Luxembourg Luxembourg GDP - Gross Domestic Product

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GDP Luxembourg 2020

Luxembourgers GDP shrinks compared to previous year

Gross Domestic Product of Luxembourg fell -1.3% in 2020 compared to last year. This rate is 36 -tenths of one percent less than the previous year, when changed 2.3%.

The GDP figure in 2020 was €64,143$73,205 million, Luxembourg is number 73 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Luxembourg rose €627$2,092 million with respect to 2019.

The GDP per capita of Luxembourg in 2020 was €101,640$116,921, €560$1,082 less than in 2019, when it was €102,200$115,839. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2010 when the GDP per capita in Luxembourg was €79,160$106,177.

If we order the countries according to their GDP per capita, Luxembourg is very well positioned in terms of the standard of living of its population, coming 3th out of the 196 countries whose 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.

Quarterly GDP at market prices 2020
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2020Q416,855M.€20,107M.$1.6%1.4%
2020Q316,362M.€19,126M.$9.3%0%
2020Q214,990M.€16,509M.$-7.3%-7.9%
2020Q115,897M.€17,530M.$-1.6%1.3%
< GDP Luxembourg 2019
Quaterly GDP Per Capita 2020
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2020Q426,925€3.0%4.4%32,119$12.5%5.2%
2020Q326,133€9.2%-0.3%30,547$4.8%15.9%
2020Q223,941€-5.7%-7.3%26,368$-9.2%-5.8%
2020Q125,391€-1.5%1.2%27,998$-1.7%-1.9%
< GDP Luxembourg 2019
Evolution: Annual GDP Luxembourg
DateAnnual GDPAnnual GDPGDP Growth (%)
202064,143M.€73,205M.$-1.3%
201963,516M.€71,113M.$2.3%
201860,053M.€70,952M.$3.1%
201756,814M.€64,159M.$1.8%
201654,867M.€60,716M.$4.6%
201552,066M.€57,774M.$4.3%
201449,825M.€66,209M.$4.3%
201346,500M.€61,758M.$3.7%
201244,112M.€56,711M.$-0.4%
201143,165M.€60,073M.$2.5%
201040,178M.€53,308M.$4.9%
200936,977M.€51,518M.$-4.4%
200838,129M.€56,072M.$-1.3%
200737,179M.€50,959M.$8.4%
200633,808M.€42,452M.$5.2%
200530,031M.€37,382M.$3.2%
200427,936M.€34,733M.$3.6%
200326,188M.€29,615M.$1.6%
200225,095M.€23,712M.$3.8%
200123,772M.€21,291M.$2.5%
200023,079M.€21,326M.$8.2%
199920,871M.€21,174M.$8.5%
199818,059M.€19,342M.$6.0%
199717,415M.€18,503M.$5.7%
199617,156M.€20,548M.$1.4%
199516,508M.€20,655M.$22.1%
199412,951M.€17,558M.$9.7%
199311,805M.€15,778M.$13.5%
199210,402M.€15,390M.$7.2%
19919,702M.€13,738M.$11.2%
19908,728M.€12,680M.$10.4%
19897,906M.€9,944M.$14.3%
19886,915M.€9,339M.$10.5%
19876,259M.€8,244M.$5.8%
19865,913M.€6,638M.$12.7%
19855,247M.€4,562M.$2.8%
19846,648M.€4,403M.$6.2%
19835,996M.€4,491M.$3.0%
19825,451M.€4,575M.$1.1%
19814,864M.€5,572M.$-0.6%
19804,563M.€6,460M.$0.8%
19794,193M.€5,712M.$2.3%
19783,852M.€4,885M.$4.1%
19773,521M.€3,923M.$1.6%
19763,426M.€3,544M.$2.5%
19752,978M.€3,233M.$-6.6%
19743,214M.€3,296M.$4.2%
19732,637M.€2,702M.$8.3%
19722,170M.€1,969M.$6.6%
19711,924M.€1,572M.$2.7%
19701,889M.€1,509M.$1.7%
19691,614M.€1,235M.$10.0%
19681,394M.€1,066M.$4.2%
19671,274M.€975M.$0.2%
19661,266M.€968M.$1.1%
19651,205M.€922M.$1.9%
19641,150M.€903M.$7.9%
19631,007M.€791M.$3.4%
1962944M.€742M.$1.4%
1961896M.€704M.$3.8%
1960896M.€704M.$
Evolution: GDP per capita Luxembourg
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2020101,640€116,921$-0.6%0.9%
2019102,200€115,839$3.6%-1.7%
201898,640€117,860$3.7%8.5%
201795,170€108,622$1.3%3.1%
201693,930€105,364$2.7%2.7%
201591,440€102,625$2.5%-14.8%
201489,240€120,450$4.7%4.7%
201385,270€114,996$2.7%6.4%
201283,000€108,050$-0.1%-7.9%
201183,100€117,366$5.0%10.5%
201079,160€106,177$6.7%1.7%
200974,220€104,393$-4.8%-9.9%
200877,940€115,899$0.8%8.3%
200777,340€107,014$8.2%18.3%
200671,490€90,499$10.9%11.7%
200564,490€81,048$5.8%6.2%
200460,930€76,344$5.2%15.6%
200357,900€66,061$3.1%23.7%
200256,180€53,399$4.4%10.1%
200153,800€48,499$1.9%-1.4%
200052,820€49,183$9.2%-0.7%
199948,390€49,542$13.9%8.1%
199842,470€45,822$2.4%3.2%
199741,480€44,382$0.2%-11.1%
199641,390€49,921$2.7%-2.0%
199540,310€50,911$25.6%17.1%
199432,100€43,483$8.1%9.7%
199329,700€39,644$12.1%1.1%
199226,500€39,220$5.6%10.5%
199125,100€35,490$9.6%6.9%
199022,900€33,201$9.6%26.1%
198920,900€26,334$13.0%5.4%
198818,500€24,977$9.5%12.3%
198716,900€22,240$5.0%23.4%
198616,100€18,023$12.6%44.8%
198514,300€12,444$-21.2%3.4%
198418,154€12,033$10.7%-2.1%
198316,393€12,284$9.9%-1.8%
198214,915€12,515$12.1%-18.0%
198113,304€15,252$6.4%-14.0%
198012,507€17,739$8.4%12.9%
197911,536€15,715$8.5%16.5%
197810,633€13,484$9.3%24.4%
19779,732€10,844$2.5%10.4%
19769,491€9,819$14.9%9.5%
19758,260€8,969$-8.2%-2.7%
19748,994€9,222$20.3%20.4%
19737,476€7,661$20.0%35.5%
19726,231€5,654$11.7%24.1%
19715,577€4,557$0.3%2.6%
19705,560€4,441$16.6%21.7%
19694,768€3,648$15.1%15.1%
19684,142€3,169$9.0%9.0%
19673,801€2,908$0.5%0.5%
19663,781€2,893$4.5%4.5%
19653,618€2,768$3.8%1.1%
19643,484€2,737$12.6%12.6%
19633,094€2,430$5.8%5.8%
19622,925€2,298$4.0%4.0%
19612,812€2,209$-1.2%-1.2%
19602,846€2,235$
Evolution: GDP growth rate at constant prices Luxembourg
Evolution: GDP per capita Luxembourg
GDP Luxembourg