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Luxembourg economics outlook Q1 2014

Luxembourg economics outlook Q1 2014

Report summary

Luxembourg is the second smallest nation in the EU by population but, it has the highest GDP per capita. After a peak-to-trough contraction of 9.4% over Q1 2008 to Q1 2009, GDP is yet to return to pre-crisis levels. An acceleration of GDP growth to 1.8% in 2014 will see the economy surpass pre-crisis levels of output. External demand will play a key role as the outlook for key European trading partners improves. Wood Mackenzie forecasts annual GDP growth to average 2.3% over the longer term.

What's included?

This report includes 4 file(s)

  • Luxembourg economics outlook Q1 2014 PDF - 389.95 KB 2 Pages, 1 Tables, 0 Figures
  • GDP Forecast Feb 2014.xls XLS - 2.03 MB
  • IP Forecast Feb 2014.xls XLS - 1.37 MB
  • Latest Population Forecast.xls XLS - 2.92 MB


This Economic Outlook presents our macroeconomic outlook to 2035 at the country level.

Specifically we assess the structure of the economy and present the GDP and industrial production outlook.

The long-term outlook is underpinned by a set of GDP models which take account of long-term structural drivers of GDP including demographics, investment and productivity growth.

Finally, we highlight the key risks facing our outlook, both upside and downside.

Wood Mackenzie's macroeconomic forecasts underpin all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

  • Executive summary
  • Economic outlook

In this report there is 1 table or chart, including:

  • Executive summary
    • Economic indicators
  • Economic outlook
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