Luxembourg Output Gap, Percent of Potential GDP Statistics

26, May 2019, EDT.

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Country or Region: Luxembourg › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all Luxembourg indicators, › See Output Gap, Percent of Potential GDP data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. See notes for: Gross domestic product, constant prices (National currency).

Output Gap, Percent of Potential GDP Statistics for Luxembourg , Year 2015 - In Detail

Output Gap, Percent of Potential GDP for Luxembourg in year 2015 is 0.671 %. Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty.

This makes Luxembourg No. 2 in world rankings according to Output Gap, Percent of Potential GDP in year 2015. The world's average Output Gap, Percent of Potential GDP value is -0.23 %; Luxembourg is 0.90 more than the average.

In the previous year, 2014, Output Gap, Percent of Potential GDP for Luxembourg was -0.16 % Output Gap, Percent of Potential GDP for Luxembourg in 2015 was or will be 519.38% less than it was or will be in 2014.

In the following or forecasted year, 2016, Output Gap, Percent of Potential GDP for Luxembourg was or will be 0.49 %, which is 27.42% less than the 2015 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Luxembourg, in other Years
Year %
  2021 n/a
  2020 n/a
  2019 n/a
  2018 n/a
  2017 0.369
  2016 0.487
2015 0.671
  2014 -0.16
  2013 -0.807
  2012 -2.211
  2011 0.832
  2010 0.011
  2009 -4.063
  2008 2.679
  2007 5.446
  2006 -0.004
  2005 -1.537
  2004 -1.015
  2003 -1.689
  2002 0.303
  2001 -0.052
  2000 0.969
  1999 -1.64
  1998 -3.717
  1997 -3.926
  1996 -3.717
  1995 0.697
  1994 4.138
  1993 5.245
  1992 6.074
  1991 9.579
  1990 6.302
  1989 6.587
  1988 2.674
  1987 0.194
  1986 1.997
  1985 -1.113
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a