Luxembourg Forecast: Unemployment Rate

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about Luxembourg Unemployment Rate Forecast

  • Luxembourg Unemployment Rate is forecasted to be 5.421 % in Dec 2024 as reported by International Monetary Fund
  • It records no change from the last reported number of 5.078 % in Dec 2023
  • Looking ahead, Luxembourg Unemployment Rate is projected to stand at 5.606 % in Dec 2028
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View Luxembourg's Forecast: Unemployment Rate from 1980 to 2028 in the chart:

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Luxembourg Forecast: Unemployment Rate
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Luxembourg Forecast: Unemployment Rate

What is Luxembourg's Forecast: Unemployment Rate in 2028?

Luxembourg Unemployment Rate is forecasted to be 5.421 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
5.606 2028 5.606 2027 0.723 1980 7.092 2014 % yearly 1980 - 2028

Forecast: Unemployment Rate by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 8.800 2030 yearly 1980 - 2030
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 2.000 2030 yearly 2010 - 2030
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 6.000 2030 yearly 1980 - 2030
Armenia (%) 14.000 2030 yearly 2001 - 2030
Aruba (%) 4.823 2030 yearly 1986 - 2030
Australia (%) 4.452 2030 yearly 1980 - 2030
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 5.041 2030 yearly 2000 - 2030
Bahamas (%) 9.029 2030 yearly 1986 - 2030
Bahrain (%) 5.900 2024 yearly 2007 - 2024
Bangladesh (%) 0.000 yearly -
Barbados (%) 7.675 2030 yearly 1981 - 2030
Belarus (%) 2.889 2030 yearly 1993 - 2030
Belgium (%) 5.800 2030 yearly 1980 - 2030
Belize (%) 2.600 2030 yearly 1990 - 2030
Benin (%) 0.000 yearly -
Bhutan (%) 3.500 2023 yearly 2003 - 2023
Bolivia (%) 5.100 2026 yearly 2000 - 2026
Bosnia and Herzegovina (%) 13.200 2030 yearly 1995 - 2030
Botswana (%) 0.000 yearly -
Brazil (%) 7.400 2030 yearly 1991 - 2030
Brunei (%) 4.900 2030 yearly 2011 - 2030
Bulgaria (%) 4.000 2030 yearly 1989 - 2030
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 6.007 2030 yearly 1980 - 2030
Cape Verde (%) 8.500 2030 yearly 1980 - 2030
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.500 2030 yearly 1980 - 2030
China (%) 5.100 2030 yearly 2017 - 2030
Colombia (%) 9.400 2030 yearly 1980 - 2030
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 8.500 2030 yearly 1980 - 2030
Croatia (%) 5.244 2030 yearly 1991 - 2030
Cyprus (%) 4.962 2030 yearly 1982 - 2030
Czech Republic (%) 2.300 2028 yearly 1995 - 2028
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2028 yearly 1980 - 2028
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 5.000 2030 yearly 1991 - 2030
Ecuador (%) 3.500 2030 yearly 1988 - 2030
Egypt (%) 7.707 2030 yearly 1990 - 2030
El Salvador (%) 5.216 2030 yearly 1988 - 2030
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 6.539 2030 yearly 1993 - 2030
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2030 yearly 1986 - 2030
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 13.900 2030 yearly 1996 - 2030
Germany (%) 2.963 2028 yearly 1980 - 2028
Ghana (%) 0.000 yearly -
Greece (%) 9.000 2028 yearly 1980 - 2028
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 8.000 2030 yearly 1980 - 2030
Hong Kong SAR, China (%) 2.910 2030 yearly 1980 - 2030
Hungary (%) 3.800 2030 yearly 1980 - 2030
Iceland (%) 4.000 2030 yearly 1980 - 2030
India (%) 0.000 yearly -
Indonesia (%) 5.000 2030 yearly 1984 - 2030
Iran (%) 9.000 2030 yearly 1990 - 2030
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 3.933 2030 yearly 1980 - 2030
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 4.175 2024 yearly 1980 - 2024
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 21.975 2023 yearly 1984 - 2023
Kazakhstan (%) 4.407 2030 yearly 1994 - 2030
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 2.800 2030 yearly 1980 - 2030
Kosovo (%) 10.875 2023 yearly 2012 - 2023
Kuwait (%) 2.200 2028 yearly 2002 - 2028
Kyrgyzstan (%) 3.983 2030 yearly 1994 - 2030
Laos (%) 0.000 yearly -
Latvia (%) 6.394 2030 yearly 1992 - 2030
Lebanon (%) 11.543 2023 yearly 1991 - 2023
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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Luxembourg Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.9 2024 yearly 1995 - 2024
Tax Revenue (USD mn) 28,386.308 2024 yearly 1995 - 2024
