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Balance of payments of Luxembourg for the first half of 2019
30-09-2019 | STATEC | BCL


The Central Bank of Luxembourg (BCL) and STATEC inform that, according to preliminary results, the current account for the first half of 2019 showed a surplus of 1.4 billion euros, almost the same level than during the same period of the previous year. The increase in both goods and services balances offset the drop in primary and secondary income balances.

Due to a significant increase in net exports under merchanting (+ 24%), the goods deficit decreased by 527 million euros, to settle at -439 million in the first half of 2019.