GDP Data
|Economic Growth (GDP, annual variation in %)||3.7||5.8||2.9||3.1||2.3|
5 years of economic forecasts for more than 30 economic indicators.
Luxembourg GDP Chart
Source: National Statistical Institute of Luxembourg.
|Exchange Rate||1.14||0.65 %||Jan 30|
|Stock Market||723||0.19 %||Jan 30|
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