Luxembourg 2019

Yearbook 2019

Luxembourg. The Liberal Democratic Party (DP) became by far the largest party in the European Parliament elections on 26 May. The Christian Social Party (CSV), like the DP, ended up at just over 21%, giving the parties two mandates each. The Greens ended up at 19% (1 mandate) and the Social Democratic Socialist Workers Party (LSAP) at 12% of the vote (1 mandate). The turnout was second highest in the EU, 84%, after Belgium’s 88%.

The Luxembourg Ministry of Health has submitted a proposal to legalize cannabis. If this goes through, you will be the first country in Europe to completely legalize the drug. Within two years it is hoped to get through the bill. Cannabis is currently legal in eleven US states, in Canada and Uruguay.

  • ABBREVIATIONFINDER.ORG: Click to see the meanings of 3-letter acronym and abbreviation of LUX in general and in geography as Luxembourg in particular.

Economy

Inflation rate 2.10%
Unemployment rate 5.8%
Gross domestic product (GDP) $ 62,110,000,000
GDP growth rate 2.30%
GDP per capita $ 105,100
GDP by sector
Agriculture 0.30%
Industry 12.80%
Service 86.90%
State budget
Revenue 18.68 billion
Expenditure 18.65 billion
Proportion of the population below the national poverty line
Distribution of household income
Top 10% 23.8
Lower 10% 3.5
Industrial production growth rate 1.70%
Investment volume 17.4% of GDP
National debt 23.00% of GDP
Foreign exchange reserves 1,000,000,000 USD
Tourism 2014
Visitors 1,038,000
Revenue $ 5,488,000,000

On April 23, Grand Duke Jean, who abdicated after 35 years on the throne in 2000, passed away and was succeeded by Grand Duke Henri. He turned 98 years old.

Population 2019

According to CountryAAH, the population of Luxembourg in 2019 was 615,618, ranking number 169 in the world. The population growth rate was 1.900% yearly, and the population density was 237.7332 people per km2.

Luxembourg Median Age

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