Share of global services exports in Luxembourg
Luxembourg: Share of global services exports was 1.98 in 2022. ▲ Rising
Latest (2022)
1.98
Change on year
down 19.5%
World rank
14th
of 200 countries
All-time high
2.46
in 2021
All-time low
1.25
in 2002
Years of data
21
2002–2022
Share of global services exports in Luxembourg, 2002–2022
Source: Our World in Data.
Analysis
In 2022, share of global services exports in Luxembourg stood at 1.98.
That represents a change of down 19.5% on the previous year and up 20.0% over ten years.
Over the whole period, share of global services exports in Luxembourg peaked at 2.46 in 2021 and was at its lowest, 1.25, in 2002.
Luxembourg ranks 14th of 200 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Share of global services exports in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 1.25 | — |
| 2003 | 1.34 | +7.2% |
| 2004 | 1.47 | +9.7% |
| 2005 | 1.5 | +2.0% |
| 2006 | 1.68 | +12.0% |
| 2007 | 1.74 | +3.6% |
| 2008 | 1.63 | -6.3% |
| 2009 | 1.61 | -1.2% |
| 2010 | 1.63 | +1.2% |
| 2011 | 1.61 | -1.2% |
| 2012 | 1.65 | +2.5% |
| 2013 | 1.78 | +7.9% |
| 2014 | 1.86 | +4.5% |
| 2015 | 1.85 | -0.5% |
| 2016 | 1.84 | -0.5% |
| 2017 | 1.81 | -1.6% |
| 2018 | 1.78 | -1.7% |
| 2019 | 1.83 | +2.8% |
| 2020 | 2.39 | +30.6% |
| 2021 | 2.46 | +2.9% |
| 2022 | 1.98 | -19.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.53 | 1.25 | 1.74 | 8 |
| 2010s | 1.76 | 1.61 | 1.86 | 10 |
| 2020s | 2.28 | 1.98 | 2.46 | 3 |
Countries ranked near Luxembourg
- 11 Spain 2.28 compare
- 12 United Arab Emirates 2.11 compare
- 13 Switzerland 2.08 compare
- 15 Belgium 1.88 compare
- 16 Denmark 1.8 compare
- 17 South Korea 1.78 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.31 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8014 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 118,006 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.5683 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6311 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 92,937 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 0.5682 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.615 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is share of global services exports in Luxembourg?
- Share of global services exports in Luxembourg was 1.98 in 2022, according to Our World in Data.
- What is the highest share of global services exports recorded in Luxembourg?
- The highest recorded value was 2.46 in 2021.
- What is the lowest share of global services exports recorded in Luxembourg?
- The lowest recorded value was 1.25 in 2002.
- How does Luxembourg rank for share of global services exports?
- Luxembourg ranks 14th out of 200 countries with data for 2022.
- Is share of global services exports rising or falling in Luxembourg?
- Over the last ten years it is up 20.0%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Our World in Data, published as part of Share of global services exports. Statizoid updates them automatically from the source API.
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