Bank concentration (%) in Luxembourg
Luxembourg: Bank concentration (%) was 43.3% in 2021. ▲ Rising
Bank concentration in Luxembourg, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank concentration in Luxembourg is 43.3%, measured in 2021. That is the highest value across all 22 years on record.
The figure is up 2.4% on the previous year and up 25.6% over ten years.
Over the whole period, bank concentration in Luxembourg peaked at 43.3% in 2021 and was at its lowest, 28.6%, in 2008.
That places Luxembourg 157th out of 170 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Bank concentration (%) in Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 31.8% | — |
| 2001 | 40.0% | +25.5% |
| 2002 | 37.8% | -5.5% |
| 2003 | 38.4% | +1.6% |
| 2004 | 36.4% | -5.1% |
| 2005 | 38.3% | +5.0% |
| 2006 | 36.8% | -3.8% |
| 2007 | 28.8% | -21.7% |
| 2008 | 28.6% | -0.8% |
| 2009 | 30.6% | +7.3% |
| 2010 | 35.4% | +15.4% |
| 2011 | 34.5% | -2.6% |
| 2012 | 37.0% | +7.5% |
| 2013 | 37.5% | +1.2% |
| 2014 | 41.0% | +9.6% |
| 2015 | 37.9% | -7.6% |
| 2016 | 33.5% | -11.6% |
| 2017 | 33.6% | +0.2% |
| 2018 | 33.2% | -1.2% |
| 2019 | 38.3% | +15.6% |
| 2020 | 42.2% | +10.1% |
| 2021 | 43.3% | +2.4% |
Luxembourg compared with similar countries
- Luxembourg's 43.3% is below the median for high income countries, which is 73.1%, 59% of the median. (63 countries reporting)
- Luxembourg's 43.3% is below the median for Europe & Central Asia, which is 68.9%, 63% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.7% | 28.6% | 40.0% | 10 |
| 2010s | 36.2% | 33.2% | 41.0% | 10 |
| 2020s | 42.7% | 42.2% | 43.3% | 2 |
Countries ranked near Luxembourg
More financial sector data for Luxembourg
- Reserve position in the IMF, US dollar, annual growth rate 6.15 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0046 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 683.75 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.09 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0034 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 499.27 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.15 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0046 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 683.75 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.09 % change on previous year (2025)
Frequently asked questions
- What is bank concentration in Luxembourg?
- Bank concentration in Luxembourg was 43.3% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Luxembourg?
- The highest recorded value was 43.3% in 2021.
- What is the lowest bank concentration recorded in Luxembourg?
- The lowest recorded value was 28.6% in 2008.
- How does Luxembourg rank for bank concentration?
- Luxembourg ranks 157th out of 170 countries with data for 2021.
- Is bank concentration rising or falling in Luxembourg?
- Over the last ten years it is up 25.6%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.