Foreign banks among total banks (%) in Luxembourg
Luxembourg: Foreign banks among total banks (%) was 95.0% in 2013. ▬ Flat
Foreign banks among total banks in Luxembourg, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
In 2013, foreign banks among total banks in Luxembourg stood at 95.0%.
The figure is down 1.0% over ten years.
Over the whole period, foreign banks among total banks in Luxembourg peaked at 96.0% in 1998 and was at its lowest, 94.0%, in 1999.
That places Luxembourg 4th out of 137 countries with data for 2013, putting it in the top 10%.
Foreign banks among total banks (%) in Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 95.0% | — |
| 1996 | 95.0% | +0.0% |
| 1997 | 95.0% | +0.0% |
| 1998 | 96.0% | +1.1% |
| 1999 | 94.0% | -2.1% |
| 2000 | 94.0% | +0.0% |
| 2001 | 96.0% | +2.1% |
| 2002 | 96.0% | +0.0% |
| 2003 | 96.0% | +0.0% |
| 2004 | 96.0% | +0.0% |
| 2005 | 96.0% | +0.0% |
| 2006 | 96.0% | +0.0% |
| 2007 | 96.0% | +0.0% |
| 2008 | 96.0% | +0.0% |
| 2009 | 96.0% | +0.0% |
| 2010 | 96.0% | +0.0% |
| 2011 | 96.0% | +0.0% |
| 2012 | 95.0% | -1.0% |
| 2013 | 95.0% | +0.0% |
Luxembourg compared with similar countries
- Luxembourg's 95.0% is above the median for high income countries, which is 36.0%, 2.6× the median. (53 countries reporting)
- Luxembourg's 95.0% is above the median for Europe & Central Asia, which is 50.0%, 1.9× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 95.0% | 94.0% | 96.0% | 5 |
| 2000s | 95.8% | 94.0% | 96.0% | 10 |
| 2010s | 95.5% | 95.0% | 96.0% | 4 |
Countries ranked near Luxembourg
- 1 Barbados 100.0% compare
- 1 Burkina Faso 100.0% compare
- 1 Madagascar 100.0% compare
- 5 Zambia 94.0% compare
- 6 El Salvador 91.0% compare
- 7 Benin 89.0% compare
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 foreign banks among total banks in Luxembourg?
- Foreign banks among total banks in Luxembourg was 95.0% 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 banks among total banks recorded in Luxembourg?
- The highest recorded value was 96.0% in 1998.
- What is the lowest foreign banks among total banks recorded in Luxembourg?
- The lowest recorded value was 94.0% in 1999.
- How does Luxembourg rank for foreign banks among total banks?
- Luxembourg ranks 4th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Luxembourg?
- Over the last ten years it is down 1.0%. The long-run trend across the full record is flat.
- 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 banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.