Luxembourg Current Account Balance: % of GDP

1995 - 2023 | Quarterly | % | CEIC Data

Key information about Luxembourg Current Account Balance: % of GDP

  • Luxembourg Current Account surplus accounted for 6.7 % of the country's Nominal GDP in Jun 2023, compared with a 4.6 % surplus in the previous quarter.
  • Luxembourg Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1995 to Jun 2023, with an average value of 7.3 %.
  • The data reached an all-time high of 22.6 % in Jun 2019 and a record low of -11.9 % in Dec 2019.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. Banque Centrale du Luxembourg provides Current Account Balance in EUR. The Statistics Portal of Luxembourg provides Nominal GDP in EUR.


Key information about Luxembourg Current Account Balance: % of GDP

  • In the latest reports of Luxembourg, Current Account recorded a surplus of 1.5 USD bn in Jun 2023.
  • Foreign Direct Investment (FDI) fell by 108.0 USD bn in Jun 2023.
  • Luxembourg Direct Investment Abroad fell by 82.8 USD bn in Jun 2023.
  • Its Foreign Portfolio Investment increased by 6.6 USD bn in Jun 2023.
  • The country's Nominal GDP was reported at 22.0 USD bn in Mar 2023.

View Luxembourg's Current Account Balance: % of GDP from Mar 1995 to Jun 2023 in the chart:

Luxembourg Current Account Balance: % of GDP

What was Luxembourg's Current Account Balance: % of GDP in Jun 2023?

Luxembourg Current Account surplus accounted for 6.7 % of the country's Nominal GDP in Jun 2023, compared with a 4.6 % surplus in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
6.7 Jun 2023 4.6 Mar 2023 -11.9 Dec 2019 22.6 Jun 2019 % quarterly Mar 1995 - Jun 2023

