Luxembourg LU: GDP: Real: Gross Value Added at Basic Prices

1995 - 2024 | Yearly | EUR mn | World Bank

Luxembourg LU: GDP: Real: Gross Value Added at Basic Prices data was reported at 61,860.791 EUR mn in 2024. This records an increase from the previous number of 61,818.296 EUR mn for 2023. Luxembourg LU: GDP: Real: Gross Value Added at Basic Prices data is updated yearly, averaging 46,131.779 EUR mn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 62,842.215 EUR mn in 2021 and a record low of 27,709.046 EUR mn in 1995. Luxembourg LU: GDP: Real: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank.WDI: Gross Domestic Product: Real. Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;

View Luxembourg's Luxembourg LU: GDP: Real: Gross Value Added at Basic Prices from 1995 to 2024 in the chart:

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Luxembourg Luxembourg LU: GDP: Real: Gross Value Added at Basic Prices
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Luxembourg Luxembourg LU: GDP: Real: Gross Value Added at Basic Prices

What was Luxembourg's Luxembourg LU: GDP: Real: Gross Value Added at Basic Prices in 2024?

Last Previous Min Max Unit Frequency Range
61,860.791 2024 61,818.296 2023 27,709.046 1995 62,842.215 2021 EUR mn yearly 1995 - 2024

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Luxembourg Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 167,444.442 2030 yearly 1980 - 2030
Forecast: Nominal GDP Per Capita (USD) 167,577.477 2030 yearly 1980 - 2030
Forecast: Real GDP Growth (%) 2.287 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 2.6 Jun 2025 quarterly Mar 1996 - Jun 2025
GDP per Capita (USD) 136,677.826 2024 yearly 1995 - 2024
Gross Fixed Capital Formation (USD mn) 3,697.030 Jun 2025 quarterly Mar 1995 - Jun 2025
Gross Savings Rate (%) 47.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Investment: % of GDP (%) 15.4 Jun 2025 quarterly Mar 1995 - Jun 2025
Nominal GDP (USD mn) 24,858.5 Jun 2025 quarterly Mar 1995 - Jun 2025
Nominal GDP Growth (%) 2.358 Jun 2025 quarterly Mar 1996 - Jun 2025
Private Consumption Expenditure (USD mn) 8,370.607 Jun 2025 quarterly Mar 1995 - Jun 2025
Private Consumption: % of GDP (%) 33.8 Jun 2025 quarterly Mar 1995 - Jun 2025
Public Consumption Expenditure (USD mn) 5,062.088 Jun 2025 quarterly Mar 1995 - Jun 2025
Public Consumption: % of GDP (%) 19.1 Jun 2025 quarterly Mar 1995 - Jun 2025
Real GDP Growth (%) -0.2 Jun 2025 quarterly Mar 1996 - Jun 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 347.828 Jun 2025 quarterly Mar 1995 - Jun 2025
Gross National Product (GNP) (USD mn) 60,960.152 2024 yearly 1960 - 2024
Production Last Frequency Range
Industrial Production Index Growth (%) 1.4 Oct 2025 monthly Jan 2011 - Oct 2025
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) -17.8 Feb 2013 monthly Jan 2006 - Feb 2013
Construction and Properties Last Frequency Range
Building Permits (Unit) 234.000 Mar 2023 monthly Jan 1992 - Mar 2023
House Prices Growth (%) 4.5 Jun 2025 quarterly Mar 2008 - Jun 2025
Nominal Residential Property Price Index (2010=100) 211.876 Jun 2025 quarterly Mar 2007 - Jun 2025
Nominal Residential Property Price Index Growth (%) 4.557 Jun 2025 quarterly Mar 2008 - Jun 2025
Real Residential Property Price Index (2010=100) 154.648 Jun 2025 quarterly Mar 2007 - Jun 2025
Real Residential Property Price Index Growth (%) 2.554 Jun 2025 quarterly Mar 2008 - Jun 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.9 2024 yearly 1995 - 2024
Forecast: Government Expenditure (EUR bn) 55.278 2030 yearly 1995 - 2030
Forecast: Government Net Debt (EUR bn) 33.450 2030 yearly 1995 - 2030
Forecast: Government Revenue (EUR bn) 52.750 2030 yearly 1995 - 2030
Government Debt: % of GDP (%) 25.1 Jun 2025 quarterly Dec 1997 - Jun 2025
National Government Debt (USD mn) 25,740.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Tax Revenue (USD mn) 28,386.308 2024 yearly 1995 - 2024
Consolidated Fiscal Balance (%) 0.888 2024 yearly 1995 - 2024
Tax Revenue: % of GDP (%) 30.5 2024 yearly 1995 - 2024

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