Trade in services (% of GDP) in Luxembourg
Luxembourg: Trade in services (% of GDP) was 321.7% in 2025. ▲ Rising
Trade in services in Luxembourg, 1999–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, trade in services in Luxembourg stood at 321.7%.
The figure is down 7.1% on the previous year and up 18.8% over ten years.
Over the whole period, trade in services in Luxembourg peaked at 346.2% in 2024 and was at its lowest, 132.3%, in 1999.
Luxembourg ranks 1st of 200 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 27 years of available data.
Trade in services (% of GDP) in Luxembourg, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1999 | 132.3% | — |
| 2000 | 159.6% | +20.6% |
| 2001 | 157.4% | -1.4% |
| 2002 | 149.3% | -5.1% |
| 2003 | 150.5% | +0.8% |
| 2004 | 166.3% | +10.5% |
| 2005 | 183.5% | +10.3% |
| 2006 | 200.8% | +9.4% |
| 2007 | 202.3% | +0.8% |
| 2008 | 180.8% | -10.6% |
| 2009 | 171.4% | -5.2% |
| 2010 | 188.4% | +9.9% |
| 2011 | 196.8% | +4.4% |
| 2012 | 218.4% | +11.0% |
| 2013 | 230.9% | +5.7% |
| 2014 | 247.1% | +7.0% |
| 2015 | 270.8% | +9.6% |
| 2016 | 262.7% | -3.0% |
| 2017 | 274.2% | +4.4% |
| 2018 | 280.3% | +2.2% |
| 2019 | 300.6% | +7.3% |
| 2020 | 304.7% | +1.4% |
| 2021 | 328.0% | +7.6% |
| 2022 | 335.2% | +2.2% |
| 2023 | 329.2% | -1.8% |
| 2024 | 346.2% | +5.2% |
| 2025 | 321.7% | -7.1% |
Luxembourg compared with similar countries
- Luxembourg's 321.7% is above the median for high income countries, which is 32.3%, 10.0× the median. (72 countries reporting)
- Luxembourg's 321.7% is above the median for Europe & Central Asia, which is 31.1%, 10.3× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 132.3% | 132.3% | 132.3% | 1 |
| 2000s | 172.2% | 149.3% | 202.3% | 10 |
| 2010s | 247.0% | 188.4% | 300.6% | 10 |
| 2020s | 327.5% | 304.7% | 346.2% | 6 |
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0133 units per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in Luxembourg?
- Trade in services in Luxembourg was 321.7% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Luxembourg?
- The highest recorded value was 346.2% in 2024.
- What is the lowest trade in services recorded in Luxembourg?
- The lowest recorded value was 132.3% in 1999.
- How does Luxembourg rank for trade in services?
- Luxembourg ranks 1st out of 200 countries with data for 2025.
- Is trade in services rising or falling in Luxembourg?
- Over the last ten years it is up 18.8%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.