Value of imported goods as a share of GDP in Luxembourg
Luxembourg: Value of imported goods as a share of GDP was 26.9% in 2024. ▼ Falling
Value of imported goods as a share of GDP in Luxembourg, 1997–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, value of imported goods as a share of gdp in Luxembourg stood at 26.9%. That is the lowest value across all 28 years on record.
The figure is down 9.1% on the previous year and down 30.6% over ten years.
Over the whole period, value of imported goods as a share of gdp in Luxembourg peaked at 62.3% in 2006 and was at its lowest, 26.9%, in 2024.
Luxembourg ranks 126th of 201 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Value of imported goods as a share of GDP in Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 47.9% | — |
| 1998 | 49.1% | +2.5% |
| 1999 | 50.9% | +3.7% |
| 2000 | 52.7% | +3.5% |
| 2001 | 57.2% | +8.5% |
| 2002 | 53.2% | -7.0% |
| 2003 | 54.2% | +1.9% |
| 2004 | 56.6% | +4.4% |
| 2005 | 59.0% | +4.2% |
| 2006 | 62.3% | +5.7% |
| 2007 | 54.1% | -13.1% |
| 2008 | 54.5% | +0.8% |
| 2009 | 45.7% | -16.2% |
| 2010 | 43.9% | -3.9% |
| 2011 | 46.8% | +6.4% |
| 2012 | 45.7% | -2.3% |
| 2013 | 40.9% | -10.5% |
| 2014 | 38.7% | -5.3% |
| 2015 | 38.8% | +0.1% |
| 2016 | 35.1% | -9.3% |
| 2017 | 34.7% | -1.1% |
| 2018 | 34.0% | -2.2% |
| 2019 | 34.7% | +2.2% |
| 2020 | 28.7% | -17.3% |
| 2021 | 30.3% | +5.4% |
| 2022 | 33.4% | +10.3% |
| 2023 | 29.5% | -11.6% |
| 2024 | 26.9% | -9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 49.3% | 47.9% | 50.9% | 3 |
| 2000s | 54.9% | 45.7% | 62.3% | 10 |
| 2010s | 39.3% | 34.0% | 46.8% | 10 |
| 2020s | 29.8% | 26.9% | 33.4% | 5 |
Countries ranked near Luxembourg
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 value of imported goods as a share of gdp in Luxembourg?
- Value of imported goods as a share of gdp in Luxembourg was 26.9% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Luxembourg?
- The highest recorded value was 62.3% in 2006.
- What is the lowest value of imported goods as a share of gdp recorded in Luxembourg?
- The lowest recorded value was 26.9% in 2024.
- How does Luxembourg rank for value of imported goods as a share of gdp?
- Luxembourg ranks 126th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Luxembourg?
- Over the last ten years it is down 30.6%. The long-run trend across the full record is falling.
- Where does this Luxembourg data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).