GERD by sector of performance and fields of R&D in Luxembourg
Luxembourg: GERD by sector of performance and fields of R&D was 893.22 Million euro in 2024. ▲ Rising
Latest (2024)
893.22 Million euro
Change on year
up 3.0%
World rank
38th
of 52 countries
All-time high
893.22 Million euro
in 2024
All-time low
363.9 Million euro
in 2000
Years of data
23
2000–2024
GERD by sector of performance and fields of R&D in Luxembourg, 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, gerd by sector of performance and fields of r&d in Luxembourg stood at 893.22 Million euro. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 41.7% over ten years.
Over the whole period, gerd by sector of performance and fields of r&d in Luxembourg peaked at 893.22 Million euro in 2024 and was at its lowest, 363.9 Million euro, in 2000.
That places Luxembourg 38th out of 52 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
GERD by sector of performance and fields of R&D in Luxembourg, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 363.9 Million euro | — |
| 2003 | 425.8 Million euro | +17.0% |
| 2004 | 447.7 Million euro | +5.1% |
| 2005 | 472 Million euro | +5.4% |
| 2006 | 563.5 Million euro | +19.4% |
| 2007 | 591.6 Million euro | +5.0% |
| 2008 | 618.8 Million euro | +4.6% |
| 2009 | 620.28 Million euro | +0.2% |
| 2010 | 603.7 Million euro | -2.7% |
| 2011 | 631.4 Million euro | +4.6% |
| 2012 | 561.4 Million euro | -11.1% |
| 2013 | 605.73 Million euro | +7.9% |
| 2014 | 630.3 Million euro | +4.1% |
| 2015 | 678 Million euro | +7.6% |
| 2016 | 712.1 Million euro | +5.0% |
| 2017 | 720.7 Million euro | +1.2% |
| 2018 | 704.5 Million euro | -2.2% |
| 2019 | 737.8 Million euro | +4.7% |
| 2020 | 707.08 Million euro | -4.2% |
| 2021 | 753.42 Million euro | +6.6% |
| 2022 | 817.42 Million euro | +8.5% |
| 2023 | 866.98 Million euro | +6.1% |
| 2024 | 893.22 Million euro | +3.0% |
Luxembourg compared with similar countries
- Luxembourg's 893.22 Million euro is below the median for Europe & Central Asia, which is 5,020 Million euro, 18% of the median. (35 countries reporting)
- Luxembourg's 893.22 Million euro is below the median for high income countries, which is 8,893 Million euro, 10% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 512.95 Million euro | 363.9 Million euro | 620.28 Million euro | 8 |
| 2010s | 658.56 Million euro | 561.4 Million euro | 737.8 Million euro | 10 |
| 2020s | 807.62 Million euro | 707.08 Million euro | 893.22 Million euro | 5 |
Countries ranked near Luxembourg
More science & technology data for Luxembourg
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2023)
- Mobile landline subscriptions, gaps filled 144.47 (2023)
- Mobile cellular subscriptions by country, per capita 1.44 units per person (2023)
- Mobile cellular subscriptions by country, per unit of GDP 0 units per US$ of GDP (2023)
- Mobile cellular subscriptions by country, gaps filled 960,900 (2023)
- Mobile cellular subscriptions by country, per square kilometre 373.24 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 3.45 % change on previous year (2023)
- Mobile cellular subscriptions by country, annual growth rate 5.32 % change on previous year (2023)
- Patent applications, nonresidents 3,714 (2024)
- Scientific and technical journal articles 1,176 (2023)
Frequently asked questions
- What is gerd by sector of performance and fields of r&d in Luxembourg?
- Gerd by sector of performance and fields of r&d in Luxembourg was 893.22 Million euro in 2024, according to Eurostat.
- What is the highest gerd by sector of performance and fields of r&d recorded in Luxembourg?
- The highest recorded value was 893.22 Million euro in 2024.
- What is the lowest gerd by sector of performance and fields of r&d recorded in Luxembourg?
- The lowest recorded value was 363.9 Million euro in 2000.
- How does Luxembourg rank for gerd by sector of performance and fields of r&d?
- Luxembourg ranks 38th out of 52 countries with data for 2024.
- Is gerd by sector of performance and fields of r&d rising or falling in Luxembourg?
- Over the last ten years it is up 41.7%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Eurostat, published as part of GERD by sector of performance and fields of R&D. Statizoid updates them automatically from the source API.
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