Total current account debit/expenditure, Debit/Expenditure in Luxembourg
Luxembourg: Total current account debit/expenditure, Debit/Expenditure was 573.77 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Luxembourg, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for total current account debit/expenditure, debit/expenditure in Luxembourg is 573.77 billion, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 2.1% on the previous year and up 34.0% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Luxembourg peaked at 573.77 billion in 2024 and was at its lowest, 160.09 billion, in 2005.
That places Luxembourg 19th out of 197 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.
Total current account debit/expenditure, Debit/Expenditure in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 160.09 billion | — |
| 2006 | 204.15 billion | +27.5% |
| 2007 | 254.11 billion | +24.5% |
| 2008 | 297.77 billion | +17.2% |
| 2009 | 222.63 billion | -25.2% |
| 2010 | 245.36 billion | +10.2% |
| 2011 | 327.42 billion | +33.4% |
| 2012 | 354.41 billion | +8.2% |
| 2013 | 411.24 billion | +16.0% |
| 2014 | 428.27 billion | +4.1% |
| 2015 | 410.08 billion | -4.2% |
| 2016 | 428.12 billion | +4.4% |
| 2017 | 445.44 billion | +4.0% |
| 2018 | 519.83 billion | +16.7% |
| 2019 | 498.69 billion | -4.1% |
| 2020 | 432.98 billion | -13.2% |
| 2021 | 480.40 billion | +11.0% |
| 2022 | 482.65 billion | +0.5% |
| 2023 | 562.05 billion | +16.5% |
| 2024 | 573.77 billion | +2.1% |
Luxembourg compared with similar countries
- Luxembourg's 573.77 billion is above the median for high income countries, which is 79.74 billion, 7.2× the median. (72 countries reporting)
- Luxembourg's 573.77 billion is above the median for Europe & Central Asia, which is 105.62 billion, 5.4× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 227.75 billion | 160.09 billion | 297.77 billion | 5 |
| 2010s | 406.88 billion | 245.36 billion | 519.83 billion | 10 |
| 2020s | 506.37 billion | 432.98 billion | 573.77 billion | 5 |
Countries ranked near Luxembourg
More trade data for Luxembourg
- Commodity Net Export Price Index, Individual Commodities Weighted by 121.8 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.92 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 110.96 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.33 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 80.1 (2025)
- Imports of low carbon technology products, Percent of GDP 1.85 (2024)
- Imports of low carbon technology products, US dollar (World), per 2,555 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0185 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 736.17 million (2024)
Frequently asked questions
- What is total current account debit/expenditure, debit/expenditure in Luxembourg?
- Total current account debit/expenditure, debit/expenditure in Luxembourg was 573.77 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Luxembourg?
- The highest recorded value was 573.77 billion in 2024.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Luxembourg?
- The lowest recorded value was 160.09 billion in 2005.
- How does Luxembourg rank for total current account debit/expenditure, debit/expenditure?
- Luxembourg ranks 19th out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Luxembourg?
- Over the last ten years it is up 34.0%. 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 Total current account debit/expenditure, 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.