Gross Domestic Product of Luxembourg grew 2.6% in 2003 compared to last year. This rate is 6 -tenths of one percent less than the figure of 3.2% published in 2002.
The GDP figure in 2003 was €26,227$29,667 million, Luxembourg is number 65 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Luxembourg rose €1,216$6,017 million with respect to 2002.
The GDP per capita of Luxembourg in 2003 was €57,990$66,160, €1,990$12,932 higher than in 2002, it was €56,000$53,228. 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 1993 when the GDP per capita in Luxembourg was €29,700$39,483.
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 195 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.