Current Account Balance in Luxembourg
The current account balance averaged4.1% of GDP in the decade to 2024, with a reading of6.9% of GDP in 2024. For more current account information, visit our dedicated page.
Luxembourg Current Account Chart
Note: This chart displays Current Account Balance (% of GDP) for Luxembourg from 2021 to 2020.
Source: Macrobond.
Luxembourg Current Account Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Current Account Balance (% of GDP) | 4.9 | 6.4 | 6.5 | 5.6 | 6.9 |
| Current Account Balance (EUR bn) | 3.2 | 4.7 | 5.0 | 4.5 | 5.9 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Luxembourg current account projections for the next ten years from a panel of 9 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable current account forecast available for Luxembourg current account.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Luxembourg current account projections.
Want to get access to the full dataset of Luxembourg current account forecasts? Send an email to info@focus-economics.com.