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Luxembourg - Gross domestic product in current prices

58,869,221,000 (LCU) in 2018

In 2018, GDP (LCU) for Luxembourg was 58,869 million LCU. Over the last 50 years, GDP (LCU) of Luxembourg grew substantially from 1,530 million to 58,869 million LCU rising at an increasing annual rate that reached a maximum of 22.21% in 1970 and then decreased to 6.46% in 2018.

The description is composed by our digital data assistant.

What is GDP (LCU)?

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 local currency.

What is Luxembourg GDP (LCU)?

Date Value Change, %
2018 58,869,221,000 6.46 %
2017 55,299,377,000 3.75 %
2016 53,303,028,000 3.34 %
2015 51,578,860,000 3.52 %
2014 49,824,506,000 7.15 %
2013 46,499,560,000 5.41 %
2012 44,112,095,000 2.19 %
2011 43,164,646,000 7.43 %
2010 40,177,812,000 8.66 %
2009 36,976,517,000 -3.02 %
2008 38,128,581,000 2.55 %
2007 37,178,871,000

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