Exports of services as a part of balance of payment rose 22.6% to USD 148 bil in Luxembourg in 2021, according to the National Statistical Office.
Historically, exports of services as a part of balance of payment in Luxembourg reached an all time high of USD 148 bil in 2021 and an all time low of USD 10.6 bil in 1995. When compared to Luxembourg's main peers, exports of services as a part of balance of payment in Belgium amounted to USD 137 bil, USD 301 bil in France, USD 387 bil in Germany and USD 192 bil in Netherlands in 2021.
Luxembourg has been ranked 11th within the group of 140 countries we follow in terms of exports of services as a part of balance of payment, 7 places above the position seen 10 years ago.
Exports of Services (BoP, USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Austria | USD bil | 59.1 | 61.4 | 67.1 | 75.9 | 76.7 | ||||||||||||||||
Belgium | USD bil | ... | 109 | 109 | 118 | 124 | 124 | |||||||||||||||
Denmark | USD bil | 64.4 | 63.5 | 72.1 | 82.4 | 83.6 | ||||||||||||||||
France | USD bil | 256 | 259 | 275 | 302 | 296 | ||||||||||||||||
Germany | USD bil | 281 | 293 | 322 | 357 | 356 | ||||||||||||||||
Italy | USD bil | 98.3 | 101 | 113 | 123 | 122 | ||||||||||||||||
Luxembourg | USD bil | 93.5 | 94.1 | 101 | 109 | 113 | ||||||||||||||||
Netherlands | USD bil | 169 | 158 | 175 | 201 | 202 | ||||||||||||||||
Poland | USD bil | 44.1 | 48.7 | 57.9 | 68.1 | 70.2 | ||||||||||||||||
Spain | USD bil | 121 | 131 | 144 | 155 | 157 | ||||||||||||||||
United Kingdom | USD bil | 384 | 372 | 389 | 431 | 429 |