Exports in Luxembourg
In the decade leading up to 2022, Luxembourg's economy recorded an average growth rate of 4.3% in exports, which is above the Euro Area's average of 3.8%. In 2022, Luxembourg's exports growth was at -0.6%. For more exports information, visit our dedicated page.
Luxembourg Exports Chart
Note: This chart displays Exports (G&S, ann. var. %) for Luxembourg from 2021 to 2020.
Source: Macrobond.
Luxembourg Exports Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Exports (G&S, ann. var. %) | 4.5 | 0.2 | 12.2 | -0.6 | -1.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Luxembourg exports projections for the next ten years from a panel of 4 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 exports forecast available for Luxembourg exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Luxembourg exports projections.
Want to get access to the full dataset of Luxembourg exports forecasts? Send an email to info@focus-economics.com.