Luxembourg: Industry, including construction, value added (annual % growth)

Key figures

What the numbers say

In 2025, Luxembourg's industry, including construction, value added (annual % growth) fell 19.85 percentage points on 2024 (from 15.04% to -4.81%).

Across the 28 yearly changes before that (1997 to 2024), the average change was +0.52 percentage points and a typical year strayed about 10.35 percentage points from that (the standard deviation). This year's change was 2.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 22.27 percentage points in 2023 and the biggest yearly fall was 26.7 percentage points in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Luxembourg had the 157th highest value of the 161 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Luxembourg in the 2025 ranking

• Togo — 153rd of 161: -3.19%
• Montenegro — 154th of 161: -3.24%
• Iran, Islamic Rep. — 155th of 161: -4.78%
• Hong Kong SAR, China — 157th of 161: -4.98%
• Haiti — 158th of 161: -5.11%
• Iraq — 159th of 161: -6.48%

What this measures

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Limitations: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 30 values

Industry, including construction, value added (annual % growth) in nearby economies

• Albania — 0.97% (2025)
• Andorra — 3.76% (2025)
• Armenia — 9.3% (2025)
• Austria — -1.11% (2025)
• Azerbaijan — -0.76% (2025)
• Belarus — 0.22% (2025)
• Belgium — 1.04% (2025)
• Bosnia and Herzegovina — -2.01% (2025)
• Bulgaria — -1.44% (2025)

More economic policy & debt data for Luxembourg

• GDP (current US$) — US$101.16 billion (2025)
• GDP (current LCU) — 89.52 billion (2025)
• GDP (constant 2015 US$) — US$70.96 billion (2025)
• GDP (constant LCU) — 68.96 billion (2025)
• GDP per capita (current US$) — US$147,252 (2025)
• GDP per capita (current LCU) — 130,314 (2025)
• GDP per capita (constant 2015 US$) — US$103,292 (2025)
• GDP per capita (constant LCU) — 100,385 (2025)
• GNI (current US$) — US$68.91 billion (2025)
• GNI (current LCU) — 60.98 billion (2025)
• GNI per capita (current LCU) — 88,769 (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Luxembourg's industry, including construction, value added (annual % growth)?

-4.81% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1996?

It is down 5.39 percentage points from 0.59% in 1996. The highest value was 15.04% in 2024 and the lowest -18.71% in 2022.

How does Luxembourg rank?

157th highest of 161 economies with data for 2025.

Is the latest change in industry, including construction, value added (annual % growth) unusual for Luxembourg?

In 2025, Luxembourg's industry, including construction, value added (annual % growth) fell 19.85 percentage points on 2024 (from 15.04% to -4.81%). Across the 28 yearly changes before that (1997 to 2024), the average change was +0.52 percentage points and a typical year strayed about 10.35 percentage points from that (the standard deviation). This year's change was 2.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NV.IND.TOTL.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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