Gross Domestic Product of Luxembourg grew 1.4% in 1996 compared to last year. This rate is 207 -tenths of one percent less than the figure of 22.1% published in 1995.
The GDP figure in 1996 was €16,462$20,464 million, Luxembourg is number 27 in the ranking of GDP of the 39 countries that we publish. The absolute value of GDP in Luxembourg rose €516$107 million with respect to 1995.
The GDP per capita of Luxembourg in 1996 was €39,720$49,719, €780$986 higher than in 1995, it was €38,940$50,705. 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 1986 when the GDP per capita in Luxembourg was €16,100$17,950.
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 2th out of the 39 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.