The annual GDP in Luxembourg decreased significantly due to the coronavirus pandemic. Indeed, while Luxembourg's GDP decreased by roughly 1.8 percent in 2020, a recovery of almost 6 percent was estimated for 2021. Furthermore, the GDP growth was expected to grow by 3.7 percent in 2022.
Annual GDP change in Luxembourg from 2018 to 2020, with a forecast for 2021 to 2023
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European Commission. (November 11, 2021). Annual GDP change in Luxembourg from 2018 to 2020, with a forecast for 2021 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/864788/forecast-of-the-annual-gdp-change-in-luxembourg/
European Commission. "Annual GDP change in Luxembourg from 2018 to 2020, with a forecast for 2021 to 2023." Chart. November 11, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/864788/forecast-of-the-annual-gdp-change-in-luxembourg/
European Commission. (2021). Annual GDP change in Luxembourg from 2018 to 2020, with a forecast for 2021 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/864788/forecast-of-the-annual-gdp-change-in-luxembourg/
European Commission. "Annual Gdp Change in Luxembourg from 2018 to 2020, with a Forecast for 2021 to 2023." Statista, Statista Inc., 11 Nov 2021, https://www.statista.com/statistics/864788/forecast-of-the-annual-gdp-change-in-luxembourg/
European Commission, Annual GDP change in Luxembourg from 2018 to 2020, with a forecast for 2021 to 2023 Statista, https://www.statista.com/statistics/864788/forecast-of-the-annual-gdp-change-in-luxembourg/ (last visited November 21, 2024)
Annual GDP change in Luxembourg from 2018 to 2020, with a forecast for 2021 to 2023 [Graph], European Commission, November 11, 2021. [Online]. Available: https://www.statista.com/statistics/864788/forecast-of-the-annual-gdp-change-in-luxembourg/
