Services, Credit/Revenue in Luxembourg
Luxembourg: Services, Credit/Revenue was 150.40 billion in 2024. ▲ Rising
Services, Credit/Revenue in Luxembourg, 2005–2024
Source: International Monetary Fund.
Analysis
Luxembourg recorded 150.40 billion for services, credit/revenue in 2024.
The figure is down 7.4% on the previous year and up 53.7% over ten years.
Over the whole period, services, credit/revenue in Luxembourg peaked at 162.41 billion in 2023 and was at its lowest, 41.74 billion, in 2005.
That places Luxembourg 16th out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Credit/Revenue in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 41.74 billion | — |
| 2006 | 51.95 billion | +24.4% |
| 2007 | 62.49 billion | +20.3% |
| 2008 | 64.40 billion | +3.1% |
| 2009 | 57.00 billion | -11.5% |
| 2010 | 62.76 billion | +10.1% |
| 2011 | 71.46 billion | +13.9% |
| 2012 | 76.28 billion | +6.7% |
| 2013 | 87.30 billion | +14.5% |
| 2014 | 97.83 billion | +12.1% |
| 2015 | 93.53 billion | -4.4% |
| 2016 | 94.29 billion | +0.8% |
| 2017 | 101.72 billion | +7.9% |
| 2018 | 111.53 billion | +9.6% |
| 2019 | 116.69 billion | +4.6% |
| 2020 | 125.40 billion | +7.5% |
| 2021 | 158.30 billion | +26.2% |
| 2022 | 150.76 billion | -4.8% |
| 2023 | 162.41 billion | +7.7% |
| 2024 | 150.40 billion | -7.4% |
Luxembourg compared with similar countries
- Luxembourg's 150.40 billion is above the median for high income countries, which is 24.52 billion, 6.1× the median. (72 countries reporting)
- Luxembourg's 150.40 billion is above the median for Europe & Central Asia, which is 24.52 billion, 6.1× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 55.52 billion | 41.74 billion | 64.40 billion | 5 |
| 2010s | 91.34 billion | 62.76 billion | 116.69 billion | 10 |
| 2020s | 149.45 billion | 125.40 billion | 162.41 billion | 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 services, credit/revenue in Luxembourg?
- Services, credit/revenue in Luxembourg was 150.40 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Luxembourg?
- The highest recorded value was 162.41 billion in 2023.
- What is the lowest services, credit/revenue recorded in Luxembourg?
- The lowest recorded value was 41.74 billion in 2005.
- How does Luxembourg rank for services, credit/revenue?
- Luxembourg ranks 16th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Luxembourg?
- Over the last ten years it is up 53.7%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from International Monetary Fund, published as part of Services, Credit/Revenue (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.