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Macro

Luxembourg

Europe & Central Asia · High income · IMF WEO April 2026 · World Bank WDI

GDP▲ 8.4%
Current prices2025
101USD bn
GDP per capita▲ 6.8%
Current prices2025
148,247USD
Real GDP growth▲ 0.3 pp
Annual change2025
0.6%
Inflation▲ 0.3 pp
Average consumer prices2025
2.5%
Unemployment▲ 0.2 pp
Rate2025
6.0%
Government debt▲ 0.7 pp
General government, gross2025
27.0% of GDP
Current account▲ 0.4 pp
Balance2025
4.7% of GDP
Population▲ 1.5%
Total2025
0.68million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-3.20.08.41995: 1.4%1996: 1.5%1997: 5.9%1998: 6.5%1999: 8.4%2000: 8.4%2001: 3.1%2002: 3.2%2003: 2.6%2004: 4.2%2005: 2.5%2006: 6.0%2007: 8.1%2008: -0.3%2009: -3.2%2010: 3.8%2011: 1.0%2012: 1.6%2013: 3.2%2014: 2.6%2015: 2.3%2016: 5.0%2017: 1.3%2018: 1.6%2019: 2.7%2020: -0.5%2021: 6.9%2022: -1.1%2023: 0.1%2024: 0.4%2025: 0.6%2026: 1.6% (IMF projection)2027: 1.7% (IMF projection)2028: 2.1% (IMF projection)2029: 2.1% (IMF projection)2030: 2.0% (IMF projection)2031: 2.0% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.08.11995: 1.9%1996: 1.2%1997: 1.4%1998: 1.0%1999: 1.0%2000: 3.8%2001: 2.4%2002: 2.1%2003: 2.5%2004: 3.2%2005: 3.8%2006: 3.0%2007: 2.7%2008: 4.1%2009: 0.0%2010: 2.8%2011: 3.7%2012: 2.9%2013: 1.7%2014: 0.7%2015: 0.1%2016: 0.0%2017: 2.1%2018: 2.0%2019: 1.7%2020: 0.0%2021: 3.5%2022: 8.1%2023: 2.9%2024: 2.3%2025: 2.5%2026: 2.1% (IMF projection)2027: 2.2% (IMF projection)2028: 2.1% (IMF projection)2029: 2.0% (IMF projection)2030: 2.0% (IMF projection)2031: 2.0% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %6.9-1.10.10.40.61.61.72.12.12.0
Inflation, average consumer prices %3.58.12.92.32.52.12.22.12.02.0
Unemployment rate %5.74.85.25.86.05.96.16.05.95.9
GDP, current prices USD bn86818993101110114119124129
GDP per capita, current prices USD136,191125,295134,403138,757148,247158,733161,340164,640168,140171,698
GDP per capita, PPP Int. USD140,411146,289148,311149,986152,966156,719159,627162,472165,475168,566
General government gross debt % of GDP24.224.924.726.327.028.028.930.532.233.7
General government net lending/borrowing % of GDP1.10.2-0.70.9-1.0-1.2-1.2-2.4-2.7-2.9
Current account balance % of GDP5.05.46.84.34.74.54.74.94.94.9
Population million0.630.650.660.670.680.700.710.720.740.75

Government debt, % of GDP

General government gross debt
0.035.22000: 7%2001: 8%2002: 7%2003: 7%2004: 8%2005: 8%2006: 8%2007: 8%2008: 15%2009: 15%2010: 19%2011: 19%2012: 21%2013: 22%2014: 22%2015: 21%2016: 20%2017: 22%2018: 21%2019: 22%2020: 25%2021: 24%2022: 25%2023: 25%2024: 26%2025: 27%2026: 28% (IMF projection)2027: 29% (IMF projection)2028: 31% (IMF projection)2029: 32% (IMF projection)2030: 34% (IMF projection)2031: 35% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
0.012.72000: 12.7%2001: 8.3%2002: 7.6%2003: 7.1%2004: 7.1%2005: 6.9%2006: 6.6%2007: 6.5%2008: 6.1%2009: 5.8%2010: 5.8%2011: 5.6%2012: 5.0%2013: 3.9%2014: 4.1%2015: 5.6%2016: 7.4%2017: 6.4%2018: 8.3%2019: 8.5%2020: 4.7%2021: 5.0%2022: 5.4%2023: 6.8%2024: 4.3%2025: 4.7%2026: 4.5% (IMF projection)2027: 4.7% (IMF projection)2028: 4.9% (IMF projection)2029: 4.9% (IMF projection)2030: 4.9% (IMF projection)2031: 5.0% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
19950.919.711.869.5
20050.414.57.874.0
20150.211.55.579.7
20250.28.93.781.4

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method95,720USD2025+30.2%
GNI, Atlas method66USD bn2025+57.0%
Exports of goods and services190.5% of GDP2025-1.3 pp
Imports of goods and services159.4% of GDP2025+0.1 pp
Life expectancy at birth83.2years2024+1.2%
Urban population94.9% of total2025+3.9 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)