GDP Growth Rate
Year -
-1.1%
In 2023, Luxembourg experienced a significant a decrease in its GDP growth rate, which fall to -1.1% from 1.38% in 2022. Additionally, the GDP per capita growth rate in Luxembourg decrease to -3.39% in 2023, compared to -0.64% in 2022.
In 2023, Luxembourg experienced a decrease in economic performance, with the GDP growth rate falling by 2.48%. Additionally, the GDP per capita growth rate decrease by 2.75%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 3.83% | 3.83% | 2.89% | 2.89% |
| 1962 | 1.36% | -2.47% | 0.12% | -2.77% |
| 1963 | 3.44% | 2.08% | 2.37% | 2.25% |
| 1964 | 7.87% | 4.43% | 6.66% | 4.29% |
| 1965 | -0.73% | -8.60% | -1.86% | -8.52% |
| 1966 | 1.11% | 1.84% | 0.38% | 2.24% |
| 1967 | 0.22% | -0.89% | -0.11% | -0.49% |
| 1968 | 4.18% | 3.96% | 3.92% | 4.03% |
| 1969 | 9.97% | 5.79% | 9.44% | 5.52% |
| 1970 | 1.76% | -8.21% | 1.26% | -8.18% |
| 1971 | 2.67% | 0.91% | 1.69% | 0.43% |
| 1972 | 6.6% | 3.93% | 5.31% | 3.62% |
| 1973 | 8.31% | 1.71% | 7.12% | 1.81% |
| 1974 | 4.21% | -4.10% | 2.86% | -4.26% |
| 1975 | -6.57% | -10.78% | -7.59% | -10.45% |
| 1976 | 2.53% | 9.10% | 2.03% | 9.62% |
| 1977 | 1.57% | -0.96% | 1.39% | -0.64% |
| 1978 | 4.07% | 2.50% | 3.89% | 2.50% |
| 1979 | 2.35% | -1.72% | 2.11% | -1.78% |
| 1980 | 0.84% | -1.51% | 0.48% | -1.63% |
| 1981 | -0.55% | -1.39% | -0.84% | -1.32% |
| 1982 | 1.13% | 1.68% | 1.05% | 1.89% |
| 1983 | 2.99% | 1.86% | 2.96% | 1.91% |
| 1984 | 6.19% | 3.20% | 6.08% | 3.12% |
| 1985 | 2.79% | -3.40% | 2.59% | -3.49% |
| 1986 | 9.98% | 7.19% | 9.49% | 6.90% |
| 1987 | 3.95% | -6.03% | 3.28% | -6.21% |
| 1988 | 8.46% | 4.51% | 7.68% | 4.40% |
| 1989 | 9.8% | 1.34% | 8.74% | 1.06% |
| 1990 | 5.32% | -4.48% | 4.01% | -4.73% |
| 1991 | 8.64% | 3.32% | 7.2% | 3.19% |
| 1992 | 1.82% | -6.82% | 0.48% | -6.72% |
| 1993 | 4.2% | 2.38% | 2.81% | 2.33% |
| 1994 | 3.82% | -0.38% | 2.42% | -0.39% |
| 1995 | 1.43% | -2.39% | 0.02% | -2.40% |
| 1996 | 1.4% | -0.03% | 0.03% | 0.01% |
| 1997 | 5.42% | 4.02% | 4.11% | 4.08% |
| 1998 | 6.67% | 1.25% | 5.36% | 1.25% |
| 1999 | 8.18% | 1.51% | 6.72% | 1.36% |
| 2000 | 6.94% | -1.24% | 5.51% | -1.21% |
| 2001 | 3.07% | -3.87% | 1.85% | -3.66% |
| 2002 | 3.23% | 0.16% | 2.15% | 0.30% |
| 2003 | 2.62% | -0.61% | 1.38% | -0.77% |
| 2004 | 4.23% | 1.61% | 2.76% | 1.38% |
| 2005 | 2.48% | -1.75% | 0.93% | -1.83% |
| 2006 | 6.02% | 3.54% | 4.34% | 3.41% |
| 2007 | 8.1% | 2.08% | 6.44% | 2.10% |
| 2008 | -0.3% | -8.40% | -2.07% | -8.51% |
| 2009 | -3.24% | -2.94% | -5.01% | -2.94% |
| 2010 | 3.76% | 7.00% | 1.88% | 6.89% |
| 2011 | 1.04% | -2.72% | -1.18% | -3.06% |
| 2012 | 1.65% | 0.61% | -0.76% | 0.42% |
| 2013 | 3.17% | 1.52% | 0.81% | 1.57% |
| 2014 | 2.62% | -0.55% | 0.23% | -0.58% |
| 2015 | 2.27% | -0.35% | -0.12% | -0.35% |
| 2016 | 4.98% | 2.71% | 2.74% | 2.86% |
| 2017 | 1.32% | -3.66% | -1.12% | -3.86% |
| 2018 | 1.22% | -0.10% | -0.71% | 0.41% |
| 2019 | 2.92% | 1.70% | 0.92% | 1.63% |
| 2020 | -0.91% | -3.83% | -2.55% | -3.47% |
| 2021 | 7.17% | 8.08% | 5.55% | 8.10% |
| 2022 | 1.38% | -5.79% | -0.64% | -6.19% |
| 2023 | -1.1% | -2.48% | -3.39% | -2.75% |