Prosperity gap (average shortfall from a prosperity standard) in Luxembourg
Luxembourg: Prosperity gap (average shortfall from a prosperity standard) was 0.4 average shortfall from a prosperity standard of $28/day in 2023. ▼ Falling
Prosperity gap in Luxembourg, 1985–2023
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
The most recent figure for prosperity gap in Luxembourg is 0.4 average shortfall from a prosperity standard of $28/day, measured in 2023. That is the lowest value across all 39 years on record.
That represents a change of down 20.0% over ten years.
Over the whole period, prosperity gap in Luxembourg peaked at 0.7 average shortfall from a prosperity standard of $28/day in 1985 and was at its lowest, 0.4 average shortfall from a prosperity standard of $28/day, in 2006.
That places Luxembourg 123rd out of 123 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 39 years of available data.
Prosperity gap (average shortfall from a prosperity standard) in Luxembourg, year by year
| Year | average shortfall from a prosperity standard of $28/day | Change |
|---|---|---|
| 1985 | 0.7 average shortfall from a prosperity standard of $28/day | — |
| 1986 | 0.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1987 | 0.6 average shortfall from a prosperity standard of $28/day | -14.3% |
| 1988 | 0.6 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1989 | 0.5 average shortfall from a prosperity standard of $28/day | -16.7% |
| 1990 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1991 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1992 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1993 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1994 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1995 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1996 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1997 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1998 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1999 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2000 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2001 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2002 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2003 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2004 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2005 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2006 | 0.4 average shortfall from a prosperity standard of $28/day | -20.0% |
| 2007 | 0.4 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2008 | 0.5 average shortfall from a prosperity standard of $28/day | +25.0% |
| 2009 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2010 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2011 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2012 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2013 | 0.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2014 | 0.6 average shortfall from a prosperity standard of $28/day | +20.0% |
| 2015 | 0.7 average shortfall from a prosperity standard of $28/day | +16.7% |
| 2016 | 0.5 average shortfall from a prosperity standard of $28/day | -28.6% |
| 2017 | 0.7 average shortfall from a prosperity standard of $28/day | +40.0% |
| 2018 | 0.6 average shortfall from a prosperity standard of $28/day | -14.3% |
| 2019 | 0.5 average shortfall from a prosperity standard of $28/day | -16.7% |
| 2020 | 0.4 average shortfall from a prosperity standard of $28/day | -20.0% |
| 2021 | 0.4 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2022 | 0.4 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2023 | 0.4 average shortfall from a prosperity standard of $28/day | +0.0% |
Luxembourg compared with similar countries
- Luxembourg's 0.4 average shortfall from a prosperity standard of $28/day is below the median for high income countries, which is 1.05 average shortfall from a prosperity standard of $28/day, 38% of the median. (42 countries reporting)
- Luxembourg's 0.4 average shortfall from a prosperity standard of $28/day is below the median for Europe & Central Asia, which is 1.3 average shortfall from a prosperity standard of $28/day, 31% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.62 average shortfall from a prosperity standard of $28/day | 0.5 average shortfall from a prosperity standard of $28/day | 0.7 average shortfall from a prosperity standard of $28/day | 5 |
| 1990s | 0.5 average shortfall from a prosperity standard of $28/day | 0.5 average shortfall from a prosperity standard of $28/day | 0.5 average shortfall from a prosperity standard of $28/day | 10 |
| 2000s | 0.48 average shortfall from a prosperity standard of $28/day | 0.4 average shortfall from a prosperity standard of $28/day | 0.5 average shortfall from a prosperity standard of $28/day | 10 |
| 2010s | 0.56 average shortfall from a prosperity standard of $28/day | 0.5 average shortfall from a prosperity standard of $28/day | 0.7 average shortfall from a prosperity standard of $28/day | 10 |
| 2020s | 0.4 average shortfall from a prosperity standard of $28/day | 0.4 average shortfall from a prosperity standard of $28/day | 0.4 average shortfall from a prosperity standard of $28/day | 4 |
Countries ranked near Luxembourg
- 120 Belgium 0.5 average shortfall from a prosperity standard of $28/day compare
- 120 Netherlands 0.5 average shortfall from a prosperity standard of $28/day compare
- 120 Switzerland 0.5 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Luxembourg
- Number of income/consumption surveys in the past decade available via the World Bank 8 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.4 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 5,540 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate -9.99 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 40.92 (2023)
- Tax revenue as share of GDP vs. income inequality 40.9% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is prosperity gap in Luxembourg?
- Prosperity gap in Luxembourg was 0.4 average shortfall from a prosperity standard of $28/day in 2023, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest prosperity gap recorded in Luxembourg?
- The highest recorded value was 0.7 average shortfall from a prosperity standard of $28/day in 1985.
- What is the lowest prosperity gap recorded in Luxembourg?
- The lowest recorded value was 0.4 average shortfall from a prosperity standard of $28/day in 2006.
- How does Luxembourg rank for prosperity gap?
- Luxembourg ranks 123rd out of 123 countries with data for 2023.
- Is prosperity gap rising or falling in Luxembourg?
- Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
- Where does this Luxembourg data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
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About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.