Luxembourg - GDP Deflator 2023
6.91%
+0.69pp from 2022
Luxembourg's gdp deflator was 6.91% in 2023, increased +0.69pp from 6.22% in 2022. This was the 138th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | -20.82% | -283.2% |
| 2nd | Iraq | -15.53% | -157.7% |
| 3rd | Guyana | -14.09% | -216.8% |
| 4th | Trinidad and Tobago | -12.99% | -181.5% |
| 5th | Brunei Darussalam | -12.85% | -153.0% |
| 6th | Norway | -11.08% | -139.0% |
| 7th | Gabon | -9.96% | -167.5% |
| 8th | Azerbaijan | -9.32% | -125.0% |
| 9th | Qatar | -9.20% | -135.6% |
| 10th | Kuwait | -8.07% | -145.7% |
| 11th | Equatorial Guinea | -7.65% | -134.6% |
| 12th | Libya | -7.62% | -117.8% |
| 13th | Congo, Republic of | -7.57% | -141.4% |
| 14th | Singapore | -5.02% | -133.6% |
| 15th | Oman | -4.70% | -128.5% |
| 16th | Papua New Guinea | -4.34% | -128.9% |
| 17th | Bahrain | -4.28% | -160.0% |
| 18th | New Caledonia | -3.97% | -203.3% |
| 19th | Chad | -3.79% | -126.8% |
| 20th | Turkmenistan | -3.28% | -129.7% |
| 21st | West Bank and Gaza | -2.43% | -244.4% |
| 22nd | Saudi Arabia | -2.18% | -117.4% |
| 23rd | Denmark | -2.12% | -120.4% |
| 24th | United Arab Emirates | -2.02% | -116.0% |
| 25th | Malaysia | -1.85% | -129.4% |
| 26th | China | -0.51% | -126.1% |
| 27th | Lesotho | -0.37% | -106.7% |
| 28th | Costa Rica | -0.09% | -101.4% |
| 29th | Bolivia, Plurinational State of | 0.19% | -92.7% |
| 30th | Turks and Caicos Islands | 0.47% | -72.0% |
| 31st | Switzerland | 0.90% | -70.5% |
| 32nd | Algeria | 1.00% | -95.6% |
| 33rd | Cambodia | 1.02% | -70.8% |
| 34th | Thailand | 1.27% | -72.6% |
| 35th | Canada | 1.36% | -82.8% |
| 36th | St. Lucia | 1.49% | -64.7% |
| 37th | Indonesia | 1.53% | -84.0% |
| 38th | Botswana | 1.74% | -88.1% |
| 39th | Jordan | 1.83% | -30.1% |
| 40th | Greenland | 1.86% | -66.8% |
| 41st | Barbados | 1.94% | 255.4% |
| 42nd | Burkina Faso | 1.97% | -57.6% |
| 43rd | Sint Maarten (Dutch part) | 2.02% | -39.4% |
| 44th | Korea | 2.04% | 12.8% |
| 45th | Dominica | 2.09% | 697.9% |
| 46th | Viet Nam | 2.09% | -52.9% |
| 47th | Maldives | 2.14% | -37.3% |
| 48th | Paraguay | 2.17% | -73.0% |
| 49th | Mali | 2.22% | -64.7% |
| 50th | Panama | 2.26% | 2.9% |
| 51st | Ecuador | 2.28% | -2.7% |
| 52nd | Curaçao | 2.40% | -51.9% |
| 53rd | Djibouti | 2.45% | 1,755.8% |
| 54th | Solomon Islands | 2.55% | 235.9% |
| 55th | India | 2.59% | -56.0% |
| 56th | El Salvador | 2.59% | -60.6% |
| 57th | Comoros | 2.63% | -49.3% |
| 58th | Tanzania | 2.75% | -0.5% |
| 59th | Cayman Islands | 2.75% | -29.3% |
| 60th | Fiji | 2.75% | -65.9% |
| 61st | Hong Kong SAR, China | 2.89% | 71.3% |
| 62nd | St. Vincent and the Grenadines | 2.91% | -63.4% |
| 63rd | Afghanistan | 2.92% | -68.9% |
| 64th | Faroe Islands | 2.94% | -50.1% |
| 65th | Georgia | 2.95% | -63.8% |
| 66th | Senegal | 3.05% | -67.3% |
| 67th | Armenia | 3.10% | -61.2% |
| 68th | Cabo Verde | 3.26% | -48.6% |
| 69th | French Polynesia | 3.28% | 31.9% |
| 70th | Puerto Rico (US) | 3.32% | -14.9% |
| 71st | Benin | 3.39% | -18.2% |
