Gross Domestic Product of Luxembourg grew 4.2% in 1974 compared to last year. This rate is 41 -tenths of one percent less than the figure of 8.3% published in 1973.
The GDP figure in 1974 was €3,214$3,184 million, Luxembourg is number 13 in the ranking of GDP of the 21 countries that we publish. The absolute value of GDP in Luxembourg rose €577$574 million with respect to 1973.
The GDP per capita of Luxembourg in 1974 was €8,994$8,908, €1,518$1,508 higher than in 1973, it was €7,476$7,400. 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 1964 when the GDP per capita in Luxembourg was €3,484$2,737.
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 21 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.