Primary income balance (credit less debit), Net (credits less debits) in Luxembourg
Luxembourg: Primary income balance (credit less debit), Net (credits less debits) was -31.14 billion in 2024. ▼ Falling
Primary income balance (credit less debit), Net (credits less debits) in Luxembourg, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, primary income balance (credit less debit), net (credits less debits) in Luxembourg stood at -31.14 billion. That is the lowest value across all 20 years on record.
The figure is down 14.5% on the previous year and down 24.9% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Luxembourg peaked at -7.47 billion in 2005 and was at its lowest, -31.14 billion, in 2024.
That places Luxembourg 187th out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Primary income balance (credit less debit), Net (credits less debits) in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -7.47 billion | — |
| 2006 | -11.48 billion | +53.6% |
| 2007 | -14.01 billion | +22.1% |
| 2008 | -14.61 billion | +4.3% |
| 2009 | -15.01 billion | +2.8% |
| 2010 | -16.01 billion | +6.6% |
| 2011 | -17.49 billion | +9.3% |
| 2012 | -18.87 billion | +7.9% |
| 2013 | -22.74 billion | +20.5% |
| 2014 | -24.93 billion | +9.6% |
| 2015 | -23.35 billion | -6.4% |
| 2016 | -23.62 billion | +1.2% |
| 2017 | -21.01 billion | -11.1% |
| 2018 | -19.48 billion | -7.3% |
| 2019 | -19.31 billion | -0.9% |
| 2020 | -25.06 billion | +29.8% |
| 2021 | -29.31 billion | +17.0% |
| 2022 | -24.95 billion | -14.9% |
| 2023 | -27.20 billion | +9.0% |
| 2024 | -31.14 billion | +14.5% |
Luxembourg compared with similar countries
- Luxembourg's -31.14 billion is below the median for high income countries, which is -896.13 million, 34.8× the median. (72 countries reporting)
- Luxembourg's -31.14 billion is below the median for Europe & Central Asia, which is -972.80 million, 32.0× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -12.52 billion | -15.01 billion | -7.47 billion | 5 |
| 2010s | -20.68 billion | -24.93 billion | -16.01 billion | 10 |
| 2020s | -27.53 billion | -31.14 billion | -24.95 billion | 5 |
Countries ranked near Luxembourg
- 184 Russia -27.27 billion compare
- 185 Switzerland -30.25 billion compare
- 186 Poland -30.80 billion compare
- 188 United Kingdom -32.02 billion compare
- 189 Indonesia -35.87 billion compare
- 190 United States -41.03 billion compare
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 primary income balance (credit less debit), net (credits less debits) in Luxembourg?
- Primary income balance (credit less debit), net (credits less debits) in Luxembourg was -31.14 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Luxembourg?
- The highest recorded value was -7.47 billion in 2005.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Luxembourg?
- The lowest recorded value was -31.14 billion in 2024.
- How does Luxembourg rank for primary income balance (credit less debit), net (credits less debits)?
- Luxembourg ranks 187th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Luxembourg?
- Over the last ten years it is down 24.9%. The long-run trend across the full record is falling.
- Where does this Luxembourg data come from?
- The figures come from International Monetary Fund, published as part of Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.