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 169 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.
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
- Domestic credit to private sector by banks 93.2% (2023)
- Total reserves in months of imports 0.0635 (2025)
- Net domestic credit 139.06 billion current LCU (2023)
- Net foreign assets 379.93 billion current LCU (2023)
- Monetary Sector credit to private sector 85.1% (2024)
- Claims on central government, etc. -2.4% (2024)
- Domestic credit to private sector 85.1% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration 5,237 (2025)
- GDP deflator: linked series 129.81 base year varies by country (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 169 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.
Download this data
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.