National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Luxembourg
Annual
LUXEXPORTADSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163,801,880,000.00
Year-over-Year Change
137.42%
Date Range
1/1/1995 - 1/1/2022
Summary
The Annual trend measures total exports of goods and services from Luxembourg. This metric is a key indicator of Luxembourg's trade activity and economic integration with global markets.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Annual trend tracks the total value of all goods and services exported from Luxembourg over a one-year period. It reflects the country's production capacity, trade relationships, and participation in international supply chains.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
This metric is widely used by economists, policymakers, and investors to assess Luxembourg's economic performance and competitiveness.
Key Facts
- Luxembourg is one of the world's most open and trade-dependent economies.
- Exports account for over 200% of Luxembourg's GDP.
- Services make up over 80% of Luxembourg's total exports.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the total value of goods and services exported from Luxembourg over a one-year period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Luxembourg's trade activity, economic integration, and global competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Luxembourg's trade performance and guide policies affecting international commerce.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of several months.
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Citation
U.S. Federal Reserve, Annual (LUXEXPORTADSMEI), retrieved from FRED.