Italy vs Luxembourg: External balance on goods and services

Italy
43.60 billion current LCU
in 2025
Luxembourg
27.89 billion current LCU
in 2025
Italy rank
47th
Luxembourg rank
48th

External balance on goods and services over time

  • Italy
  • Luxembourg
-40.0B-20.0B020.0B40.0B60.0B197019972025

How they compare

Italy currently reports 43.60 billion current LCU against 27.89 billion current LCU in Luxembourg, a difference of 15.71 billion current LCU.

That makes Italy's figure about 1.6 times Luxembourg's.

The two have swapped places 15 times across 56 shared years of data; in 1970 it was Luxembourg ahead.

Italy ranks 47th and Luxembourg ranks 48th of 192 countries.

Across the 6 decades both report, Italy averaged higher in 3 and Luxembourg in 3.

Head to head by decade

Decade Italy Luxembourg Difference Ahead
1970s 201.87 million current LCU 378.87 million current LCU 177.00 million current LCU Luxembourg
1980s -762.21 million current LCU 595.33 million current LCU 1.36 billion current LCU Luxembourg
1990s 23.93 billion current LCU 2.65 billion current LCU 21.28 billion current LCU Italy
2000s 1.12 billion current LCU 8.17 billion current LCU 7.06 billion current LCU Luxembourg
2010s 29.73 billion current LCU 16.73 billion current LCU 13.00 billion current LCU Italy
2020s 30.44 billion current LCU 25.46 billion current LCU 4.98 billion current LCU Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Italy or Luxembourg?
Italy, at 43.60 billion current LCU against 27.89 billion current LCU in Luxembourg as of 2025.
What is the difference in external balance on goods and services between Italy and Luxembourg?
15.71 billion current LCU, with Italy ahead.
How many years of comparable data are there for Italy and Luxembourg?
56 years are reported by both, from 1970 to 2025.
How do Italy and Luxembourg rank globally for external balance on goods and services?
Italy ranks 47th and Luxembourg ranks 48th of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Luxembourg: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 01 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-lcu/italy/luxembourg/

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About this data

Indicator
External balance on goods and services (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,054 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.