Net domestic credit in Luxembourg
Luxembourg: Net domestic credit was 139.06 billion current LCU in 2023. β² Rising
Net domestic credit in Luxembourg, 2001β2023
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 186 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.
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
- 121 Macao Special Administrative Region, People's Republic of China 171.39 billion current LCU compare
- 122 Tunisia 166.69 billion current LCU compare
- 123 Comoros, Union of the 157.23 billion current LCU compare
- 125 Trinidad and Tobago 124.68 billion current LCU compare
- 126 Botswana 119.01 billion current LCU compare
- 127 Moldova, Republic of 110.07 billion current LCU compare
More financial sector data for Luxembourg
- Net domestic credit (current LCU), per capita 208,660 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 1.57 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate -6.24 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 2.52 million SDR (2025)
- Gold reserves at market value 229.63 million SDR (2025)
- Reserves excluding gold, foreign exchange 33.59 million SDR (2025)
- Reserves excluding gold 2.00 billion SDR (2025)
- Total reserves (gold at market value) 2.23 billion SDR (2025)
- Total reserves (gold at national valuation) 2.23 billion SDR (2025)
- Domestic credit to private sector by banks 93.2% (2023)
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 186 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.
Download this data
CSV Β· JSON β 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.