Services, Debit/Expenditure in Luxembourg
Luxembourg: Services, Debit/Expenditure was 116.58 billion in 2024. β² Rising
Services, Debit/Expenditure in Luxembourg, 2005β2024
Source: International Monetary Fund.
Analysis
In 2024, services, debit/expenditure in Luxembourg stood at 116.58 billion.
The figure is down 10.2% on the previous year and up 61.6% over ten years.
Over the whole period, services, debit/expenditure in Luxembourg peaked at 129.86 billion in 2023 and was at its lowest, 27.37 billion, in 2005.
Luxembourg ranks 18th of 198 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.36 billion | 27.37 billion | 42.02 billion | 5 |
| 2010s | 68.06 billion | 43.15 billion | 93.36 billion | 10 |
| 2020s | 118.13 billion | 99.10 billion | 129.86 billion | 5 |
Countries ranked near Luxembourg
More trade data for Luxembourg
- Total current account debit/expenditure, Debit/Expenditure 573.77 billion (2024)
- Goods, Debit/Expenditure 29.37 billion (2024)
- Primary income, Debit/Expenditure 411.42 billion (2024)
- Secondary income, Debit/Expenditure 16.40 billion (2024)
- Total capital account debit/expenditure, Debit/Expenditure 358.43 million (2024)
- Milking, dairy machinery (trade) β Import Value 8,358 1000 USD (2008)
- Nominal effective exchange rate (NEER), Index (2010=100) Advanced 98.89 (2025)
- CO2 emissions embodied in gross exports, Metric ton of COβ equivalent 17.28 (2021)
- CO2 emissions embodied in gross exports, Trade balance on CO2 -2.08 (2021)
- CO2 emissions embodied in gross imports, Metric ton of COβ equivalent 19.36 (2021)
Frequently asked questions
- What is services, debit/expenditure in Luxembourg?
- Services, debit/expenditure in Luxembourg was 116.58 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Luxembourg?
- The highest recorded value was 129.86 billion in 2023.
- What is the lowest services, debit/expenditure recorded in Luxembourg?
- The lowest recorded value was 27.37 billion in 2005.
- How does Luxembourg rank for services, debit/expenditure?
- Luxembourg ranks 18th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Luxembourg?
- Over the last ten years it is up 61.6%. 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, Debit/Expenditure (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.