Ireland vs Luxembourg: External balance on goods and services

Ireland
40.2%
in 2025
Luxembourg
31.2%
in 2025
Ireland rank
2nd
Luxembourg rank
5th

External balance on goods and services over time

  • Ireland
  • Luxembourg
-2002040197019972025

How they compare

Ireland currently reports 40.2% against 31.2% in Luxembourg, a difference of 9.0%.

That makes Ireland's figure about 1.3 times Luxembourg's.

The two have swapped places 1 time across 56 shared years of data; in 1970 it was Luxembourg ahead.

Ireland ranks 2nd and Luxembourg ranks 5th of 193 countries.

Across the 6 decades both report, Ireland averaged higher in 1 and Luxembourg in 5.

Head to head by decade

Decade Ireland Luxembourg Difference Ahead
1970s -9.4% 13.6% 23.1% Luxembourg
1980s -2.4% 8.4% 10.8% Luxembourg
1990s 9.4% 17.0% 7.7% Luxembourg
2000s 12.5% 25.7% 13.2% Luxembourg
2010s 19.7% 31.8% 12.1% Luxembourg
2020s 36.5% 32.4% 4.1% Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Ireland or Luxembourg?
Ireland, at 40.2% against 31.2% in Luxembourg as of 2025.
What is the difference in external balance on goods and services between Ireland and Luxembourg?
9.0%, with Ireland ahead.
How many years of comparable data are there for Ireland and Luxembourg?
56 years are reported by both, from 1970 to 2025.
How do Ireland and Luxembourg rank globally for external balance on goods and services?
Ireland ranks 2nd and Luxembourg ranks 5th of 193 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 (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ireland vs Luxembourg: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/ireland/luxembourg/

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About this data

Indicator
External balance on goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
237 places, 11,345 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 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.