Productivity in Luxembourg decreased to 98.30 points in the fourth quarter of 2019 from 98.70 points in the third quarter of 2019.

Productivity in Luxembourg averaged 96.58 points from 1995 until 2019, reaching an all time high of 104.20 points in the second quarter of 2007 and a record low of 87 points in the third quarter of 1995. This page provides - Luxembourg Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Productivity - values, historical data and charts - was last updated on June of 2020.

Productivity in Luxembourg is expected to be 99.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Luxembourg to stand at 100.80 in 12 months time. In the long-term, the Luxembourg Productivity is projected to trend around 100.31 points in 2021 and 100.01 points in 2022, according to our econometric models.

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Luxembourg Productivity

Actual Previous Highest Lowest Dates Unit Frequency
98.30 98.70 104.20 87.00 1995 - 2019 points Quarterly
2015=100, SA

Luxembourg Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.90 6.10 7.20 1.40 percent [+]
Employed Persons 467716.00 473495.00 474467.00 211007.00 [+]
Unemployed Persons 20253.00 18398.00 20253.00 821.00 [+]
Long Term Unemployment Rate 1.10 1.20 2.60 0.40 percent [+]
Youth Unemployment Rate 19.90 17.70 22.80 2.70 percent [+]
Labour Costs 116.17 101.52 189.00 85.90 points [+]
Wages 5382.90 5324.50 5382.90 2199.50 EUR/Month [+]
Minimum Wages 2071.07 2071.07 2071.07 1162.08 EUR/Month [+]
Population 0.61 0.60 0.61 0.31 Million [+]
Retirement Age Women 65.00 65.00 65.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Labor Force Participation Rate 60.70 60.90 60.90 51.40 percent [+]
Part Time Employment 47.80 49.60 54.60 16.00 Thousand [+]
Productivity 98.30 98.70 104.20 87.00 points [+]
Wages In Manufacturing 102.90 101.40 141.30 83.40 points [+]
Full Time Employment 238.30 235.20 238.30 153.50 Thousand [+]
Employment Change 0.80 0.80 1.90 -0.30 percent [+]
Employment Rate 67.90 67.90 68.40 58.50 percent [+]


Luxembourg Productivity
In Luxembourg, productivity refers to real labour productivity per hour worked.