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 | 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
73.26
USD Billion
#76 from 174 countries
GDP per capita
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
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 24.94 % | 2021 |
| Personal Income Tax Rate | 45.78 % | 2021 |
| Sales Tax Rate | 17 % | 2021 |
| Social Security Rate | 27.62 % | 2021 |
| Social Security Rate For Companies | 15.17 % | 2021 |
| Social Security Rate For Employees | 12.45 % | 2021 |
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
2.24
Tonnes
#87 from 114 countries
Foreign Exchange Reserves
1.123
USD Billion
#99 from
114 countries
Government Budget Value
1.824
USD Billion
#18 from 113 countries
Inflation Rate
2.2
%
#112 from
174 countries
Interest Rate
0
%
#153 from
159 countries
Bank Lending Rate
1.41%
#48 from
55 countries
Unemployment Rate
5.9
%
#101 from
171 countries
Wages
6485.509
USD/Month
#3 from
82 countries
Retirement Age
65
65
men
women
Taxes
24.94%
45.78%
company profits
income of individuals
