Africa's Development: International trade costs Average … continent in Luxembourg
Luxembourg: Africa's Development: International trade costs Average … continent was 71.03 Percentage of merchandise value in 2020. ▬ Flat
Africa's Development Dynamics (AfDD) Table 28 - International trade in Luxembourg, 2000–2020
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of merchandise value.
Analysis
The most recent figure for africa's development dynamics (afdd) table 28 - international trade in Luxembourg is 71.03 Percentage of merchandise value, measured in 2020.
That represents a change of up 4.6% on the previous year and up 8.4% over ten years.
Over the whole period, africa's development dynamics (afdd) table 28 - international trade in Luxembourg peaked at 78.04 Percentage of merchandise value in 2017 and was at its lowest, 61.96 Percentage of merchandise value, in 2011.
That places Luxembourg 125th out of 157 countries with data for 2020, putting it in the bottom quarter.
Africa's Development: International trade costs Average … continent in Luxembourg, year by year
| Year | Percentage of merchandise value | Change |
|---|---|---|
| 2000 | 72.8 Percentage of merchandise value | — |
| 2001 | 70.33 Percentage of merchandise value | -3.4% |
| 2002 | 70.72 Percentage of merchandise value | +0.6% |
| 2003 | 74.47 Percentage of merchandise value | +5.3% |
| 2004 | 75.71 Percentage of merchandise value | +1.7% |
| 2005 | 73.15 Percentage of merchandise value | -3.4% |
| 2006 | 72.88 Percentage of merchandise value | -0.4% |
| 2007 | 74.82 Percentage of merchandise value | +2.7% |
| 2008 | 74.11 Percentage of merchandise value | -1.0% |
| 2009 | 66.35 Percentage of merchandise value | -10.5% |
| 2010 | 65.53 Percentage of merchandise value | -1.2% |
| 2011 | 61.96 Percentage of merchandise value | -5.5% |
| 2012 | 66.4 Percentage of merchandise value | +7.2% |
| 2013 | 67.63 Percentage of merchandise value | +1.9% |
| 2014 | 68.62 Percentage of merchandise value | +1.5% |
| 2015 | 75.75 Percentage of merchandise value | +10.4% |
| 2016 | 75.58 Percentage of merchandise value | -0.2% |
| 2017 | 78.04 Percentage of merchandise value | +3.2% |
| 2018 | 66.85 Percentage of merchandise value | -14.3% |
| 2019 | 67.94 Percentage of merchandise value | +1.6% |
| 2020 | 71.03 Percentage of merchandise value | +4.6% |
Luxembourg compared with similar countries
- Luxembourg's 71.03 Percentage of merchandise value is below the median for high income countries, which is 80.44 Percentage of merchandise value, 88% of the median. (52 countries reporting)
- Luxembourg's 71.03 Percentage of merchandise value is above the median for Europe & Central Asia, which is 70.54 Percentage of merchandise value, 1.0× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 72.53 Percentage of merchandise value | 66.35 Percentage of merchandise value | 75.71 Percentage of merchandise value | 10 |
| 2010s | 69.43 Percentage of merchandise value | 61.96 Percentage of merchandise value | 78.04 Percentage of merchandise value | 10 |
| 2020s | 71.03 Percentage of merchandise value | 71.03 Percentage of merchandise value | 71.03 Percentage of merchandise value | 1 |
Countries ranked near Luxembourg
- 122 Nicaragua 74.23 Percentage of merchandise value compare
- 123 Libya 73.34 Percentage of merchandise value compare
- 124 Bosnia and Herzegovina 73.29 Percentage of merchandise value compare
- 126 Ukraine 70.85 Percentage of merchandise value compare
- 127 Finland 70.22 Percentage of merchandise value compare
- 128 Norway 67.87 Percentage of merchandise value compare
More economy & growth data for Luxembourg
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.14 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 3,041 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1234 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0151 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 2,220 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.62 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0133 units per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 28 - international trade in Luxembourg?
- Africa's development dynamics (afdd) table 28 - international trade in Luxembourg was 71.03 Percentage of merchandise value in 2020, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 28 - international trade recorded in Luxembourg?
- The highest recorded value was 78.04 Percentage of merchandise value in 2017.
- What is the lowest africa's development dynamics (afdd) table 28 - international trade recorded in Luxembourg?
- The lowest recorded value was 61.96 Percentage of merchandise value in 2011.
- How does Luxembourg rank for africa's development dynamics (afdd) table 28 - international trade?
- Luxembourg ranks 125th out of 157 countries with data for 2020.
- Is africa's development dynamics (afdd) table 28 - international trade rising or falling in Luxembourg?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is flat.
- Where does this Luxembourg data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 28 - International trade costs — Average cost of trade within continent, manufactured goods. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 28 shows the average cost of importing and exporting goods calculated as a percentage of the value of goods traded, broken down by the origin and destination of the trade, whether it is with bordering countries, with countries in the same region, or the same continent.