Unemployment Rate: Luxembourg
Luxembourg's unemployment rate is currently 6.2% as of 2026. # Luxembourg Unemployment Rate Luxembourg's unemployment rate stands at 6.
Current (2026)
6.2%
+1.6% y/y
Peak (2014)
7.1%
Low (1980)
0.7%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Unemployment Rate — Luxembourg
1980 — 2026
Unemployment Rate — Luxembourg
Analysis# Luxembourg Unemployment Rate
Luxembourg's unemployment rate stands at 6.2% in 2026, reflecting a labor market that has grown considerably more volatile since 1980. The current figure represents an 785.7% increase from the historic low of 0.7% recorded in 1980, though it remains below the all-time peak of 7.1% reached in 2014. Over the past five decades, Luxembourg has transitioned from near-full employment to a more typical European joblessness level.
The 2014 peak marked a significant inflection point following the global financial crisis, after which the unemployment rate gradually declined through 2022, reaching 4.8%. Recent years have reversed this improvement, with unemployment climbing steadily from 4.8% in 2022 to 6.2% by 2026. The upward trajectory suggests continued labor market pressure, potentially driven by broader economic headwinds affecting the Grand Duchy's export-dependent economy.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 5.7% | -1.72% |
| 2029 | 5.8% | -1.69% |
| 2028 | 5.9% | -3.28% |
| 2027 | 6.1% | -1.61% |
| 2026 | 6.2% | +1.64% |
| 2025 | 6.1% | +5.17% |
| 2024 | 5.8% | +11.54% |
| 2023 | 5.2% | +8.33% |
| 2022 | 4.8% | -15.79% |
| 2021 | 5.7% | -10.94% |
| 2020 | 6.4% | +18.52% |
| 2019 | 5.4% | +5.88% |
| 2018 | 5.1% | -12.07% |
| 2017 | 5.8% | -7.94% |
| 2016 | 6.3% | -4.55% |
| 2015 | 6.6% | -7.04% |
| 2014 | 7.1% | +4.41% |
| 2013 | 6.8% | +11.48% |
| 2012 | 6.1% | +7.02% |
| 2011 | 5.7% | -1.72% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 5.8% | +5.45% |
| 2009 | 5.5% | +34.15% |
| 2008 | 4.1% | -2.38% |
| 2007 | 4.2% | +0.00% |
| 2006 | 4.2% | +2.44% |
| 2005 | 4.1% | +10.81% |
| 2004 | 3.7% | +12.12% |
| 2003 | 3.3% | +32.00% |
| 2002 | 2.5% | +13.64% |
| 2001 | 2.2% | -8.33% |
| 2000 | 2.4% | -17.24% |
| 1999 | 2.9% | -6.45% |
| 1998 | 3.1% | -6.06% |
| 1997 | 3.3% | +3.12% |
| 1996 | 3.2% | +6.67% |
| 1995 | 3.0% | +11.11% |
| 1994 | 2.7% | +28.57% |
| 1993 | 2.1% | +31.25% |
| 1992 | 1.6% | +14.29% |
| 1991 | 1.4% | +7.69% |
| 1990 | 1.3% | -7.14% |
| 1989 | 1.4% | -6.67% |
| 1988 | 1.5% | -11.76% |
| 1987 | 1.7% | +13.33% |
| 1986 | 1.5% | -11.76% |
| 1985 | 1.7% | +0.00% |
| 1984 | 1.7% | +6.25% |
| 1983 | 1.6% | +23.08% |
| 1982 | 1.3% | +30.00% |
| 1981 | 1.0% | +42.86% |
| 1980 | 0.7% | — |
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