What is the GDP of Luxembourg?

Luxembourg's GDP is approximately $93.3 billion USD. The GDP growth rate is 0.4%.

What is the population of Luxembourg?

Luxembourg has a population of approximately 0.7 million people. The population growth rate is 1.6%.

What is the inflation rate in Luxembourg?

The inflation rate in Luxembourg is 2.1%.

What is the unemployment rate in Luxembourg?

The unemployment rate in Luxembourg is 6.3%.

What is the GDP per capita of Luxembourg?

Luxembourg's GDP per capita is approximately $137,782 USD.

Is Luxembourg a good country to invest in?

Luxembourg has an investment score of 86/100, classified as "Safe" risk. Key sectors include Financial Services, Fund Management, Steel & Manufacturing. Credit rating: NR.

How open is Luxembourg's economy to trade?

Luxembourg's trade openness (trade as % of GDP) is 351%. Exports total approximately $178.7B and imports $149B.

How much foreign investment does Luxembourg attract?

Foreign direct investment (FDI) in Luxembourg is 113.6% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Luxembourg?

Luxembourg's economy is composed of services (81% of GDP), industry (10% of GDP), and agriculture (0% of GDP).

Can I start a business in Luxembourg as a foreigner?

Luxembourg offers various options for foreign entrepreneurs. Visit our business setup guide for Luxembourg for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Luxembourg's economy growing?

Luxembourg's GDP growth rate is 0.4%. The economy is growing at a moderate pace.

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Luxembourg Economy Overview

Name: Luxembourg Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Europe & Central AsiaHigh IncomeCapital: LuxembourgLUX

Safe

Growing

93.3B USD

GDP (Nominal)

Growing at 0.4%

$137,782

GDP Per Capita

High income level

0.7M

Population

+1.6% annual growth

Stable

2.1%

Inflation

Price stability

351%of GDP

Trade Openness

Strong

113.6%of GDP

FDI Inflows

Public Debt

High

6.3%

Unemployment

Surplus

+$29.7B

Trade Balance

GDP

Billion USD, nominal

$93.3B

2024+4.5B

GDP Growth

Annual %

0.4%

2024+0.3%

Inflation

Consumer prices, annual %

2.1%

2024-1.6%

Population

Millions

0.7M

2024+0.0M

Economic Structure

Services81%

Industry10%

Agriculture0%

Investment Score Breakdown

Economic Health (30%)88

Political Safety (25%)92

Business Climate (20%)88

Financial Strength (15%)85

Growth Potential (10%)68

Key Sectors

Financial Services

26.5% of GDP

stable

Fund Management

18.2% of GDP

growing

Steel & Manufacturing

3.5% of GDP

stable

Space Technology

1.8% of GDP

growing

Should I Invest in Luxembourg?

Strong BuySetup: ComplexROI: Moderate

Luxembourg scores 86/100 on the NationsData Investment Index, rated "Safe". Growth is subdued at 1.5%. Business setup takes approximately 51 days with a corporate tax rate of 24.94%.

Investment Score86/100

GDP Growth1.5%

Inflation2.5%

FDI/GDP25.5%

Public Debt28.5%

Political Stability1.2

Corporate Tax24.94%

Ease of Business#72

Strengths

+Exceptional political stability - low governance risk
+World-class business environment - fast registration, strong IP protection
+High FDI inflows (25.5% of GDP) - investors are actively entering
+Low inflation (2.5%) - stable pricing environment
+Low public debt (28.5% of GDP) - fiscal headroom
+Highly trade-open economy (340%) - global market access

Risks

-High severance costs (4 weeks/year) - expensive to restructure

Best For

Fund Management (growing, score: 88)Premium services and luxury brandsDigital businesses and SaaS

Also Consider

Norway

Same region, similar income level

Ireland

Same region, similar income level, faster growth (2.8%)

Denmark

Same region, similar income level

Iceland

Same region, similar income level

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