Services, Debit/Expenditure in Luxembourg

Luxembourg: Services, Debit/Expenditure was 116.58 billion in 2024. β–² Rising

Latest (2024)
116.58 billion
Change on year
down 10.2%
World rank
18th
of 198 countries
All-time high
129.86 billion
in 2023
All-time low
27.37 billion
in 2005
Years of data
20
2005–2024

Services, Debit/Expenditure in Luxembourg, 2005–2024

25.0B50.0B75.0B100.0B125.0B2005201420242005: 27.4B2006: 34.2B2007: 41.9B2008: 42.0B2009: 36.3B2010: 43.1B2011: 49.9B2012: 54.3B2013: 63.3B2014: 72.2B2015: 69.1B2016: 69.2B2017: 78.5B2018: 87.7B2019: 93.4B2020: 99.1B2021: 125.0B2022: 120.1B2023: 129.9B2024: 116.6B

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

DecadeAverage LowestHighest 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

  1. 15 Canada 160.06 billion compare
  2. 16 Sweden 126.12 billion compare
  3. 17 Denmark 125.46 billion compare
  4. 19 Spain 111.35 billion compare
  5. 20 Australia 109.20 billion compare
  6. 21 Brazil 103.24 billion compare

See the full ranking of 207 places β†’

More trade data for Luxembourg

All data for Luxembourg β†’

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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Services, Debit/Expenditure in Luxembourg. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/services-debit-expenditure-us-dollar/luxembourg/

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About this data

Indicator
Services, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

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.