Gross Domestic Product of Luxembourg grew 5% in 2016 compared to last year. This rate is 27 -tenths of one percent higher than the figure of 2.3% published in 2015.
The GDP figure in 2016 was €56,208$62,200 million, Luxembourg is number 74 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Luxembourg rose €2,066$2,122 million with respect to 2015.
The GDP per capita of Luxembourg in 2016 was €96,230$107,948, €1,140$1,238 higher than in 2015, it was €95,090$106,710. 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 2006 when the GDP per capita in Luxembourg was €72,260$91,478.
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 196 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.