Net domestic credit (current LCU) in Luxembourg
Luxembourg: Net domestic credit (current LCU) was 139.06 billion current LCU in 2023. ▲ Rising
Net domestic credit in Luxembourg, 2001–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, net domestic credit in Luxembourg stood at 139.06 billion current LCU.
That represents a change of down 6.2% on the previous year and up 58.9% over ten years.
Over the whole period, net domestic credit in Luxembourg peaked at 148.31 billion current LCU in 2022 and was at its lowest, 23.47 billion current LCU, in 2002.
That places Luxembourg 124th out of 187 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Net domestic credit (current LCU) in Luxembourg, year by year
| Year | current LCU | Change |
|---|---|---|
| 2001 | 27.48 billion current LCU | — |
| 2002 | 23.47 billion current LCU | -14.6% |
| 2003 | 24.36 billion current LCU | +3.8% |
| 2004 | 26.93 billion current LCU | +10.5% |
| 2005 | 38.59 billion current LCU | +43.3% |
| 2006 | 51.42 billion current LCU | +33.2% |
| 2007 | 68.57 billion current LCU | +33.4% |
| 2008 | 72.39 billion current LCU | +5.6% |
| 2009 | 70.98 billion current LCU | -1.9% |
| 2010 | 88.84 billion current LCU | +25.2% |
| 2011 | 90.58 billion current LCU | +2.0% |
| 2012 | 90.28 billion current LCU | -0.3% |
| 2013 | 87.53 billion current LCU | -3.1% |
| 2014 | 96.39 billion current LCU | +10.1% |
| 2015 | 99.72 billion current LCU | +3.4% |
| 2016 | 104.31 billion current LCU | +4.6% |
| 2017 | 107.28 billion current LCU | +2.9% |
| 2018 | 112.04 billion current LCU | +4.4% |
| 2019 | 119.62 billion current LCU | +6.8% |
| 2020 | 120.73 billion current LCU | +0.9% |
| 2021 | 129.39 billion current LCU | +7.2% |
| 2022 | 148.31 billion current LCU | +14.6% |
| 2023 | 139.06 billion current LCU | -6.2% |
Luxembourg compared with similar countries
- Luxembourg's 139.06 billion current LCU is below the median for high income countries, which is 701.01 billion current LCU, 20% of the median. (61 countries reporting)
- Luxembourg's 139.06 billion current LCU is below the median for Europe & Central Asia, which is 629.86 billion current LCU, 22% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.91 billion current LCU | 23.47 billion current LCU | 72.39 billion current LCU | 9 |
| 2010s | 99.66 billion current LCU | 87.53 billion current LCU | 119.62 billion current LCU | 10 |
| 2020s | 134.37 billion current LCU | 120.73 billion current LCU | 148.31 billion current LCU | 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 net domestic credit in Luxembourg?
- Net domestic credit in Luxembourg was 139.06 billion current LCU in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Luxembourg?
- The highest recorded value was 148.31 billion current LCU in 2022.
- What is the lowest net domestic credit recorded in Luxembourg?
- The lowest recorded value was 23.47 billion current LCU in 2002.
- How does Luxembourg rank for net domestic credit?
- Luxembourg ranks 124th out of 187 countries with data for 2023.
- Is net domestic credit rising or falling in Luxembourg?
- Over the last ten years it is up 58.9%. 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 Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.