lu Luxembourg 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$62.22 billion

↑ 3.57% vs 2015
GDP per Capita

$106,899.29

↑ 1.36% vs 2015
GDP Growth (Annual %)

4.98%

↑ 2.71pp vs 2015
Inflation Rate (CPI %)

0.29%

↓ 0.18pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $60.07 billion $62.22 billion +3.57%
GDP per Capita $105,462.01 $106,899.29 +1.36%
GDP Growth (Annual %) 2.27% 4.98% +2.71pp
Inflation (CPI %) 0.47% 0.29% -0.18pp
Unemployment Rate (%) 6.80% 6.67% -0.13pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$62.22 billion
GDP per Capita
$106,899.29
GDP Growth (Annual %)
4.98%
Gross National Income
$41.23 billion
Prices & Employment
Inflation (CPI %)
0.29%
Inflation (GDP Deflator %)
-1.11%
Unemployment Rate (%)
6.67%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
7.42%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

Browse Other Years

Frequently Asked Questions

As of 2016, Luxembourg's Gross Domestic Product (GDP) is $62.22 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Luxembourg for 2016 is $106,899.29. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Luxembourg for 2016 is 0.29%. This measures the annual percentage change in the cost of consumer goods and services.

Luxembourg's annual GDP growth rate for 2016 is 4.98%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Luxembourg for 2016 is 6.67%. This represents the percentage of the labor force that is unemployed and actively seeking employment.