Luxembourg Current Account to GDP  1995-2017 | Data | Chart | Calendar

Luxembourg recorded a Current Account surplus of 4.70 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Luxembourg averaged 8.22 percent from 1995 until 2016, reaching an all time high of 12.60 percent in 2000 and a record low of 4.70 percent in 2016.

Luxembourg Current Account to GDP
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Luxembourg Trade Last Previous Highest Lowest Unit
Balance of Trade -0.41 -0.58 -0.03 -1.04 EUR Billion [+]
Exports 0.94 1.06 1.18 0.35 EUR Billion [+]
Imports 1.35 1.63 1.97 0.39 EUR Billion [+]
Current Account 462.40 1522.60 1878.30 -1208.90 EUR Million [+]
Current Account to GDP 4.70 5.10 12.60 4.70 percent [+]
External Debt 3647945.81 3494194.97 3647945.81 0.00 EUR Million [+]
Capital Flows -33.98 967.32 3149.90 -1556.40 EUR Million [+]
Remittances 16.00 19.00 25.00 6.00 EUR Million [+]
Gold Reserves 2.24 2.24 2.39 2.24 Tonnes [+]
Foreign Direct Investment -22.15 -29813.30 206230.30 -36368.10 EUR Million [+]

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



Luxembourg Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Luxembourg Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.70 5.10 12.60 4.70 1995 - 2016 percent Yearly



current account to gdp by Country

Last
Switzerland 11.50 Dec/15
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/15
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16