Gross Domestic Product of Luxembourg grew 5.4% in 1997 compared to last year. This rate is 40 -tenths of one percent higher than the figure of 1.4% published in 1996.
The GDP figure in 1997 was €17,267$18,428 million, Luxembourg is number 27 in the ranking of GDP of the 40 countries that we publish. The absolute value of GDP in Luxembourg rose €805$2,036 million with respect to 1996.
The GDP per capita of Luxembourg in 1997 was €41,130$44,203, €1,410$5,516 higher than in 1996, it was €39,720$49,719. 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 1987 when the GDP per capita in Luxembourg was €16,900$22,150.
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 40 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.