Remittance Outflows Statistics in Luxembourg (2026)
According to World Bank World Development Indicators data, personal remittances paid in Luxembourg came to $18.7 billion in 2024. Up from $18.1 billion in 2023 to $18.7 billion in 2024. Luxembourg ranks #4 of 50 economies in Europe & Central Asia on this measure, and #8 of 181 globally.
Key Statistics
- Latest value (2024)
- $18.7 billion (2024)
- Remittance Outflows in Luxembourg as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +3.7% (2024)
- Up from $18.1 billion in 2023 to $18.7 billion in 2024.
- CAGR 1995–2024
- +7.6% per year (2024)
- Compound annual growth rate from $2.2 billion in 1995 to $18.7 billion in 2024.
- Earliest value in this dataset (1995)
- $2.2 billion (1995)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from $2.2 billion in 1995 to $18.7 billion in 2024.
- Record high (2024)
- $18.7 billion (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for Luxembourg.
- Rank in Europe & Central Asia
- #4 of 50 (2024)
- Luxembourg ranks 4 of 50 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #8 of 181 (2024)
- Luxembourg ranks 8 of 181 countries with data globally.
- Europe & Central Asia average
- $4.6 billion (2024)
- Luxembourg ($18.7 billion) is above the average of $4.6 billion across the 50 countries in Europe & Central Asia with data.
- Projected 2026 value
- $20.9 billion (2026)
- Projection based on 7-year trend (CAGR 5.7%); not an official figure.
- International migrant stock (% of population) (2024)
- 51.2% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Luxembourg (2025)
- 99.1% (2025)
- 99.1% of the population in Luxembourg used the internet in 2025 (World Bank); shown for context only.
- Population (2024)
- 677,012 (2024)
- Luxembourg had a population of 677,012 in 2024 (World Bank); shown for scale only.
Trend, 1995–2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 18.7B | +3.7% |
| 2023 | 18.1B | +12.5% |
| 2022 | 16.1B | −3.5% |
| 2021 | 16.7B | +16.7% |
| 2020 | 14.3B | +1.2% |
| 2019 | 14.1B | +0.4% |
| 2018 | 14B | +10.6% |
| 2017 | 12.7B | +8.7% |
| 2016 | 11.7B | +4.0% |
| 2015 | 11.2B | −13.0% |
| 2014 | 12.9B | +4.0% |
| 2013 | 12.4B | +8.4% |
| 2012 | 11.5B | −2.7% |
| 2011 | 11.8B | +10.5% |
| 2010 | 10.7B | −0.9% |
| 2009 | 10.8B | −2.6% |
| 2008 | 11B | +17.9% |
| 2007 | 9.4B | +22.8% |
| 2006 | 7.6B | +13.1% |
| 2005 | 6.7B | +11.7% |
| 2004 | 6B | +19.1% |
| 2003 | 5.1B | +24.5% |
| 2002 | 4.1B | +29.7% |
| 2001 | 3.1B | +15.4% |
| 2000 | 2.7B | +0.9% |
| 1999 | 2.7B | +9.6% |
| 1998 | 2.5B | +10.8% |
| 1997 | 2.2B | −3.7% |
| 1996 | 2.3B | +4.0% |
| 1995 | 2.2B | — |
Frequently asked questions
What is the latest figure for personal remittances paid in Luxembourg?
Personal remittances paid in Luxembourg stood at $18.7 billion in 2024, according to World Bank World Development Indicators data.
What could remittance outflows in Luxembourg look like in 2026?
A trend-based projection puts it at $20.9 billion in 2026. Projection based on 7-year trend (CAGR 5.7%); not an official figure.
How recent is the remittance outflows data for Luxembourg?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Luxembourg.
Where does the remittance outflows data for Luxembourg come from?
The data comes from the World Bank World Development Indicators (indicator BM.TRF.PWKR.CD.DT). The latest observation for Luxembourg is from 2024; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank, World Development Indicators, indicator
BM.TRF.PWKR.CD.DT, 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 .