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In 2017, service exports for Luxembourg was 103,517 million US dollars. Service exports of Luxembourg increased from 26,545 million US dollars in 2003 to 103,517 million US dollars in 2017 growing at an average annual rate of 10.90 %.The description is composed by our digital data assistant.
Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993)