Tax Revenue: % of GDP (%) 30.5 2024 yearly 1995 - 2024
National Government Debt (USD mn) 25,740.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Government Debt: % of GDP (%) 25.1 Jun 2025 quarterly Dec 1997 - Jun 2025
Forecast: Government Expenditure (EUR bn) 55.278 2030 yearly 1995 - 2030
Forecast: Government Net Debt (EUR bn) 33.450 2030 yearly 1995 - 2030
Forecast: Government Revenue (EUR bn) 52.750 2030 yearly 1995 - 2030
General Government Debt: Consolidated (EUR mn) 21,842.266 Sep 2024 quarterly Dec 1995 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.000 2030 yearly 1987 - 2030
Trade Balance (USD mn) -791.4 Sep 2025 monthly Jan 1988 - Sep 2025
Total Exports (USD mn) 1,496.2 Sep 2025 monthly Jan 1988 - Sep 2025
Total Exports Growth (%) 6.5 Sep 2025 monthly Jan 1989 - Sep 2025
Aluminum: Exports (USD th) 388,438.265 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 148,279.883 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 18,994.624 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,287.7 Sep 2025 monthly Jan 1988 - Sep 2025
Total Imports Growth (%) -1.3 Sep 2025 monthly Jan 1989 - Sep 2025
Imports: Medicament (USD th) 664,574.381 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 180,463.850 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 39.721 Sep 2025 monthly Jan 1988 - Sep 2025
Total Imports from USA (USD mn) 50.473 Sep 2025 monthly Jan 1988 - Sep 2025
Total Exports to China (USD mn) 21.477 Aug 2025 monthly Jan 1997 - Aug 2025
Total Imports from China (USD mn) 165.865 2024 yearly 1993 - 2024
Exports (EUR mn) 1,072.078 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: sa (EUR mn) 1,982.531 Dec 2024 monthly Jan 1988 - Dec 2024
Trade Balance: sa (EUR mn) -750.274 Dec 2024 monthly Jan 1988 - Dec 2024
Imports (EUR mn) 1,954.812 Dec 2024 monthly Jan 1988 - Dec 2024
Total Exports: MoM: sa (%) 1.886 Dec 2024 monthly Feb 1988 - Dec 2024
Total Imports: MoM: sa (%) 1.432 Dec 2024 monthly Feb 1988 - Dec 2024
Total Imports: YoY (%) 1.639 Dec 2024 monthly Jan 1989 - Dec 2024
Exports: sa (EUR mn) 1,232.256 Dec 2024 monthly Jan 1988 - Dec 2024
Total Exports: YoY (%) 3.495 Dec 2024 monthly Jan 1989 - Dec 2024
Exports: Base Metal Products (EUR mn) 170.895 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Machinery and Equipment (EUR mn) 219.365 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Other Manufactured Goods (EUR mn) 157.660 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Chemicals and Related Products (EUR mn) 127.631 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Transport Equipment (EUR mn) 137.258 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: America: ow United States of America (EUR mn) 30.328 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Asia: ow Japan (EUR mn) 5.304 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 167.108 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 262.672 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 152.750 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: European Union (EUR mn) 853.980 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Food Products and Live Animals (EUR mn) 193.984 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Transport Equipment (EUR mn) 393.483 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Chemicals and Related Products (EUR mn) 238.273 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Mineral Fuels and Lubricants (EUR mn) 238.884 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Machinery and Equipment (EUR mn) 264.391 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: European Union: ow European Monetary Union: ow France (EUR mn) 239.303 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: America: ow United States of America (EUR mn) 85.389 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: European Union (EUR mn) 1,753.931 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 616.483 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Asia: ow Japan (EUR mn) 15.004 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: European Union: ow European Monetary Union: ow Germany (EUR mn) 527.403 Dec 2024 monthly Jan 1988 - Dec 2024
Export Value Index (2015=100) 96.991 2021 yearly 1995 - 2021
Import Value Index (2015=100) 110.828 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -69,045.5 Jun 2025 quarterly Mar 2002 - Jun 2025
Current Account Balance (USD mn) 823.0 Jun 2025 quarterly Mar 1995 - Jun 2025
