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Luxembourg - Gross domestic product in current prices

68.77 (billion US dollars) in 2018

In 2018, GDP for Luxembourg was 68.77 billion US dollars. GDP of Luxembourg increased from 21.17 billion US dollars in 1999 to 68.77 billion US dollars in 2018 growing at an average annual rate of 6.81 %.

The description is composed by our digital data assistant.

What is GDP?

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates.

What is Luxembourg GDP?

Date Value Change, %
2018 68.77 10.14 %
2017 62.44 5.86 %
2016 58.99 3.06 %
2015 57.23 -13.56 %
2014 66.21 7.21 %
2013 61.76 8.91 %
2012 56.71 -5.58 %
2011 60.06 12.66 %
2010 53.31 3.52 %
2009 51.50 -8.22 %
2008 56.11 10.12 %
2007 50.96

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