Luxembourg Current Account Balance: % of GDP
Luxembourg Current Account surplus accounted for 1.3 % of the country's Nominal GDP in Sep 2020, compared with a 2.8 % surplus in the previous quarter. Luxembourg Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1995 to Sep 2020, with an average value of 6.8 %. The data reached an all-time high of 20.7 % in Dec 2013 and a record low of -13.1 % in Mar 2013. CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Central Bank of Luxembourg provides Current Account Balance in EUR. The Portal of Statistics of Luxembourg provides Nominal GDP in EUR.
In the latest reports of Luxembourg, Current Account recorded a surplus of 246.1 USD mn in Sep 2020. Foreign Direct Investment (FDI) fell by 41.2 USD bn in Sep 2020. Luxembourg Direct Investment Abroad fell by 15.0 USD bn in Sep 2020. Its Foreign Portfolio Investment increased by 89.5 USD bn in Sep 2020. The country's Nominal GDP was reported at 17.4 USD bn in Mar 2020.
View Luxembourg's Current Account Balance: % of GDP from Mar 1995 to Sep 2020 in the chart:
What was Luxembourg's Current Account Balance: % of GDP in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1.3 Sep 2020 | 2.8 Jun 2020 | -13.1 Mar 2013 | 20.7 Dec 2013 | % | quarterly | Mar 1995 - Sep 2020 |
Current Account Balance: % of GDP by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -5.8 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Algeria (%) | -9.6 Jun 2019 | quarterly | Mar 2007 - Jun 2019 |
| Argentina (%) | 1.3 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
| Armenia (%) | -1.9 Sep 2020 | quarterly | Dec 1994 - Sep 2020 |
| Australia (%) | 2.1 Sep 2020 | quarterly | Sep 1959 - Sep 2020 |
| Austria (%) | 3.5 Sep 2020 | quarterly | Mar 1970 - Sep 2020 |
| Azerbaijan (%) | 6.1 Mar 2020 | quarterly | Mar 2013 - Mar 2020 |
| Bahrain (%) | 3.3 2014 | yearly | 1997 - 2014 |
| Bangladesh (%) | -1.6 2020 | yearly | 1998 - 2020 |
| Belarus (%) | 3.8 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 1.4 Mar 2020 | quarterly | Dec 2009 - Mar 2020 |
| Tax Revenue (USD mn) | 19,859.482 2019 | yearly | 1995 - 2019 |
| Tax Revenue: % of GDP (%) | 27.9 2019 | yearly | 1995 - 2019 |
| National Government Debt (USD mn) | 19,408.7 Sep 2020 | quarterly | Dec 1995 - Sep 2020 |
| Government Debt: % of GDP (%) | 22.3 Mar 2020 | quarterly | Dec 1997 - Mar 2020 |
| Forecast: Government Expenditure (EUR bn) | 34.942 2025 | yearly | 1995 - 2025 |
| Forecast: Government Net Debt (EUR bn) | 22.446 2025 | yearly | 1995 - 2025 |
| Forecast: Government Revenue (EUR bn) | 34.943 2025 | yearly | 1995 - 2025 |
| General Government Debt: Consolidated (EUR mn) | 16,556.100 Sep 2020 | quarterly | Dec 1995 - Sep 2020 |
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