Luxembourg vs Qatar: External balance on goods and services
External balance on goods and services over time
- Luxembourg
- Qatar
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 193 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, 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 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?
- Luxembourg ranks 5th and Qatar ranks 3rd 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.
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.