Current Account Balance: % of GDP by Country Comparison

Buy Selected Data

Includes Current Account Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) -3.5 Jun 2023 quarterly Mar 2008 - Jun 2023
Algeria (%) 11.8 Dec 2022 quarterly Mar 2007 - Dec 2022
Argentina (%) -3.8 Jun 2023 quarterly Mar 2004 - Jun 2023
Armenia (%) -5.4 Jun 2023 quarterly Dec 1994 - Jun 2023
Australia (%) 1.2 Jun 2023 quarterly Sep 1959 - Jun 2023
Austria (%) 4.2 Mar 2023 quarterly Mar 1970 - Mar 2023
Azerbaijan (%) 10.1 Jun 2023 quarterly Mar 2013 - Jun 2023
Bahrain (%) 15.2 Dec 2022 quarterly Mar 2018 - Dec 2022
Bangladesh (%) -0.5 2023 yearly 1998 - 2023
Belarus (%) 1.2 Jun 2023 quarterly Mar 1996 - Jun 2023
Belgium (%) -1.4 Jun 2023 quarterly Mar 1995 - Jun 2023
Bolivia (%) -0.2 Jun 2023 quarterly Mar 1990 - Jun 2023
Bosnia and Herzegovina (%) -5.2 Jun 2023 quarterly Mar 2008 - Jun 2023
Botswana (%) 9.6 Jun 2023 quarterly Mar 2004 - Jun 2023
Brazil (%) -1.1 Sep 2023 quarterly Mar 1995 - Sep 2023
Brunei (%) -20.4 Dec 2020 quarterly Mar 2013 - Dec 2020
Bulgaria (%) -1.4 Sep 2023 quarterly Sep 1999 - Sep 2023
Cambodia (%) 5.2 Jun 2023 quarterly Mar 2010 - Jun 2023
Canada (%) -0.9 Jun 2023 quarterly Mar 1957 - Jun 2023
Chile (%) -5.7 Sep 2023 quarterly Mar 1996 - Sep 2023
China (%) 1.4 Sep 2023 quarterly Mar 1998 - Sep 2023
Colombia (%) -3.0 Jun 2023 quarterly Mar 1996 - Jun 2023
Croatia (%) -2.9 Jun 2023 quarterly Mar 1995 - Jun 2023
Cyprus (%) -4.8 Jun 2023 quarterly Mar 2008 - Jun 2023
Czech Republic (%) -1.6 Jun 2023 quarterly Mar 1995 - Jun 2023
Denmark (%) 12.4 Jun 2023 quarterly Mar 1990 - Jun 2023
Ecuador (%) 3.0 Jun 2023 quarterly Mar 1993 - Jun 2023
Egypt (%) 1.3 Dec 2022 quarterly Sep 2001 - Dec 2022
Estonia (%) 0.3 Mar 2023 quarterly Mar 2000 - Mar 2023
European Union (%) 1.8 Jun 2023 quarterly Mar 1999 - Jun 2023
Finland (%) 1.6 Sep 2023 quarterly Mar 1990 - Sep 2023
France (%) -1.8 Sep 2023 quarterly Mar 1997 - Sep 2023
Georgia (%) -4.8 Jun 2023 quarterly Mar 1996 - Jun 2023
Germany (%) 7.2 Sep 2023 quarterly Mar 1991 - Sep 2023
Ghana (%) 1.0 Jun 2023 quarterly Mar 2006 - Jun 2023
Greece (%) -7.7 Jun 2023 quarterly Mar 2000 - Jun 2023
Hong Kong SAR, China (%) 7.1 Jun 2023 quarterly Mar 1999 - Jun 2023
Hungary (%) 1.0 Jun 2023 quarterly Mar 1995 - Jun 2023
Iceland (%) 0.7 Jun 2023 quarterly Mar 1995 - Jun 2023
India (%) -1.1 Jun 2023 quarterly Jun 2004 - Jun 2023
Indonesia (%) 0.9 Mar 2023 quarterly Mar 1993 - Mar 2023
Iran (%) 0.6 2023 yearly 1997 - 2023
Ireland (%) 12.6 Jun 2023 quarterly Mar 1995 - Jun 2023
Israel (%) 4.4 Jun 2023 quarterly Mar 1995 - Jun 2023
Italy (%) -0.4 Jun 2023 quarterly Mar 1980 - Jun 2023
Ivory Coast (%) -6.3 2022 yearly 1975 - 2022
Japan (USD mn) 14,232.0 Apr 2023 monthly Jan 1996 - Apr 2023
Jordan (%) -6.6 Jun 2023 quarterly Mar 1992 - Jun 2023
