Caribbean Small States vs Luxembourg: Trade in services

Caribbean Small States
35.2%
in 2023
Luxembourg
296.0%
in 2025
Caribbean Small States rank
4th
Luxembourg rank
1st

Trade in services over time

  • Caribbean Small States
  • Luxembourg
0100200300197620002025

How they compare

Luxembourg currently reports 296.0% against 35.2% in Caribbean Small States, a difference of 260.8%.

That makes Luxembourg's figure about 8.4 times Caribbean Small States's.

Across all 25 years both countries report, Luxembourg has been ahead every year.

Caribbean Small States ranks 4th and Luxembourg ranks 1st of 47 groups.

Luxembourg has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Caribbean Small States Luxembourg Difference Ahead
1990s 32.6% 132.3% 99.7% Luxembourg
2000s 28.7% 172.2% 143.5% Luxembourg
2010s 28.5% 247.0% 218.5% Luxembourg
2020s 29.6% 324.3% 294.7% Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade in services, Caribbean Small States or Luxembourg?
Luxembourg, at 296.0% against 35.2% in Caribbean Small States as of 2025.
What is the difference in trade in services between Caribbean Small States and Luxembourg?
260.8%, with Luxembourg ahead.
How many years of comparable data are there for Caribbean Small States and Luxembourg?
25 years are reported by both, from 1999 to 2023.
How do Caribbean Small States and Luxembourg rank globally for trade in services?
Caribbean Small States ranks 4th and Luxembourg ranks 1st of 47 groups.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Trade in services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Caribbean Small States vs Luxembourg: Trade in services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://economy.statizoid.com/compare/trade-in-services-percent-of-gdp/caribbean-small-states/luxembourg/

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About this data

Indicator
Trade in services (% of GDP)
Unit
% of GDP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
247 places, 9,893 data points, 1960–2025
Last refreshed

Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. 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.