Gross Domestic Product of Luxembourg grew 1.6% in the second quarter of 2016 compared to the previous quarter. This rate is 26-tenths of one percent higher than the figure of -1.0% published in the first quarter of 2016.
The year-on-year change in GDP was 4.4%, 14-tenths of one percent more than the 3.0% recorded in the first quarter of 2016.
The GDP figure in the second quarter of 2016 was €12,925$14,595 million, Luxembourg is number 38 in the ranking of quarterly GDP of the 48 countries that we publish.
Luxembourg has a quarterly GDP per capita, of €22,958$22,958, less than the same period last year, when it was €23,366 $23,366 .
If we order the countries according to their GDP per capita, Luxembourg is the world's leading economy with regard to GDP, as can be seen in the ranking the 48 countries whose quarterly GDP we publish.