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The following lists events that happened during 1974 in the Grand Duchy of Luxembourg.
| Position | Incumbent |
|---|---|
| Grand Duke | Jean [1] |
| Prime Minister | Pierre Werner (until 15 June) Gaston Thorn (from 15 June) |
| Deputy Prime Minister | Eugène Schaus (until 15 June) Raymond Vouel (from 15 June) |
| President of the Chamber of Deputies | Pierre Grégoire Antoine Wehenkel |
| President of the Council of State | Maurice Sevenig |
| Mayor of Luxembourg City | Colette Flesch |