Annual growth of exports of goods and services in Luxembourg
Luxembourg: Annual growth of exports of goods and services was -12.2% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Luxembourg, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Luxembourg recorded -12.2% for annual growth of exports of goods and services in 2024. That is the lowest value across all 25 years on record.
That represents a change of down 2,302.0% on the previous year and down 286.9% over ten years.
Over the whole period, annual growth of exports of goods and services in Luxembourg peaked at 17.0% in 2000 and was at its lowest, -12.2%, in 2024.
Luxembourg ranks 173rd of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 17.0% | — |
| 2001 | 6.4% | -62.3% |
| 2002 | -0.1% | -101.5% |
| 2003 | 2.8% | -2928.7% |
| 2004 | 9.2% | +231.7% |
| 2005 | 6.0% | -35.3% |
| 2006 | 12.9% | +116.2% |
| 2007 | 5.1% | -60.3% |
| 2008 | -0.3% | -106.4% |
| 2009 | -7.2% | +2110.7% |
| 2010 | 10.2% | -240.2% |
| 2011 | 4.4% | -56.8% |
| 2012 | 1.6% | -63.1% |
| 2013 | 6.3% | +290.1% |
| 2014 | 6.5% | +3.2% |
| 2015 | 5.1% | -21.1% |
| 2016 | 5.3% | +3.3% |
| 2017 | -0.2% | -104.3% |
| 2018 | 3.5% | -1655.2% |
| 2019 | 6.0% | +71.1% |
| 2020 | 1.9% | -68.5% |
| 2021 | 11.3% | +496.3% |
| 2022 | 1.5% | -87.0% |
| 2023 | 0.6% | -62.4% |
| 2024 | -12.2% | -2302.0% |
Luxembourg compared with similar countries
- Luxembourg's -12.2% is below the median for high income countries, which is 2.1%. (59 countries reporting)
- Luxembourg's -12.2% is below the median for Europe & Central Asia, which is 1.2%. (50 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services in Luxembourg changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +2928.7% | -0.1% | 2.8% |
| 2024 | -2302.0% | 0.6% | -12.2% |
| 2009 | -2110.7% | -0.3% | -7.2% |
| 2018 | +1655.2% | -0.2% | 3.5% |
| 2021 | +496.3% | 1.9% | 11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.2% | -7.2% | 17.0% | 10 |
| 2010s | 4.9% | -0.2% | 10.2% | 10 |
| 2020s | 0.6% | -12.2% | 11.3% | 5 |
Countries ranked near Luxembourg
- 170 Djibouti -9.6% compare
- 171 Egypt -10.6% compare
- 172 State of Palestine -11.1% compare
- 174 Russian Federation -13.9% compare
- 174 Russian Federation -13.9% compare
- 176 Bolivia (Plurinational State of) -14.5% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 108.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 1.16 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 160,408 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -93.89 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -188.59 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.9282 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -136,679 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 9.54 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Luxembourg?
- Annual growth of exports of goods and services in Luxembourg was -12.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Luxembourg?
- The highest recorded value was 17.0% in 2000.
- What is the lowest annual growth of exports of goods and services recorded in Luxembourg?
- The lowest recorded value was -12.2% in 2024.
- How does Luxembourg rank for annual growth of exports of goods and services?
- Luxembourg ranks 173rd out of 186 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Luxembourg?
- Over the last ten years it is down 286.9%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
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