Luxembourg - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Luxembourg was 33.09 as of 2020. Its highest value over the past 50 years was 33.76 in 2016, while its lowest value was 3.55 in 1981.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 18.74
1971 9.86
1972 11.72
1973 18.38
1974 27.29
1975 10.75
1976 11.84
1977 10.12
1978 7.38
1979 10.38
1980 5.73
1981 3.55
1982 4.88
1983 6.69
1984 8.89
1985 12.55
1986 11.99
1987 7.51
1988 9.15
1989 12.62
1990 11.61
1991 10.55
1992 14.65
1993 16.33
1994 18.49
1995 19.41
1996 20.33
1997 20.35
1998 18.82
1999 19.95
2000 22.88
2001 21.64
2002 22.03
2003 20.72
2004 22.24
2005 23.57
2006 29.60
2007 31.67
2008 30.78
2009 32.32
2010 31.75
2011 30.26
2012 30.64
2013 32.23
2014 32.14
2015 32.54
2016 33.76
2017 31.70
2018 32.71
2019 30.86
2020 33.09

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts