Luxembourg - Pharmaceutical Industry Trade Balance
Since 2013, Luxembourg Pharmaceutical Industry Trade Balance was up 2.3% year on year. In 2018, the country was number 18 among other countries in Pharmaceutical Industry Trade Balance at -$406.61 Million. Luxembourg is overtaken by Latvia, which was ranked number 17 at -$168.29 Million and is followed by Estonia with -$473 Million. Switzerland ranked the highest with $53,970.94 Million in 2019, that is +13.5% compared to 2018. Ireland, Germany and Denmark respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +26.5% per year, while Israel witnessed the worst performance at -45.7% per year.
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| Date | Million US Dollars |
|---|---|
| 2018 | -406.61 |
| 2017 | -365.73 |
| 2016 | -319.63 |
| 2015 | -314.22 |
| 2014 | -348.19 |
Download all data from 1999 to 2018
How does Luxembourg rank in Pharmaceutical Industry Trade Balance?
| # | 44 Countries | Million US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Switzerland
|
53,970.94 | 2019 | +13.5 % | +5.5 % | View data | |
| 2 |
#2
Ireland
|
47,210.04 | 2019 | +14.3 % | +15.1 % | View data | |
| 17 |
#17
Latvia
|
-168.29 | 2019 | -7.2 % | -6.5 % | View data | |
| 18 |
#18
Luxembourg
|
-406.61 | 2018 | +11.2 % | +2.3 % | View data | |
| 19 |
#19
Estonia
|
-473.00 | 2019 | -1.1 % | +5.1 % | View data | |