Charlie's Luxembourg Blog

Charlie McGill Dr. Quillin Economics 4/2/2020 Macroeconomics: Aggregate Demand Consumer Spending in Luxembourg for the Last 10 Years Source: “Luxembourg Consumer Spending 2000-2019 Data: 2020-2022 Forecast: Historical.” Business Confidence in Luxembourg in the Last 10 Years Source: “Luxembourg Business Confidence 1985-2020 Data: 2021-2022 Forecast: Calendar.” Government Spending in Luxembourg in the Last 10 Years Source: “Luxembourg Government Spending 2000-2019 Data: 2020-2022 Forecast: Historical.” Balance of Trade in Luxembourg for the Last 10 Years Source: “Luxembourg Balance of Trade 1988-2020 Data: 2021-2022 Forecast: Calendar.” When analyzing all of these indicators, it can be unclear at first as to how aggregate demand has changed over the past 10 years in Luxembourg. This is because of the massive fluctuations in business confidence and balance of trade. Despite those fluctuations, both business confidence and balance of trade have remained ...

Real GDP for the Last 10 Years* Real GDP Per Capita for the Last 10 Years* Real GDP Growth Per Year for the Last 10 Years 2006: 49.60 billion USD 2008: $108,577.35 2008: -1.3% growth 2007: 53.74 billion USD  2009: $101,939.62 2009: -4.4% growth 2008: 53.06 billion USD 2010: $104,965.30 2010: 4.9% growth 2009: 50.74 billion USD 2011: $105,264.75 2011: 2.5% growth 2010: 53.21 billion USD 2012: $102,404.61 2012: -0.4% growth 2011: 54.56 billion USD 2013: $103,721.75 2013: 3.7% growth 2012: 54.37 billion USD 2014: $105,658.52 2014: 4.3% growth 2013: 56.36 billion USD 2015: $107,235.27 2015: 3.9% growth 2014: 59.61 billion USD 2016: $107,479.51 2016: 2.4% growth 2015: 61.32 billion USD 2017: $106,519.59 2017: 1.5% growth 2016: 63.21 billion USD 2018: $107.243.23 2018: 2.6% growth *Source: “Real GDP for the Last 10 Years” **Source: “Real GDP Per Capita for the Last 10 Years” ***Source: “Real G...