Goods balance (credit less debit), Net (credits less debits) in Luxembourg
Luxembourg: Goods balance (credit less debit), Net (credits less debits) was 1.90 billion in 2024. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Luxembourg, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, goods balance (credit less debit), net (credits less debits) in Luxembourg stood at 1.90 billion.
The figure is up 44.9% on the previous year and down 22.8% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Luxembourg peaked at 2.47 billion in 2014 and was at its lowest, -4.27 billion, in 2005.
That places Luxembourg 53rd out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Net (credits less debits) in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -4.27 billion | — |
| 2006 | -3.51 billion | -17.6% |
| 2007 | -3.59 billion | +2.2% |
| 2008 | -4.26 billion | +18.7% |
| 2009 | -2.38 billion | -44.2% |
| 2010 | -415.00 million | -82.5% |
| 2011 | -425.19 million | +2.5% |
| 2012 | 462.08 million | -208.7% |
| 2013 | 1.94 billion | +318.9% |
| 2014 | 2.47 billion | +27.4% |
| 2015 | 1.14 billion | -53.7% |
| 2016 | 2.11 billion | +84.7% |
| 2017 | 2.17 billion | +2.7% |
| 2018 | 2.03 billion | -6.5% |
| 2019 | 1.77 billion | -12.6% |
| 2020 | 2.34 billion | +32.0% |
| 2021 | 145.64 million | -93.8% |
| 2022 | -623.04 million | -527.8% |
| 2023 | 1.31 billion | -310.9% |
| 2024 | 1.90 billion | +44.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.60 billion | -4.27 billion | -2.38 billion | 5 |
| 2010s | 1.32 billion | -425.19 million | 2.47 billion | 10 |
| 2020s | 1.02 billion | -623.04 million | 2.34 billion | 5 |
Countries ranked near Luxembourg
- 50 Mongolia 3.08 billion compare
- 51 Trinidad and Tobago 2.47 billion compare
- 52 Gabon 1.94 billion compare
- 54 South Sudan 1.76 billion compare
- 55 Cote d'Ivoire 1.75 billion compare
- 56 Zambia 1.30 billion compare
More financial sector data for Luxembourg
- Total reserves in months of imports, annual growth rate 5.43 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 1.87 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0003 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 48.89 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.3299 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,913 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 4.31 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 3,247 SDR per person (2025)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Luxembourg?
- Goods balance (credit less debit), net (credits less debits) in Luxembourg was 1.90 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Luxembourg?
- The highest recorded value was 2.47 billion in 2014.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Luxembourg?
- The lowest recorded value was -4.27 billion in 2005.
- How does Luxembourg rank for goods balance (credit less debit), net (credits less debits)?
- Luxembourg ranks 53rd out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Luxembourg?
- Over the last ten years it is down 22.8%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.