Gross Domestic Product of Luxembourg grew 9.7% in 1994 compared to last year. This rate is 38 -tenths of one percent less than the figure of 13.5% published in 1993.
The GDP figure in 1994 was €12,951$17,487 million, Luxembourg is number 23 in the ranking of GDP of the 36 countries that we publish. The absolute value of GDP in Luxembourg rose €1,146$1,773 million with respect to 1993.
The GDP per capita of Luxembourg in 1994 was €32,100$43,307, €2,400$3,824 higher than in 1993, it was €29,700$39,483. 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 1984 when the GDP per capita in Luxembourg was €18,154$11,984.
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 4th out of the 36 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.