Key Market Indicators
Luxembourg's manufacturing output is expected to reach nearly €22 billion by 2026. It was at €18.8 billion in 2021, growing at an average rate of 2.1% year-on-year. Since 2000, Luxembourg's manufacturing output has increased at a rate of 2.7% year-on-year. In 2021, Luxembourg was ranked 27th in the world in terms of manufacturing output. Croatia came ahead at €18.8 billion. Italy, France, and the United Kingdom were ranked 2nd, 3rd, and 4th respectively.
