Secondary income balance (credit less debit), Net (credits less) in Luxembourg
Luxembourg: Secondary income balance (credit less debit), Net (credits less) was -479.99 million in 2024. ◆ Volatile
Secondary income balance (credit less debit), Net (credits less) in Luxembourg, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Luxembourg stood at -479.99 million.
Compared with earlier readings it is up 17.4% on the previous year and down 373.1% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Luxembourg peaked at 1.18 billion in 2015 and was at its lowest, -669.92 million, in 2022.
Luxembourg ranks 157th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income balance (credit less debit), Net (credits less) in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -27.45 million | — |
| 2006 | 96.22 million | -450.6% |
| 2007 | 337.37 million | +250.6% |
| 2008 | 147.56 million | -56.3% |
| 2009 | -256.06 million | -273.5% |
| 2010 | 81.15 million | -131.7% |
| 2011 | -153.14 million | -288.7% |
| 2012 | -450.41 million | +194.1% |
| 2013 | 175.29 million | -138.9% |
| 2014 | 175.73 million | +0.2% |
| 2015 | 1.18 billion | +569.0% |
| 2016 | 1.00 billion | -14.6% |
| 2017 | -325.52 million | -132.4% |
| 2018 | -477.37 million | +46.6% |
| 2019 | 232.67 million | -148.7% |
| 2020 | 14.95 million | -93.6% |
| 2021 | 192.83 million | +1189.8% |
| 2022 | -669.92 million | -447.4% |
| 2023 | -581.35 million | -13.2% |
| 2024 | -479.99 million | -17.4% |
Luxembourg compared with similar countries
- Luxembourg's -479.99 million is below the median for high income countries, which is -347.77 million, 1.4× the median. (72 countries reporting)
- Luxembourg's -479.99 million is below the median for Europe & Central Asia, which is -31.75 million, 15.1× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 59.53 million | -256.06 million | 337.37 million | 5 |
| 2010s | 143.75 million | -477.37 million | 1.18 billion | 10 |
| 2020s | -304.70 million | -669.92 million | 192.83 million | 5 |
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 secondary income balance (credit less debit), net (credits less) in Luxembourg?
- Secondary income balance (credit less debit), net (credits less) in Luxembourg was -479.99 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Luxembourg?
- The highest recorded value was 1.18 billion in 2015.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Luxembourg?
- The lowest recorded value was -669.92 million in 2022.
- How does Luxembourg rank for secondary income balance (credit less debit), net (credits less)?
- Luxembourg ranks 157th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Luxembourg?
- Over the last ten years it is down 373.1%. The long-run trend across the full record is volatile.
- Where does this Luxembourg data come from?
- The figures come from International Monetary Fund, published as part of Secondary 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.