Bank assets as a share of GDP reached 1,302 % in 2017 in Luxembourg, according to the National Central Bank. This is 7.58 % less than in the previous year.
Historically, bank assets as a share of GDP in Luxembourg reached an all time high of 3,033 % in 2001 and an all time low of 1,302 % in 2017. When compared to Luxembourg's main peers, bank assets as a share of GDP in Belgium amounted to 228 %, 355 % in France, 239 % in Germany and 324 % in Netherlands in 2017.
Luxembourg has been ranked 1st within the group of 113 countries we follow in terms of bank assets as a share of GDP.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.