Canada vs Luxembourg: Services, Debit/Expenditure
Canada
160.06 billion
in 2024
Luxembourg
116.58 billion
in 2024
Canada rank
15th
Luxembourg rank
18th
Services, Debit/Expenditure over time
- Canada
- Luxembourg
How they compare
Canada currently reports 160.06 billion against 116.58 billion in Luxembourg, a difference of 43.48 billion.
That makes Canada's figure about 1.4 times Luxembourg's.
The two have swapped places 2 times across 20 shared years of data; in 2005 it was Canada ahead.
Canada ranks 15th and Luxembourg ranks 18th of 198 countries.
Canada has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Canada | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 78.78 billion | 36.36 billion | 42.42 billion | Canada |
| 2010s | 112.00 billion | 68.06 billion | 43.94 billion | Canada |
| 2020s | 136.92 billion | 118.13 billion | 18.79 billion | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, debit/expenditure, Canada or Luxembourg?
- Canada, at 160.06 billion against 116.58 billion in Luxembourg as of 2024.
- What is the difference in services, debit/expenditure between Canada and Luxembourg?
- 43.48 billion, with Canada ahead.
- How many years of comparable data are there for Canada and Luxembourg?
- 20 years are reported by both, from 2005 to 2024.
- How do Canada and Luxembourg rank globally for services, debit/expenditure?
- Canada ranks 15th and Luxembourg ranks 18th of 198 countries.
- Where does this data come from?
- International Monetary Fund, published as Services, Debit/Expenditure (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.