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. Measured in %.
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 | % | 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 Russia -13.9% compare
- 176 Bolivia (Plurinational State of) -14.5% compare
More economy & growth data for Luxembourg
- Real gdp growth, annual growth rate 262.63 % change on previous year (2024)
- 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)
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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