OECD Economic Surveys: Luxembourg 2022
Basic Statistics of Luxembourg, 2021
(Numbers in parentheses refer to the OECD average)
LAND, PEOPLE AND ELECTORAL CYCLE |
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---|---|---|---|---|---|
Population (million, 2020) |
0.6 |
|
Population density per km² (2020) |
259.4 |
(38.7) |
Under 15 (%, 2020) |
15.6 |
(17.8) |
Life expectancy at birth (years, 2020) |
81.7 |
(79.7) |
Over 65 (%, 2020) |
14.4 |
(17.4) |
Men (2020) |
79.4 |
(77.0) |
International migrant stock (% of population, 2019) |
47.4 |
(13.2) |
Women (2020) |
84.2 |
(82.5) |
Latest 5-year average growth (%) |
2.0 |
(0.6) |
Latest general election |
October-2018 |
|
ECONOMY |
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Gross domestic product (GDP) |
|
|
Value added shares (%, 2020) |
|
|
In current prices (billion USD) |
86.6 |
|
Agriculture, forestry and fishing |
0.2 |
(2.7) |
In current prices (billion EUR) |
73.2 |
|
Industry including construction |
12.3 |
(26.2) |
Latest 5-year average real growth (%) |
2.3 |
(1.5) |
Services |
87.5 |
(71.1) |
Per capita (thousand USD PPP, 2020) |
117.7 |
(46.1) |
|
|
|
GENERAL GOVERNMENT |
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Per cent of GDP |
|||||
Expenditure (OECD: 2020) |
42.4 |
(48.5) |
Gross financial debt (OECD: 2020) |
30.6 |
(133.5) |
Revenue (OECD: 2020) |
43.3 |
(38.1) |
Net financial debt (OECD: 2020) |
-50.1 |
(81.2) |
EXTERNAL ACCOUNTS |
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Exchange rate (EUR per USD) |
0.85 |
|
Main exports (% of total merchandise exports) |
|
|
PPP exchange rate (USA = 1) |
0.84 |
|
Manufactured goods |
38.1 |
|
In per cent of GDP |
|
|
Machinery and transport equipment |
27.5 |
|
Exports of goods and services |
212.4 |
(54.6) |
Chemicals and related products, n.e.s. |
11.8 |
|
Imports of goods and services |
177.0 |
(51.1) |
Main imports (% of total merchandise imports) |
|
|
Current account balance |
4.8 |
(0.1) |
Machinery and transport equipment |
31.7 |
|
Net international investment position (2020) |
57.5 |
|
Manufactured goods |
15.4 |
|
|
|
|
Chemicals and related products, n.e.s. |
12.4 |
|
LABOUR MARKET, SKILLS AND INNOVATION |
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Employment rate (aged 15 and over, %, OECD: 2020) |
58.7 |
(55.1) |
Unemployment rate, Labour Force Survey (aged 15 and over, %, OECD: 2020) |
5.2 |
(7.1) |
Men (OECD: 2020) |
62.4 |
(63.0) |
Youth (aged 15-24, %) |
16.9 |
(12.8) |
Women (OECD: 2020) |
54.9 |
(47.7) |
Long-term unemployed (1 year and over, %, 2020) |
1.7 |
(1.3) |
Participation rate (aged 15 and over, %, 2020) |
60.8 |
(59.5) |
Tertiary educational attainment (aged 25-64, %, 2020) |
51.3 |
(39.0) |
Average hours worked per year (OECD: 2020) |
1,382 |
(1,666) |
Gross domestic expenditure on R&D (% of GDP, 2018) |
1.2 |
(2.6) |
ENVIRONMENT |
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Total primary energy supply per capita (toe, 2020) |
5.4 |
(3.7) |
CO2 emissions from fuel combustion per capita (tonnes, 2019) |
14.8 |
( 8.3) |
Renewables (%, 2020) |
10.7 |
(11.9) |
Water abstractions per capita (1 000 m³, 2020) |
0.1 |
|
Exposure to air pollution (more than 10 µg/m³ of PM 2.5, % of population, 2019) |
68.6 |
(61.7) |
Municipal waste per capita (tonnes, 2020) |
0.8 |
(0.5) |
SOCIETY |
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Income inequality (Gini coefficient, 2019, OECD: latest available) |
0.305 |
(0.317) |
Education outcomes (PISA score, 2018) |
|
|
Relative poverty rate (%, 2019, OECD: 2018) |
10.5 |
(11.7) |
Reading |
470 |
(485) |
Median disposable household income (thousand USD PPP, 2019, OECD: 2018) |
43.8 |
(25.4) |
Mathematics |
483 |
(487) |
Public and private spending (% of GDP) |
|
|
Science |
477 |
(487) |
Health care (2019) |
5.4 |
(8.8) |
Share of women in parliament (%) |
35.0 |
(32.4) |
Pensions (2017) |
8.5 |
(8.6) |
Net official development assistance (% of GNI, 2017) |
1.0 |
(0.4) |
Education (% of GNI, 2020) |
4.5 |
(4.6) |
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¹ The year is indicated in parenthesis if it deviates from the year in the main title of this table.² Where the OECD aggregate is not provided in the source database, a simple OECD average of latest available data is calculated where data exist for at least 80% of member countries.
Source: Calculations based on data extracted from databases of the following organisations: OECD, International Energy Agency, International Labour Organisation, International Monetary Fund, United Nations, World Bank.