Luxembourg 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$86.30 billion
↑ 0.64% vs 2023GDP per Capita
$129,502.81
↑ 0.64% vs 2023GDP Growth (Annual %)
0.64%
↑ 1.74pp vs 2023Inflation Rate (CPI %)
2.05%
↓ 1.69pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $85.76 billion | $86.30 billion | +0.64% |
| GDP per Capita | $128,678.19 | $129,502.81 | +0.64% |
| GDP Growth (Annual %) | -1.10% | 0.64% | +1.74pp |
| Inflation (CPI %) | 3.74% | 2.05% | -1.69pp |
| Unemployment Rate (%) | 5.18% | 5.94% | +0.75pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $86.30 billion
- GDP per Capita
- $129,502.81
- GDP Growth (Annual %)
- 0.64%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 2.05%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 5.94%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Luxembourg's Gross Domestic Product (GDP) is $86.30 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Luxembourg for 2024 is $129,502.81. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Luxembourg for 2024 is 2.05%. This measures the annual percentage change in the cost of consumer goods and services.
Luxembourg's annual GDP growth rate for 2024 is 0.64%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Luxembourg for 2024 is 5.94%. This represents the percentage of the labor force that is unemployed and actively seeking employment.