Domestic credit to private sector in Luxembourg
Luxembourg: Domestic credit to private sector was 105.8% in 2020. ▲ Rising
Domestic credit to private sector in Luxembourg, 2001–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in Luxembourg stood at 105.8%.
Compared with earlier readings it is down 2.7% on the previous year and up 22.8% over ten years.
Over the whole period, domestic credit to private sector in Luxembourg peaked at 108.7% in 2019 and was at its lowest, 66.0%, in 2004.
That places Luxembourg 29th out of 187 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Domestic credit to private sector in Luxembourg, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 78.5% | — |
| 2002 | 67.5% | -14.0% |
| 2003 | 69.1% | +2.3% |
| 2004 | 66.0% | -4.4% |
| 2005 | 71.3% | +8.0% |
| 2006 | 74.7% | +4.8% |
| 2007 | 85.3% | +14.2% |
| 2008 | 101.2% | +18.6% |
| 2009 | 101.0% | -0.2% |
| 2010 | 86.1% | -14.7% |
| 2011 | 84.2% | -2.3% |
| 2012 | 83.6% | -0.7% |
| 2013 | 86.7% | +3.7% |
| 2014 | 86.5% | -0.2% |
| 2015 | 91.8% | +6.1% |
| 2016 | 96.7% | +5.4% |
| 2017 | 100.9% | +4.4% |
| 2018 | 105.8% | +4.8% |
| 2019 | 108.7% | +2.7% |
| 2020 | 105.8% | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 79.4% | 66.0% | 101.2% | 9 |
| 2010s | 93.1% | 83.6% | 108.7% | 10 |
| 2020s | 105.8% | 105.8% | 105.8% | 1 |
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 domestic credit to private sector in Luxembourg?
- Domestic credit to private sector in Luxembourg was 105.8% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Luxembourg?
- The highest recorded value was 108.7% in 2019.
- What is the lowest domestic credit to private sector recorded in Luxembourg?
- The lowest recorded value was 66.0% in 2004.
- How does Luxembourg rank for domestic credit to private sector?
- Luxembourg ranks 29th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Luxembourg?
- Over the last ten years it is up 22.8%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.