Germany vs Luxembourg: Current account balance as a share of GDP
Germany
5.8%
in 2024
Luxembourg
4.4%
in 2024
Germany rank
33rd
Luxembourg rank
43rd
Current account balance as a share of GDP over time
- Germany
- Luxembourg
How they compare
Germany currently reports 5.8% against 4.4% in Luxembourg, a difference of 1.4%.
That makes Germany's figure about 1.3 times Luxembourg's.
The two have swapped places 9 times across 25 shared years of data; in 2000 it was Luxembourg ahead.
Germany ranks 33rd and Luxembourg ranks 43rd of 193 countries.
Across the 3 decades both report, Germany averaged higher in 2 and Luxembourg in 1.
Head to head by decade
| Decade | Germany | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.5% | 7.3% | 3.8% | Luxembourg |
| 2010s | 7.5% | 6.3% | 1.2% | Germany |
| 2020s | 5.7% | 5.3% | 0.4% | Germany |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance as a share of gdp, Germany or Luxembourg?
- Germany, at 5.8% against 4.4% in Luxembourg as of 2024.
- What is the difference in current account balance as a share of gdp between Germany and Luxembourg?
- 1.4%, with Germany ahead.
- How many years of comparable data are there for Germany and Luxembourg?
- 25 years are reported by both, from 2000 to 2024.
- How do Germany and Luxembourg rank globally for current account balance as a share of gdp?
- Germany ranks 33rd and Luxembourg ranks 43rd of 193 countries.
- Where does this data come from?
- International Monetary Fund – processed by Our World in Data, published as Current account balance as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Current account balance as a proportion of GDP (%).