Kazakhstan (%) -6.2 Jun 2023 quarterly Dec 1997 - Jun 2023
Kenya (%) -2.3 Mar 2023 quarterly Mar 2009 - Mar 2023
South Korea (USD mn) 2,621.9 Sep 2023 monthly Jan 1980 - Sep 2023
Kosovo (%) -14.2 Jun 2023 quarterly Mar 2010 - Jun 2023
Kuwait (%) 0.5 Dec 2020 quarterly Mar 2012 - Dec 2020
Kyrgyzstan (%) -64.3 Mar 2023 quarterly Mar 2000 - Mar 2023
Laos (%) -0.1 2022 yearly 1984 - 2022
Latvia (%) -4.1 Jun 2023 quarterly Mar 1995 - Jun 2023
Lebanon (%) -4.4 2020 yearly 2002 - 2020
Lithuania (%) -0.3 Jun 2023 quarterly Mar 1993 - Jun 2023
Luxembourg (%) 6.7 Jun 2023 quarterly Mar 1995 - Jun 2023
Macau SAR, China (%) 5.6 2022 yearly 2002 - 2022
North Macedonia (%) -3.5 Jun 2023 quarterly Mar 2000 - Jun 2023
Malawi (%) -14.2 2021 yearly 1977 - 2021
Malaysia (%) 2.0 Sep 2023 quarterly Mar 2000 - Sep 2023
Malta (%) -0.1 Jun 2023 quarterly Mar 1995 - Jun 2023
Mauritius (%) -3.0 Mar 2023 quarterly Mar 2007 - Mar 2023
Mexico (%) 0.6 Sep 2023 quarterly Mar 1993 - Sep 2023
Moldova (%) -10.5 Jun 2023 quarterly Mar 1995 - Jun 2023
Mongolia (%) 4.8 Sep 2023 quarterly Mar 2000 - Sep 2023
Montenegro (%) -16.5 Jun 2023 quarterly Mar 2010 - Jun 2023
Morocco (%) -2.3 Jun 2023 quarterly Mar 2014 - Jun 2023
Mozambique (%) -34.2 2022 yearly 1980 - 2022
Nepal (%) -1.3 2023 yearly 2001 - 2023
Netherlands (%) 8.9 Jun 2023 quarterly Mar 1987 - Jun 2023
New Zealand (%) -6.5 Jun 2023 quarterly Jun 1987 - Jun 2023
Nigeria (%) 1.8 Dec 2022 quarterly Mar 2008 - Dec 2022
Norway (%) 16.2 Sep 2023 quarterly Mar 1981 - Sep 2023
Oman (%) -4.9 2021 yearly 1980 - 2021
Pakistan (%) -0.7 2023 yearly 1977 - 2023
Palestinian Territory (%) -16.1 Mar 2023 quarterly Mar 2011 - Mar 2023
Panama (%) -16.7 Sep 2022 quarterly Mar 2007 - Sep 2022
Paraguay (%) 4.0 Jun 2023 quarterly Mar 2000 - Jun 2023
Peru (%) 0.1 Sep 2023 quarterly Mar 1990 - Sep 2023
Philippines (%) -4.3 Mar 2023 quarterly Mar 1981 - Mar 2023
Poland (%) 0.7 Jun 2023 quarterly Mar 2000 - Jun 2023
Portugal (%) 0.9 Jun 2023 quarterly Mar 1996 - Jun 2023
Qatar (%) 17.1 Jun 2023 quarterly Mar 2011 - Jun 2023
Romania (%) -6.6 Jun 2023 quarterly Mar 1995 - Jun 2023
Russia (%) 2.0 Jun 2023 quarterly Mar 1994 - Jun 2023
Saudi Arabia (%) 5.9 Jun 2023 quarterly Mar 2006 - Jun 2023
Serbia (%) -2.5 Jun 2023 quarterly Mar 2007 - Jun 2023
Singapore (%) 18.2 Sep 2023 quarterly Mar 1986 - Sep 2023
Slovakia (%) 1.0 Jun 2023 quarterly Mar 1997 - Jun 2023
Slovenia (%) 4.2 Sep 2023 quarterly Mar 1995 - Sep 2023
South Africa (%) -2.3 Jun 2023 quarterly Mar 1960 - Jun 2023
Spain (%) 3.3 Sep 2023 quarterly Mar 1980 - Sep 2023
Sri Lanka (%) 0.5 Jun 2023 quarterly Mar 2002 - Jun 2023
Sudan (%) -8.5 2021 yearly 1977 - 2021
Sweden (%) 4.3 Jun 2023 quarterly Mar 1980 - Jun 2023
Switzerland (%) 10.1 Jun 2023 quarterly Mar 1983 - Jun 2023

