Luxembourg - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Luxembourg was 47.35 as of 2020. Its highest value over the past 21 years was 116.81 in 2006, while its lowest value was 47.35 in 2020.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1999 88.68
2000 92.59
2001 103.28
2002 96.68
2003 99.31
2004 103.51
2005 110.76
2006 116.81
2007 98.79
2008 98.31
2009 85.68
2010 79.77
2011 80.60
2012 77.58
2013 69.22
2014 66.50
2015 67.30
2016 60.54
2017 58.80
2018 56.94
2019 58.00
2020 47.35

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade