Italy vs Luxembourg: External balance on goods and services
External balance on goods and services over time
- Italy
- Luxembourg
How they compare
Italy currently reports 49.27 billion current US$ against 31.52 billion current US$ in Luxembourg, a difference of 17.75 billion current US$.
That makes Italy's figure about 1.6 times Luxembourg's.
The two have swapped places 15 times across 56 shared years of data; in 1970 it was Luxembourg ahead.
Italy ranks 14th and Luxembourg ranks 17th of 192 countries.
Across the 6 decades both report, Italy averaged higher in 3 and Luxembourg in 3.
Head to head by decade
| Decade | Italy | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 250.31 million current US$ | 404.00 million current US$ | 153.69 million current US$ | Luxembourg |
| 1980s | -1.64 billion current US$ | 557.61 million current US$ | 2.20 billion current US$ | Luxembourg |
| 1990s | 28.32 billion current US$ | 3.15 billion current US$ | 25.17 billion current US$ | Italy |
| 2000s | -394.86 million current US$ | 10.23 billion current US$ | 10.62 billion current US$ | Luxembourg |
| 2010s | 34.28 billion current US$ | 20.38 billion current US$ | 13.90 billion current US$ | Italy |
| 2020s | 34.68 billion current US$ | 28.27 billion current US$ | 6.40 billion current US$ | 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 49.27 billion current US$ against 31.52 billion current US$ in Luxembourg as of 2025.
- What is the difference in external balance on goods and services between Italy and Luxembourg?
- 17.75 billion current US$, with Italy ahead.
- How many years of comparable data are there for Italy and Luxembourg?
- 56 years are reported by both, from 1970 to 2025.
- How do Italy and Luxembourg rank globally for external balance on goods and services?
- Italy ranks 14th and Luxembourg ranks 17th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 indicator is expressed in United States dollars.