Economic Trivia

Financial sector accounts for 27% of GDP.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2016): Germany, Belgium, and France
Top 3 Exported Goods (2016): Industrial Machinery, Iron & Steel, and Plastics

Top Industries Source: CIA World Factbook

Banking and Financial Services; Iron and Steel; Information Technology; Telecommunications

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $59,592,086,210 (2016)
GDP Growth Rate (annual %) 3.083% (2016)
GDP Per Capita, PPP (current international) $102,389 (2016)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 104/195 (2016)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 0.299% (2016)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 20.5% (2017)
Real Interest Rate (5 year average %) 7.423% (1998)
Manufacturing, value added (% of GDP) 5.584% (2016)
Current Account Balance (BoP, current US$) $2,893,899,977 (2016)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 284,789 (2017)
Employment in Agriculture (% of total employment) 1.013% (2017)
Employment in Industry (% of total employment) 11.897% (2017)
Employment in Services (% of total employment) 87.09% (2017)
Unemployment Rate 5.693% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $109,150,025,203 (2016)
Exports of goods and services (current US$) $129,732,227,625 (2016)
Total Merchandise Trade (% of GDP) 63.868% (2016)
FDI, net inflows (BoP, current US$) $26,857,367,248 (2016)
Commercial Service Exports (current US$) $95,430,423,991 (2016)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Luxembourg’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank