The gross domestic product (GDP) in current prices in Luxembourg was forecast to continuously increase between 2024 and 2029 by in total 24.3 billion U.S. dollars (+26.64 percent). After the seventh consecutive increasing year, the GDP is estimated to reach 115.5 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Netherlands, France, and Belgium.
Luxembourg: Gross domestic product (GDP) in current prices from 1989 to 2029
(in billion U.S. dollars)
Characteristic
Gross domestic product in billion U.S. dollars
2029*
115.5
2028*
110.69
2027*
106.21
2026*
101.97
2025*
96.99
2024*
91.21
2023
85.78
2022
81.71
2021
85.64
2020
73.64
2019
69.9
2018
71.03
2017
65.69
2016
62.2
2015
60.08
2014
68.82
2013
65.2
2012
59.81
2011
61.69
2010
56.26
2009
54.41
2008
58.84
2007
51.59
2006
42.91
2005
37.69
2004
35.05
2003
29.66
2002
23.63
2001
21.39
2000
21.24
1999
21.09
1998
19.26
1997
18.43
1996
20.46
1995
20.57
1994
17.49
1993
15.71
1992
15.33
1991
13.68
1990
12.63
1989
9.9
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IMF. (October 22, 2024). Luxembourg: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/381061/gross-domestic-product-gdp-in-luxembourg/
IMF. "Luxembourg: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars)." Chart. October 22, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/381061/gross-domestic-product-gdp-in-luxembourg/
IMF. (2024). Luxembourg: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/381061/gross-domestic-product-gdp-in-luxembourg/
IMF. "Luxembourg: Gross Domestic Product (Gdp) in Current Prices from 1989 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/381061/gross-domestic-product-gdp-in-luxembourg/
IMF, Luxembourg: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/381061/gross-domestic-product-gdp-in-luxembourg/ (last visited November 10, 2024)
Luxembourg: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/381061/gross-domestic-product-gdp-in-luxembourg/
