European Union vs Luxembourg: External balance on goods and services
External balance on goods and services over time
- European Union
- Luxembourg
How they compare
Luxembourg currently reports 31.2% against 3.8% in European Union, a difference of 27.4%.
That makes Luxembourg's figure about 8.2 times European Union's.
Across all 56 years both countries report, Luxembourg has been ahead every year.
European Union ranks 7th and Luxembourg ranks 5th of 44 groups.
Luxembourg has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | European Union | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -0.7% | 13.6% | 14.3% | Luxembourg |
| 1980s | -0.8% | 8.4% | 9.2% | Luxembourg |
| 1990s | 1.1% | 17.0% | 15.9% | Luxembourg |
| 2000s | 1.6% | 25.7% | 24.2% | Luxembourg |
| 2010s | 3.4% | 31.8% | 28.4% | Luxembourg |
| 2020s | 3.5% | 32.4% | 28.9% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, European Union or Luxembourg?
- Luxembourg, at 31.2% against 3.8% in European Union as of 2025.
- What is the difference in external balance on goods and services between European Union and Luxembourg?
- 27.4%, with Luxembourg ahead.
- How many years of comparable data are there for European Union and Luxembourg?
- 56 years are reported by both, from 1970 to 2025.
- How do European Union and Luxembourg rank globally for external balance on goods and services?
- European Union ranks 7th and Luxembourg ranks 5th of 44 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.