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 | 86.71 USD Billion | 2021 |
GDP Annual Growth Rate | 4 % | 1Q/22 |
GDP Growth Rate | 1.2 % | 1Q/22 |
GDP per capita | 110584 USD | 2021 |
Inflation Rate YoY | 6.7 % | Jul/22 |
Interest Rate | 0.5 % | Jul/22 |
Unemployment Rate | 4.7 % | Jun/22 |
Wages | 5466 EUR/ Month | 5563.755 USD/Month | 2020 |
Balance of Trade | -0.59 EUR Billion | -0.601 B USD | May/22 |
Current Account | 440 EUR Million | 0.448 B USD | 1Q/22 |
Foreign Exchange Reserves | 2693 EUR Million | 2.741 B USD | Jun/22 |
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 86.71 USD Billion | 2021 |
GDP Annual Growth Rate | 4 % | 1Q/22 |
GDP Growth Rate | 1.2 % | 1Q/22 |
GDP per capita | 110584 USD | 2021 |
GDP Constant Prices | 16345 EUR Million | 16.637 B USD | 1Q/22 |
GDP per capita PPP | 118680 USD | 2021 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 24.4 % | 2021 |
Government Budget Value | -2620 EUR Million | -2.667 USD Billion | 2020 |
Government Spending | 2838 EUR Million | 2.889 USD Billion | 1Q/22 |
Government Revenues | 28034 EUR Million | 28.535 USD Billion | 2020 |
Fiscal Expenditure | 30654 EUR Million | 31.202 B USD | 2020 |
Government Budget to GDP | 0.9 % | 2021 |
Government Spending to GDP | 42.3 % | 2021 |
Military Expenditure | 479 USD Million | 0.479 B USD | 2020 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 116 index points | Jul/22 |
Food Inflation | 6.8 % | Jun/22 |
Gasoline Prices | 1.99 USD/Liter | Jun/22 |
GDP Deflator | 119 index points | 1Q/22 |
Inflation Rate YoY | 6.7 % | Jul/22 |
Producer Prices | 146 index points | Jun/22 |
Inflation Rate Mom | -1 % | Jul/22 |
Core Consumer Prices | 113 Index Points | Jun/22 |
Core Inflation Rate | 4.8 % | Jun/22 |
CPI Housing Utilities | 119 Index Points | Jul/22 |
CPI Transportation | 121 Index Points | Jul/22 |
Harmonised Consumer Prices | 119 Index Points | Jul/22 |
Producer Prices Change | 30 % | Jun/22 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | 4.8 % | 2021 |
Balance of Trade | -0.59 EUR Billion | -0.601 USD Billion | May/22 |
Capital Flows | 383 EUR Million | 0.39 USD Billion | 1Q/22 |
Current Account | 440 EUR Million | 0.448 USD Billion | 1Q/22 |
Exports | 1.49 EUR Billion | 1.517 USD Billion | May/22 |
External Debt | 3519702 EUR Thousand | 3.583 USD Billion | 1Q/22 |
Foreign Exchange Reserves | 2693 EUR Million | 2.741 USD Billion | Jun/22 |
Imports | 2.08 EUR Billion | 2.117 USD Billion | May/22 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Bank Lending Rate | 1.34 % | Jun/22 |
Gold Reserves | 2.24 Tonnes | 1Q/22 |
Interest Rate | 0.5 % | Jul/22 |
Loans to Private Sector | 27717 EUR Million | 28.213 USD Billion | Jun/22 |
Money Supply M0 | 4.8 EUR Billion | 4.886 USD Billion | Jun/22 |
Money Supply M1 | 370 EUR Billion | 376.617 USD Billion | Jun/22 |
Money Supply M2 | 405 EUR Billion | 412.243 USD Billion | Jun/22 |
Money Supply M3 | 512 EUR Billion | 521.157 USD Billion | Jun/22 |
Central Bank Balance Sheet | 393549 EUR Million | 400.587 B USD | Jun/22 |
Foreign Direct Investment | 59823 EUR Million | 60.893 B USD | 4Q/21 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Minimum Wages | 2313 EUR/Month | 2354.366 USD/Month | 3Q/22 |
Retirement Age Men | 65 | 2020 |
Retirement Age Women | 65 | 2020 |
Unemployment Rate | 4.7 % | Jun/22 |
Wages | 5466 EUR/ Month | 5563.755 USD/Month | 2020 |
Youth Unemployment Rate | 13.7 % | Jun/22 |
Employed Persons | 505001 Person | 0.505 Million Person | Jun/22 |
Employment Change | 0.9 % | 4Q/21 |
Employment Rate | 70.6 % | 1Q/22 |
Full Time Employment | 248 Thousand Person | 4Q/21 |
Labor Force Participation Rate | 62.9 % | 1Q/22 |
Long Term Unemployment Rate | 1.2 % | 1Q/22 |
Part Time Employment | 53.1 Thousand Persons | 4Q/21 |
Unemployed Persons | 13638 Persons | 0.014 Million Persons | Jun/22 |
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 | 200 GWh | May/22 |
Industrial Production | -1.82 % | May/22 |
Mining Production | -22.4 % | May/22 |
Steel Production | 113 Thousand Tonnes | Dec/20 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Bankruptcies | 1180 Companies | 2021 |
Business Confidence | 94.2 index points | Jul/22 |
Corruption Index | 81 index points | 2021 |
Corruption Rank | 9 place | 2021 |
Ease of Doing Business | 72 place | 2019 |
Manufacturing Production | -2.8 % | May/22 |
Competitiveness Index | 77.03 Index Points | 2019 |
Competitiveness Rank | 18 | 2019 |
Consumer Indicators
Indicator | Data | Period |
---|---|---|
Consumer Confidence | -22.6 index points | Jul/22 |
Private Debt To GDP | 464 % | 2019 |
Retail Sales MoM | -0.6 % | Jun/22 |
Retail Sales YoY | -2.48 % | May/22 |
Consumer Credit | 1720 EUR Million | 1.751 USD Billion | Jun/22 |
Consumer Spending | 4786 EUR Million | 4.872 USD Billion | 1Q/22 |
Households Debt To GDP | 66.1 % | 4Q/21 |
Housing Market
Indicator | Data | Period |
---|---|---|
Construction Output | 2.6 % | May/22 |