Monetary Sector credit to private sector in Luxembourg
Luxembourg: Monetary Sector credit to private sector was 85.1% in 2024. ▲ Rising
Monetary Sector credit to private sector in Luxembourg, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in Luxembourg is 85.1%, measured in 2024.
The figure is down 8.6% on the previous year and down 1.3% over ten years.
Over the whole period, monetary sector credit to private sector in Luxembourg peaked at 110.2% in 2020 and was at its lowest, 66.0%, in 2004.
That places Luxembourg 26th out of 186 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Monetary Sector credit to private sector in Luxembourg, year by year
| Year | % 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 | 86.3% | -0.4% |
| 2015 | 91.8% | +6.3% |
| 2016 | 96.3% | +4.9% |
| 2017 | 100.5% | +4.4% |
| 2018 | 105.5% | +5.0% |
| 2019 | 109.0% | +3.3% |
| 2020 | 110.2% | +1.1% |
| 2021 | 103.0% | -6.5% |
| 2022 | 102.5% | -0.4% |
| 2023 | 93.2% | -9.1% |
| 2024 | 85.1% | -8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 79.4% | 66.0% | 101.2% | 9 |
| 2010s | 93.0% | 83.6% | 109.0% | 10 |
| 2020s | 98.8% | 85.1% | 110.2% | 5 |
Countries ranked near Luxembourg
More financial sector data for Luxembourg
- Total reserves (gold at national valuation) (SDR), annual growth rate 4.15 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,243 SDR per person (2025)
- 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)
Frequently asked questions
- What is monetary sector credit to private sector in Luxembourg?
- Monetary sector credit to private sector in Luxembourg was 85.1% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Luxembourg?
- The highest recorded value was 110.2% in 2020.
- What is the lowest monetary sector credit to private sector recorded in Luxembourg?
- The lowest recorded value was 66.0% in 2004.
- How does Luxembourg rank for monetary sector credit to private sector?
- Luxembourg ranks 26th out of 186 countries with data for 2024.
- Is monetary sector credit to private sector rising or falling in Luxembourg?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.