Category: Luxembourg gdp per capita 2018

The Gross Domestic Product per capita in Luxembourg was last recorded at GDP per capita in Luxembourg averaged This page provides the latest reported value for - Luxembourg GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Luxembourg GDP per capita - values, historical data and charts - was last updated on January of GDP per capita in Luxembourg is expected to reach In the long-term, the Luxembourg GDP per capita is projected to trend around Trading Economics members can view, download and compare data from nearly countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

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GDP per capita, PPP (current international $) - Luxembourg

Click here to contact us. Please Paste this Code in your Website. Luxembourg GDP per capita. Compare GDP per capita by Country. Luxembourg Unemployment at 3-Month High. Luxembourg Producer Prices Fall for 9th Month. Danish Consumer Confidence Weakens in January.

Philippines Stocks Nearly Flat at Close. Calendar Forecast Indicators News. Currency Stock Market. More Indicators. Write for Us. Publish your articles and forecasts in our website. Get recognition from our millions of users. Constant USD. GDP Growth Rate.It is bordered by Belgium to the west and north, Germany to the east, and France to the south. Its capital, Luxembourg City[9] is one of the four official capitals of the European Union together with BrusselsFrankfurtand Strasbourg and the seat of the Court of Justice of the European Unionthe highest judicial authority in the EU.

It has three official languages : French, German, and the national language of Luxembourgish. The history of Luxembourg is considered to begin inwhen count Siegfried acquired a rocky promontory and its Roman-era fortifications known as Lucilinburhuc"little castle", and the surrounding area from the Imperial Abbey of St.

List of Countries by GDP (nominal) per capita

Maximin in nearby Trier. At the end of the 13th century, the counts of Luxembourg reigned over a considerable territory. The present-day state of Luxembourg first emerged at the Congress of Vienna in The Grand Duchy, with its powerful fortress, became an independent state under the personal possession of William I of the Netherlands with a Prussian garrison to guard the city against another invasion from France.

The recorded history of Luxembourg begins with the acquisition of Lucilinburhuc [34] today Luxembourg Castle situated on the Bock rock by Siegfried, Count of Ardennesin through an exchange act with St. Maximin's Abbey, Trier.

In the 14th and early 15th centuries, three members of the House of Luxembourg reigned as Holy Roman Emperors. In the following centuries, Luxembourg's fortress was steadily enlarged and strengthened by its successive occupants, the BourbonsHabsburgsHohenzollerns and the French. After the defeat of Napoleon inLuxembourg was disputed between Prussia and the Netherlands.

The Dutch king became, in personal unionthe grand duke. Although he was supposed to rule the grand duchy as an independent country with an administration of its own, in reality he treated it similarly to a Dutch province.

West Europe GDP Per Capita 1970 - 2019

At the time of the Belgian Revolution of —, and by the Treaty establishing full independence, Luxembourg's territory was reduced by more than half, as the predominantly francophone western part of the country was transferred to Belgium. After the Luxembourg Crisis of nearly led to war between Prussia and France, the Grand Duchy's independence and neutrality were again affirmed by the Second Treaty of LondonPrussia's troops were withdrawn from the Fortress of Luxembourg, and its Bock and surrounding fortifications were dismantled.

The King of the Netherlands remained Head of State as Grand Duke of Luxembourgmaintaining a personal union between the two countries until At the time of the Franco-Prussian war indespite allegations about French use of the Luxembourg railways for passing soldiers from Metz then part of France through the Duchy, and for forwarding provisions to Thionville, Luxembourg's neutrality was respected by Germanyand neither France nor Germany invaded the country.

This allowed Germany the military advantage of controlling and expanding the railways there. In AugustImperial Germany violated Luxembourg's neutrality in the war by invading it in the war against France. This enabled Germany to use the railway lines, while at the same time denying them to France. Nevertheless, despite the German occupationLuxembourg was allowed to maintain much of its independence and political mechanisms. Inafter the outbreak of World War IILuxembourg's neutrality was again violated when the Wehrmacht of Nazi Germany entered the country, "entirely without justification".

A government in exile based in London supported the Alliessending a small group of volunteers who participated in the Normandy invasion. Luxembourg was liberated in Septemberand became a founding member of the United Nations in Luxembourg's neutral status under the constitution formally ended inand in it became a founding member of NATO.

InLuxembourg became one of the six founding countries of the European Coal and Steel Communitywhich in would become the European Economic Community and in the European Union. In Luxembourg joined the Eurozone. Ina referendum on the EU treaty establishing a constitution for Europe was held.

The steel industry exploiting the Red Lands ' rich iron-ore grounds in the beginning of the 20th century drove the country's industrialisation. After the decline of the steel industry in the s, the country focused on establishing itself as a global financial centre and developed into the banking hub it is reputed for. Since the beginning of the 21st century, its governments have focused on developing the country into a knowledge economywith the founding of the University of Luxembourg and a national space programmeprojecting the first involvement in a robotic lunar expedition by Luxembourg is described as a " full democracy ", [51] with a parliamentary democracy headed by a constitutional monarch.

Executive power is exercised by the grand duke and the cabinet, which consists of several other ministers.Country statistical profile. Growth rate: 1.

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luxembourg gdp per capita 2018

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Luxembourg GDP Per Capita 1960-2021

Find all indicators on Society. Download Profile Excel. Selected indicators for Luxembourg Share 0. Mathematics Science Reading. Tax on personal income: 9. Embed code Use this code to embed the country dashboard into your website.

