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Luxembourg GDP Annual Growth Rate
Last Release
Dec 31, 2023
Actual
-0.59
Units In
%
Previous
-0.4
Frequency
Quarterly
Next Release
Mar 07, 2025
Time to Release
2 Months 28 Days 16 Hours
Highest | Lowest | Average | Date Range | Source |
12.6 Jun 2021 | -8 Jun 2020 | 3.31 % | 1996-2023 | N/A |
On the expenditure side, external balance of exports and imports is the main component of GDP and accounts for 35 percent of its total use, as exports of goods and services account for 200 percent while imports account for 165 percent. It is followed by household consumption (30 percent of GDP) gross fixed capital formation (18 percent) and government expenditure (17 percent).
Luxembourg GDP Annual Growth Rate History
Last 12 readings