Payment services (sent), direct debits and credit transfers (Euro) in Luxembourg
Luxembourg: Payment services (sent), direct debits and credit transfers (Euro) was 19.86 million in 2021. ▲ Rising
Latest (2021)
19.86 million
Change on year
up 28.6%
World rank
5th
of 24 countries
All-time high
19.86 million
in 2021
All-time low
3.84 million
in 2000
Years of data
22
2000–2021
Payment services (sent), direct debits and credit transfers in Luxembourg, 2000–2021
Source: European Central Bank.
Analysis
Luxembourg recorded 19.86 million for payment services (sent), direct debits and credit transfers in 2021. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 28.6% on the previous year and up 81.6% over ten years.
Over the whole period, payment services (sent), direct debits and credit transfers in Luxembourg peaked at 19.86 million in 2021 and was at its lowest, 3.84 million, in 2000.
That places Luxembourg 5th out of 24 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Payment services (sent), direct debits and credit transfers (Euro) in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.84 million | — |
| 2001 | 4.44 million | +15.5% |
| 2002 | 4.43 million | -0.2% |
| 2003 | 4.75 million | +7.4% |
| 2004 | 5.50 million | +15.7% |
| 2005 | 6.64 million | +20.7% |
| 2006 | 7.88 million | +18.7% |
| 2007 | 9.99 million | +26.8% |
| 2008 | 14.79 million | +48.0% |
| 2009 | 10.09 million | -31.8% |
| 2010 | 7.90 million | -21.7% |
| 2011 | 10.94 million | +38.4% |
| 2012 | 10.70 million | -2.2% |
| 2013 | 7.95 million | -25.7% |
| 2014 | 7.82 million | -1.5% |
| 2015 | 7.46 million | -4.6% |
| 2016 | 8.89 million | +19.0% |
| 2017 | 10.78 million | +21.3% |
| 2018 | 11.23 million | +4.2% |
| 2019 | 14.65 million | +30.5% |
| 2020 | 15.45 million | +5.5% |
| 2021 | 19.86 million | +28.6% |
Luxembourg compared with similar countries
- Luxembourg's 19.86 million is above the median for Europe & Central Asia, which is 1.21 million, 16.4× the median. (23 countries reporting)
- Luxembourg's 19.86 million is above the median for high income countries, which is 1.18 million, 16.8× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.23 million | 3.84 million | 14.79 million | 10 |
| 2010s | 9.83 million | 7.46 million | 14.65 million | 10 |
| 2020s | 17.65 million | 15.45 million | 19.86 million | 2 |
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 payment services (sent), direct debits and credit transfers in Luxembourg?
- Payment services (sent), direct debits and credit transfers in Luxembourg was 19.86 million in 2021, according to European Central Bank.
- What is the highest payment services (sent), direct debits and credit transfers recorded in Luxembourg?
- The highest recorded value was 19.86 million in 2021.
- What is the lowest payment services (sent), direct debits and credit transfers recorded in Luxembourg?
- The lowest recorded value was 3.84 million in 2000.
- How does Luxembourg rank for payment services (sent), direct debits and credit transfers?
- Luxembourg ranks 5th out of 24 countries with data for 2021.
- Is payment services (sent), direct debits and credit transfers rising or falling in Luxembourg?
- Over the last ten years it is up 81.6%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from European Central Bank, published as part of Payment services (sent), direct debits and credit transfers (Euro, Euro). Statizoid updates them automatically from the source API.
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