Luxembourg - Manufacturing Gross Value Added
Since 2015, Luxembourg Manufacturing Gross Value Added remained stable. With €2,412.7 Million in 2020, the country was ranked number 46 comparing other countries in Manufacturing Gross Value Added. Luxembourg is overtaken by Latvia, which was ranked number 45 at €3,114.2 Million and is followed by Bosnia and Herzegovina at €2,334.8 Million. China ranked the highest with €3,357,316.8 Million in 2019, that is an increase of 4.4% compared to 2018. United States, Japan and Germany respectively ranked number 2, 3 and 4 in this ranking. Albania recorded the best 5 years average growth at +10% per year, while Norway witnessed the worst performance at -2.3% per year.
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| Date | Million Euros |
|---|---|
| 2020 | 2,412.70 |
| 2019 | 2,890.20 |
| 2018 | 3,088.80 |
| 2017 | 2,845.20 |
| 2016 | 2,917.00 |
Download all data from 1995 to 2020
How does Luxembourg rank in Manufacturing Gross Value Added?
| # | 55 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
3,357,316.80 | 2019 | +4.4 % | +7.0 % | View data | |
| 2 |
#2
United States
|
2,009,032.70 | 2019 | +2.4 % | +5.5 % | View data | |
| 45 |
#45
Latvia
|
3,114.20 | 2020 | -1.6 % | +3.9 % | View data | |
| 46 |
#46
Luxembourg
|
2,412.70 | 2020 | -16.5 % | +0.0 % | View data | |
| 47 |
#47
Bosnia and Herzegovina
|
2,334.80 | 2019 | +3.2 % | +8.8 % | View data | |