Flag of lu

Luxembourg Trade (% GDP)

Luxembourg's trade (% GDP) fell to 398.23% in 2024, down from 404.46% in 2023, according to World Bank. This represents a decrease of 6.23% from the previous year. Luxembourg has the highest trade (% GDP), followed by San Marino and Hong Kong.

Yearly Historical Data (1970-2024)

(in %)
Year Trade (% GDP)
2024 398.23%
2023 404.46%
2022 412.18%
2021 397.51%
2020 375.58%
2019 382.66%
2018 361.87%
2017 353.79%
2016 348.44%
2015 351.13%
2014 333.43%
2013 320.53%
2012 311.79%
2011 308.71%
2010 293.67%
2009 263.53%
2008 292.21%
2007 307.49%
2006 305.88%
2005 284.08%
2004 265.23%
2003 244.98%
2002 250.69%
2001 270.77%
2000 272.41%
1999 239.92%
1998 236.57%
1997 212.09%
1996 195.64%
1995 189.54%
1994 185.79%
1993 181.4%
1992 182.55%
1991 188.66%
1990 187.81%
1989 191.01%
1988 188.92%
1987 187.43%
1986 188.53%
1985 206.57%
1984 195.35%
1983 175.63%
1982 174.94%
1981 171.51%
1980 173.12%
1979 173.32%
1978 161.88%
1977 165.37%
1976 166.2%
1975 176.09%
1974 180.07%
1973 162.1%
1972 155.73%
1971 168.22%
1970 160.84%
Luxembourg Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Luxembourg divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $15.64B $16.37B 2024
Annual Imports $24.91B $26.09B 2024
Balance of Trade -€0.9B -€0.9B Aug'25
Exports €1.4B €1.3B Jul'25
Exports (% GDP) 215.5% 217.77% 2024
FDI Inflows (% GDP) -71.72% -444.71% 2023
Imports €2.3B €1.9B Jul'25
Imports (% GDP) 182.73% 186.69% 2024
Net Trade (Goods & Services, BoP) $42.17B $38.48B 2024