Nomad Watch
Notifications
Loading…
LU

Luxembourg

Western Europe EU Schengen EUR

LU · LUX · #167 · 9 cities

Nomad score 57/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$196,976
GDP (2031)
$134.6B
GDP growth (2031)
2.0% →
Inflation (2031)
2.0% →
Unemployment (2031)
5.8% ↓
Population (2031)
768.0K
Population growth (2031)
2.0% ↓
Gini index (2023)
33.6
Government debt (2031)
35.2% of GDP
Current account (2031)
5.0% of GDP
FDI inflows (2025)
-$93.9B
Life expectancy (2024)
83.2 yrs
Health spending (2024)
5.9% of GDP
Internet users (2025)
99.1%
Mobile subscriptions (2023)
144.5/100
Trade openness (2025)
349.9% of GDP
Exchange rate (2025)
0.89/USD
Foreign reserves (2025)
$3.1B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
35.2% of GDP
Current account (2031)
5.0% of GDP
FDI inflows (2025)
-$93.9B

Income inequality (Gini)

Gini index (2023)
0.34
Assessment
Moderate inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
19.61/1k
Tax revenue (2024)
28.6% of GDP
Services sector (2025)
81.5% of GDP

Financial access and costs

ATMs per 100k (2024)
72.2
Bank branches per 100k (2024)
46.1
ICT service exports (2025)
3.4%
Goods and services tax (2024)
12.4%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $134.6B $196,976 2.0% 2.0% 5.8% 768.0K - 35.2% 5.0% - - - - -
2030 * $129.3B $192,935 2.0% 2.0% 5.9% 753.0K - 33.7% 4.9% - - - - -
2029 * $124.1B $188,997 2.1% 2.0% 5.9% 738.0K - 32.2% 4.9% - - - - -
2028 * $119.2B $184,942 2.1% 2.1% 6.0% 724.0K - 30.5% 4.9% - - - - -
2027 * $114.5B $181,186 1.7% 2.2% 6.1% 710.0K - 28.9% 4.7% - - - - -
2026 * $110.4B $178,278 1.6% 2.1% 5.9% 696.0K - 28.0% 4.5% - - - - -
2025 $101.1B $156,542 0.6% 2.5% 6.0% 682.0K - 27.0% 4.7% -$93.9B - - 99.1% 0.89
2024 $93.3B $156,079 0.4% 2.3% 5.8% 672.0K - 26.3% 4.3% $106.0B 83.2 5.9% 98.8% 0.92
2023 $88.8B $152,596 0.1% 2.9% 5.2% 661.0K 33.6 24.7% 6.8% -$9.3B 83.3 5.8% 99.4% 0.92
2022 $80.9B $146,919 -1.1% 8.1% 4.8% 645.0K 34.1 24.9% 5.4% -$316.4B 83.0 5.6% 98.2% 0.95
2021 $86.4B $136,772 6.9% 3.5% 5.7% 635.0K 32.7 24.2% 5.0% $24.8B 82.6 5.6% 98.7% 0.85
2020 $73.6B $122,067 -0.5% 0.0% 6.4% 626.0K 33.4 24.5% 4.7% -$3.4B 82.1 5.8% 98.5% 0.88
2019 $69.9B $121,372 2.7% 1.7% 5.4% 614.0K 34.2 22.3% 8.5% $163.7B 82.6 5.5% 97.1% 0.89
2018 $71.1B $116,638 1.6% 2.0% 5.1% 602.0K 35.4 20.9% 8.3% -$83.3B 82.3 5.3% 97.1% 0.85
2017 $65.7B $114,986 1.3% 2.1% 5.8% 591.0K 34.5 21.8% 6.4% -$27.4B 82.1 5.1% 97.4% 0.89
2016 $62.2B $113,365 5.0% 0.0% 6.3% 576.0K 31.7 19.6% 7.4% $17.6B 82.7 5.1% 98.1% 0.90
2015 $60.1B $107,860 2.3% 0.1% 6.6% 563.0K 32.9 21.1% 5.6% $45.4B 82.3 5.1% 96.4% 0.90
2014 $68.8B $105,296 2.6% 0.7% 7.1% 550.0K 31.2 21.9% 4.1% $20.1B 82.2 5.2% 94.7% 0.75
2013 $65.2B $100,925 3.2% 1.7% 6.8% 537.0K 32.0 22.4% 3.9% $23.3B 81.8 5.2% 93.8% 0.75
2012 $59.8B $96,636 1.6% 2.9% 6.1% 525.0K 34.3 20.8% 5.0% $2.8B 81.4 5.3% 92.0% 0.78
2011 $61.7B $94,475 1.0% 3.7% 5.7% 512.0K 32.1 18.5% 5.6% $8.8B 81.0 6.0% 90.0% 0.72
2010 $56.3B $90,336 3.8% 2.8% 5.8% 502.0K 30.5 19.1% 5.8% $39.1B 80.6 6.7% 90.6% 0.75
2009 $54.4B $86,919 -3.2% 0.0% 5.5% 494.0K 31.2 15.3% 5.8% $27.3B 80.6 7.0% 87.3% 0.72
2008 $58.8B $90,971 -0.3% 4.1% 4.1% 484.0K 32.6 14.6% 6.1% $7.1B 80.5 6.2% 82.2% 0.68
2007 $51.6B $85,126 8.1% 2.7% 4.2% 476.0K 31.1 8.1% 6.5% -$29.7B 79.4 6.2% 78.9% 0.73
2006 $42.9B $78,861 6.0% 3.0% 4.2% 469.0K 30.9 8.2% 6.6% $32.2B 79.3 6.6% 72.5% 0.80
2005 $37.7B $68,788 2.5% 3.8% 4.1% 461.0K 30.8 8.0% 6.9% $4.6B 79.4 7.1% 70.0% 0.80
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

Continue exploring Luxembourg