Luxembourg vs Qatar: External balance on goods and services as a percent of GDP

Luxembourg
31.2%
in 2025
Qatar
37.0%
in 2022
Luxembourg rank
5th
Qatar rank
3rd

External balance on goods and services as a percent of GDP over time

  • Luxembourg
  • Qatar
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How they compare

Qatar currently reports 37.0% against 31.2% in Luxembourg, a difference of 5.8%.

That makes Qatar's figure about 1.2 times Luxembourg's.

The two have swapped places 10 times across 43 shared years of data; in 1980 it was Qatar ahead.

Luxembourg ranks 5th and Qatar ranks 3rd of 191 countries.

Across the 5 decades both report, Luxembourg averaged higher in 3 and Qatar in 2.

Head to head by decade

Decade Luxembourg Qatar Difference Ahead
1980s 8.4% 21.5% 13.1% Qatar
1990s 17.0% 13.6% 3.5% Luxembourg
2000s 25.7% 32.8% 7.0% Qatar
2010s 31.8% 28.7% 3.1% Luxembourg
2020s 33.2% 23.3% 9.9% Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services as a percent of gdp, Luxembourg or Qatar?
Qatar, at 37.0% against 31.2% in Luxembourg as of 2022.
What is the difference in external balance on goods and services as a percent of gdp between Luxembourg and Qatar?
5.8%, with Qatar ahead.
How many years of comparable data are there for Luxembourg and Qatar?
43 years are reported by both, from 1980 to 2022.
How do Luxembourg and Qatar rank globally for external balance on goods and services as a percent of gdp?
Luxembourg ranks 5th and Qatar ranks 3rd of 191 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Luxembourg vs Qatar: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/luxembourg/qatar/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.