Current account balance — all countries

Current account balance — Luxembourg

Current account balance in Luxembourg in 2031 — 5%. Ranked 25 in the world out of 188. Since 1995, the indicator has fallen by 7 pp.

2031 5% +0.1 pp vs 2030
World rank 25of 188
Period maximum 12.7%2000
Period minimum 3.9%2013

Trend over time

1995–2031 · % of GDP

Current account balance — Luxembourg, 1995–203105101519951999200320072011201520192023202720311995: 12%1996: 11.6%1997: 10%1998: 8.6%1999: 10.8%2000: 12.7%2001: 8.3%2002: 7.6%2003: 7.1%2004: 7.1%2005: 6.9%2006: 6.6%2007: 6.5%2008: 6.1%2009: 5.8%2010: 5.8%2011: 5.6%2012: 5%2013: 3.9%2014: 4.1%2015: 5.6%2016: 7.4%2017: 6.4%2018: 8.3%2019: 8.5%2020: 4.7%2021: 5%2022: 5.4%2023: 6.8%2024: 4.3%2025: 4.7%2026: 4.5%2027: 4.7%2028: 4.9%2029: 4.9%2030: 4.9%2031: 5%
Change over the period: −7 pp Annual average: -0.19 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Luxembourg

Luxembourg 5%
World computed 0.28%
Europe & Central Asia computed 1.53%
Western Europe computed 3.4%
High-income countries computed 0.13%
Current account balance — Luxembourg, by year Luxembourg All countries CSV XLSX
Year % Change, pp
2031 5 +0.1 pp
2030 4.9 +0 pp
2029 4.9 +0 pp
2028 4.9 +0.2 pp
2027 4.7 +0.2 pp
2026 4.5 −0.2 pp
2025 4.7 +0.4 pp
2024 4.3 −2.5 pp
2023 6.8 +1.4 pp
2022 5.4 +0.4 pp
2021 5 +0.3 pp
2020 4.7 −3.8 pp
2019 8.5 +0.2 pp
2018 8.3 +1.9 pp
2017 6.4 −1 pp
2016 7.4 +1.8 pp
2015 5.6 +1.5 pp
2014 4.1 +0.2 pp
2013 3.9 −1.1 pp
2012 5 −0.6 pp
2011 5.6 −0.2 pp
2010 5.8 +0 pp
2009 5.8 −0.3 pp
2008 6.1 −0.4 pp
2007 6.5 −0.1 pp
2006 6.6 −0.3 pp
2005 6.9 −0.2 pp
2004 7.1 +0 pp
2003 7.1 −0.5 pp
2002 7.6 −0.7 pp
2001 8.3 −4.4 pp
2000 12.7 +1.9 pp
1999 10.8 +2.2 pp
1998 8.6 −1.4 pp
1997 10 −1.6 pp
1996 11.6 −0.4 pp
1995 12

Western Europe, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.