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Luxembourg - Gross domestic product in current market prices

17,000.3 (million US dollars) in 2019Q1

In 1st quarter 2019, GDP for Luxembourg was 17,000.3 million US dollars. GDP of Luxembourg increased from 5,421.2 million US dollars in 2nd quarter 1999 to 17,000.3 million US dollars in 1st quarter 2019 growing at an average annual rate of 1.56 %.

The description is composed by our digital data assistant.

What is GDP?

GDP is sum of gross value added, at purchaser prices converted at market exchange rates to current U.S. dollars, by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation of output. It is calculated without deducting for depreciation of fabricated capital assets or for depletion and degradation of natural resources.

What is Luxembourg GDP?

Date Value Change, %
2019Q1 17,000.3 -0.38 %
2018Q4 17,065.8 -1.45 %
2018Q3 17,317.4 -0.41 %
2018Q2 17,389.2 -2.07 %
2018Q1 17,756.8 6.10 %
2017Q4 16,735.9 3.37 %
2017Q3 16,190.1 7.79 %
2017Q2 15,020.6 3.45 %
2017Q1 14,519.7 1.01 %
2016Q4 14,374.9 -4.51 %
2016Q3 15,053.9 0.06 %
2016Q2 15,044.3

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