Luxembourg - External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Luxembourg was 20,062,670,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 20,141,750,000 in 2019 and a minimum value of 1,162,954,000 in 1971.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 1,420,562,000
1971 1,162,954,000
1972 1,440,251,000
1973 1,862,630,000
1974 2,522,406,000
1975 1,465,442,000
1976 1,460,596,000
1977 1,946,322,000
1978 1,613,471,000
1979 2,086,811,000
1980 1,502,869,000
1981 1,219,224,000
1982 1,213,178,000
1983 1,699,253,000
1984 2,441,161,000
1985 2,928,377,000
1986 3,178,155,000
1987 2,763,489,000
1988 3,156,517,000
1989 4,086,066,000
1990 4,413,729,000
1991 4,829,009,000
1992 6,087,861,000
1993 6,290,756,000
1994 6,967,754,000
1995 7,356,885,000
1996 7,453,012,000
1997 7,854,900,000
1998 8,813,718,000
1999 9,501,008,000
2000 11,165,150,000
2001 11,705,700,000
2002 12,327,130,000
2003 12,284,650,000
2004 13,482,210,000
2005 14,201,110,000
2006 16,806,260,000
2007 19,207,010,000
2008 17,600,510,000
2009 17,476,470,000
2010 16,909,010,000
2011 16,110,770,000
2012 16,272,960,000
2013 17,362,340,000
2014 17,197,120,000
2015 17,617,320,000
2016 19,895,300,000
2017 18,972,880,000
2018 19,976,240,000
2019 20,141,750,000
2020 20,062,670,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts