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Prosperity gap in Luxembourg

Luxembourg: Prosperity gap was 0.4 average shortfall from a prosperity standard of $28/day in 2023. ▼ Falling

Latest (2023)
0.4 average shortfall from a prosperity standard of $28/day
Change on year
unchanged
World rank
121st
of 121 countries
All-time high
0.7 average shortfall from a prosperity standard of $28/day
in 1985
All-time low
0.4 average shortfall from a prosperity standard of $28/day
in 2006
Years of data
39
1985–2023

Prosperity gap in Luxembourg, 1985–2023

00.20.40.61985200420231985: 0.7 average shortfall from a prosperity standard of $28/day1986: 0.7 average shortfall from a prosperity standard of $28/day1987: 0.6 average shortfall from a prosperity standard of $28/day1988: 0.6 average shortfall from a prosperity standard of $28/day1989: 0.5 average shortfall from a prosperity standard of $28/day1990: 0.5 average shortfall from a prosperity standard of $28/day1991: 0.5 average shortfall from a prosperity standard of $28/day1992: 0.5 average shortfall from a prosperity standard of $28/day1993: 0.5 average shortfall from a prosperity standard of $28/day1994: 0.5 average shortfall from a prosperity standard of $28/day1995: 0.5 average shortfall from a prosperity standard of $28/day1996: 0.5 average shortfall from a prosperity standard of $28/day1997: 0.5 average shortfall from a prosperity standard of $28/day1998: 0.5 average shortfall from a prosperity standard of $28/day1999: 0.5 average shortfall from a prosperity standard of $28/day2000: 0.5 average shortfall from a prosperity standard of $28/day2001: 0.5 average shortfall from a prosperity standard of $28/day2002: 0.5 average shortfall from a prosperity standard of $28/day2003: 0.5 average shortfall from a prosperity standard of $28/day2004: 0.5 average shortfall from a prosperity standard of $28/day2005: 0.5 average shortfall from a prosperity standard of $28/day2006: 0.4 average shortfall from a prosperity standard of $28/day2007: 0.4 average shortfall from a prosperity standard of $28/day2008: 0.5 average shortfall from a prosperity standard of $28/day2009: 0.5 average shortfall from a prosperity standard of $28/day2010: 0.5 average shortfall from a prosperity standard of $28/day2011: 0.5 average shortfall from a prosperity standard of $28/day2012: 0.5 average shortfall from a prosperity standard of $28/day2013: 0.5 average shortfall from a prosperity standard of $28/day2014: 0.6 average shortfall from a prosperity standard of $28/day2015: 0.7 average shortfall from a prosperity standard of $28/day2016: 0.5 average shortfall from a prosperity standard of $28/day2017: 0.7 average shortfall from a prosperity standard of $28/day2018: 0.6 average shortfall from a prosperity standard of $28/day2019: 0.5 average shortfall from a prosperity standard of $28/day2020: 0.4 average shortfall from a prosperity standard of $28/day2021: 0.4 average shortfall from a prosperity standard of $28/day2022: 0.4 average shortfall from a prosperity standard of $28/day2023: 0.4 average shortfall from a prosperity standard of $28/day

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 121st out of 121 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 118 Belgium 0.5 average shortfall from a prosperity standard of $28/day compare
  2. 118 Netherlands 0.5 average shortfall from a prosperity standard of $28/day compare
  3. 118 Switzerland 0.5 average shortfall from a prosperity standard of $28/day compare

See the full ranking of 136 places →

More poverty & inequality data for Luxembourg

All data for Luxembourg →

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 121st out of 121 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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CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Prosperity gap (average shortfall from a prosperity standard of $28/day)
Unit
average shortfall from a prosperity standard of $28/day
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
136 places, 2,849 data points, 1963–2025
Last refreshed

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.