Luxembourg GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$137,781.68

Source: world bank Nominal/PPP
Summary:

Luxembourg GDP Per Capita expanded from 1960 to 2024, increasing from $2,261.18 to $137,781.68 .The compound annual growth rate (CAGR) averaged 6.63% over the period. The economy recorded its peak level in 2024 and its lowest level in 1961. Growth volatility remained high. The maximum drawdown reached 26.64%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.

Latest GDP Per Capita of Luxembourg 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 137,781.68 dollars$ 155,941.29 Int dollars
Growth (YoY)3.416%3.61%
Net Change vs Previous Year$ 4,551.06 dollars$ 5,433.07 Int dollars
% of World GDP Per Capita124.15%78.09%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Luxembourg GDP | Luxembourg GDP Growth

Luxembourg Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19602261.18-----
19612241.36-19.82-0.876 %---
19622331.5690.24.024 %---
19632461.9130.345.59 %---
19642779.18317.2812.888 %---
19652803.8524.670.888 %---
19662925.22121.374.329 %---
19672934.539.310.318 %---
19683202.51267.989.132 %---
19693690.17487.6715.228 %---
19704298.03607.8616.472 %---
19714435.4137.363.196 %---
19725486.721051.3223.703 %---
19737447.211960.4935.732 %---
19748966.731519.5220.404 %---
19758701.3-265.42-2.96 %---
19769490.69789.399.072 %---
197710486.34995.6510.491 %---
197813034.392548.0524.299 %---
197915204.332169.9416.648 %---
198016531.111326.788.726 %---
198113837.13-2693.98-16.296 %---
198212590.98-1246.15-9.006 %---
198312374.03-216.95-1.723 %---
198412126.94-247.09-1.997 %---
198512481.97355.032.928 %---
198618149.875667.945.409 %---
198722443.434293.5623.656 %---
198825219.352775.9212.369 %---
198926618.071398.725.546 %---
199033465.486847.4125.725 %29948.94--
199135747.342281.866.819 %33190.513241.5810.824 %
199239570.863823.5210.696 %34108.5917.982.766 %
199340066.72495.861.253 %35898.541790.055.248 %
199443933.243866.519.65 %37551.131652.594.603 %
199551032.357099.1116.159 %38345.1793.972.114 %
199650444.36-587.99-1.152 %39722.251377.153.591 %
199746641.64-3802.72-7.538 %42487.692765.446.962 %
199847445.38803.741.723 %44270.071782.384.195 %
199950872.453427.077.223 %49844.685574.6112.592 %
200048659.6-2212.85-4.35 %55136.065291.3810.616 %
200148440.14-219.46-0.451 %56135.83999.771.813 %
200253005.734565.599.425 %58575.682439.854.346 %
200365689.3212683.5923.929 %60192.181616.52.76 %
200476544.9210855.616.526 %64685.734493.557.465 %
200580988.144443.225.805 %68787.854102.136.342 %
200690788.89800.6612.101 %78861.1710073.3114.644 %
2007107475.3216686.5218.379 %85126.146264.977.944 %
2008120422.1412946.8212.046 %90970.725844.586.866 %
2009109419.75-11002.39-9.137 %86918.59-4052.13-4.454 %
2010110885.991466.241.34 %90336.023417.433.932 %
2011119025.068139.077.34 %94475.034139.014.582 %
2012112584.68-6440.38-5.411 %96636.432161.42.288 %
2013120000.147415.466.587 %100925.014288.594.438 %
2014123678.73678.563.065 %105296.284371.274.331 %
2015105462.01-18216.69-14.729 %107859.692563.42.434 %
2016106899.291437.281.363 %113365.185505.495.104 %
2017110193.213293.923.081 %114985.841620.671.43 %
2018116926.766733.556.111 %116638.411652.571.437 %
2019112696.65-4230.11-3.618 %121371.744733.334.058 %
2020116860.034163.383.694 %122066.746950.573 %
2021134965.8218105.7915.494 %136772.4414705.712.047 %
2022123719.66-11246.16-8.333 %146919.1510146.77.419 %
2023133230.629510.967.688 %150508.223589.072.443 %
2024137781.684551.063.416 %155941.295433.073.61 %

Luxembourg Economic Phases (1960 - 2024)

From 1960 to 2024, Luxembourg economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1963–1964) indicating robust economic expansion
  • Expansion (1965–1967) indicating steady moderate growth
  • High Growth (1968–1970) indicating robust economic expansion
  • High Growth (1972–1974) indicating robust economic expansion
  • High Growth (1976–1980) indicating robust economic expansion
  • Contraction (1982–1984) indicating temporary slowdown
  • High Growth (1986–1992) indicating robust economic expansion
  • High Growth (1994–1995) indicating robust economic expansion
  • Contraction (1996–1997) indicating temporary slowdown
  • Contraction (2000–2001) indicating temporary slowdown
  • High Growth (2002–2008) indicating robust economic expansion
  • Expansion (2016–2017) indicating steady moderate growth
  • Expansion (2024–2024) indicating steady moderate growth

The most remarkable growth occurred in 1986 with an increase of 45.409%, while the largest decline was in 1981 at -16.296%.