Luxembourg’s economy is robust and diversified. There is expertise in steel, polymers, composite materials, car-component manufacturing, logistics, digital services, satellite development and media production.
The GDP grew 7.0% in 2021 and a 3.5% expansion is foreseen for 2021
STATEC (2022)
Investor protection
The country draws on its political, economic and regulatory stability to foster a strong culture of investor protection. Financial services in Luxembourg benefit greatly from this stability.
Luxembourg ranks 3rd out of 131 countries in terms of political stability
Cornell University, INSEAD & WIPO (2020)
Stable labour markets
Luxembourg also offers investors a stable labour environment that promotes open dialogue with business and union representatives. It has one of the lowest number of working days lost through industrial action in Europe.
- GDP Annual Growth Rate in Luxembourg averaged 3.2% from 1995 to 2020 (STATEC, 2021)
- Employment has grown by an average of 3.0% per year over the past 2 decades (STATEC, 2021)