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Luxembourg - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
33.578  
34.511  
Real GDP growth (constant prices)
3.1 % 
3.2 %
GDP per capita (USD)
73147.056  
74435.651  
Inflation rate
2.4 % 
2.7 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 21.2   26.5   31.1  
Real GDP growth (constant prices) 1.7 % 2.1 % 4.5 %
GDP per capita (USD) 45565   46067   47926  
Inflation rate 2.1 % 2.0 % 2.2 %
Unemployment rate 2.6%   3.7%   4.8%  
External debt (USD billion) ..   ..   ..  
Euro rate on 12/31 (1 US$)   0.9541   0.7967   0.7386  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 0.7%   0.6%   ..  
Industry and mining 20.3%   20.5%     ..  
Services 79.0%   78.9%     ..  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 117218   91055   57000   4 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 11.7   14.0   16.9  
Export of goods (f.o.b) 9.6   11.3   13.7  
Trade balance -2.1   -2.7   -3.2  
Balance of payments 2.4   2.2   2.8  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 273.8%   262.7%   ..  
Share of imports in GDP 127.9%   122.6%   ..  
Share of exports in GDP 145.8%   140.1%   ..  
Imports of goods and services (percent change) -1.8%   2.3%   ..  
Exports of goods and services (percent change) -0.2%   1.9%   ..  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     14.0     11.3    
Agricultural raw materials 1%   1%  
Food products 11%   7%  
Hydrocarbons 6%   0%  
Manufactured products (chemicals, machines,...) 71%   84%  
Ores and metals 6%   4%  
Other goods 5%   4%  


2003 Imports Exports
Total Trade in Services (USD billion): 16   25  
Transport 4%   7%  
Tourisme 16%   12%  
Other services (insurance, financial services, telecommunications,...) 80%   81%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Germany   25.6%  
France   19.7%  
Belgium   11.9%  
Italy   6.7%  
United Kingdom   4.9%  

Main suppliers
(% of imports)
2004
Belgium   34.6%  
Germany   25.8%  
France   13.9%  
Netherlands   5%  
USA   3.6%  
Source : COMTRADE


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Last modified in October 2005
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