Luxembourg Current Account Balance (% GDP) Statistics

15, Nov 2019, EST.

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Country or Region: Luxembourg › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Luxembourg indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Luxembourg , Year 2015 - In Detail

Current Account Balance (% GDP) for Luxembourg in year 2015 is 5.225 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

This makes Luxembourg No. 19 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Luxembourg is 9.35 more than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Luxembourg was 5.51 % Current Account Balance (% GDP) for Luxembourg in 2015 was or will be 5.21% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Luxembourg was or will be 5.15 %, which is 1.45% less than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Luxembourg, in other Years
Year %
  2021 5.008
  2020 5.007
  2019 5.003
  2018 5.015
  2017 5.042
  2016 5.149
2015 5.225
  2014 5.512
  2013 5.675
  2012 6.072
  2011 6.183
  2010 6.778
  2009 7.354
  2008 7.674
  2007 9.843
  2006 10.021
  2005 11.092
  2004 11.923
  2003 6.562
  2002 9.456
  2001 8.4
  2000 12.537
  1999 10.672
  1998 8.476
  1997 9.884
  1996 11.458
  1995 11.908
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a