Foreign bank assets among total bank assets in Luxembourg
Luxembourg: Foreign bank assets among total bank assets was 92.0% in 2013. ▼ Falling
Foreign bank assets among total bank assets in Luxembourg, 2005–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
Luxembourg recorded 92.0% for foreign bank assets among total bank assets in 2013. That is the lowest value across all 9 years on record.
That represents a change of down 1.1% on the previous year and down 7.1% over ten years.
Over the whole period, foreign bank assets among total bank assets in Luxembourg peaked at 99.0% in 2005 and was at its lowest, 92.0%, in 2013.
That places Luxembourg 12th out of 128 countries with data for 2013, putting it in the top 10%.
Foreign bank assets among total bank assets in Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 99.0% | — |
| 2006 | 99.0% | +0.0% |
| 2007 | 95.0% | -4.0% |
| 2008 | 95.0% | +0.0% |
| 2009 | 94.0% | -1.1% |
| 2010 | 94.0% | +0.0% |
| 2011 | 93.0% | -1.1% |
| 2012 | 93.0% | +0.0% |
| 2013 | 92.0% | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 96.4% | 94.0% | 99.0% | 5 |
| 2010s | 93.0% | 92.0% | 94.0% | 4 |
Countries ranked near Luxembourg
- 9 Mozambique 94.0% compare
- 9 New Zealand 94.0% compare
- 9 Senegal 94.0% compare
- 12 Hong Kong, China 92.0% compare
- 12 Uruguay 92.0% compare
- 15 Jamaica 91.0% compare
- 15 Lithuania 91.0% compare
More financial sector data for Luxembourg
- Net domestic credit (current LCU), per capita 208,660 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 1.57 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate -6.24 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 2.52 million SDR (2025)
- Gold reserves at market value 229.63 million SDR (2025)
- Reserves excluding gold, foreign exchange 33.59 million SDR (2025)
- Reserves excluding gold 2.00 billion SDR (2025)
- Total reserves (gold at market value) 2.23 billion SDR (2025)
- Total reserves (gold at national valuation) 2.23 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,243 SDR per person (2025)
Frequently asked questions
- What is foreign bank assets among total bank assets in Luxembourg?
- Foreign bank assets among total bank assets in Luxembourg was 92.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign bank assets among total bank assets recorded in Luxembourg?
- The highest recorded value was 99.0% in 2005.
- What is the lowest foreign bank assets among total bank assets recorded in Luxembourg?
- The lowest recorded value was 92.0% in 2013.
- How does Luxembourg rank for foreign bank assets among total bank assets?
- Luxembourg ranks 12th out of 128 countries with data for 2013.
- Is foreign bank assets among total bank assets rising or falling in Luxembourg?
- Over the last ten years it is down 7.1%. The long-run trend across the full record is falling.
- Where does this Luxembourg data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign bank assets among total bank assets (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the total banking assets that are held by foreign banks. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.