Merchandise trade as a share of GDP rose 4.90% to 49.6% in Luxembourg in 2021, according to the National Statistical Office.
Historically, merchandise trade as a share of GDP in Luxembourg reached an all time high of 117% in 2006 and an all time low of 47.3% in 2020. When compared to Luxembourg's main peers, merchandise trade as a share of GDP in Belgium amounted to 178%, 43.9% in France, 71.6% in Germany and 157% in Netherlands in 2021.
Luxembourg has been ranked 107th within the group of 165 countries we follow in terms of merchandise trade as a share of GDP, 57 places below the position seen 10 years ago.
| Merchandise Trade (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Austria | % | 80.8% | 78.3% | 82.4% | 83.2% | 81.7% | ||||||||||||||||
| Belgium | % | 167% | 163% | 167% | 170% | 163% | ||||||||||||||||
| Denmark | % | 59.8% | 57.8% | 58.9% | 59.5% | 60.4% | ||||||||||||||||
| France | % | 44.2% | 43.2% | 44.5% | 45.1% | 44.9% | ||||||||||||||||
| Germany | % | 70.8% | 68.9% | 70.7% | 71.6% | 70.0% | ||||||||||||||||
| Italy | % | 47.3% | 46.3% | 49.0% | 50.3% | 50.4% | ||||||||||||||||
| Luxembourg | % | 67.3% | 60.5% | 58.8% | 57.2% | 58.3% | ||||||||||||||||
| Netherlands | % | 141% | 137% | 147% | 150% | 148% | ||||||||||||||||
| Poland | % | 82.9% | 85.8% | 89.2% | 90.4% | 89.2% | ||||||||||||||||
| Spain | % | 49.7% | 48.7% | 51.1% | 51.9% | 50.7% | ||||||||||||||||
| United Kingdom | % | 37.3% | 38.8% | 40.3% | 40.3% | 40.5% |
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