Total factoring volume to GDP in Luxembourg
Luxembourg: Total factoring volume to GDP was 0.6% in 2020. ▼ Falling
Total factoring volume to GDP in Luxembourg, 2007–2020
Source: Factors Chain International. Measured in %.
Analysis
The most recent figure for total factoring volume to gdp in Luxembourg is 0.6%, measured in 2020.
Compared with earlier readings it is up 6.0% on the previous year and down 28.9% over ten years.
Over the whole period, total factoring volume to gdp in Luxembourg peaked at 1.6% in 2008 and was at its lowest, 0.4%, in 2011.
Luxembourg ranks 58th of 73 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Total factoring volume to GDP in Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 1.3% | — |
| 2008 | 1.6% | +19.4% |
| 2009 | 0.9% | -40.0% |
| 2010 | 0.8% | -15.3% |
| 2011 | 0.4% | -47.8% |
| 2012 | 0.7% | +66.9% |
| 2013 | 0.9% | +30.6% |
| 2014 | 0.6% | -31.5% |
| 2015 | 0.6% | +2.7% |
| 2016 | 0.6% | -7.9% |
| 2017 | 0.6% | +7.9% |
| 2018 | 0.5% | -13.8% |
| 2019 | 0.5% | -2.2% |
| 2020 | 0.6% | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | 0.9% | 1.6% | 3 |
| 2010s | 0.6% | 0.4% | 0.9% | 10 |
| 2020s | 0.6% | 0.6% | 0.6% | 1 |
Countries ranked near Luxembourg
More financial sector data for Luxembourg
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 1.87 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0003 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 48.89 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.3299 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,913 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 4.31 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 3,247 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 4.15 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,243 SDR per person (2025)
- Total reserves (gold at national valuation) 2.23 billion SDR (2025)
Frequently asked questions
- What is total factoring volume to gdp in Luxembourg?
- Total factoring volume to gdp in Luxembourg was 0.6% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in Luxembourg?
- The highest recorded value was 1.6% in 2008.
- What is the lowest total factoring volume to gdp recorded in Luxembourg?
- The lowest recorded value was 0.4% in 2011.
- How does Luxembourg rank for total factoring volume to gdp?
- Luxembourg ranks 58th out of 73 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in Luxembourg?
- Over the last ten years it is down 28.9%. The long-run trend across the full record is falling.
- Where does this Luxembourg data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
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About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.