Luxembourg
Headline economic indicators for Luxembourg, with the most recent official readings.
- GDP growth, year on year (quarterly) 1.3% -1.50 (-53.6%) Jun 2026
- Inflation rate (monthly) 5.2% +1.20 (+30.0%) Sep 2026
- Central bank policy rate 2.7% +0.25 (+10.4%) Sep 2026
- Unemployment rate (monthly) 7.3% +0.00 (+0.0%) Sep 2026
- 10-year government bond yield (monthly) 3.7% +0.30 (+8.7%) Sep 2026
- Government debt to GDP (quarterly) 28.2% -0.40 (-1.4%) Jun 2026
Prices
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Inflation rate · | 2.3% | +0.21 (+10.0%) | |
| Consumer price index · | 136.9 | +3.02 (+2.3%) | |
| Inflation rate (monthly) · | 5.2% | +1.20 (+30.0%) | |
| Harmonised consumer price index · | 135.9 | +1.36 (+1.0%) | |
| House price index (quarterly) · | 206.1 | +1.46 (+0.7%) | |
| House price inflation, year on year (quarterly) · | 1.7% | +1.81 (+1,635.0%) | |
| Real house price index (quarterly) · | 149.9 | +1.40 (+0.9%) | |
| Real house price growth, year on year (quarterly) · | 0.1% | +3.04 (+102.1%) | |
| Producer prices, year on year (monthly) · | 0.6% | +0.80 (+400.0%) | |
| GDP deflator inflation · | 3.2% | -1.36 (-29.6%) |
GDP
| Indicator | Value | Change | Trend |
|---|---|---|---|
| GDP growth rate · | 0.6% | +0.28 (+77.9%) | |
| GDP per capita · | 147,252.18 | +9,470 (+6.9%) | |
| GDP growth, quarter on quarter · | -0.9% | -1.20 (-400.0%) | |
| GDP growth, year on year (quarterly) · | 1.3% | -1.50 (-53.6%) | |
| Industrial production, year on year (monthly) · | -5.6% | -1.50 (-36.6%) | |
| Retail sales volume, year on year (monthly) · | 2.2% | -7.80 (-78.0%) | |
| Economic sentiment indicator (monthly) · | 101.5 | -0.70 (-0.7%) | |
| Consumer confidence (monthly) · | -10.3 | -1.00 (-10.8%) | |
| GDP per capita, long-run history · | 55,485 | +138.10 (+0.2%) | |
| GDP · | 101,157,829,491.11 | +7,877,977,628 (+8.4%) | |
| GDP, PPP · | 107,539,709,845 | +1,872,104,377 (+1.8%) | |
| GDP per capita, PPP · | 156,542 | +462.71 (+0.3%) | |
| GDP per capita growth · | -0.8% | +0.39 (+32.2%) | |
| GNI per capita · | 95,720 | +11,070 (+13.1%) | |
| Agriculture to GDP · | 0.2% | +0.02 (+10.8%) | |
| Industry to GDP · | 8.9% | -0.78 (-8.1%) | |
| Manufacturing to GDP · | 3.7% | -0.24 (-6.1%) | |
| Services to GDP · | 81.4% | +0.27 (+0.3%) | |
| Household consumption to GDP · | 33.5% | +0.18 (+0.6%) | |
| Gross capital formation to GDP · | 15.5% | -0.34 (-2.2%) | |
| Gross savings to GDP · | 13.6% | +1.77 (+14.9%) |
Labour
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Unemployment rate · | 6.3% | -0.06 (-0.9%) | |
| Unemployment rate (monthly) · | 7.3% | +0.00 (+0.0%) | |
| Labour force participation rate · | 61.5% | -0.26 (-0.4%) | |
| Female labour force participation rate · | 57.5% | -0.17 (-0.3%) | |
| Youth unemployment rate · | 21.5% | -0.22 (-1.0%) | |
| Employment to population ratio · | 57.6% | -0.21 (-0.4%) | |
| Employment in agriculture · | 0.9% | -0.02 (-2.1%) | |
| Employment in industry · | 7.6% | -0.18 (-2.3%) | |
| Employment in services · | 91.5% | +0.20 (+0.2%) |
Money
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Central bank policy rate · | 2.7% | +0.25 (+10.4%) | |
| ECB deposit facility rate · | 2.5% | +0.25 (+11.1%) | |
| Real effective exchange rate (monthly) · | 97.8 | +0.17 (+0.2%) | |
