Gross Domestic Product of Luxembourg grew 2.5% in 2005 compared to last year. This rate is 17 -tenths of one percent less than the figure of 4.2% published in 2004.
The GDP figure in 2005 was €30,281$37,672 million, Luxembourg is number 67 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Luxembourg rose €2,092$2,607 million with respect to 2004.
The GDP per capita of Luxembourg in 2005 was €65,020$81,729, €3,540$4,698 higher than in 2004, it was €61,480$77,031. 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 1995 when the GDP per capita in Luxembourg was €38,940$50,705.
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.