Current Account Balance: % of GDP (%) 3.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Foreign Direct Investment (USD mn) -21,653.4 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Direct Investment: % of GDP (%) -86.7 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Portfolio Investment (USD mn) 52,503.734 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 212.1 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 41,942.9 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 10,528.073 Jun 2025 quarterly Mar 2002 - Jun 2025
External Debt (USD mn) 4,055,595.4 Jun 2025 quarterly Dec 2002 - Jun 2025
External Debt: % of GDP (%) 4,148.6 2024 yearly 2002 - 2024
External Debt: Short Term (USD mn) 1,151,843.2 Jun 2025 quarterly Dec 2002 - Jun 2025
External Debt: Short Term: % of GDP (%) 1,131.4 2024 yearly 2002 - 2024
Total Debt: % of GDP (%) 6,979.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Forecast: Current Account Balance (USD bn) 9.232 2030 yearly 1995 - 2030
Net International Investment Position (USD mn) 38,395.187 Jun 2025 quarterly Dec 2002 - Jun 2025
BoP: FA: PI: DS: Liabilities (EUR mn) 8,816.544 Sep 2024 quarterly Mar 2002 - Sep 2024
BoP: FA: Portfolio Investment (PI) (EUR mn) 13,000.226 Sep 2024 quarterly Mar 2002 - Sep 2024
IIP: Liabilities (EUR mn) 12,331,886.806 Sep 2024 quarterly Dec 2002 - Sep 2024
International Investment Position (IIP): Net (EUR mn) 30,864.333 Sep 2024 quarterly Dec 2002 - Sep 2024
IIP: Assets (EUR mn) 12,362,751.139 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government: Long Term (EUR mn) 11,545.953 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government: Short Term (EUR mn) 0.000 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government (EUR mn) 11,545.953 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt (EUR mn) 3,525,961.513 Sep 2024 quarterly Dec 2002 - Sep 2024
Number of Bankruptcies: NACE 2 (Unit) 1,189.000 2024 yearly 2000 - 2024
Number of Enterprises: NACE 2: New (Unit) 4,747.000 2022 yearly 2003 - 2022
Number of Enterprises: NACE 2: Active (Unit) 45,021.000 2022 yearly 2003 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Household Debt: % of GDP (%) 62.4 Jun 2025 quarterly Dec 1995 - Jun 2025
Money Supply M1 (USD mn) 373,928.401 Oct 2025 monthly Jan 1999 - Oct 2025
Money Supply M2 (USD mn) 479,874.781 Oct 2025 monthly Jan 1999 - Oct 2025
M2 Growth (%) 6.5 Oct 2025 monthly Jan 2000 - Oct 2025
Reserve Requirement Ratio (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
Foreign Exchange Reserves (USD mn) 47.7 Nov 2025 monthly Jan 1999 - Nov 2025
Foreign Exchange Reserves: % of GDP (%) 0.052 Sep 2025 quarterly Mar 1999 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 0.0 Sep 2025 monthly Jan 1999 - Sep 2025
Gold Reserves (USD mn) 303.467 Nov 2025 monthly Jan 1999 - Nov 2025
Total Deposits (USD mn) 948,833.428 Sep 2025 quarterly Mar 2003 - Sep 2025
Total Deposits Growth (%) 3.9 Sep 2025 quarterly Mar 2004 - Sep 2025
Domestic Credit (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Domestic Credit Growth (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Credit to Households (USD bn) 63.760 Jun 2025 quarterly Mar 1995 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 449.916 Jun 2025 quarterly Mar 1995 - Jun 2025
Household Debt (USD mn) 64,052.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Total Loans (USD mn) 854,013.228 Oct 2025 monthly Jan 2001 - Oct 2025
Total Loans Growth (%) 7.86 Oct 2025 monthly Jan 2002 - Oct 2025
Private Debt: % of Nominal GDP (%) 81.15 Sep 2025 quarterly Mar 1999 - Sep 2025
Money Supply: M3: M2 (EUR bn) 415.800 Oct 2025 monthly Jan 1999 - Oct 2025
Money Supply: M3: M2: M1 (EUR bn) 324.000 Oct 2025 monthly Jan 1999 - Oct 2025
Money Supply: M3 (EUR bn) 531.000 Oct 2025 monthly Jan 1999 - Oct 2025
Official Reserve Assets (EUR mn) 2,614.994 Nov 2025 monthly Jan 1999 - Nov 2025
Official Reserve Assets: Foreign Exchange (EUR mn) 41.119 Nov 2025 monthly Jan 1999 - Nov 2025
Money Supply: M3: M2: M1: Currency in Circulation (EUR bn) 3.600 Mar 2019 monthly Jan 1999 - Mar 2019
Bank Deposits: Domestic (EUR mn) 341,353.000 Oct 2025 monthly Jan 2003 - Oct 2025
Bank Loans: Domestic: Credit Institutions (EUR mn) 139,133.000 Oct 2025 monthly Jan 1999 - Oct 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -9.8 Nov 2025 monthly Jan 1986 - Nov 2025

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