Palma ratio wb in Luxembourg

Luxembourg: Palma ratio wb was 1.31 in 2023. ▲ Rising

Latest (2023)
1.31
Change on year
down 3.5%
World rank
71st
of 120 countries
All-time high
1.44
in 2018
All-time low
0.9105
in 1985
Years of data
39
1985–2023

Palma ratio wb in Luxembourg, 1985–2023

00.511.51985200420231985: 0.9111986: 11987: 1.11988: 1.11989: 1.21990: 0.9941991: 0.9571992: 0.961993: 0.9511994: 11995: 11996: 11997: 1.11998: 1.11999: 1.12000: 1.12001: 1.22002: 1.22003: 1.12004: 1.12005: 1.12006: 1.22007: 1.22008: 1.32009: 1.22010: 1.12011: 1.22012: 1.42013: 1.22014: 1.22015: 1.32016: 1.22017: 1.42018: 1.42019: 1.42020: 1.32021: 1.32022: 1.42023: 1.3

Source: Our World in Data.

Analysis

Luxembourg recorded 1.31 for palma ratio wb in 2023.

That represents a change of down 3.5% on the previous year and up 8.7% over ten years.

Over the whole period, palma ratio wb in Luxembourg peaked at 1.44 in 2018 and was at its lowest, 0.9105, in 1985.

That places Luxembourg 71st out of 120 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 39 years of available data.

Palma ratio wb in Luxembourg, year by year

Annual values for Palma ratio wb in Luxembourg, 1985 to 2023.
Year Value Change
1985 0.9105 —
1986 1.01 +10.8%
1987 1.1 +9.2%
1988 1.06 -3.7%
1989 1.18 +11.5%
1990 0.9939 -16.1%
1991 0.9567 -3.7%
1992 0.9603 +0.4%
1993 0.9505 -1.0%
1994 1.01 +5.9%
1995 1.01 +0.8%
1996 1.05 +3.3%
1997 1.08 +2.6%
1998 1.14 +5.8%
1999 1.11 -2.9%
2000 1.11 +0.0%
2001 1.16 +4.8%
2002 1.18 +1.7%
2003 1.1 -6.5%
2004 1.11 +0.3%
2005 1.15 +3.8%
2006 1.15 +0.4%
2007 1.18 +2.8%
2008 1.26 +6.4%
2009 1.17 -7.4%
2010 1.13 -3.6%
2011 1.21 +7.9%
2012 1.38 +13.4%
2013 1.2 -12.5%
2014 1.17 -3.2%
2015 1.27 +8.6%
2016 1.18 -6.5%
2017 1.36 +15.2%
2018 1.44 +5.3%
2019 1.36 -5.6%
2020 1.29 -4.9%
2021 1.25 -2.8%
2022 1.36 +8.3%
2023 1.31 -3.5%

Luxembourg compared with similar countries

  • Luxembourg's 1.31 is above the median for high income countries, which is 1.23, 1.1× the median. (42 countries reporting)
  • Luxembourg's 1.31 is above the median for Europe & Central Asia, which is 1.13, 1.2× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.05 0.9105 1.18 5
1990s 1.02 0.9505 1.14 10
2000s 1.16 1.1 1.26 10
2010s 1.27 1.13 1.44 10
2020s 1.3 1.25 1.36 4

Countries ranked near Luxembourg

  1. 68 Niger 1.32 compare
  2. 69 Guinea-Bissau 1.32 compare
  3. 70 Greece 1.31 compare
  4. 72 Thailand 1.31 compare
  5. 73 Spain 1.28 compare
  6. 74 South Korea 1.27 compare

See the full ranking of 120 places →

More reference data data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is palma ratio wb in Luxembourg?
Palma ratio wb in Luxembourg was 1.31 in 2023, according to Our World in Data.
What is the highest palma ratio wb recorded in Luxembourg?
The highest recorded value was 1.44 in 2018.
What is the lowest palma ratio wb recorded in Luxembourg?
The lowest recorded value was 0.9105 in 1985.
How does Luxembourg rank for palma ratio wb?
Luxembourg ranks 71st out of 120 countries with data for 2023.
Is palma ratio wb rising or falling in Luxembourg?
Over the last ten years it is up 8.7%. The long-run trend across the full record is rising.
Where does this Luxembourg data come from?
The figures come from Our World in Data, published as part of Palma ratio wb. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Palma ratio wb in Luxembourg. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/luxembourg/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/palma-ratio-wb/luxembourg/">Palma ratio wb in Luxembourg</a> — Statizoid

About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed