Harmonized Euro area rates, New business: Deposits agreed maturity in Luxembourg
Luxembourg: Harmonized Euro area rates, New business: Deposits agreed maturity was 2.82 in 2023. ◆ Volatile
Harmonized Euro area rates, New business: Deposits agreed maturity in Luxembourg, 2003–2023
Source: International Monetary Fund.
Analysis
The most recent figure for harmonized euro area rates, new business: deposits agreed maturity in Luxembourg is 2.82, measured in 2023.
Compared with earlier readings it is up 553.1% on the previous year and up 469.5% over ten years.
Over the whole period, harmonized euro area rates, new business: deposits agreed maturity in Luxembourg peaked at 3.93 in 2008 and was at its lowest, 0.0317, in 2020.
That places Luxembourg 11th out of 24 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Harmonized Euro area rates, New business: Deposits agreed maturity in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 2.03 | — |
| 2004 | 1.77 | -12.6% |
| 2005 | 1.86 | +4.9% |
| 2006 | 2.56 | +37.3% |
| 2007 | 3.58 | +40.2% |
| 2008 | 3.93 | +9.6% |
| 2009 | 0.7667 | -80.5% |
| 2010 | 0.5967 | -22.2% |
| 2011 | 1.03 | +72.5% |
| 2012 | 0.6383 | -38.0% |
| 2013 | 0.495 | -22.5% |
| 2014 | 0.3158 | -36.2% |
| 2015 | 0.35 | +10.8% |
| 2016 | 0.3458 | -1.2% |
| 2017 | 0.1875 | -45.8% |
| 2018 | 0.1417 | -24.4% |
| 2019 | 0.1542 | +8.8% |
| 2020 | 0.0317 | -79.5% |
| 2021 | 0.0908 | +186.8% |
| 2022 | 0.4317 | +375.2% |
| 2023 | 2.82 | +553.1% |
Luxembourg compared with similar countries
- Luxembourg's 2.82 is above the median for Europe & Central Asia, which is 2.75, 1.0× the median. (23 countries reporting)
- Luxembourg's 2.82 is above the median for high income countries, which is 2.69, 1.0× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Harmonized Euro area rates, New business: Deposits agreed maturity in Luxembourg changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +553.1% | 0.4317 | 2.82 |
| 2022 | +375.2% | 0.0908 | 0.4317 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.36 | 0.7667 | 3.93 | 7 |
| 2010s | 0.4254 | 0.1417 | 1.03 | 10 |
| 2020s | 0.8433 | 0.0317 | 2.82 | 4 |
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 harmonized euro area rates, new business: deposits agreed maturity in Luxembourg?
- Harmonized euro area rates, new business: deposits agreed maturity in Luxembourg was 2.82 in 2023, according to International Monetary Fund.
- What is the highest harmonized euro area rates, new business: deposits agreed maturity recorded in Luxembourg?
- The highest recorded value was 3.93 in 2008.
- What is the lowest harmonized euro area rates, new business: deposits agreed maturity recorded in Luxembourg?
- The lowest recorded value was 0.0317 in 2020.
- How does Luxembourg rank for harmonized euro area rates, new business: deposits agreed maturity?
- Luxembourg ranks 11th out of 24 countries with data for 2023.
- Is harmonized euro area rates, new business: deposits agreed maturity rising or falling in Luxembourg?
- Over the last ten years it is up 469.5%. 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 Harmonized Euro area rates, New business: Deposits agreed maturity, Up to 1 year New Business, Households, Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.