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Luxembourg Key Series

Buy Selected Data

Includes 201 key indicators for Luxembourg, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.3 2022 yearly 1995 - 2022
Tax Revenue (USD mn) 22,155.719 2022 yearly 1995 - 2022
Tax Revenue: % of GDP (%) 27.2 2022 yearly 1995 - 2022
National Government Debt (USD mn) 24,357.3 Jun 2023 quarterly Dec 1995 - Jun 2023
Government Debt: % of GDP (%) 28.2 Jun 2023 quarterly Dec 1997 - Jun 2023
Forecast: Government Expenditure (EUR bn) 47.258 2028 yearly 1995 - 2028
Forecast: Government Net Debt (EUR bn) 31.235 2028 yearly 1995 - 2028
Forecast: Government Revenue (EUR bn) 46.559 2028 yearly 1995 - 2028
General Government Debt: Consolidated (EUR mn) 22,305.200 Jun 2023 quarterly Dec 1995 - Jun 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.400 2028 yearly 1987 - 2028
Trade Balance (USD mn) -778.9 Aug 2023 monthly Jan 1988 - Aug 2023
Total Exports (USD mn) 1,404.5 Aug 2023 monthly Jan 1988 - Aug 2023
Total Exports Growth (%) -7.4 Aug 2023 monthly Jan 1989 - Aug 2023
Aluminum: Exports (USD th) 550,690.388 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 88,440.139 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 30,283.048 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,183.3 Aug 2023 monthly Jan 1988 - Aug 2023
Total Imports Growth (%) -10.8 Apr 2023 monthly Jan 1989 - Apr 2023
Imports: Medicament (USD th) 475,818.281 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 147,812.953 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 38.843 Aug 2023 monthly Jan 1988 - Aug 2023
Total Imports from USA (USD mn) 57.004 Sep 2023 monthly Jan 1988 - Sep 2023
Total Exports to China (USD mn) 14.924 Jul 2023 monthly Jan 1997 - Jul 2023
Total Imports from China (USD mn) 297.361 2022 yearly 1993 - 2022
Trade Balance: sa (EUR mn) -560.935 Sep 2023 monthly Jan 1988 - Sep 2023
Exports (EUR mn) 1,193.011 Aug 2023 monthly Jan 1988 - Aug 2023
Imports: sa (EUR mn) 1,812.974 Sep 2023 monthly Jan 1988 - Sep 2023
Exports: sa (EUR mn) 1,252.040 Sep 2023 monthly Jan 1988 - Sep 2023
Exports: Other Manufactured Goods (EUR mn) 195.954 Aug 2023 monthly Jan 1988 - Aug 2023
Exports: Chemicals and Related Products (EUR mn) 152.155 Aug 2023 monthly Jan 1988 - Aug 2023
Exports: Base Metal Products (EUR mn) 180.084 Aug 2023 monthly Jan 1988 - Aug 2023
Exports: Machinery and Equipment (EUR mn) 241.061 Aug 2023 monthly Jan 1988 - Aug 2023
Exports: Transport Equipment (EUR mn) 151.266 Aug 2023 monthly Jan 1988 - Aug 2023
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 171.533 Aug 2023 monthly Jan 1988 - Aug 2023
Exports: America: ow United States of America (EUR mn) 35.603 Aug 2023 monthly Jan 1988 - Aug 2023
Exports: Asia: ow Japan (EUR mn) 8.227 Aug 2023 monthly Jan 1988 - Aug 2023
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 322.388 Sep 2023 monthly Jan 1988 - Sep 2023
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 147.638 Aug 2023 monthly Jan 1988 - Aug 2023
Exports: European Union (EUR mn) 1,024.303 Sep 2023 monthly Jan 1988 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -82,801.5 Jun 2023 quarterly Mar 2002 - Jun 2023
Current Account Balance (USD mn) 1,467.3 Jun 2023 quarterly Mar 1995 - Jun 2023
Current Account Balance: % of GDP (%) 6.7 Jun 2023 quarterly Mar 1995 - Jun 2023
Foreign Direct Investment (USD mn) -108,008.6 Jun 2023 quarterly Mar 2002 - Jun 2023
Foreign Direct Investment: % of GDP (%) -494.0 Jun 2023 quarterly Mar 2002 - Jun 2023
Foreign Portfolio Investment (USD mn) 6,599.896 Jun 2023 quarterly Mar 2002 - Jun 2023
Foreign Portfolio Investment: % of GDP (%) 30.2 Jun 2023 quarterly Mar 2002 - Jun 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 11,095.9 Jun 2023 quarterly Mar 2002 - Jun 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -4,497.614 Jun 2023 quarterly Mar 2002 - Jun 2023
External Debt (USD mn) 3,800,897.3 Jun 2023 quarterly Dec 2002 - Jun 2023
External Debt: % of GDP (%) 4,521.9 2022 yearly 2002 - 2022
External Debt: Short Term (USD mn) 1,009,851.8 Jun 2023 quarterly Dec 2002 - Jun 2023
External Debt: Short Term: % of GDP (%) 1,179.5 2022 yearly 2002 - 2022
Total Debt: % of GDP (%) 7,180.3 Jun 2023 quarterly Dec 1995 - Jun 2023
Forecast: Current Account Balance (USD bn) 4.708 2028 yearly 1995 - 2028
Net International Investment Position (USD mn) 37,432.660 Jun 2023 quarterly Dec 2002 - Jun 2023
BoP: FA: DI: Liabilities (EUR mn) -99,186.745 Jun 2023 quarterly Mar 2002 - Jun 2023
BoP: Financial Account (FA) (EUR mn) 1,364.919 Jun 2023 quarterly Mar 2002 - Jun 2023
BoP: FA: OI: Liabilities (EUR mn) -13,072.614 Jun 2023 quarterly Mar 2002 - Jun 2023
BoP: CA: Secondary Income (EUR mn) 181.845 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: FA: Other Investment (OI): Assets (EUR mn) -38,313.294 Jun 2023 quarterly Mar 2002 - Jun 2023
BoP: FA: Portfolio Investment (PI): Assets (EUR mn) 14,721.251 Jun 2023 quarterly Mar 2002 - Jun 2023
BoP: CA: Services (EUR mn) 6,492.510 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: Errors & Omissions (EUR mn) -1.054 Jun 2023 quarterly Mar 2002 - Jun 2023
BoP: CA: Goods (EUR mn) -320.774 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: FA: Direct Investment (DI): Assets (EUR mn) -76,038.508 Jun 2023 quarterly Mar 2002 - Jun 2023
BoP: FA: Reserve Assets (EUR mn) -16.886 Jun 2023 quarterly Mar 2002 - Jun 2023
BoP: Current Account (CA) (EUR mn) 1,347.424 Jun 2023 quarterly Mar 1995 - Jun 2023
BoP: FA: PI: Liabilities (EUR mn) 6,060.836 Jun 2023 quarterly Mar 2002 - Jun 2023
BoP: FA: Financial Derivatives (EUR mn) -5,186.167 Jun 2023 quarterly Mar 2002 - Jun 2023
BoP: Capital Account (EUR mn) 18.549 Jun 2023 quarterly Mar 1995 - Jun 2023
International Investment Position (IIP): Net (EUR mn) 34,278.993 Jun 2023 quarterly Dec 2002 - Jun 2023
IIP: Assets (EUR mn) 11,604,940.238 Jun 2023 quarterly Dec 2002 - Jun 2023
IIP: Liabilities (EUR mn) 11,570,661.246 Jun 2023 quarterly Dec 2002 - Jun 2023
Gross External Debt: General Government: Long Term (EUR mn) 10,939.577 Jun 2023 quarterly Dec 2002 - Jun 2023
Gross External Debt (EUR mn) 3,480,675.191 Jun 2023 quarterly Dec 2002 - Jun 2023
Gross External Debt: General Government: Short Term (EUR mn) 0.000 Jun 2023 quarterly Dec 2002 - Jun 2023
Gross External Debt: General Government (EUR mn) 10,939.577 Jun 2023 quarterly Dec 2002 - Jun 2023
Number of Enterprises: NACE 2: New (Unit) 3,178.000 2020 yearly 2003 - 2020
Number of Enterprises: NACE 2: Active (Unit) 40,997.000 2020 yearly 2003 - 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Household Debt: % of GDP (%) 69.6 Jun 2023 quarterly Dec 1995 - Jun 2023
Money Supply M1 (USD mn) 296,140.321 Sep 2023 monthly Jan 1999 - Sep 2023
Money Supply M2 (USD mn) 390,549.601 Sep 2023 monthly Jan 1999 - Sep 2023
M2 Growth (%) -9.4 Sep 2023 monthly Jan 2000 - Sep 2023
Reserve Requirement Ratio (%) 1.0 Nov 2023 monthly Jan 1999 - Nov 2023
Foreign Exchange Reserves (USD mn) 226.3 Oct 2023 monthly Jan 1999 - Oct 2023
Foreign Exchange Reserves: % of GDP (%) 0.264 Jun 2023 quarterly Mar 1999 - Jun 2023
Foreign Exchange Reserves: Months of Import (NA) 0.1 Aug 2023 monthly Jan 1999 - Aug 2023
Gold Reserves (USD mn) 143.810 Oct 2023 monthly Jan 1999 - Oct 2023
Total Deposits (USD mn) 824,841.922 Sep 2023 quarterly Mar 2003 - Sep 2023
Total Deposits Growth (%) -9.0 Sep 2023 quarterly Mar 2004 - Sep 2023
Domestic Credit (USD mn) 154,284.4 Jul 2023 monthly Jan 1999 - Jul 2023
Domestic Credit Growth (%) -3.8 Jul 2023 monthly Jan 2000 - Jul 2023
Credit to Households (USD bn) 57.105 Mar 2023 quarterly Mar 1995 - Mar 2023
Credit to Private Non-Financial Sector (USD bn) 310.952 Mar 2023 quarterly Mar 1995 - Mar 2023
Household Debt (USD mn) 57,107.4 Mar 2023 quarterly Mar 1995 - Mar 2023
Total Loans (USD mn) 722,103.809 Sep 2023 monthly Jan 2001 - Sep 2023
Total Loans Growth (%) -8.39 Sep 2023 monthly Jan 2002 - Sep 2023
Private Debt: % of Nominal GDP (%) 95.99 Mar 2023 quarterly Mar 1999 - Mar 2023
Money Supply: M3 (EUR bn) 463.800 Sep 2023 monthly Jan 1999 - Sep 2023
Money Supply: M3: M2 (EUR bn) 369.000 Sep 2023 monthly Jan 1999 - Sep 2023
Money Supply: M3: M2: M1 (EUR bn) 279.800 Sep 2023 monthly Jan 1999 - Sep 2023
Money Supply: M3: M2: M1: Currency in Circulation (EUR bn) 3.600 Mar 2019 monthly Jan 1999 - Mar 2019
Official Reserve Assets: Foreign Exchange (EUR mn) 214.174 Oct 2023 monthly Jan 1999 - Oct 2023
Official Reserve Assets (EUR mn) 2,779.584 Oct 2023 monthly Jan 1999 - Oct 2023
Bank Deposits: Domestic (EUR mn) 310,663.100 Sep 2023 monthly Jan 2003 - Sep 2023
Bank Loans: Domestic: Credit Institutions (EUR mn) 177,134.090 Sep 2023 monthly Jan 1999 - Sep 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 3.5 Oct 2023 monthly Jan 1986 - Oct 2023

More Indicators for Luxembourg

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data