Economy of Luxembourg (Economy in Countries)

This book about the economy of Luxembourg from the 1970s to the 2010s. Source data from UN Data.Size. In the 2010s, the GDP of Luxembourg was equal to 59.5 billion US$ per year; the value of agriculture was 159.8 million US$; the value of manufacturing was 2.9 billion US$. Since the share in the world is between .01% and .1%, the country is classified as a small economy.Productivity. In the 2010s, the gross domestic product per capita was 108 547.7 US$; the agriculture per capita was 291.5 US$; the manufacturing per capita was 5 242.7 US$. Since the productivity is greater the average above average, the economy is classified as high developed.Growth. In the 2010s, the growth of gross domestic product was 2.8%; the growth of agriculture was -2.3%; the growth of manufacturing was 4.2%.Structure. In the 2010s, the economy of Luxembourg consisted of: industry (34.3%), service (31.7%), trade (15.9%), transportation (8.4%), construction (6.9%), and agriculture (2.8%).External relations. In the 2010s, the export was 19.3% higher than the import, the net export was equal to 32.6% of the GDP. The technological structure of export is not better than the structure of import.Consumption and reproduction. The attitude of reproduction to the consumption is not better than the global average, so the share of GDP in the world will not increase.

• | Author: Ivan Kushnir
• | Publisher: Independently published
• | Publication Date: Jan 27, 2019
• | Number of Pages: 69 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1795239190
• | ISBN-13: 9781795239196