Luxembourg - Production Value of Travel Agency and Tour Operator Services
Since 2014, Luxembourg Production Value of Travel Agency and Tour Operator Services decreased by 0.9% year on year. In 2019, the country was ranked number 31 among other countries in Production Value of Travel Agency and Tour Operator Services with €73.5 Million. Luxembourg is overtaken by Macedonia, which was ranked number 30 at €80.2 Million and is followed by Latvia at €50.5 Million. United Kingdom topped the ranking with €49,300.5 Million in 2019, a growth of 1.9% versus 2018. Switzerland, Germany and Italy respectively ranked number 2, 3 and 4 in this ranking. Denmark witnessed the best average annual growth at +27% per year, while Norway recorded the worst performance at -2.9% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 73.50 |
| 2018 | 75.00 |
| 2017 | 64.40 |
| 2016 | 57.50 |
| 2015 | 59.40 |
How does Luxembourg rank in Production Value of Travel Agency and Tour Operator Services?
| # | 33 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United Kingdom
|
49,300.50 | 2019 | +1.9 % | -0.5 % | View data | |
| 2 |
#2
Switzerland
|
12,270.40 | 2019 | +1.1 % | +17.3 % | View data | |
| 30 |
#30
Macedonia
|
80.20 | 2019 | -3.4 % | +7.1 % | View data | |
| 31 |
#31
Luxembourg
|
73.50 | 2019 | -2.0 % | -0.8 % | View data | |
| 32 |
#32
Latvia
|
50.50 | 2019 | -7.2 % | +3.2 % | View data | |