Vegetable oil vs gdp, annual growth rate in Luxembourg

Luxembourg: Vegetable oil vs gdp, annual growth rate was -22.57 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-22.57 % change on previous year
Change on year
down 491.7%
World rank
179th
of 184 countries
All-time high
11.45 % change on previous year
in 2020
All-time low
-22.57 % change on previous year
in 2023
Years of data
23
2001–2023

Vegetable oil vs gdp, annual growth rate in Luxembourg, 2001–2023

-20-100102001201220232001: 1.5 % change on previous year2002: 2.9 % change on previous year2003: -2.3 % change on previous year2004: -0.242 % change on previous year2005: -7.7 % change on previous year2006: -10.1 % change on previous year2007: 6.8 % change on previous year2008: -0.618 % change on previous year2009: 1.3 % change on previous year2010: -4.6 % change on previous year2011: -3.2 % change on previous year2012: -10.3 % change on previous year2013: 2.6 % change on previous year2014: 0.433 % change on previous year2015: -4.3 % change on previous year2016: 0.45 % change on previous year2017: -1.5 % change on previous year2018: -4.3 % change on previous year2019: -15.3 % change on previous year2020: 11.4 % change on previous year2021: -2.1 % change on previous year2022: 5.8 % change on previous year2023: -22.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for vegetable oil vs gdp, annual growth rate in Luxembourg is -22.57 % change on previous year, measured in 2023. That is the lowest value across all 23 years on record.

That represents a change of down 491.7% on the previous year and down 977.6% over ten years.

Over the whole period, vegetable oil vs gdp, annual growth rate in Luxembourg peaked at 11.45 % change on previous year in 2020 and was at its lowest, -22.57 % change on previous year, in 2023.

Luxembourg ranks 179th of 184 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Vegetable oil vs gdp, annual growth rate in Luxembourg, year by year

Annual values for Vegetable oil vs gdp, annual growth rate in Luxembourg, 2001 to 2023.
Year % change on previous year Change
2001 1.5 % change on previous year
2002 2.93 % change on previous year +96.1%
2003 -2.31 % change on previous year -178.7%
2004 -0.2424 % change on previous year -89.5%
2005 -7.69 % change on previous year +3071.6%
2006 -10.15 % change on previous year +32.0%
2007 6.75 % change on previous year -166.6%
2008 -0.6177 % change on previous year -109.1%
2009 1.26 % change on previous year -304.4%
2010 -4.59 % change on previous year -463.8%
2011 -3.16 % change on previous year -31.2%
2012 -10.34 % change on previous year +227.5%
2013 2.57 % change on previous year -124.9%
2014 0.4334 % change on previous year -83.1%
2015 -4.31 % change on previous year -1093.5%
2016 0.45 % change on previous year -110.5%
2017 -1.52 % change on previous year -438.7%
2018 -4.28 % change on previous year +180.6%
2019 -15.3 % change on previous year +257.8%
2020 11.45 % change on previous year -174.8%
2021 -2.12 % change on previous year -118.5%
2022 5.76 % change on previous year -372.2%
2023 -22.57 % change on previous year -491.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s -0.951 % change on previous year -10.15 % change on previous year 6.75 % change on previous year 9
2010s -4 % change on previous year -15.3 % change on previous year 2.57 % change on previous year 10
2020s -1.87 % change on previous year -22.57 % change on previous year 11.45 % change on previous year 4

Countries ranked near Luxembourg

  1. 176 Turkmenistan -19.04 % change on previous year compare
  2. 177 Zambia -20.54 % change on previous year compare
  3. 178 Bolivia, Plurinational State of -21.61 % change on previous year compare
  4. 180 Iraq -23.79 % change on previous year compare
  5. 181 Haiti -25.73 % change on previous year compare
  6. 182 Syrian Arab Republic -26.27 % change on previous year compare

See the full ranking of 184 places →

More energy & mining data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is vegetable oil vs gdp, annual growth rate in Luxembourg?
Vegetable oil vs gdp, annual growth rate in Luxembourg was -22.57 % change on previous year in 2023, according to Statizoid (derived).
What is the highest vegetable oil vs gdp, annual growth rate recorded in Luxembourg?
The highest recorded value was 11.45 % change on previous year in 2020.
What is the lowest vegetable oil vs gdp, annual growth rate recorded in Luxembourg?
The lowest recorded value was -22.57 % change on previous year in 2023.
How does Luxembourg rank for vegetable oil vs gdp, annual growth rate?
Luxembourg ranks 179th out of 184 countries with data for 2023.
Is vegetable oil vs gdp, annual growth rate rising or falling in Luxembourg?
Over the last ten years it is down 977.6%. The long-run trend across the full record is volatile.
Where does this Luxembourg data come from?
The figures come from Statizoid (derived), published as part of Vegetable oil vs gdp, annual growth rate. Statizoid updates them automatically from the source API.

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Vegetable oil vs gdp, annual growth rate in Luxembourg. Statizoid, drawing on Statizoid (derived). Retrieved 22 August 2026, from https://energy.statizoid.com/stat/vegetable-oil-vs-gdp-annual-growth-rate/luxembourg/

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How this figure is calculated

The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Vegetable oil vs gdp, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 9,978 data points, 1962–2023
Last refreshed

The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.