LUX · Europe & Central Asia /

Location

GDP per capita: 137,782 USD (PPP: 155,941 intl$) · Total GDP: 93.3 billion USD (2024)

Income and purchasing power

The average monthly income in Luxembourg is 7,054 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Cost of Living

Cost of living indices are relative to New York City (NYC = 100). Lower index means lower costs. Data as of November 2025.

Cost of Living Index
85.0
Est. monthly cost: $2,975
15.0% cheaper than NYC
Rent Index
55.0
1-bedroom, center: $1,540/month
45.0% cheaper than NYC
Groceries Index
72.0
Per person/month: $324
28.0% cheaper than NYC
Restaurant Price Index
88.0
Mid-range meal: $19
Purchasing Power Index
95.0
5.0% lower than NYC
(Higher is better)

How to read: All indices are relative to New York City (NYC = 100). An index of 70 means costs are 30% lower than NYC. Estimated prices are calculated based on NYC reference prices.

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Economic performance 2024

Indicator Value Per Capita
GDP 93.28 billion USD 137,782 USD
Gross National Product (GNI) 84,650 USD
GDP (PPP) 155,941 intl$

Development of gross domestic product in billions of USD 1960 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 93.28 137,782
2023 88.79 133,231
2022 80.80 123,720
2021 86.39 134,966
2020 73.67 116,860
2019 69.87 112,697
2018 71.09 116,927
2017 65.71 110,193
2016 62.22 106,899
2015 60.07 105,462
2014 68.80 123,679
2013 65.20 120,000
2012 59.78 112,585
2011 61.70 119,025
2010 56.21 110,886
2009 54.47 109,420
2008 58.84 120,422
2007 51.59 107,475
2006 42.91 90,789
2005 37.67 80,988
2004 35.06 76,545
2003 29.67 65,689
2002 23.65 53,006
2001 21.39 48,440
2000 21.23 48,660
1999 21.90 50,872
1998 20.15 47,445
1997 19.56 46,642
1996 20.90 50,444
1995 20.85 51,032
1994 17.70 43,933
1993 15.93 40,067
1992 15.52 39,571
1991 13.83 35,747
1990 12.78 33,465
1989 10.04 26,618
1988 9.42 25,219
1987 8.32 22,443
1986 6.69 18,150
1985 4.58 12,482
1984 4.44 12,127
1983 4.52 12,374
1982 4.60 12,591
1981 5.05 13,837
1980 6.02 16,531
1979 5.52 15,204
1978 4.72 13,034
1977 3.79 10,486
1976 3.42 9,491
1975 3.12 8,701
1974 3.18 8,967
1973 2.61 7,447
1972 1.90 5,487
1971 1.52 4,435
1970 1.46 4,298
1969 1.25 3,690
1968 1.08 3,203
1967 0.98 2,935
1966 0.98 2,925
1965 0.93 2,804
1964 0.91 2,779
1963 0.80 2,462
1962 0.75 2,332
1961 0.71 2,241
1960 0.71 2,261

Largest economic sectors

The main economic sectors in Luxembourg play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Luxembourg Per Capita
Imports 149.00 billion USD (159.7% of GDP)
Exports 178.66 billion USD (191.5% of GDP)

Household debt and deficits 2024

Indicator Luxembourg
Government debt 2.71 billion USD (2.9% of GDP)

Corruption in Luxembourg

The Corruption Perceptions Index (CPI) measures the perceived levels of public sector corruption. The scale ranges from 0 (highly corrupt) to 100 (very clean).

Corruption Perceptions Index
78.0
Year: 2024
Very Clean
Scale: 0-100
Data source: Transparency International

Unemployment rates in percentages 1991 - 2025

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2025 6.3%
2024 6.4%
2023 5.2%
2022 4.6%
2021 5.6%
2020 6.8%
2019 5.6%
2018 5.6%
2017 5.5%
2016 6.7%
2015 6.8%
2014 6.0%
2013 6.0%
2012 5.0%
2011 5.1%
2010 4.4%
2009 5.2%
2008 5.1%
2007 4.1%
2006 4.7%
2005 4.5%
2004 5.1%
2003 3.7%
2002 2.6%
2001 1.8%
2000 2.3%
1999 2.4%
1998 2.8%
1997 2.5%
1996 3.3%
1995 2.9%
1994 3.5%
1993 2.3%
1992 2.0%
1991 1.5%

Inflation rates in percentages 1960 - 2024

Year Inflation Rate (%)
2024 2.1%
2023 3.7%
2022 6.3%
2021 2.5%
2020 0.8%
2019 1.7%
2018 1.5%
2017 1.7%
2016 0.3%
2015 0.5%
2014 0.6%
2013 1.7%
2012 2.7%
2011 3.4%
2010 2.3%
2009 0.4%
2008 3.4%
2007 2.3%
2006 2.7%
2005 2.5%
2004 2.2%
2003 2.0%
2002 2.1%
2001 2.7%
2000 3.2%
1999 1.0%
1998 1.0%
1997 1.4%
1996 1.2%
1995 1.9%
1994 2.2%
1993 3.6%
1992 3.2%
1991 3.1%
1990 3.3%
1989 3.4%
1988 1.4%
1987 -0.1%
1986 0.3%
1985 4.1%
1984 6.4%
1983 8.7%
1982 9.4%
1981 8.1%
1980 6.3%
1979 4.5%
1978 3.1%
1977 6.7%
1976 9.8%
1975 10.7%
1974 9.5%
1973 6.1%
1972 5.2%
1971 4.7%
1970 4.6%
1969 2.3%
1968 2.6%
1967 2.2%
1966 3.3%
1965 3.3%
1964 3.1%
1963 2.9%
1962 0.9%
1961 0.5%
1960 0.4%

Frequently Asked Questions

What is the GDP per capita of Luxembourg in 2024?

The GDP per capita of Luxembourg is 137,782 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 155,941 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Luxembourg?

The main economic sectors in Luxembourg include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Luxembourg in 2024?

The inflation rate in Luxembourg is 2.1% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Luxembourg including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Luxembourg's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Luxembourg's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: June 2026