Population, Total for Luxembourg
POPTOTLUA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
677,717.00
Year-over-Year Change
27.64%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Luxembourg' trend measures the overall population size of Luxembourg. This metric is critical for policymakers and economists to understand demographic trends and allocate resources effectively.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the total population of Luxembourg, including citizens and non-citizens. It is a key indicator used to analyze population growth, urbanization, and other socioeconomic factors that impact the country's economic development.
Methodology
The data is collected and reported annually by the World Bank.
Historical Context
Policymakers and businesses rely on this data to inform decisions around infrastructure, public services, and market strategies.
Key Facts
- Luxembourg has a population of over 630,000 as of the latest data.
- Population growth in Luxembourg has averaged 2% annually over the past decade.
- Luxembourg has one of the highest GDP per capita in the world.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for Luxembourg' trend measures the overall population size of the country, including citizens and non-citizens.
Q: Why is this trend relevant for users or analysts?
A: This metric is critical for policymakers and economists to understand demographic trends and allocate resources effectively in Luxembourg.
Q: How is this data collected or calculated?
A: The data is collected and reported annually by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and businesses rely on this data to inform decisions around infrastructure, public services, and market strategies in Luxembourg.
Q: Are there update delays or limitations?
A: The data is reported annually, so there may be a 1-year delay in the most recent figures.
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Citation
U.S. Federal Reserve, Population, Total for Luxembourg (POPTOTLUA647NWDB), retrieved from FRED.