Industrial production growth fell 247% to -10.7% in Luxembourg in 2020, according to the National Statistical Office.
Historically, industrial production growth in Luxembourg reached an all time high of 22.6% in 1951 and an all time low of -19.6% in 1975. When compared to Luxembourg's main peers, industrial production growth in Belgium amounted to -3.52%, -10.5% in France, -9.39% in Germany and -3.78% in Netherlands in 2020.
Luxembourg has been ranked 42nd within the group of 42 countries we follow in terms of industrial production growth, 13 places below the position seen 10 years ago.
Industrial Production Growth | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
Austria | % | 0.869% | 2.34% | 2.27% | 5.16% | 5.04% | ||||||||||||||||
Belgium | % | 1.36% | -0.662% | 4.47% | 2.65% | 1.36% | ||||||||||||||||
Denmark | % | 0.680% | 0.067% | 4.18% | 2.01% | 2.02% | ||||||||||||||||
France | % | -1.12% | 1.66% | 0.502% | 1.99% | 0.705% | ||||||||||||||||
Germany | % | 1.35% | 1.45% | 1.32% | 2.71% | 0.961% | ||||||||||||||||
Italy | % | -1.08% | 1.76% | 1.33% | 2.71% | 0.961% | ... | |||||||||||||||
Luxembourg | % | 4.45% | 1.23% | -0.320% | 3.76% | -1.09% | ||||||||||||||||
Netherlands | % | -2.72% | -3.44% | 1.37% | 1.09% | 0.650% | ||||||||||||||||
Poland | % | 5.90% | 6.12% | 3.40% | 9.07% | 1.09% | ||||||||||||||||
Spain | % | 1.54% | 3.32% | 1.46% | 2.93% | 0.894% | ||||||||||||||||
United Kingdom | % | 1.48% | 0.334% | 0.959% | 1.08% | 1.03% | ... |