Net domestic credit in Luxembourg
Luxembourg: Net domestic credit was 139.06 billion current LCU in 2023. ▲ Rising
Net domestic credit in Luxembourg, 2001–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, net domestic credit in Luxembourg stood at 139.06 billion current LCU.
That represents a change of down 6.2% on the previous year and up 58.9% over ten years.
Over the whole period, net domestic credit in Luxembourg peaked at 148.31 billion current LCU in 2022 and was at its lowest, 23.47 billion current LCU, in 2002.
That places Luxembourg 124th out of 186 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.91 billion current LCU | 23.47 billion current LCU | 72.39 billion current LCU | 9 |
| 2010s | 99.66 billion current LCU | 87.53 billion current LCU | 119.62 billion current LCU | 10 |
| 2020s | 134.37 billion current LCU | 120.73 billion current LCU | 148.31 billion current LCU | 4 |
Countries ranked near Luxembourg
More financial sector data for Luxembourg
- Domestic credit to private sector 85.1% (2024)
- Claims on central government, etc. -2.4% (2024)
- Monetary Sector credit to private sector 85.1% (2024)
- Net foreign assets 379.93 billion current LCU (2023)
- Total reserves in months of imports 0.0635 (2025)
- Net migration 5,237 (2025)
- Domestic credit to private sector by banks 93.2% (2023)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- GDP deflator: linked series 129.81 base year varies by country (2025)
- Inflation, GDP deflator: linked series 3.2% (2025)
Frequently asked questions
- What is net domestic credit in Luxembourg?
- Net domestic credit in Luxembourg was 139.06 billion current LCU in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Luxembourg?
- The highest recorded value was 148.31 billion current LCU in 2022.
- What is the lowest net domestic credit recorded in Luxembourg?
- The lowest recorded value was 23.47 billion current LCU in 2002.
- How does Luxembourg rank for net domestic credit?
- Luxembourg ranks 124th out of 186 countries with data for 2023.
- Is net domestic credit rising or falling in Luxembourg?
- Over the last ten years it is up 58.9%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.