Inflation, GDP deflator: linked series in Luxembourg
Luxembourg: Inflation, GDP deflator: linked series was 3.2% in 2025. ◆ Volatile
Inflation, GDP deflator: linked series in Luxembourg, 1990–2025
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
Luxembourg recorded 3.2% for inflation, gdp deflator: linked series in 2025.
The figure is down 29.6% on the previous year and up 44.9% over ten years.
Over the whole period, inflation, gdp deflator: linked series in Luxembourg peaked at 6.9% in 2023 and was at its lowest, -2.0%, in 1998.
That places Luxembourg 108th out of 212 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator: linked series in Luxembourg, year by year
| Year | annual % | Change |
|---|---|---|
| 1990 | 2.5% | — |
| 1991 | 1.8% | -27.5% |
| 1992 | 3.7% | +104.6% |
| 1993 | 6.0% | +60.2% |
| 1994 | 3.5% | -40.7% |
| 1995 | 2.3% | -34.2% |
| 1996 | 3.8% | +62.2% |
| 1997 | 2.6% | -30.8% |
| 1998 | -2.0% | -177.6% |
| 1999 | 4.8% | -334.4% |
| 2000 | 4.6% | -3.3% |
| 2001 | 0.8% | -82.9% |
| 2002 | 1.5% | +85.3% |
| 2003 | 2.2% | +49.3% |
| 2004 | 3.1% | +42.7% |
| 2005 | 4.8% | +54.5% |
| 2006 | 6.5% | +34.0% |
| 2007 | 1.9% | -70.7% |
| 2008 | 6.6% | +249.4% |
| 2009 | 0.9% | -86.8% |
| 2010 | 4.6% | +433.9% |
| 2011 | 3.4% | -25.8% |
| 2012 | 3.3% | -5.3% |
| 2013 | 2.3% | -30.3% |
| 2014 | 2.8% | +22.9% |
| 2015 | 2.2% | -20.6% |
| 2016 | -1.1% | -149.9% |
| 2017 | 2.1% | -293.5% |
| 2018 | 1.8% | -14.2% |
| 2019 | 0.9% | -50.2% |
| 2020 | 3.9% | +322.2% |
| 2021 | 5.9% | +52.5% |
| 2022 | 6.2% | +5.4% |
| 2023 | 6.9% | +11.1% |
| 2024 | 4.6% | -33.8% |
| 2025 | 3.2% | -29.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.9% | -2.0% | 6.0% | 10 |
| 2000s | 3.3% | 0.8% | 6.6% | 10 |
| 2010s | 2.2% | -1.1% | 4.6% | 10 |
| 2020s | 5.1% | 3.2% | 6.9% | 6 |
Countries ranked near Luxembourg
- 105 Curacao 3.3% compare
- 106 Netherlands 3.3% compare
- 107 Maldives 3.3% compare
- 109 Côte d'Ivoire 3.2% compare
- 110 Micronesia (country) 3.2% compare
- 111 Isle of Man 3.2% compare
More financial sector data for Luxembourg
- Total reserves in months of imports, annual growth rate 5.43 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 1.87 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0003 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 48.89 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.3299 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,913 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 4.31 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 3,247 SDR per person (2025)
Frequently asked questions
- What is inflation, gdp deflator: linked series in Luxembourg?
- Inflation, gdp deflator: linked series in Luxembourg was 3.2% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Luxembourg?
- The highest recorded value was 6.9% in 2023.
- What is the lowest inflation, gdp deflator: linked series recorded in Luxembourg?
- The lowest recorded value was -2.0% in 1998.
- How does Luxembourg rank for inflation, gdp deflator: linked series?
- Luxembourg ranks 108th out of 212 countries with data for 2025.
- Is inflation, gdp deflator: linked series rising or falling in Luxembourg?
- Over the last ten years it is up 44.9%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.