Current account surplus in Luxembourg rose sharply to EUR 1,382 million in the third quarter of 2018 from EUR 398 million in the corresponding period of the previous year. The services surplus advanced to EUR 5,512 million from EUR 5,233 million a year earlier and the secondary income surplus increased to EUR 241 million from EUR 230 million. In addition, the goods account recorded a surplus of EUR 8 million, compared to a EUR 1,239 million deficit in the third quarter of 2017. Current Account in Luxembourg averaged 606.17 EUR Million from 1995 until 2018, reaching an all time high of 3148.90 EUR Million in the third quarter of 2015 and a record low of -2073.70 EUR Million in the second quarter of 2015.

Current Account in Luxembourg is expected to be -470.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Luxembourg to stand at 1370.00 in 12 months time. In the long-term, the Luxembourg Current Account is projected to trend around 1400.00 EUR Million in 2020, according to our econometric models.

Luxembourg Current Account
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-03-23 09:45 AM Current Account €1045M €2638M €1220M
2018-06-21 09:50 AM Current Account €607M €1045M €-480M
2018-09-21 09:05 AM Current Account €-897.4M €2503.5M €-370M
2018-12-21 10:35 AM Current Account €1382M €-601M €2800M
2019-03-25 09:30 AM Current Account €1382M € 1500M
2019-06-21 09:50 AM Current Account € -470M
2019-09-20 09:05 AM Current Account € -400M


Luxembourg Trade Last Previous Highest Lowest Unit
Balance of Trade -0.67 -0.60 -0.03 -1.06 EUR Billion [+]
Current Account 1381.90 -601.30 3148.90 -2073.70 EUR Million [+]
Current Account to GDP 4.90 5.10 12.60 4.90 percent [+]
Imports 1.60 1.70 2.00 0.36 EUR Billion [+]
Exports 0.97 1.13 1.20 0.33 EUR Billion [+]
External Debt 3767762.78 3769888.02 3928297.76 678052.57 EUR Million [+]
Capital Flows 1677.40 -697.45 3149.90 -2377.10 EUR Million [+]
Gold Reserves 2.20 2.20 2.39 2.20 Tonnes [+]
Foreign Direct Investment -20838.80 -4127.60 264624.90 -239461.50 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Luxembourg Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Luxembourg Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Luxembourg Current Account - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1381.90 -601.30 3148.90 -2073.70 1995 - 2018 EUR Million Quarterly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -7203.00 Dec/18
Brazil -6548.40 Jan/19
Canada -15483.00 Dec/18
China 546.00 Dec/18
Euro Area 9.33 Jan/19
France 898.00 Jan/19
Germany 18328.50 Jan/19
India -19100.00 Sep/18
Indonesia -9148.00 Dec/18
Italy 3.00 Jan/19
Japan 600.40 Jan/19
Mexico -3424.00 Dec/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 2772.30 Jan/19
Spain 4670.00 Dec/18
Switzerland 14596.00 Sep/18
Turkey -813.00 Jan/19
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


Related

Latest