Luxembourg - SME Loan Applications Ratio

Since 2014, Luxembourg SME Loan Applications Ratio rose 5.1points year on year. In 2019, the country was ranked number 14 comparing other countries in SME Loan Applications Ratio with 21.04 Percent. Luxembourg is overtaken by Slovakia, which was ranked number 13 with 22 Percent and is followed by Ireland at 19 Percent. Peru ranked the highest with 58.98 Percent in 2016, that is an increase of 25.1points compared to 2015. China, Belgium and Colombia respectively ranked number 2, 3 and 4 in this ranking. Luxembourg recorded the best 5 years average growth at +5.1points per year, while United Kingdom witnessed the worst performance at -16.7points per year.

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Date Percent
2019 21.04
2018 20.97
2017 18.94
2016 26.15
2015 23.00
Download all data from 2011 to 2019

How does Luxembourg rank in SME Loan Applications Ratio?

# 18 Countries Percent Last YoY 5‑years CAGR
1 #1
Peru
58.98 % 2016 +25.1 % NA View data
2 #2
China
53.09 % 2017 -15.8 % NA View data
13 #13
Slovakia
22.00 % 2019 +0.0 % NA View data
14 #14
Luxembourg
21.04 % 2019 +0.3 % +5.1 % View data
15 #15
Ireland
19.00 % 2019 -9.5 % -9.3 % View data
Compare all 18 countries

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