| 72nd | Ireland | 3.39% | -57.6% |
| 73rd | Uruguay | 3.41% | -33.7% |
| 74th | Niger | 3.49% | -13.2% |
| 75th | Finland | 3.49% | -43.4% |
| 76th | Cameroon | 3.57% | -47.7% |
| 77th | Central African Republic | 3.57% | -40.6% |
| 78th | United States | 3.60% | -49.5% |
| 79th | Tajikistan | 3.74% | -54.7% |
| 80th | Mauritania | 3.81% | 721.5% |
| 81st | Bermuda | 3.85% | 165.9% |
| 82nd | Côte d'Ivoire | 3.90% | 30.1% |
| 83rd | Togo | 3.96% | -44.4% |
| 84th | Japan | 4.07% | 919.5% |
| 85th | Seychelles | 4.09% | 160.5% |
| 86th | New Zealand | 4.15% | -29.6% |
| 87th | Macao SAR, China | 4.38% | 276.8% |
| 88th | Bhutan | 4.40% | -24.0% |
| 89th | St. Kitts and Nevis | 4.41% | 27.4% |
| 90th | Grenada | 4.46% | 171.7% |
| 91st | Israel | 4.55% | -7.8% |
| 92nd | Kosovo | 4.56% | -36.6% |
| 93rd | Philippines | 4.60% | -16.2% |
| 94th | Somalia, Fed. Rep. | 4.60% | -42.0% |
| 95th | Mexico | 4.65% | -30.2% |
| 96th | South Africa | 4.72% | -9.9% |
| 97th | Liberia | 4.81% | -44.5% |
| 98th | Antigua and Barbuda | 4.91% | -27.6% |
| 99th | France | 4.99% | 65.3% |
| 100th | Monaco | 4.99% | 65.5% |
| 101st | Mozambique | 5.09% | -44.4% |
| 102nd | Guinea-Bissau | 5.14% | 32.3% |
| 103rd | Brazil | 5.16% | -39.8% |
| 104th | Malta | 5.17% | 1.5% |
| 105th | Iceland | 5.29% | -40.1% |
| 106th | Kenya | 5.42% | -22.2% |
| 107th | Belgium | 5.51% | -17.8% |
| 108th | Cyprus | 5.60% | -15.4% |
| 109th | Micronesia, Federated States of | 5.65% | -39.8% |
| 110th | Albania | 5.73% | -41.9% |
| 111th | Nepal | 5.75% | -30.2% |
| 112th | Channel Islands | 5.75% | -21.8% |
| 113th | Dominican Republic | 5.79% | -39.4% |
| 114th | Sweden | 5.83% | -3.2% |
| 115th | Tuvalu | 6.00% | 8.2% |
| 116th | Honduras | 6.05% | -35.1% |
| 117th | Eswatini | 6.05% | -31.7% |
| 118th | Guinea | 6.09% | 117.2% |
| 119th | Mauritius | 6.13% | -28.0% |
| 120th | Italy | 6.20% | 79.4% |
| 121st | Spain | 6.25% | 33.1% |
| 122nd | Greece | 6.27% | -0.2% |
| 123rd | Andorra | 6.30% | 48.6% |
| 124th | Netherlands | 6.30% | 2.4% |
| 125th | Peru | 6.34% | 40.4% |
| 126th | United Kingdom | 6.34% | 11.7% |
| 127th | Nauru | 6.40% | 148.7% |
| 128th | Australia | 6.46% | -10.3% |
| 129th | Guatemala | 6.54% | 2.6% |
| 130th | Chile | 6.59% | -12.9% |
| 131st | Namibia | 6.60% | 2.8% |
| 132nd | Bahamas, The | 6.64% | 61.0% |
| 133rd | Germany | 6.69% | 4.3% |
| 134th | Belize | 6.69% | -8.1% |
| 135th | Uganda | 6.75% | 37.1% |
| 136th | Samoa | 6.83% | 168.5% |
| 137th | Bangladesh | 6.90% | 36.6% |
| 138th | Luxembourg | 6.91% | 11.1% |
| 139th | European Union | 6.91% | 4.4% |
| 140th | Colombia | 6.95% | -53.4% |
| 141st | Vanuatu | 6.97% | -37.9% |
| 142nd | Morocco | 7.05% | 170.9% |
| 143rd | Zambia | 7.09% | 15.5% |
| 144th | Aruba | 7.11% | 65.7% |
| 145th | Austria | 7.17% | 42.8% |
| 146th | Tunisia | 7.18% | 126.8% |
| 147th | Bosnia and Herzegovina | 7.29% | -38.3% |
| 148th | Marshall Islands | 7.32% | 2,845.4% |
| 149th | San Marino | 7.36% | 166.1% |
| 150th | Tonga | 7.43% | -19.3% |
| 151st | Madagascar | 7.47% | -22.4% |
