EU27 (fixed composition) as of 31 January 2020 (brexit) vs Luxembourg: Payment services (sent), direct debits and credit transfers (Euro)

EU27 (fixed composition) as of 31 January 2020 (brexit)
478.12 million
in 2021
Luxembourg
19.86 million
in 2021
EU27 (fixed composition) as of 31 January 2020 (brexit) rank
2nd
Luxembourg rank
5th

Payment services (sent), direct debits and credit transfers (Euro) over time

  • EU27 (fixed composition) as of 31 January 2020 (brexit)
  • Luxembourg
0200.0M400.0M600.0M200020102021

How they compare

EU27 (fixed composition) as of 31 January 2020 (brexit) currently reports 478.12 million against 19.86 million in Luxembourg, a difference of 458.26 million.

That makes EU27 (fixed composition) as of 31 January 2020 (brexit)'s figure about 24.1 times Luxembourg's.

Across all 9 years both countries report, EU27 (fixed composition) as of 31 January 2020 (brexit) has been ahead every year.

EU27 (fixed composition) as of 31 January 2020 (brexit) ranks 2nd and Luxembourg ranks 5th of 4 groups.

EU27 (fixed composition) as of 31 January 2020 (brexit) has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade EU27 (fixed composition) as of 31 January 2020 (brexit) Luxembourg Difference Ahead
2010s 475.32 million 9.82 million 465.50 million EU27 (fixed composition) as of 31 January 2020 (brexit)
2020s 473.42 million 17.65 million 455.76 million EU27 (fixed composition) as of 31 January 2020 (brexit)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher payment services (sent), direct debits and credit transfers, EU27 (fixed composition) as of 31 January 2020 (brexit) or Luxembourg?
EU27 (fixed composition) as of 31 January 2020 (brexit), at 478.12 million against 19.86 million in Luxembourg as of 2021.
What is the difference in payment services (sent), direct debits and credit transfers between EU27 (fixed composition) as of 31 January 2020 (brexit) and Luxembourg?
458.26 million, with EU27 (fixed composition) as of 31 January 2020 (brexit) ahead.
How many years of comparable data are there for EU27 (fixed composition) as of 31 January 2020 (brexit) and Luxembourg?
9 years are reported by both, from 2013 to 2021.
How do EU27 (fixed composition) as of 31 January 2020 (brexit) and Luxembourg rank globally for payment services (sent), direct debits and credit transfers?
EU27 (fixed composition) as of 31 January 2020 (brexit) ranks 2nd and Luxembourg ranks 5th of 4 groups.
Where does this data come from?
European Central Bank, published as Payment services (sent), direct debits and credit transfers (Euro, Euro). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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EU27 (fixed composition) as of 31 January 2020 (brexit) vs Luxembourg: Payment services (sent), direct debits and credit transfers. Statizoid, drawing on European Central Bank. Retrieved 24 October 2026, from https://financial-sector.statizoid.com/compare/payment-services-sent-direct-debits-and-credit-transfers-euro-euro/eu27-fixed-composition-as-of-31-january-2020-brexit/luxembourg/

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About this data

Indicator
Payment services (sent), direct debits and credit transfers (Euro, Euro)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
28 places, 511 data points, 2000–2021
Last refreshed