Luxembourg Trade to GDP Ratio 1970-2024

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 2023 was 394.22%, a 5.71% increase from 2022.
  • Luxembourg trade to gdp ratio for 2022 was 388.51%, a 4.63% decline from 2021.
  • Luxembourg trade to gdp ratio for 2021 was 393.14%, a 20.87% increase from 2020.
  • Luxembourg trade to gdp ratio for 2020 was 372.27%, a 10.08% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Luxembourg 394.22%
Hong Kong 351.59%
Malta 314.00%
Singapore 311.24%
Ireland 234.75%
Seychelles 183.07%
Slovak Republic 181.53%
Cyprus 179.62%
Belgium 174.30%
Slovenia 161.33%
Netherlands 158.82%
Hungary 157.30%
Estonia 156.16%
Lithuania 153.15%
Macao 142.00%
Czech Republic 138.92%
Switzerland 138.22%
Brunei 136.56%
Latvia 131.97%
Denmark 128.45%
Austria 116.12%
Croatia 109.92%
Poland 109.54%
Sweden 103.57%
Puerto Rico 101.73%
Greece 94.66%
Portugal 94.05%
Germany 90.11%
South Korea 87.94%
Iceland 86.79%
Bahamas 82.70%
Finland 82.35%
Norway 79.65%
Spain 73.79%
Italy 68.73%
France 67.58%
Canada 67.46%
United Kingdom 65.59%
Saudi Arabia 62.13%
Chile 60.97%
Israel 58.00%
Uruguay 51.73%
Australia 48.08%
Argentina 26.97%
Luxembourg Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 394.22% 5.71%
2022 388.51% -4.63%
2021 393.14% 20.87%
2020 372.27% -10.08%
2019 382.35% 19.92%
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%