Exports of Services (BoP, USD) in Luxembourg

Exports of services as a part of balance of payment reached 104 USD bil in 2017 in Luxembourg, according to the National Statistical Office. This is 5.77 % more than in the previous year.

Historically, exports of services as a part of balance of payment in Luxembourg reached an all time high of 104 USD bil in 2017 and an all time low of 10.6 USD bil in 1995. When compared to Luxembourg's main peers, exports of services as a part of balance of payment in Belgium amounted to 120 USD bil, 276 USD bil in France, 309 USD bil in Germany and 170 USD bil in Netherlands in 2017.

Luxembourg has been ranked 18th within the group of 156 countries we follow in terms of exports of services as a part of balance of payment, 2 places above the position seen 10 years ago.

Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.

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