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 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.
  • Luxembourg trade to gdp ratio for 2018 was 362.42%, a 8.63% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Hong Kong 402.22%
Luxembourg 388.12%
Singapore 338.31%
Malta 287.67%
Ireland 229.45%
Slovak Republic 187.83%
Belgium 172.67%
Cyprus 170.31%
Macao 163.90%
Hungary 162.79%
Slovenia 160.92%
Estonia 156.96%
Lithuania 156.47%
Netherlands 155.70%
Seychelles 152.74%
Brunei 147.12%
Czech Republic 142.50%
Aruba 137.16%
Switzerland 130.85%
Latvia 130.37%
Poland 112.45%
Denmark 112.18%
Austria 111.22%
Faroe Islands 104.90%
Croatia 104.03%
Puerto Rico 96.67%
Oman 93.92%
Qatar 93.05%
Panama 92.70%
Greece 89.46%
Germany 88.74%
Sweden 86.69%
Portugal 86.17%
South Korea 80.49%
Finland 78.60%
Iceland 78.18%
Bermuda 72.23%
Norway 70.89%
Barbados 70.85%
Bahamas 69.63%
Spain 68.38%
Chile 64.43%
Italy 62.98%
Guam 62.93%
Canada 61.37%
France 60.84%
Saudi Arabia 59.12%
Uruguay 56.81%
United Kingdom 56.67%
Israel 54.96%
New Zealand 49.10%
Australia 39.87%
Japan 37.38%
Argentina 32.98%
United States 25.48%
Luxembourg Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
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%