In 2022, purchasing power parity for Luxembourg was 0.8 LCU per international dollars. Purchasing power parity of Luxembourg fell gradually from 1 LCU per international dollars in 2003 to 0.8 LCU per international dollars in 2022.
The description is composed by our digital data assistant.Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP.
| Date | Value | Change, % |
|---|---|---|
| 2022 | 0.8 | -1.10% |
| 2021 | 0.8 | -2.22% |
| 2020 | 0.8 | 1.05% |
| 2019 | 0.8 | -2.29% |
| 2018 | 0.8 | 0.07% |
| 2017 | 0.8 | -0.42% |
| 2016 | 0.9 | -3.33% |
| 2015 | 0.9 | -0.33% |
| 2014 | 0.9 | -1.24% |
| 2013 | 0.9 | -1.27% |
| 2012 | 0.9 | 0.19% |
| 2011 | 0.9 |