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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 71.1 USD Billion 2019
GDP Annual Growth Rate -7.8 % 2Q/20
GDP Growth Rate -7.2 % 2Q/20
GDP per capita 111062 USD 2019
Inflation Rate YoY 0.7 % Sep/20
Interest Rate 0 % Sep/20
Unemployment Rate 6.3 % Sep/20
Wages 5383 EUR/ Month | 6318.817 USD/Month 2018
Balance of Trade -0.42 EUR Billion | -0.493 B USD Aug/20
Current Account 546 EUR Million | 0.641 B USD 2Q/20
Foreign Exchange Reserves 971 EUR Million | 1.14 B USD Sep/20


GDP
vvp
71.1
USD Billion
#76 from 174 countries
GDP per capita
vvp
111062
USD
#1 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 71.1 USD Billion 2019
GDP Annual Growth Rate -7.8 % 2Q/20
GDP Growth Rate -7.2 % 2Q/20
GDP per capita 111062 USD 2019
GDP Constant Prices 12738 EUR Million | 14.952 B USD 1Q/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 | 1.878 USD Billion 2018
Government Spending 2262 EUR Million | 2.655 USD Billion 1Q/20
Government Revenues 26788 EUR Million | 31.445 USD Billion 2018
Fiscal Expenditure  25188 EUR Million | 29.567 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 Sep/20
Food Inflation 2.96 % Sep/20
Gasoline Prices 1.34 USD/Liter Sep/20
GDP Deflator 123 index points 1Q/20
Inflation Rate YoY 0.7 % Sep/20
Producer Prices 104 index points Aug/20
Inflation Rate Mom 0 % Sep/20
Core Consumer Prices 107 Index Points Sep/20
Core Inflation Rate 1.2 % Sep/20
CPI Housing Utilities 104 Index Points Sep/20
CPI Transportation 102 Index Points Sep/20
Harmonised Consumer Prices 106 Index Points Sep/20
Producer Prices Change  -0.8 % Aug/20


Trade Indicators

Indicator Data Period
Current Account to GDP 4.5 % 2019
Balance of Trade -0.42 EUR Billion | -0.493 USD Billion Aug/20
Capital Flows 481 EUR Million | 0.565 USD Billion 2Q/20
Current Account 546 EUR Million | 0.641 USD Billion 2Q/20
Exports 0.91 EUR Billion | 1.068 USD Billion Aug/20
External Debt 3553642 EUR Thousand | 4.171 USD Billion 2Q/20
Foreign Exchange Reserves 971 EUR Million | 1.14 USD Billion Sep/20
Imports 1.34 EUR Billion | 1.573 USD Billion Aug/20


Money Indicators

Indicator Data Period
Bank Lending Rate 1.57 % Aug/20
Gold Reserves 2.2 Tonnes 2Q/20
Interest Rate 0 % Sep/20
Loans to Private Sector 28632 EUR Million | 33.61 USD Billion Sep/20
Money Supply M0 3.9 EUR Billion | 4.578 USD Billion Aug/20
Money Supply M1 287 EUR Billion | 336.894 USD Billion Aug/20
Money Supply M2 318 EUR Billion | 373.283 USD Billion Aug/20
Money Supply M3 408 EUR Billion | 478.929 USD Billion Aug/20
Central Bank Balance Sheet 256022 EUR Million | 300.531 B USD Sep/20
Foreign Direct Investment -78746 EUR Million | -92.436 B USD 1Q/20


Labor Indicators

Indicator Data Period
Minimum Wages 2142 EUR/Month | 2514.38 USD/Month 3Q/20
Retirement Age Men 65 2020
Retirement Age Women 65 2020
Unemployment Rate 6.3 % Sep/20
Wages 5383 EUR/ Month | 6318.817 USD/Month 2018
Youth Unemployment Rate 23.2 % Aug/20
Employed Persons 475370 Person | 0.475 Million Person Sep/20
Employment Change  -0.6 % 2Q/20
Employment Rate  66.9 % 2Q/20
Full Time Employment 236 Thousand Person 2Q/20
Labor Force Participation Rate 60 % 1Q/20
Long Term Unemployment Rate 1.4 % 1Q/20
Part Time Employment 50.8 Thousand Persons 2Q/20
Unemployed Persons 17875 Persons | 0.018 Million Persons Sep/20


Taxes



Production Indicators

Indicator Data Period
Electricity Production 74 GWh Dec/19
Industrial Production -16.2 % Jun/20
Mining Production 55.8 % Jul/20
Steel Production 173 Thousand Tonnes Sep/20


Business Indicators

Indicator Data Period
Bankruptcies 1262 Companies 2019
Business Confidence 96.9 index points Sep/20
Corruption Index 80 index points 2019
Corruption Rank 9 place 2019
Ease of Doing Business 72 place 2019
Manufacturing Production -17.9 % Jun/20
Competitiveness Index 77.03 Index Points 2019
Competitiveness Rank 18 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence -11.7 index points Sep/20
Private Debt To GDP 485 % 2018
Retail Sales MoM 0.3 % Aug/20
Retail Sales YoY -11.9 % May/20
Consumer Credit 1872 EUR Million | 2.197 USD Billion Sep/20
Consumer Spending 3725 EUR Million | 4.373 USD Billion 1Q/20
Households Debt To GDP 66.7 % 1Q/20


Housing Market

Indicator Data Period
Construction Output 2.1 % Jul/20


Gold Reserves
gold_reserve_icon
2.2
Tonnes
#87 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
1.14
USD Billion
#99 from 114 countries


Government Budget Value
balance_icon
1.878
USD Billion
#18 from 113 countries
Inflation Rate
inflation_icon
0.7
%
#112 from 174 countries


Interest Rate
discount_rate_icon
0
%
#153 from 159 countries
Bank Lending Rate
credit_rate_icon
1.57%
#48 from 55 countries


Unemployment Rate
unemployment_icon
6.3
%
#101 from 171 countries
Wages
salary_icon
6318.817
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