luxembourg gdp per capita 2018

The restructuring of the industry and increasing government ownership in Arbed (31%) began as early as 1974. As a Premium user you get access to background information and details about the release of this statistic. There are plans to introduce trams (first core line operative in end 2017) in the capital and light-rail lines in adjacent areas within the next few years. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. In 1978, Luxembourg tried to build a 1,200 MW nuclear reactor but dropped the plans after threats of major protests. Please create an employee account to be able to mark statistics as favorites. Banking is the largest sector in the Luxembourg economy. Live data and insights on Coronavirus outbreak around the world, including detailed statistics for the US, Italy, EU, and China. The economy of Luxembourg is largely dependent on the banking, steel, and industrial sectors. You only have access to basic statistics. Gross Domestic Product of Luxembourg grew 3.1% in 2018 compared to last year. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. [27] Despite the current crisis, the Grand Duchy still welcomes over 900,000 visitors a year who spend an average of 2.5 nights in hotels, hostels or on camping sites. [28] Business travel is flourishing representing 44% of overnight stays in the country and 60% in the capital, up 11% and 25% between 2009 and 2010.[29]. dollars)." Luxembourg's economy is quite similar to Germany's. This site uses cookies to optimize functionality and give you the best possible experience. The absolute value of GDP in Luxembourg rose €3,239$7,104 million with respect to 2017. Luxembourg gdp for 2018 was $68.32B, a 0.85% increase from 2018. Tourism is an important component of the national economy, representing about 8.3% of GDP in 2009 and employing some 25,000 people or 11.7% of the working population. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart. Profit from additional features by authenticating your Admin account. Corporate solution including all features. More than 9,000 holding companies are established in Luxembourg. The conclusion of the independent auditor's report can be: The accountants associations have difficulties getting organized because of the importance of the State in the accounting system. GDP per capita, PPP (current international $) - Luxembourg from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). [32], Luxembourg is a member of the European Space Agency[33] [19], For 2017 the (expected) figures are as follows: Growth 4.6%; Inflation 1.0%; Budget deficit 1.7%, to be reduced to 0.8% in 2020; Debt: 20.4%, no new debts to be taken in the fiscal year. Government debt: 29.0 % of GDP.

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SES presently constitutes the world largest satellite services company in terms of revenue. The statistic shows that between 2008 and 2018, real GDP per capita in Luxembourg decreased from roughly 108,600 in 2008, to approximately 107,200 dollars in the year 2018. Luxembourg gdp per capita for 2019 was $114,705, a 1.67% decline from 2018. Data are in current U.S. dollars. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook [20], In 2013 the GDP was $60.54 billion of which services, including the financial sector, produced 86%. New, Everything you need to know about the industry development, Find studies from all around the internet. Luxembourg is seen as a diversified industrialized nation, contrasting the oil boom in Qatar, the major monetary source of the southwest Asian state. Definition: GDP per capita is gross domestic product divided by midyear population. Currently, Luxembourg uses imported oil and natural gas for the majority of its energy generation. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. [36][37] Luxembourg - GDP per capita GDP per capita (current US$) The latest value for GDP per capita (current US$) in Luxembourg was $116,640 as of 2018.

Political stability, good communications, easy access to other European centres, skilled multilingual staff, a tradition of banking secrecy and cross-border financial expertise have all contributed to the growth of the financial sector. "Real Gross Domestic Product per Capita in Luxembourg from 2008 to 2018 (in U.S. The company specializes in production of large architectural steel beams and specialized value-added products. Okay to continue

Data Source: World Bank MLA Citation: … Luxembourg enjoys a degree of economic prosperity very rare among industrialized democracies. Then you will be able to mark statistics as favourites and use personal statistics alerts. Luxembourg gdp per capita for 2017 was $107,627, a 3.21% increase from 2016.

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