Gross Domestic Product of Luxembourg grew 14.3% in 1989 compared to last year. This rate is 38 -tenths of one percent higher than the figure of 10.5% published in 1988.
The GDP figure in 1989 was €7,906$9,903 million, Luxembourg is number 19 in the ranking of GDP of the 26 countries that we publish. The absolute value of GDP in Luxembourg rose €991$602 million with respect to 1988.
The GDP per capita of Luxembourg in 1989 was €20,900$26,227, €2,400$1,352 higher than in 1988, it was €18,500$24,875. 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 1979 when the GDP per capita in Luxembourg was €11,536$15,179.
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 7th out of the 26 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.