General profile: Luxembourg

GENERAL INFORMATION FOR 2020
Population
Population
Exchange rates
Exchange rate
GDP
GDP
0.626 Millions
0.876 EUR/US$
73 264 Millions current US$
Land area
Land area¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(n) 2 430 km²
0.00 %
-1.31 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-16.1 %
Merchandise exports growth rate in 2020
Total merchandise trade
(millions of US$)
2005
2010
2015
2020
Merchandise exports
18 797
19 748
17 139
13 803
Merchandise imports
21 893
25 092
23 289
20 929
Merchandise trade balance
-3 096
-5 344
-6 150
-7 126
Export structure by product group in 2020
(as % of total exports)
2 %2 %82 %82 %7 %7 %9 %9 %
Top 5 partners in 2020
(exports, millions of US$)
3 2642 3091 5958065333 2642 3091 595806533
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2020
Services exports
41 741
62 754
92 640
110 783
Services imports
27 369
43 157
66 713
86 542
Services trade balance
14 372
19 597
25 927
24 241
Services exports by main category²
(as % of total services)
2005
2010
2015
2020
Transport
6.2
5.7
5.5
5.5
Travel
11.0
9.1
6.0
4.3
Other services
82.6
85.2
88.3
90.0
TRADE INDICES
More data on UNCTADstat
7185838794100939094102109123127120135117103958888739392949697100979999103105109108112113117118125133130132
ECONOMIC TRENDS
More data on UNCTADstat
-1.3 %
Gross domestic product growth rate in 2020
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2020
GDP, current
37 346
53 212
57 744
73 264
GDP per capita, current US$
81 570
104 772
101 889
117 039
Real GDP growth, y-on-y, %
3.17
4.86
4.31
-1.31
Current account balance, % of GDP
6.99
6.14
5.11
4.09
Exchange rate (/US$)
0.804
0.754
0.901
0.876
GDP by expenditure in 2019
(as % of total GDP)
29.517.117.4208.8172.829.517.117.4208.8172.8
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+173.5 %
FDI outflows as % of GDP in 2020
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2020
FDI inflows
4 644.77
39 128.53
12 499.72
62 144.63
FDI outflows
8 211.02
23 252.72
17 313.88
127 086.51
Personal remittances, % of GDP
3.18
3.14
2.86
2.92
Financial flows trends
(millions of US$)
2 137.82 006.02 063.21 883.31 717.31 653.31 858.71 921.61 717.91 810.61 669.61 676.31 661.61 479.31 293.51 188.81 112.3977.2770.6576.6578.562 14514 792-16 757-6 81531 90012 50018 89316 00825 4978 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
2020
Balance, % of GDP
26.99
36.03
47.15
36.86
Balance, % of imports
21.88
28.76
30.55
24.55
Normalized balance
0.099
0.126
0.132
0.109
Trade openness²
(sum of imports and exports as % of GDP)
337363354356341356336328323298287255282288291274
LABOUR FORCE
Labour force by gender in 2020
(as % of total labour force, all sectors)
Male
55%Male 55%Female
45%Female 45%
OTHER INDICATORS
More data on UNCTADstat
0.066 %
Share of the total world merchant fleet in 2020
Maritime transport indicators
 
2005
2010
2015
2020
Merchant fleet, national flag (thousands of DWT)
919
1 100
3 622
1 360
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
..
..
..
Container port throughput (TEU)
..
..
..
..
Information economy indicators
(as % of)
2005
2010
2015
2020
Share of ICT goods, % of total exports
7.85
2.87
2.29
1.71
Share of ICT goods, % of total imports
8.36
4.93
4.25
4.31
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).
n
Estimated. Data refers to 2016.
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: 05 January 2022