Luxembourg Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Luxembourg's inflation rate was 2.26% in 2025, ranked 121st globally. This represents a 10.1% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Luxembourg's inflation rate stood at 2.26% in 2025, a rise of +0.21pp from 2024. The IMF projects 2.26% by 2025. Luxembourg ranked 121st globally.
Luxembourg’s inflation rate in 2025 stood at 2.26%, placing the country 121st globally and virtually matching Barbados at 2.26% and Albania at 2.27% among its closest peers. Over the 66‑year series, the rate has risen from a modest 0.45% in 1960 to an all‑time peak of 10.72% during the oil‑price shock of 1975, before slipping to a brief deflationary trough of –0.06% in 1987. Since the late 1980s, inflation has hovered in the low‑single digits, reflecting Luxembourg’s open, service‑oriented economy and its integration with the euro area monetary framework. The recent figure remains close to the European Central Bank’s medium‑term target, suggesting price stability is being maintained. Continued alignment with euro‑zone monetary policy, together with modest wage growth and limited external shocks, should keep inflation anchored near the current level, unless a major commodity price surge or fiscal stimulus alters the trajectory.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 2.00% | - | - |
| 2029* IMF | 2.01% | - | - |
| 2028* IMF | 2.02% | - | - |
| 2027* IMF | 2.01% | - | - |
| 2026* IMF | 2.16% | - | - |
| 2025* IMF | 2.26% | - | - |
| 2025 | 2.26% | +0.21pp | #121 |
| 2024 | 2.05% | −0.88pp | #58 |
| 2023 | 3.74% | −4.41pp | #55 |
| 2022 | 6.34% | +2.86pp | #70 |
| 2021 | 2.53% | +2.52pp | #74 |
| 2020 | 0.82% | −0.83pp | #69 |
| 2019 | 1.74% | −0.27pp | #81 |
| 2018 | 1.53% | −0.58pp | #62 |
| 2017 | 1.73% | +1.69pp | #74 |
| 2016 | 0.29% | +0.23pp | #57 |
| 2015 | 0.47% | −0.22pp | #66 |
| 2014 | 0.63% | −1.07pp | #51 |
| 2013 | 1.73% | −1.15pp | #69 |
| 2012 | 2.66% | −1.07pp | #66 |
| 2011 | 3.41% | +0.62pp | #64 |
Detected Pattern
Analysis
Luxembourg matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →
The European Central Bank's (ECB) mandate to maintain price stability across the euro area directly influences Luxembourg's inflation rate. Luxembourg's current 2.26% inflation is closely aligned with the ECB's 2% medium-term target for the region. The news regarding Ireland's tourism sector, detailing visitor arrivals and spending, does not provide a direct or evident relationship to Luxembourg's inflation rate.
Frequently Asked Questions
Luxembourg's inflation rate was 2.26% in 2025. Ranked 121st globally. This represents a 10.1% increase from the previous year.
Luxembourg's inflation rate peaked at 10.72% in 1975.
The lowest inflation rate in Luxembourg was -0.06% in 1987.
Luxembourg ranks 121st globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Luxembourg's inflation rate is projected to reach 2.26% by 2025 based on IMF projection.
The inflation rate of Luxembourg in 2025 was 2.26%. This ranks 121st in the world.
Cite this page
@misc{historysaid_luxembourg_inflation-rate,
title = {Luxembourg Inflation Rate},
url = {https://historysaid.com/luxembourg/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}