Merchandise trade as a proportion of GDP (%) in Luxembourg
Luxembourg: Merchandise trade as a proportion of GDP (%) was 44.3% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Luxembourg, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Luxembourg is 44.3%, measured in 2024. That is the lowest value across all 25 years on record.
That represents a change of down 9.6% on the previous year and down 33.4% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Luxembourg peaked at 116.8% in 2006 and was at its lowest, 44.3%, in 2024.
That places Luxembourg 141st out of 220 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 92.6% | — |
| 2001 | 103.3% | +11.6% |
| 2002 | 96.7% | -6.4% |
| 2003 | 99.3% | +2.7% |
| 2004 | 103.5% | +4.2% |
| 2005 | 110.8% | +7.0% |
| 2006 | 116.8% | +5.5% |
| 2007 | 98.8% | -15.4% |
| 2008 | 98.3% | -0.5% |
| 2009 | 85.7% | -12.8% |
| 2010 | 79.8% | -6.9% |
| 2011 | 80.6% | +1.0% |
| 2012 | 77.6% | -3.7% |
| 2013 | 69.2% | -10.8% |
| 2014 | 66.5% | -3.9% |
| 2015 | 67.3% | +1.2% |
| 2016 | 60.5% | -10.0% |
| 2017 | 58.8% | -2.9% |
| 2018 | 57.1% | -2.9% |
| 2019 | 58.3% | +2.1% |
| 2020 | 47.5% | -18.5% |
| 2021 | 49.7% | +4.7% |
| 2022 | 54.9% | +10.5% |
| 2023 | 49.0% | -10.9% |
| 2024 | 44.3% | -9.6% |
Luxembourg compared with similar countries
- Luxembourg's 44.3% is below the median for high income countries, which is 56.9%, 78% of the median. (73 countries reporting)
- Luxembourg's 44.3% is below the median for Europe & Central Asia, which is 63.9%, 69% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100.6% | 85.7% | 116.8% | 10 |
| 2010s | 67.6% | 57.1% | 80.6% | 10 |
| 2020s | 49.1% | 44.3% | 54.9% | 5 |
Countries ranked near Luxembourg
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 merchandise trade as a proportion of gdp in Luxembourg?
- Merchandise trade as a proportion of gdp in Luxembourg was 44.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Luxembourg?
- The highest recorded value was 116.8% in 2006.
- What is the lowest merchandise trade as a proportion of gdp recorded in Luxembourg?
- The lowest recorded value was 44.3% in 2024.
- How does Luxembourg rank for merchandise trade as a proportion of gdp?
- Luxembourg ranks 141st out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Luxembourg?
- Over the last ten years it is down 33.4%. The long-run trend across the full record is falling.
- Where does this Luxembourg data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).