| 152nd | Portugal | 7.49% | 40.5% |
| 153rd | North Macedonia | 7.88% | -11.2% |
| 154th | Bulgaria | 8.00% | -49.8% |
| 155th | Russian Federation | 8.00% | -56.0% |
| 156th | Belarus | 8.05% | -45.9% |
| 157th | Czechia | 8.60% | -0.8% |
| 158th | Estonia | 8.64% | -48.7% |
| 159th | Kiribati | 8.70% | 544.4% |
| 160th | Lithuania | 9.02% | -43.8% |
| 161st | Moldova | 9.28% | -50.8% |
| 162nd | Kazakhstan | 9.52% | -51.8% |
| 163rd | Poland | 9.87% | -7.7% |
| 164th | Slovenia | 9.99% | 54.2% |
| 165th | Slovak Republic | 10.02% | 36.7% |
| 166th | Latvia | 10.67% | 10.1% |
| 167th | Nicaragua | 10.78% | 28.6% |
| 168th | Myanmar | 10.79% | 75.0% |
| 169th | Nigeria | 10.82% | 34.5% |
| 170th | Palau | 11.04% | 188.5% |
| 171st | Congo, Democratic Republic of | 11.29% | 13.0% |
| 172nd | Jamaica | 11.33% | -10.5% |
| 173rd | Montenegro | 11.68% | -3.2% |
| 174th | Rwanda | 11.95% | -24.4% |
| 175th | Romania | 12.35% | 2.5% |
| 176th | Croatia | 12.87% | 60.7% |
| 177th | Gambia, The | 13.72% | 55.6% |
| 178th | Uzbekistan | 13.82% | -4.4% |
| 179th | Serbia | 13.93% | 33.2% |
| 180th | Hungary | 15.11% | 8.1% |
| 181st | Sri Lanka | 16.67% | -64.9% |
| 182nd | Angola | 17.93% | -1.1% |
| 183rd | Burundi | 18.99% | 26.2% |
| 184th | Kyrgyz Republic | 19.86% | 1.0% |
| 185th | Ukraine | 19.87% | -43.1% |
| 186th | Mongolia | 21.77% | 22.9% |
| 187th | São Tomé and Principe | 23.75% | 50.5% |
| 188th | Lao PDR | 24.42% | 54.8% |
| 189th | Egypt, Arab Republic of | 24.80% | 137.9% |
| 190th | Pakistan | 26.02% | 86.7% |
| 191st | Malawi | 29.03% | 69.1% |
| 192nd | Sierra Leone | 29.26% | 8.5% |
| 193rd | Sudan | 29.69% | -74.6% |
| 194th | Haiti | 31.51% | 5.8% |
| 195th | Suriname | 33.10% | -33.0% |
| 196th | Cuba | 33.56% | 138.1% |
| 197th | Iran, Islamic Republic of | 37.29% | -27.0% |
| 198th | Ghana | 40.11% | 42.3% |
| 199th | Türkiye | 68.28% | -28.5% |
| 200th | Argentina | 136.74% | 98.2% |
| 201st | Lebanon | 202.91% | 80.9% |
| 202nd | Zimbabwe | 768.48% | 180.0% |
FAQ
What was Luxembourg's gdp deflator in 2023?▾
Luxembourg's gdp deflator in 2023 was 6.91%. This ranked 138th globally.
How did Luxembourg's gdp deflator change in 2023?▾
Luxembourg's gdp deflator increased by 11.1% in 2023 compared to 2022.
Which country had the highest gdp deflator in 2023?▾
Zimbabwe had the highest gdp deflator in 2023 at 768.48%.
What is the gdp deflator of Luxembourg in 2023?▾
The gdp deflator of Luxembourg in 2023 was 6.91%. This ranked 138th globally.
How does 2023 compare to 2022 for Luxembourg's gdp deflator?▾
Luxembourg's gdp deflator went from 6.22% in 2022 to 6.91% in 2023, a 11.1% increase.
Related
2022
2024
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Full ranking 2023
GDP
GDP per Capita
GDP Growth
GDP PPP
GNI
Peak: 1974
Lowest: 1961
GDP Deflator 1990s
GDP Deflator 2000s
GDP Deflator 2010s
GDP Deflator 2020s
Highest ever
Lowest ever
Average
vs Bermuda
vs Ireland
vs Switzerland
vs Cayman Islands
European Union GDP Deflator
NATO GDP Deflator
OECD GDP Deflator
Global Ranking