Luxembourg Real GDP Growth
The Gross Domestic Product (GDP) in Luxembourg contracted 0.2 % YoY in Mar 2020, following a growth of 3.0 % in the previous quarter. Real GDP Growth YoY data in Luxembourg is updated quarterly, available from Mar 1996 to Mar 2020, with an average rate of 3.3 %. The data reached an all-time high of 12.2 % in Mar 2000 and a record low of -7.0 % in Jun 2009. CEIC calculates Real GDP Growth from quarterly Real GDP. The Portal of Statistics of Luxembourg provides Real GDP in EUR, at chain linked 2010 prices.
In the latest reports, Nominal GDP of Luxembourg reached 17.4 USD bn in Mar 2020. Its GDP deflator (implicit price deflator) increased 2.8 % in Mar 2020. GDP Per Capita in Luxembourg reached 113,566.5 USD in Dec 2019. Its Gross Savings Rate was measured at 53.5 % in Mar 2020.
View Luxembourg's Real GDP Growth from Mar 1996 to Mar 2020 in the chart:
What was Luxembourg's Real GDP Growth in Mar 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -0.2 Mar 2020 | 3.0 Dec 2019 | -7.0 Jun 2009 | 12.2 Mar 2000 | % | quarterly | Mar 1996 - Mar 2020 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -11.0 Jun 2020 | quarterly | Mar 2010 - Jun 2020 |
| Algeria (%) | -3.9 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Argentina (%) | -19.8 Jun 2020 | quarterly | Mar 2005 - Jun 2020 |
| Armenia (%) | -9.1 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Australia (%) | -6.3 Jun 2020 | quarterly | Sep 1960 - Jun 2020 |
| Austria (%) | -14.5 Jun 2020 | quarterly | Mar 1989 - Jun 2020 |
| Azerbaijan (%) | 0.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | -8.9 Jun 2020 | quarterly | Mar 2009 - Jun 2020 |
| Bangladesh (%) | 5.2 2020 | yearly | 2007 - 2020 |
| Belarus (%) | -3.3 Jun 2020 | quarterly | Mar 2006 - Jun 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 1.4 Mar 2020 | quarterly | Dec 2009 - Mar 2020 |
| Tax Revenue (USD mn) | 19,859.482 2019 | yearly | 1995 - 2019 |
| Tax Revenue: % of GDP (%) | 27.9 2019 | yearly | 1995 - 2019 |
| National Government Debt (USD mn) | 19,408.7 Sep 2020 | quarterly | Dec 1995 - Sep 2020 |
| Government Debt: % of GDP (%) | 22.3 Mar 2020 | quarterly | Dec 1997 - Mar 2020 |
| Forecast: Government Expenditure (EUR bn) | 34.942 2025 | yearly | 1995 - 2025 |
| Forecast: Government Net Debt (EUR bn) | 22.446 2025 | yearly | 1995 - 2025 |
| Forecast: Government Revenue (EUR bn) | 34.943 2025 | yearly | 1995 - 2025 |
| General Government Debt: Consolidated (EUR mn) | 16,556.100 Sep 2020 | quarterly | Dec 1995 - Sep 2020 |
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