Gross Domestic Product of Luxembourg grew 1.7% in 1970 compared to last year. This rate is 83 -tenths of one percent less than the figure of 10% published in 1969.
The GDP figure in 1970 was €1,889$1,458 million, leaving Luxembourg placed 9th in the ranking of GDP of the 17 countries that we publish. The absolute value of GDP in Luxembourg rose €275$223 million with respect to 1969.
The GDP per capita of Luxembourg in 1970 was €5,560$4,290, €792$642 higher than in 1969, it was €4,768$3,648. 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 1960 when the GDP per capita in Luxembourg was €2,846$2,235.
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 17 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.