| Nominal effective exchange rate (monthly) · | 102.0 | -0.11 (-0.1%) | |
| Private sector credit to GDP (quarterly) · | 454.1% | -8.31 (-1.8%) | |
| Credit-to-GDP gap (quarterly) · | -38.30 pp | -8.93 (-30.4%) | |
| Cost of borrowing for house purchase (monthly) · | 3.6% | +0.07 (+2.0%) | |
| Cost of borrowing for corporations (monthly) · | 3.2% | -0.05 (-1.6%) | |
| 10-year government bond yield (monthly) · | 3.7% | +0.30 (+8.7%) | |
| Private sector credit to GDP · | 85.1% | -8.06 (-8.6%) | |
| Stock market capitalization to GDP · | 68.6% | +23.74 (+52.9%) | |
| Bank nonperforming loans · | 2.2% | -0.09 (-3.7%) | |
| Official exchange rate · | 0.88 | -0.04 (-4.2%) |
Trade
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Current account to GDP · | 0.6% | -0.58 (-49.7%) | |
| Exports to GDP · | 190.5% | -1.01 (-0.5%) | |
| Imports to GDP · | 159.4% | -0.37 (-0.2%) | |
| Trade to GDP · | 349.9% | -1.38 (-0.4%) | |
| Exports of goods and services · | 192,728,057,158.05 | +14,066,386,297 (+7.9%) | |
| Imports of goods and services · | 161,209,915,493.47 | +12,209,389,859 (+8.2%) | |
| Trade balance, goods and services (annual) · | 31,587,301,146.59 | +2,382,451,771 (+8.2%) | |
| Current account balance (annual) · | 591,498,068.05 | -492,105,228 (-45.4%) | |
| Foreign direct investment to GDP · | -32.7% | -59.45 (-222.1%) | |
| Remittances received to GDP · | 2.7% | -0.02 (-0.8%) | |
| Total reserves, including gold · | 3,055,208,156.85 | +266,020,847 (+9.5%) | |
| Reserves in months of imports · | 0.1 | +0.00 (+8.2%) |
Government
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Government debt to GDP · | 2.9% | +0.28 (+10.6%) | |
| Government debt to GDP (quarterly) · | 28.2% | -0.40 (-1.4%) | |
| Government revenue to GDP · | 44.6% | +1.71 (+4.0%) | |
| Government expense to GDP · | 42.2% | +1.33 (+3.3%) | |
| Tax revenue to GDP · | 28.6% | +1.65 (+6.1%) | |
| Government budget balance to GDP · | 0.8% | +1.14 (+349.8%) | |
| Government consumption to GDP · | 19.8% | +0.80 (+4.2%) | |
| Education spending to GDP · | 3.7% | +0.06 (+1.6%) | |
| Health spending to GDP · | 5.9% | +0.10 (+1.8%) |
Demography
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Population · | 686,970 | +9,958 (+1.5%) | |
| Population, long-run history · | 651 | +8.33 (+1.3%) | |
| Population growth · | 1.5% | -0.12 (-7.3%) | |
| Life expectancy · | 83.2 | -0.11 (-0.1%) | |
| Fertility rate · | 1.25 | +0.00 (+0.0%) | |
| Birth rate · | 9.5 | +0.00 (+0.0%) | |
| Death rate · | 6.6 | +0.00 (+0.0%) | |
| Urban population share · | 94.9% | +0.04 (+0.0%) | |
| Population aged 65 and over · | 15.8% | +0.34 (+2.2%) | |
| Under-five mortality rate · | 2.2 | +0.00 (+0.0%) | |
| Population density · | 263.0 | +4.11 (+1.6%) | |
| Net migration · | 5,237 | -440.00 (-7.8%) | |
| Gini index · | 33.6 | -0.50 (-1.5%) |
Source: Bank for International Settlements (BIS). Translated titles are not official BIS translations.
Source: ECB
Source: ECB euro foreign exchange reference rates
Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.
Original sources of these estimates
GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics
No separate list is published for Luxembourg; the database as a whole is cited above.
Economies nearby
Comparable readings from neighbouring economies.