Luxembourg: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 1.4 percent as of Q4 2024, an increase compared to the previous value of -0.9 percent. Historically, the average for Luxembourg from Q2 1995 to Q4 2024 is 0.73 percent. The minimum of -6.5 percent was recorded in Q2 2020, while the maximum of 8.1 percent was reached in Q3 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Luxembourg: Economic growth, quarterly |
|---|---|
| 2024 Q4 | 1.4 |
| 2024 Q3 | -0.9 |
| 2024 Q2 | 0.7 |
| 2024 Q1 | 0.6 |
| 2023 Q4 | -0.4 |
| 2023 Q3 | 0.7 |
| 2023 Q2 | -0.3 |
| 2023 Q1 | 0.5 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | -1.10 | 2023 | percent |
| GDP, constant dollars | 70.9 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 85.76 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 128,678.19 | 2023 | U.S. dollars |
| GDP per capita, PPP | 132,847 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 105,996.66 | 2023 | U.S. dollars |
| Productivity, relative to the U.S. | 142.89 | 2022 | index points |
| Productivity, current USD | 128.8 | 2023 | USD per hour worked |
| Economic growth, quarterly | 1.90 | Q4/2024 | percent |
| Economic growth Q-on-Q | 1.40 | Q4/2024 | percent |
| Gross Domestic Product (GDP) | 23.48 | Q4/2024 | billion |