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Embed code Use this code to embed the visualisation into your website. Agricultural land Indicator. Permanent pasture Thousand hectares Luxembourg red.

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The statistic shows that between andreal GDP per capita in Luxembourg decreased from roughlyinto approximatelydollars in the year You need a Single Account for unlimited access. Full access to 1m statistics Incl. Single Account. View for free. Show detailed source information?Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page.

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luxembourg gdp per capita 2018

Stock Research Top Stocks. Economy U. Economic Charts. States by Population U. Tools K Calculator. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Data are in current U. Retrieved We Need Your Support! Close Window. United States. United Kingdom. Czech Republic. Kitts and Nevis. Slovak Republic.

Antigua and Barbuda. Trinidad and Tobago.GDP is the total market value of all final goods and services produced in a country in a given year.

In Nominal method, market exchange rates are used for conversion. Maldives and Hungary are other top gainers. Among top ten richest economiesonly Switzerland and United States showed improvement in figure. Among top 20 richest economies, per capita income of 17 economies is less in compare to previous year.

Changes in rank: Suriname and Ukraine are the highest gainer in World GDP nominal per capita Ranking by improving theirs rank by 7 positions. Zimbabwe is biggest loser as its rank is down by 14 position.

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Other top losers are : VenezuelaLibyaAngola and Argentina Home World India. Economy World Country India. Demographics World Country India. Politics India. Geography World India. Sports World India.

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Article World India. Top Statistics. United States vs China by population. World GDP per capita.

luxembourg gdp per capita 2018

Kitts and Nevis 17, Lucia 10, Vincent and the Grenadines 7, Kitts and Nevis 19, 58 Slovak Republic 19, 59 Curacao 19, 60 Lithuania 19, 61 Latvia 18, 62 Palau 17, 63 Uruguay 17, 64 Antigua and Barbuda 16, 65 Trinidad and Tobago 16, 66 Seychelles 16, 67 Oman 16, 68 Barbados 16, 69 Venezuela, RB 16, 70 Hungary 15, 71 Chile 15, 72 Panama 15, 73 Poland 15, 74 Croatia 14, 75 French Polynesia 14, 76 New Caledonia 12, 77 Romania 12, 78 Costa Rica 12, 79 Argentina 11, 80 American Samoa 11, 81 Russian Federation 11, 82 Mauritius 11, 83 Malaysia 11, 84 Grenada 10, 85 St.

Lucia 10, 86 Maldives 10, 87 Equatorial Guinea 10, 88 China 9, 89 Mexico 9, 90 Kazakhstan 9, 91 Turkey 9, 92 Bulgaria 9, 93 Nauru 9, 94 Brazil 8, 95 Montenegro 8, 96 Cuba 8, 97 Lebanon 8, 98 Botswana 8, 99 Gabon 8, Dominican Republic 7, St. Vincent and the Grenadines 7, Thailand 7, Libya 7, Serbia 7, Dominica 7, Turkmenistan 6, Peru 6, Colombia 6, South Africa 6, Ecuador 6, Belarus 6, Fiji 6, North Macedonia 6, Bosnia and Herzegovina 5, Suriname 5, Namibia 5, Iraq 5, Paraguay 5, Iran, Islamic Rep.

People's Rep. Martin French part - - World 11, World Bank.The economy of Luxembourg is largely dependent on the banking, steel, and industrial sectors. Luxembourgers enjoy the highest per capita gross domestic product in the world CIA est.

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Luxembourg is seen as a diversified industrialized nation, contrasting the oil boom in Qatar, the major monetary source of the southwest Asian state. Although Luxembourg in tourist literature is aptly called the "Green Heart of Europe", its pastoral land coexists with a highly industrialized and export-intensive area. Luxembourg's economy is quite similar to Germany's. Luxembourg enjoys a degree of economic prosperity very rare among industrialized democracies.

This was however reduced to 1. For the expected figures are as follows: Growth 4. Banking is the largest sector in the Luxembourg economy. As Luxembourg's domestic market is relatively small, the country's financial centre is predominantly international.

At the end of Marchthere were banks in Luxembourg, with over 27, employees. 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.

These factors have contributed to a Corruption Perceptions Index of 8. More than 9, holding companies are established in Luxembourg. The European Investment Bank —the financial institution of the European Union —is also located there. Concern about Luxembourg's banking secrecy laws, and its reputation as a tax haven, led in April to it being added to a "grey list" of nations with questionable banking arrangements by the G20, [24] a list from which it was removed in For example, the classic tax exempt Holding Company was outlawed 31 Decemberas it was deemed an illegal state aid by the European Commission.

A key event in the economic history of Luxembourg was the introduction of English metallurgy. The refining process led to the development of the steel industry in Luxembourg and founding of the Arbed company in As a result of timely modernization of facilities, cutbacks in production and employment, government assumption of portions of Arbed's debt, and recent cyclical recovery of the international demand for steel, the company is again profitable.

Its productivity is among the highest in the world. The company specializes in production of large architectural steel beams and specialized value-added products.

There has been, however, a relative decline in the steel sector, offset by Luxembourg's emergence as a financial center. Inthrough the merger with Aceralia and UsinorArbed became Arcelor. Arcelor was taken over in by Mittal Steel to form Arcelor-Mittalhelmed by Lakshmi Mittalthe largest steel producer in the world.

Government policies promote the development of Luxembourg as an audiovisual and communications center. Radio-Television-Luxembourg is Europe's premier private radio and television broadcaster.