Economy of Luxembourg. Statistics, Data and Indicators

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

Luxembourg Major Economic Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 71.1 USD Billion | 2019 |
GDP Annual Growth Rate | 0.5 % | 3Q/20 |
GDP Growth Rate | 9.8 % | 3Q/20 |
GDP per capita | 111062 USD | 2019 |
Inflation Rate YoY | 0.6 % | Dec/20 |
Interest Rate | 0 % | Dec/20 |
Unemployment Rate | 6.3 % | Nov/20 |
Wages | 5383 EUR/ Month | 6501.208 USD/Month | 2018 |
Balance of Trade | -0.53 EUR Billion | -0.64 B USD | Oct/20 |
Current Account | 210 EUR Million | 0.254 B USD | 3Q/20 |
Foreign Exchange Reserves | 971 EUR Million | 1.173 B USD | Dec/20 |
GDP

71.1
USD Billion
#76 from 174 countries
GDP per capita

111062
USD
#1 from 169 countries
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 71.1 USD Billion | 2019 |
GDP Annual Growth Rate | 0.5 % | 3Q/20 |
GDP Growth Rate | 9.8 % | 3Q/20 |
GDP per capita | 111062 USD | 2019 |
GDP Constant Prices | 13163 EUR Million | 15.897 B USD | 3Q/20 |
GDP per capita PPP | 114482 USD | 2019 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 22.1 % | 2019 |
Government Budget Value | 1600 EUR Million | 1.932 USD Billion | 2018 |
Government Spending | 2382 EUR Million | 2.877 USD Billion | 3Q/20 |
Government Revenues | 26788 EUR Million | 32.353 USD Billion | 2018 |
Fiscal Expenditure | 25188 EUR Million | 30.42 B USD | 2018 |
Government Budget to GDP | 2.2 % | 2019 |
Government Spending to GDP | 42.6 % | 2019 |
Military Expenditure | 393 USD Million | 0.393 B USD | 2018 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 107 index points | Dec/20 |
Food Inflation | 2.83 % | Nov/20 |
Gasoline Prices | 1.4 USD/Liter | Dec/20 |
GDP Deflator | 123 index points | 3Q/20 |
Inflation Rate YoY | 0.6 % | Dec/20 |
Producer Prices | 98.39 index points | Nov/20 |
Inflation Rate Mom | -0.21 % | Nov/20 |
Core Consumer Prices | 107 Index Points | Nov/20 |
Core Inflation Rate | 0.9 % | Nov/20 |
CPI Housing Utilities | 104 Index Points | Dec/20 |
CPI Transportation | 103 Index Points | Dec/20 |
Harmonised Consumer Prices | 106 Index Points | Dec/20 |
Producer Prices Change | -5 % | Nov/20 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | 4.5 % | 2019 |
Balance of Trade | -0.53 EUR Billion | -0.64 USD Billion | Oct/20 |
Capital Flows | 122 EUR Million | 0.147 USD Billion | 3Q/20 |
Current Account | 210 EUR Million | 0.254 USD Billion | 3Q/20 |
Exports | 1.1 EUR Billion | 1.329 USD Billion | Oct/20 |
External Debt | 3315098 EUR Thousand | 4.004 USD Billion | 3Q/20 |
Foreign Exchange Reserves | 971 EUR Million | 1.173 USD Billion | Dec/20 |
Imports | 1.63 EUR Billion | 1.969 USD Billion | Oct/20 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Bank Lending Rate | 1.49 % | Nov/20 |
Gold Reserves | 2.24 Tonnes | 3Q/20 |
Interest Rate | 0 % | Dec/20 |
Loans to Private Sector | 28278 EUR Million | 34.152 USD Billion | Nov/20 |
Money Supply M0 | 4.1 EUR Billion | 4.952 USD Billion | Nov/20 |
Money Supply M1 | 305 EUR Billion | 368.357 USD Billion | Nov/20 |
Money Supply M2 | 334 EUR Billion | 403.382 USD Billion | Nov/20 |
Money Supply M3 | 421 EUR Billion | 508.454 USD Billion | Nov/20 |
Central Bank Balance Sheet | 261881 EUR Million | 316.281 B USD | Oct/20 |
Foreign Direct Investment | -78746 EUR Million | -95.104 B USD | 1Q/20 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Minimum Wages | 2142 EUR/Month | 2586.957 USD/Month | 3Q/20 |
Retirement Age Men | 65 | 2020 |
Retirement Age Women | 65 | 2020 |
Unemployment Rate | 6.3 % | Nov/20 |
Wages | 5383 EUR/ Month | 6501.208 USD/Month | 2018 |
Youth Unemployment Rate | 21.5 % | Nov/20 |
Employed Persons | 480582 Person | 0.481 Million Person | Nov/20 |
Employment Change | -0.6 % | 2Q/20 |
Employment Rate | 66.9 % | 3Q/20 |
Full Time Employment | 233 Thousand Person | 3Q/20 |
Labor Force Participation Rate | 61.3 % | 3Q/20 |
Long Term Unemployment Rate | 1.9 % | 3Q/20 |
Part Time Employment | 53.2 Thousand Persons | 3Q/20 |
Unemployed Persons | 18159 Persons | 0.018 Million Persons | Nov/20 |
Taxes
Indicator | Data | Period |
---|---|---|
Corporate Tax Rate | 24.94 % | 2020 |
Personal Income Tax Rate | 45.78 % | 2020 |
Sales Tax Rate | 17 % | 2020 |
Social Security Rate | 27.44 % | 2020 |
Social Security Rate For Companies | 14.99 % | 2020 |
Social Security Rate For Employees | 12.45 % | 2020 |
Production Indicators
Indicator | Data | Period |
---|---|---|
Electricity Production | 185 GWh | Oct/20 |
Industrial Production | -3.2 % | Oct/20 |
Mining Production | 1 % | Oct/20 |
Steel Production | 175 Thousand Tonnes | Nov/20 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Bankruptcies | 1262 Companies | 2019 |
Business Confidence | 105 index points | Dec/20 |
Corruption Index | 80 index points | 2019 |
Corruption Rank | 9 place | 2019 |
Ease of Doing Business | 72 place | 2019 |
Manufacturing Production | -4.8 % | Oct/20 |
Competitiveness Index | 77.03 Index Points | 2019 |
Competitiveness Rank | 18 | 2019 |
Consumer Indicators
Indicator | Data | Period |
---|---|---|
Consumer Confidence | -11.5 index points | Dec/20 |
Private Debt To GDP | 485 % | 2018 |
Retail Sales MoM | 0.3 % | Nov/20 |
Retail Sales YoY | 7.3 % | Sep/20 |
Consumer Credit | 1798 EUR Million | 2.171 USD Billion | Nov/20 |
Consumer Spending | 3836 EUR Million | 4.633 USD Billion | 3Q/20 |
Households Debt To GDP | 68.8 % | 2Q/20 |
Housing Market
Indicator | Data | Period |
---|---|---|
Construction Output | -6.6 % | Oct/20 |
Gold Reserves

2.24
Tonnes
#87 from 114 countries
Foreign Exchange Reserves

1.173
USD Billion
#99 from
114 countries
Government Budget Value

1.932
USD Billion
#18 from 113 countries
Inflation Rate

0.6
%
#112 from
174 countries
Interest Rate

0
%
#153 from
159 countries
Bank Lending Rate

1.49%
#48 from
55 countries
Unemployment Rate

6.3
%
#101 from
171 countries
Wages

6501.208
USD/Month
#3 from
82 countries
Retirement Age


65
65
men
women
Taxes


24.94%
45.78%
company profits
income of individuals