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Macro - Country Economic Forecasts - Luxembourg

Publisher Oxford Economics
Published Feb 24, 2025
Length 6 Pages
SKU # OFE19846942

Description

We've revised our forecast for Luxembourg in 2025 and now expect the economy to grow by 2.2%, 0.3ppts lower than previously. This reflects the negative economic impact we expect from US tariffs and the repercussions in the Eurozone. We expect growth in business investment to be substantially lower than previously anticipated due to heightened uncertainty and lower export prospects for industry.

Table of Contents

6 Pages
Luxembourg: Macro headwinds will start to bite, but growth still positive
Forecast overview
Recent developments
Short-term growth outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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