Luxembourg - Price of Electricity
Since 2015, Luxembourg Price of Electricity was down by 4.8% year on year. In 2020, the country was number 120 comparing other countries in Price of Electricity at 12.1 US Cents per Kilowatthour. Luxembourg is overtaken by Iceland, which was number 119 at 12.2 US Cents per Kilowatthour and is followed by Malaysia with 12 US Cents per Kilowatthour. Venezuela topped the ranking with 123.8 US Cents per Kilowatthour in 2020, that is -81.1% versus 2019. Solomon Islands, Antigua and Barbuda and Federated States of Micronesia respectively ranked number 2, 3 and 4 in this ranking. Slovenia recorded the best 5 years average growth at +14.9% per year, while Venezuela recorded the worst performance at -33.5% per year.
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| Date | US Cents per Kilowatthour |
|---|---|
| 2020 | 12.10 |
| 2019 | 10.60 |
| 2018 | 11.30 |
| 2017 | 12.70 |
| 2016 | 14.30 |
How does Luxembourg rank in Price of Electricity?
| # | 183 Countries | US Cents per Kilowatthour | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Venezuela
|
123.80 | 2020 | -81.1 % | -33.5 % | View data | |
| 2 |
#2
Solomon Islands
|
71.60 | 2020 | +6.2 % | -6.2 % | View data | |
| 119 |
#119
Iceland
|
12.20 | 2020 | +22.0 % | +6.5 % | View data | |
| 120 |
#120
Luxembourg
|
12.10 | 2020 | +14.2 % | -4.8 % | View data | |
| 121 |
#121
Malaysia
|
12.00 | 2020 | +3.5 % | -6.5 % | View data | |