Luxembourg Trade to GDP Ratio 1970-2023

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Luxembourg trade to gdp ratio for 2022 was 384.48%, a 3.64% decline from 2021.
  • Luxembourg trade to gdp ratio for 2021 was 388.12%, a 22.9% increase from 2020.
  • Luxembourg trade to gdp ratio for 2020 was 365.22%, a 12.63% decline from 2019.
  • Luxembourg trade to gdp ratio for 2019 was 377.84%, a 15.42% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Luxembourg 384.48%
Hong Kong 383.79%
Singapore 336.86%
Malta 324.63%
Ireland 236.57%
Seychelles 233.07%
Slovak Republic 203.89%
Belgium 193.07%
Hungary 184.85%
Cyprus 183.42%
Macao 183.09%
Slovenia 179.13%
Lithuania 177.10%
Netherlands 175.85%
Estonia 171.57%
Czech Republic 149.78%
Brunei 146.97%
Latvia 146.50%
Switzerland 137.67%
Denmark 128.00%
Croatia 125.92%
Poland 122.32%
Austria 120.13%
Greece 106.92%
Sweden 102.75%
Portugal 102.64%
Germany 98.62%
Puerto Rico 98.11%
South Korea 96.78%
Iceland 93.36%
Finland 92.54%
Norway 83.00%
Spain 81.69%
Bahamas 80.20%
Bermuda 78.29%
Italy 75.84%
Chile 75.02%
France 72.14%
United Kingdom 68.92%
Canada 67.26%
Saudi Arabia 63.13%
Israel 60.53%
Uruguay 57.19%
Australia 45.75%
Argentina 32.08%
Luxembourg Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 384.48% -3.64%
2021 388.12% 22.90%
2020 365.22% -12.63%
2019 377.84% 15.42%
2018 362.42% 8.63%
2017 353.79% 5.36%
2016 348.44% -2.69%
2015 351.13% 17.70%
2014 333.43% 12.90%
2013 320.53% 8.75%
2012 311.79% 3.07%
2011 308.71% 15.04%
2010 293.67% 30.14%
2009 263.53% -28.68%
2008 292.21% -15.27%
2007 307.49% 1.61%
2006 305.88% 21.80%
2005 284.08% 18.85%
2004 265.23% 20.25%
2003 244.98% -5.71%
2002 250.69% -20.08%
2001 270.77% -1.65%
2000 272.41% 32.49%
1999 239.92% 3.35%
1998 236.57% 24.48%
1997 212.09% 16.45%
1996 195.64% 6.09%
1995 189.54% 3.76%
1994 185.79% 4.38%
1993 181.40% -1.14%
1992 182.55% -6.12%
1991 188.66% 0.85%
1990 187.81% -3.20%
1989 191.01% 2.09%
1988 188.92% 1.49%
1987 187.43% -1.10%
1986 188.53% -18.04%
1985 206.57% 11.22%
1984 195.35% 19.72%
1983 175.63% 0.69%
1982 174.94% 3.43%
1981 171.51% -1.61%
1980 173.12% -0.20%
1979 173.32% 11.44%
1978 161.88% -3.49%
1977 165.37% -0.83%
1976 166.20% -9.88%
1975 176.09% -3.98%
1974 180.07% 17.97%
1973 162.10% 6.37%
1972 155.73% -12.49%
1971 168.22% 7.38%
1970 160.84% 7.38%