This small, stable, high-income economy has historically featured solid growth, low inflation, and low unemployment. Luxembourg, the only Grand Duchy in the world, is a landlocked country in northwestern Europe surrounded by Belgium, France, and Germany. Despite its small landmass and small population, Luxembourg is the second-wealthiest country in the world when measured on a gross domestic product (PPP) per capita basis. Luxembourg has one of the highest current account surpluses as a share of GDP in the euro zone, and it maintains a healthy budgetary position, with a 2017...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Investment | 2022 Q3 | 2,750 | 2,791 | Mil. Ch. 2015 EUR, SA | Quarterly |
Investment | 2022 Q3 | 3,368 | 3,492 | Mil. EUR, SA | Quarterly |
Nominal Gross Domestic Product | 2022 Q3 | 20,154 | 19,697 | Mil. EUR, SA | Quarterly |
Real Gross Domestic Product | 2022 Q3 | 15,958 | 15,783 | Mil. Ch. 2015 EUR, SA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2021 | 10,568 | 9,900 | Mil. Ch. 2015 EUR | Annual |
Nominal Fixed Investment (gross fixed capital formation) | 2021 | 11,963 | 10,694 | Mil. EUR | Annual |
Real Private Consumption | 2021 Q1 | 3,691 | 3,768 | Mil. Ch. 2010 EUR, SA | Quarterly |
Price | Reference | Last | Previous | Units | Frequency |
Producer Price Index (PPI) | Dec 2017 | 105.14 | 105.29 | Index 2010=100, NSA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Total Employment | Dec 2022 | 290,879 | 293,128 | #, NSA | Monthly |
Unemployment | Dec 2022 | 15,760 | 14,622 | #, NSA | Monthly |
Labor Force | Dec 2022 | 306,639 | 307,750 | #, NSA | Monthly |
Unemployment Rate | Dec 2022 | 5.14 | 4.75 | %, NSA | Monthly |
Labor Force Employment | Dec 2022 | 290,879 | 293,128 | #, NSA | Monthly |
Wage & Salaries | 2020 | 31,777 | 31,400 | Mil. EUR | Annual |
Agriculture Employment | 2017 | 2,936 | 2,893 | # | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Imports of Goods | 2022 Q3 | 6,701 | 6,895 | Mil. EUR, NSA | Quarterly |
Exports of Goods | 2022 Q3 | 6,498 | 7,541 | Mil. EUR, NSA | Quarterly |
Balance of Goods | 2022 Q3 | -203 | 646 | Mil. EUR, NSA | Quarterly |
Current Account Balance | 2022 Q3 | 526.2 | 1,452 | Mil. EUR, NSA | Quarterly |
Exports of Goods and Services | 2021 Q1 | 38,358 | 37,014 | Mil. EUR, SA | Quarterly |
Real Imports of Goods and Services | 2021 Q1 | 22,958 | 22,518 | Mil. Ch. 2010 EUR, SA | Quarterly |
Real Exports of Goods and Services | 2021 Q1 | 27,583 | 27,251 | Mil. Ch. 2010 EUR, SA | Quarterly |
Imports of Goods and Services | 2021 Q1 | 31,211 | 30,195 | Mil. EUR, SA | Quarterly |
Markets | Reference | Last | Previous | Units | Frequency |
Average Long-term Government Bond | Dec 2022 | 2.68 | 2.7 | % p.a., NSA | Monthly |
Stock Market Index | Dec 2022 | 1,460 | 1,466 | period averages; index levels in points, NSA | Monthly |
Lending Rate | Nov 2022 | 2.84 | 2.45 | % p.a., NSA | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
House Price Index | 2022 Q3 | 186.55 | 194.94 | Index 2005Q1=100, NSA | Quarterly |
Residential Building Permits | Sep 2022 | 45 | 47 | #, NSA | Monthly |
Non-residential Building Permits | Sep 2022 | 252 | 296 | #, NSA | Monthly |
Building Permits | Sep 2022 | 2,088 | 2,436 | #, SAAR | Monthly |
House Price Index for Existing Homes | 2022 Q3 | 195.52 | 194.29 | Index 2015=100, NSA | Quarterly |
House Price Index for New Homes | 2022 Q3 | 187.76 | 176.98 | Index 2015=100, NSA | Quarterly |
Building Completions | 2019 | 253 | 277 | # | Annual |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | Jan 2023 | -15.6 | -20.9 | SA | Monthly |
Retail Sales | Nov 2022 | 44.86 | 45.63 | Index 2015=100, NSA | Monthly |
Real Retail Sales | Nov 2022 | 35.7 | 36.3 | Vol. Index 2015=100, NSA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Capacity Utilization | 2023 Q1 | 74.3 | 79.8 | %, SA | Quarterly |
Business Confidence | Jan 2023 | -13.6 | -15.6 | SA | Monthly |
Industrial Production | Nov 2022 | 97.01 | 94.37 | Vol. Index 2015=100, NSA | Monthly |
Change in Inventories | 2021 | 710.89 | 389.1 | Mil. EUR | Annual |
Real Change in Inventories | 2021 | 588.46 | 340.11 | Mil. Ch. 2015 EUR | Annual |
Demographics | Reference | Last | Previous | Units | Frequency |
Population | 2022 | 645.4 | 634.73 | Ths. # | Annual |
Births | 2021 | 6.69 | 6.46 | Ths. #, NSA | Annual |
Deaths | 2021 | 4.49 | 4.61 | Ths. #, NSA | Annual |
Net Migration | 2017 | 25,001 | # | Annual | |
Birth Rate | 2016 | 10.4 | 10.7 | # per Ths. pop. | Annual |
Death Rate | 2016 | 6.8 | # per Ths. pop. | Annual |