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Economy of Luxembourg. Statistics, Data and Indicators

flag
Luxembourg
100AAA Credit rank #5
N/A Quality of life #
9 Corruption rank#9
72 Ease of doing business#66
Luxembourg


Luxembourg Major Economic Indicators

Indicator Data Period
GDP Value 73.26 USD Billion 2020
GDP Annual Growth Rate 4.9 % 1Q/21
GDP Growth Rate 1.4 % 1Q/21
GDP per capita 107563 USD 2020
Inflation Rate YoY 2.2 % Jun/21
Interest Rate 0 % Jun/21
Unemployment Rate 5.9 % May/21
Wages 5487 EUR/ Month | 6485.509 USD/Month 2019
Balance of Trade -0.51 EUR Billion | -0.603 B USD Apr/21
Current Account 352 EUR Million | 0.416 B USD 1Q/21
Foreign Exchange Reserves 950 EUR Million | 1.123 B USD Jun/21


GDP
vvp
73.26
USD Billion
#76 from 174 countries
GDP per capita
vvp
107563
USD
#1 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 73.26 USD Billion 2020
GDP Annual Growth Rate 4.9 % 1Q/21
GDP Growth Rate 1.4 % 1Q/21
GDP per capita 107563 USD 2020
GDP Constant Prices 13529 EUR Million | 15.991 B USD 1Q/21
GDP per capita PPP 110261 USD 2020


Budget Indicators

Indicator Data Period
Government Debt to GDP 24.9 % 2020
Government Budget Value 1543 EUR Million | 1.824 USD Billion 2019
Government Spending 2487 EUR Million | 2.94 USD Billion 1Q/21
Government Revenues 28354 EUR Million | 33.514 USD Billion 2019
Fiscal Expenditure  26811 EUR Million | 31.69 B USD 2019
Government Budget to GDP -4.1 % 2020
Government Spending to GDP 47.8 % 2020
Military Expenditure 479 USD Million | 0.479 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 109 index points Jun/21
Food Inflation 0 % Jun/21
Gasoline Prices 1.59 USD/Liter Jun/21
GDP Deflator 126 index points 1Q/21
Inflation Rate YoY 2.2 % Jun/21
Producer Prices 109 index points May/21
Inflation Rate Mom 0.2 % Jun/21
Core Consumer Prices 108 Index Points May/21
Core Inflation Rate 1.3 % Jun/21
CPI Housing Utilities 109 Index Points Jun/21
CPI Transportation 107 Index Points Jun/21
Harmonised Consumer Prices 109 Index Points Jun/21
Producer Prices Change  2 % May/21


Trade Indicators

Indicator Data Period
Current Account to GDP 4.5 % 2019
Balance of Trade -0.51 EUR Billion | -0.603 USD Billion Apr/21
Capital Flows 219 EUR Million | 0.259 USD Billion 1Q/21
Current Account 352 EUR Million | 0.416 USD Billion 1Q/21
Exports 1.14 EUR Billion | 1.347 USD Billion Apr/21
External Debt 3381919 EUR Thousand | 3.997 USD Billion 1Q/21
Foreign Exchange Reserves 950 EUR Million | 1.123 USD Billion Jun/21
Imports 1.65 EUR Billion | 1.95 USD Billion Apr/21


Money Indicators

Indicator Data Period
Bank Lending Rate 1.41 % May/21
Gold Reserves 2.24 Tonnes 1Q/21
Interest Rate 0 % Jun/21
Loans to Private Sector 28899 EUR Million | 34.158 USD Billion May/21
Money Supply M0 4.4 EUR Billion | 5.201 USD Billion May/21
Money Supply M1 333 EUR Billion | 393.598 USD Billion May/21
Money Supply M2 362 EUR Billion | 427.876 USD Billion May/21
Money Supply M3 457 EUR Billion | 540.164 USD Billion May/21
Central Bank Balance Sheet 328897 EUR Million | 388.749 B USD May/21
Foreign Direct Investment -5898 EUR Million | -6.971 B USD 1Q/21


Labor Indicators

Indicator Data Period
Minimum Wages 2202 EUR/Month | 2602.714 USD/Month 1Q/21
Retirement Age Men 65 2020
Retirement Age Women 65 2020
Unemployment Rate 5.9 % May/21
Wages 5487 EUR/ Month | 6485.509 USD/Month 2019
Youth Unemployment Rate 19.9 % May/21
Employed Persons 487410 Person | 0.487 Million Person May/21
Employment Change  0.5 % 1Q/21
Employment Rate  68.5 % 4Q/20
Full Time Employment 242 Thousand Person 4Q/20
Labor Force Participation Rate 61.8 % 4Q/20
Long Term Unemployment Rate 1.9 % 1Q/21
Part Time Employment 51.9 Thousand Persons 4Q/20
Unemployed Persons 17340 Persons | 0.017 Million Persons May/21


Taxes



Production Indicators

Indicator Data Period
Electricity Production 196 GWh Apr/21
Industrial Production -3.4 % Feb/21
Mining Production -9.9 % May/21
Steel Production 113 Thousand Tonnes Dec/20


Business Indicators

Indicator Data Period
Bankruptcies 1198 Companies 2020
Business Confidence 122 index points Jun/21
Corruption Index 80 index points 2020
Corruption Rank 9 place 2020
Ease of Doing Business 72 place 2019
Manufacturing Production 26.5 % May/21
Competitiveness Index 77.03 Index Points 2019
Competitiveness Rank 18 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence 1.1 index points Jun/21
Private Debt To GDP 466 % 2019
Retail Sales MoM -0.7 % May/21
Retail Sales YoY 0.7 % Feb/21
Consumer Credit 1717 EUR Million | 2.029 USD Billion May/21
Consumer Spending 3691 EUR Million | 4.363 USD Billion 1Q/21
Households Debt To GDP 70.8 % 4Q/20


Housing Market

Indicator Data Period
Construction Output 106 % Apr/21


Gold Reserves
gold_reserve_icon
2.24
Tonnes
#87 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
1.123
USD Billion
#99 from 114 countries


Government Budget Value
balance_icon
1.824
USD Billion
#18 from 113 countries
Inflation Rate
inflation_icon
2.2
%
#112 from 174 countries


Interest Rate
discount_rate_icon
0
%
#153 from 159 countries
Bank Lending Rate
credit_rate_icon
1.41%
#48 from 55 countries


Unemployment Rate
unemployment_icon
5.9
%
#101 from 171 countries
Wages
salary_icon
6485.509
USD/Month
#3 from 82 countries


Retirement Age
man_icon
woman_icon
65
65
men
women
Taxes
company_icon
private_icon
24.94%
45.78%
company profits
income of individuals