Private Sector Credit Statistics in Luxembourg (2026)
Luxembourg recorded domestic credit to the private sector of 85.1% of GDP in 2024, World Bank World Development Indicators data show. Down from 93.2% of GDP in 2023 to 85.1% of GDP in 2024 (−8.1 percentage points). Luxembourg ranks #8 of 47 economies in Europe & Central Asia on this measure, and #27 of 160 globally.
Key Statistics
- Latest value (2024)
- 85.1% of GDP (2024)
- Private Sector Credit in Luxembourg as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −8.1 pp (2024)
- Down from 93.2% of GDP in 2023 to 85.1% of GDP in 2024 (−8.1 percentage points).
- Earliest value in this dataset (2001)
- 78.5% of GDP (2001)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 78.5% of GDP in 2001 to 85.1% of GDP in 2024.
- Peak value (2020)
- 110.2% of GDP (2020)
- Highest value in the available series; the 2024 value is 85.1% of GDP.
- Rank in Europe & Central Asia
- #8 of 47 (2024)
- Luxembourg ranks 8 of 47 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #27 of 160 (2024)
- Luxembourg ranks 27 of 160 countries with data globally.
- Europe & Central Asia average
- 57.3% of GDP (2024)
- Luxembourg (85.1% of GDP) is above the average of 57.3% of GDP across the 47 countries in Europe & Central Asia with data.
- Domestic credit to private sector by banks (% of GDP) (2023)
- 93.2% (2023)
- Related indicator from World Bank World Development Indicators.
- Outstanding loans from commercial banks, percent of GDP (2024)
- 81.8% (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in Luxembourg (2025)
- 99.1% (2025)
- 99.1% of the population in Luxembourg used the internet in 2025 (World Bank); shown for context only.
- Population (2024)
- 677,012 (2024)
- Luxembourg had a population of 677,012 in 2024 (World Bank); shown for scale only.
Trend, 2001–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 85.1% | −8.1 pp |
| 2023 | 93.2% | −9.3 pp |
| 2022 | 102.5% | −0.4 pp |
| 2021 | 103% | −7.2 pp |
| 2020 | 110.2% | +1.2 pp |
| 2019 | 109% | +3.5 pp |
| 2018 | 105.5% | +5.0 pp |
| 2017 | 100.5% | +4.2 pp |
| 2016 | 96.3% | +4.5 pp |
| 2015 | 91.8% | +5.5 pp |
| 2014 | 86.3% | −0.4 pp |
| 2013 | 86.7% | +3.1 pp |
| 2012 | 83.6% | −0.6 pp |
| 2011 | 84.2% | −1.9 pp |
| 2010 | 86.1% | −14.9 pp |
| 2009 | 101% | −0.2 pp |
| 2008 | 101.2% | +15.8 pp |
| 2007 | 85.3% | +10.6 pp |
| 2006 | 74.7% | +3.5 pp |
| 2005 | 71.3% | +5.3 pp |
| 2004 | 66% | −3.1 pp |
| 2003 | 69.1% | +1.6 pp |
| 2002 | 67.5% | −11.0 pp |
| 2001 | 78.5% | — |
Frequently asked questions
What is the latest figure for domestic credit to the private sector in Luxembourg?
Domestic credit to the private sector in Luxembourg stood at 85.1% of GDP in 2024, according to World Bank World Development Indicators data.
How has private sector credit in Luxembourg changed over time?
World Bank World Development Indicators data show a rise from 78.5% of GDP in 2001 to 85.1% of GDP in 2024.
How does Luxembourg compare with other countries in Europe & Central Asia?
Luxembourg ranks 8 of 47 countries in Europe & Central Asia with data, with 85.1% of GDP versus a regional average of 57.3% of GDP (latest values per country).
Where does Luxembourg rank globally on private sector credit?
Luxembourg ranks 27 of 160 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FS.AST.PRVT.GD.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .