Gross Domestic Product of Luxembourg fell 2.9 in the first quarter of 2020 compared to the previous quarter. This rate is 33 -tenths of one percent less than in the previous quarter, when changed 0.4%.
The year-on-year change in GDP was -0.2%, 32 -tenths of one percent less than the 3% recorded in the forth quarter of 2019.
The GDP figure in the first quarter of 2020 was €15,824$17,449 million, Luxembourg is number 40 in the ranking of quarterly GDP of the 50 countries that we publish.
Luxembourg has a quarterly GDP per capita, of €25,274$25,274, €165 $165 higher than the same quarter last year, it was .
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 50 countries whose quarterly GDP we publish.
Here we show you the progression of the GDP in Luxembourg. You can see GDP in other countries in GDP and see all the economic information about Luxembourg in Luxembourg's economy.