Human capital in Luxembourg
Luxembourg: Human capital was 407.84 billion real chained 2019 US$ in 2020. ▲ Rising
Human capital in Luxembourg, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
Luxembourg recorded 407.84 billion real chained 2019 US$ for human capital in 2020. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 4.7% on the previous year and up 52.8% over ten years.
Over the whole period, human capital in Luxembourg peaked at 407.84 billion real chained 2019 US$ in 2020 and was at its lowest, 173.68 billion real chained 2019 US$, in 1995.
That places Luxembourg 67th out of 151 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Human capital in Luxembourg, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 173.68 billion real chained 2019 US$ | — |
| 1996 | 175.37 billion real chained 2019 US$ | +1.0% |
| 1997 | 179.27 billion real chained 2019 US$ | +2.2% |
| 1998 | 182.18 billion real chained 2019 US$ | +1.6% |
| 1999 | 187.85 billion real chained 2019 US$ | +3.1% |
| 2000 | 195.66 billion real chained 2019 US$ | +4.2% |
| 2001 | 201.65 billion real chained 2019 US$ | +3.1% |
| 2002 | 207.48 billion real chained 2019 US$ | +2.9% |
| 2003 | 206.97 billion real chained 2019 US$ | -0.2% |
| 2004 | 211.63 billion real chained 2019 US$ | +2.3% |
| 2005 | 220.02 billion real chained 2019 US$ | +4.0% |
| 2006 | 226.62 billion real chained 2019 US$ | +3.0% |
| 2007 | 234.90 billion real chained 2019 US$ | +3.7% |
| 2008 | 240.67 billion real chained 2019 US$ | +2.5% |
| 2009 | 258.48 billion real chained 2019 US$ | +7.4% |
| 2010 | 266.95 billion real chained 2019 US$ | +3.3% |
| 2011 | 275.31 billion real chained 2019 US$ | +3.1% |
| 2012 | 290.85 billion real chained 2019 US$ | +5.6% |
| 2013 | 303.36 billion real chained 2019 US$ | +4.3% |
| 2014 | 318.92 billion real chained 2019 US$ | +5.1% |
| 2015 | 327.99 billion real chained 2019 US$ | +2.8% |
| 2016 | 337.09 billion real chained 2019 US$ | +2.8% |
| 2017 | 354.22 billion real chained 2019 US$ | +5.1% |
| 2018 | 371.73 billion real chained 2019 US$ | +4.9% |
| 2019 | 389.66 billion real chained 2019 US$ | +4.8% |
| 2020 | 407.84 billion real chained 2019 US$ | +4.7% |
Luxembourg compared with similar countries
- Luxembourg's 407.84 billion real chained 2019 US$ is below the median for high income countries, which is 1.56 trillion real chained 2019 US$, 26% of the median. (51 countries reporting)
- Luxembourg's 407.84 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 652.62 billion real chained 2019 US$, 62% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 179.67 billion real chained 2019 US$ | 173.68 billion real chained 2019 US$ | 187.85 billion real chained 2019 US$ | 5 |
| 2000s | 220.41 billion real chained 2019 US$ | 195.66 billion real chained 2019 US$ | 258.48 billion real chained 2019 US$ | 10 |
| 2010s | 323.61 billion real chained 2019 US$ | 266.95 billion real chained 2019 US$ | 389.66 billion real chained 2019 US$ | 10 |
| 2020s | 407.84 billion real chained 2019 US$ | 407.84 billion real chained 2019 US$ | 407.84 billion real chained 2019 US$ | 1 |
Countries ranked near Luxembourg
- 64 Angola 430.29 billion real chained 2019 US$ compare
- 65 Cote d'Ivoire 425.35 billion real chained 2019 US$ compare
- 66 Uruguay 408.14 billion real chained 2019 US$ compare
- 68 Kuwait 400.94 billion real chained 2019 US$ compare
- 69 Slovenia 388.06 billion real chained 2019 US$ compare
- 70 Oman 356.55 billion real chained 2019 US$ compare
More reference data data for Luxembourg
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.041 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0209 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1381 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0065 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1381 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1376 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.099 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1147 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.6709 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0353 (2050)
Frequently asked questions
- What is human capital in Luxembourg?
- Human capital in Luxembourg was 407.84 billion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest human capital recorded in Luxembourg?
- The highest recorded value was 407.84 billion real chained 2019 US$ in 2020.
- What is the lowest human capital recorded in Luxembourg?
- The lowest recorded value was 173.68 billion real chained 2019 US$ in 1995.
- How does Luxembourg rank for human capital?
- Luxembourg ranks 67th out of 151 countries with data for 2020.
- Is human capital rising or falling in Luxembourg?
- Over the last ten years it is up 52.8%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Human capital (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.