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 |
---|---|---|---|---|---|
Nominal Gross Domestic Product | 2020 Q4 | 16,855 | 16,362 | Mil. EUR, SA | Quarterly |
Investment | 2020 Q4 | 2,567 | 2,922 | Mil. EUR, SA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2020 | 9,995 | 10,721 | Mil. EUR | Annual |
Real Private Consumption | 2020 Q4 | 3,755 | 3,862 | Mil. Ch. 2010 EUR, SA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2020 | 8,612 | 9,438 | Mil. Ch. 2010 EUR | Annual |
Real Gross Domestic Product | 2020 Q4 | 13,305 | 13,098 | Mil. Ch. 2010 EUR, SA | Quarterly |
Real Investment | 2020 Q4 | 2,196 | 2,586 | 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 Employment | Feb 2021 | 279,326 | 282,183 | #, NSA | Monthly |
Unemployment Rate | Feb 2021 | 6.52 | 6.58 | %, NSA | Monthly |
Unemployment | Feb 2021 | 19,476 | 19,882 | #, NSA | Monthly |
Labor Force | Feb 2021 | 298,802 | 302,065 | #, NSA | Monthly |
Total Employment | Feb 2021 | 279,326 | 282,183 | #, 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 |
Balance of Goods | 2020 Q4 | 638.6 | 805.6 | Mil. EUR, NSA | Quarterly |
Current Account Balance | 2020 Q4 | -175.5 | -254.2 | Mil. EUR, NSA | Quarterly |
Imports of Goods | 2020 Q4 | 5,566 | 5,261 | Mil. EUR, NSA | Quarterly |
Exports of Goods | 2020 Q4 | 6,205 | 6,066 | Mil. EUR, NSA | Quarterly |
Real Exports of Goods and Services | 2020 Q4 | 27,314 | 26,008 | Mil. Ch. 2010 EUR, SA | Quarterly |
Exports of Goods and Services | 2020 Q4 | 37,040 | 34,416 | Mil. EUR, SA | Quarterly |
Real Imports of Goods and Services | 2020 Q4 | 22,495 | 21,905 | Mil. Ch. 2010 EUR, SA | Quarterly |
Imports of Goods and Services | 2020 Q4 | 30,138 | 28,865 | Mil. EUR, SA | Quarterly |
Markets | Reference | Last | Previous | Units | Frequency |
Average Long-term Government Bond | Mar 2021 | -0.4 | -0.45 | % p.a., NSA | Monthly |
Stock Market Index | Mar 2021 | 1,523 | 1,348 | period averages; index levels in points, NSA | Monthly |
Lending Rate | Feb 2021 | 1.17 | 1.16 | % p.a., NSA | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
Non-residential Building Permits | Dec 2020 | 234 | 231 | #, NSA | Monthly |
Residential Building Permits | Dec 2020 | 44 | 42 | #, NSA | Monthly |
Building Permits | Dec 2020 | 2,779 | 3,183 | #, SAAR | Monthly |
House Price Index for New Homes | 2020 Q4 | 154.79 | 143.24 | Index 2015=100, NSA | Quarterly |
House Price Index for Existing Homes | 2020 Q4 | 163.04 | 158.35 | Index 2015=100, NSA | Quarterly |
House Price Index | 2020 Q2 | 174.35 | 164.54 | Index 2005Q1=100, NSA | Quarterly |
Building Completions | 2018 | 277 | 284 | # | Annual |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | Mar 2021 | -8.4 | -11.1 | SA | Monthly |
Retail Sales | Dec 2020 | 39.69 | 35.13 | Index 2015=100, NSA | Monthly |
Real Retail Sales | Dec 2020 | 37.7 | 33.56 | Vol. Index 2015=100, NSA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Capacity Utilization | 2021 Q1 | 75.6 | 75.3 | %, SA | Quarterly |
Business Confidence | Mar 2021 | -8.3 | -9 | SA | Monthly |
Industrial Production | Jan 2021 | 91.16 | 86.93 | Vol. Index 2015=100, NSA | Monthly |
Change in Inventories | 2020 | 29.8 | 370.3 | Mil. EUR | Annual |
Real Change in Inventories | 2020 | 64.2 | 364.2 | Mil. Ch. 2010 EUR | Annual |
Demographics | Reference | Last | Previous | Units | Frequency |
Population | 2020 | 626.11 | 613.89 | Thousands, NSA | Annual |
Births | 2019 | 6.23 | 6.27 | Ths. #, NSA | Annual |
Deaths | 2019 | 4.28 | 4.32 | 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 |