Luxembourg - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Luxembourg was 42,972,640,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 43,353,690,000 in 2019 and a minimum value of 1,434,261,000 in 1970.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 1,434,261,000
1971 1,617,687,000
1972 1,780,732,000
1973 2,012,395,000
1974 2,227,201,000
1975 2,514,127,000
1976 2,847,117,000
1977 2,990,354,000
1978 3,350,423,000
1979 3,559,078,000
1980 4,060,174,000
1981 4,427,375,000
1982 4,893,393,000
1983 5,283,367,000
1984 5,763,457,000
1985 5,924,918,000
1986 6,507,471,000
1987 7,117,515,000
1988 7,803,727,000
1989 8,584,249,000
1990 9,362,292,000
1991 10,494,890,000
1992 10,528,830,000
1993 11,394,130,000
1994 11,952,330,000
1995 12,280,980,000
1996 12,777,560,000
1997 13,818,100,000
1998 14,717,990,000
1999 16,448,400,000
2000 17,727,410,000
2001 18,713,190,000
2002 19,500,090,000
2003 20,793,480,000
2004 21,919,550,000
2005 23,143,380,000
2006 24,058,860,000
2007 25,721,320,000
2008 27,696,200,000
2009 26,430,530,000
2010 28,940,770,000
2011 30,909,500,000
2012 32,272,110,000
2013 33,269,790,000
2014 35,147,490,000
2015 36,524,980,000
2016 37,232,300,000
2017 39,728,690,000
2018 40,619,380,000
2019 43,353,690,000
2020 42,972,640,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts