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General profile: Luxembourg

GENERAL INFORMATION FOR 2022
Exchange rate
Population
Population
Exchange rates
GDP
GDP
0.648 Millions
0.950 EUR/US$
83 204 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 2 574 km²
8.15 %
2.70 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+2.8 %
Merchandise exports growth rate in 2022
Total merchandise trade
(millions of US$)
2005
2010
2015
2022
Merchandise exports
18 797
19 748
17 139
17 274
Merchandise imports
21 893
25 092
23 289
26 528
Merchandise trade balance
-3 096
-5 344
-6 150
-9 254
Export structure by product group in 2022
(as % of total exports)
2 %2 %81 %81 %8 %8 %8 %8 %
Top 5 partners in 2022
(exports, millions of US$)
4 0252 5041 7471 1917704 0252 5041 7471 191770
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2022
Services exports
(e) 40 327
64 973
93 540
134 561
Services imports
(e) 26 185
43 379
67 674
111 326
Services trade balance
(e) 14 142
21 595
25 866
23 234
Services exports by main category²
(as % of total services)
2005
2010
2015
2022
Transport
6.4
5.5
5.4
13.5
Travel
11.4
8.7
6.0
4.0
Other services
82.0
85.7
88.5
82.4
TRADE INDICES
More data on UNCTADstat
787285838794100939094101109122127120135117103958888739593929496971009799100103106110109113114118120127134132133
ECONOMIC TRENDS
More data on UNCTADstat
+2.7 %
Gross domestic product growth rate in 2022
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
GDP, current
37 657
56 159
60 047
83 204
GDP per capita, current US$
81 008
110 752
105 456
128 481
Real GDP growth, y-on-y, %
2.48
3.76
2.27
2.70
Current account balance, % of GDP
6.93
5.82
4.86
3.68
Exchange rate (/US$)
0.804
0.754
0.901
0.950
GDP by expenditure in 2021
(as % of total GDP)
30.217.517.6211.4176.730.217.517.6211.4176.7
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
-318.4 %
FDI outflows as % of GDP in 2022
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
FDI inflows
4 644.77
39 128.53
45 432.15
-322 053.78
FDI outflows
8 211.02
23 252.72
31 919.45
-264 952.23
Personal remittances, % of GDP
3.16
2.97
2.79
..
Financial flows trends
(millions of US$)
2 273.42 190.52 041.42 098.21 907.51 739.91 675.21 888.11 921.61 717.91 810.61 669.61 676.31 661.61 479.31 293.51 188.81 112.3977.2770.6576.6578.5-322 05425 1239 839163 718-83 336-27 37017 58145 43220 06023 2992 8248 84339 12927 2557 117-29 67932 2204 6455 1804 291FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2022
Balance, % of GDP
(e) 26.19
37.76
45.17
28.09
Balance, % of imports
(e) 21.98
31.71
30.11
16.68
Normalized balance
(e) 0.099
0.137
0.131
0.077
Trade openness²
(sum of imports and exports as % of GDP)
365382360367354349336345326313304292276245274287285264
LIVING AREA
Population by living area in 2022
(% of population)
Urban 92%Urban 92%Rural 8%Rural 8%
OTHER INDICATORS
More data on UNCTADstat
0.064 %
Share of the total world merchant fleet in 2022
Maritime transport indicators
 
2005
2010
2015
2022
Merchant fleet, national flag (thousands of DWT)
919
1 100
3 622
1 399
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
..
..
..
Container port throughput (TEU)
..
..
..
..
Information economy indicators
(as % of)
2005
2010
2015
2022
Share of ICT goods, % of total exports
7.85
2.87
2.29
1.24
Share of ICT goods, % of total imports
8.36
4.93
4.25
3.25
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 21 September 2023