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 Q1 | 2,916 | 3,107 | Mil. Ch. 2015 EUR, SA | Quarterly |
Nominal Gross Domestic Product | 2022 Q1 | 19,888 | 19,316 | Mil. EUR, SA | Quarterly |
Investment | 2022 Q1 | 3,504 | 3,575 | Mil. EUR, SA | Quarterly |
Real Gross Domestic Product | 2022 Q1 | 16,345 | 16,144 | Mil. Ch. 2015 EUR, SA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2021 | 12,673 | 10,788 | Mil. EUR | Annual |
Real Fixed Investment (gross fixed capital formation) | 2021 | 11,193 | 9,965 | Mil. Ch. 2015 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 |
Labor Force | May 2022 | 303,532 | 302,659 | #, NSA | Monthly |
Unemployment Rate | May 2022 | 4.59 | 4.71 | %, NSA | Monthly |
Labor Force Employment | May 2022 | 289,586 | 288,390 | #, NSA | Monthly |
Total Employment | May 2022 | 289,586 | 288,390 | #, NSA | Monthly |
Unemployment | May 2022 | 13,946 | 14,269 | #, 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 |
Current Account Balance | 2022 Q1 | 439.5 | -1,344 | Mil. EUR, NSA | Quarterly |
Exports of Goods | 2022 Q1 | 6,668 | 6,823 | Mil. EUR, NSA | Quarterly |
Balance of Goods | 2022 Q1 | 432.1 | 10.9 | Mil. EUR, NSA | Quarterly |
Imports of Goods | 2022 Q1 | 6,235 | 6,813 | 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 |
Imports of Goods and Services | 2021 Q1 | 31,211 | 30,195 | Mil. EUR, SA | Quarterly |
Real Exports of Goods and Services | 2021 Q1 | 27,583 | 27,251 | Mil. Ch. 2010 EUR, SA | Quarterly |
Markets | Reference | Last | Previous | Units | Frequency |
Average Long-term Government Bond | May 2022 | 1.66 | 1.39 | % p.a., NSA | Monthly |
Stock Market Index | May 2022 | 1,691 | 1,710 | period averages; index levels in points, NSA | Monthly |
Lending Rate | Apr 2022 | 1.26 | 1.24 | % p.a., NSA | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
House Price Index | 2021 Q4 | 190.45 | 192.48 | Index 2005Q1=100, NSA | Quarterly |
Building Permits | Dec 2021 | 1,987 | 3,205 | #, SAAR | Monthly |
Non-residential Building Permits | Dec 2021 | 155 | 353 | #, NSA | Monthly |
Residential Building Permits | Dec 2021 | 31 | 47 | #, NSA | Monthly |
House Price Index for New Homes | 2021 Q4 | 170.99 | 158.73 | Index 2015=100, NSA | Quarterly |
House Price Index for Existing Homes | 2021 Q4 | 183.89 | 180.98 | Index 2015=100, NSA | Quarterly |
Building Completions | 2019 | 253 | 277 | # | Annual |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | May 2022 | -20.5 | -21.8 | SA | Monthly |
Real Retail Sales | Mar 2022 | 32.62 | 29.59 | Vol. Index 2015=100, NSA | Monthly |
Retail Sales | Mar 2022 | 39.49 | 34.78 | Index 2015=100, NSA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Capacity Utilization | 2022 Q2 | 80.1 | 81.8 | %, SA | Quarterly |
Business Confidence | May 2022 | -2.2 | 1.7 | SA | Monthly |
Industrial Production | Mar 2022 | 104.64 | 94.3 | Vol. Index 2015=100, NSA | Monthly |
Real Change in Inventories | 2021 | 458.3 | 613.3 | Mil. Ch. 2015 EUR | Annual |
Change in Inventories | 2021 | 656.8 | 666.1 | Mil. EUR | Annual |
Demographics | Reference | Last | Previous | Units | Frequency |
Population | 2022 | 645.4 | 634.73 | Ths. # | Annual |
Births | 2020 | 6.46 | 6.23 | Ths. #, NSA | Annual |
Deaths | 2020 | 4.61 | 4.28 | 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 |