The strengths of Luxemburg

  • location in the heart of Europe,
  • political and social stability,
  • dynamic and open economy,
  • skilled and multilingual workforce,
  • highest labor productivity in the world,
  • promotion of emerging and innovative technology-based activities, such as ICT, e-commerce, logistics, media, materials, automotive components, environmental and health technologies,
  • good infrastructure,
  • favorable legal environment,
  • pro-active economic development policy of the Luxembourgish authorities,
  • international financial center,
  • multicultural environment,
  • high quality of living.

Some facts about Luxembourg:

  • population of 0,6 million,
  • one of the highest GDP per inhabitant of the word (105,803.1 USD in 2017),
  • AAA rated - strong macroeconomic fundamentals,
  • 10th most competitive economy in the world (ranking of INSEAD, edition 2018, covering 119 countries)
  • 1st country in the world for highly skilled employment,
  • 1st in the EU for average number of languages spoken by population (3.6),
  • around 30,000 companies established in the Grand Duchy,
  • more than 85% of Luxembourgish production is exported,
  • 2nd in the world in terms of global logistics capabilities,
  • 6th largest airfreight platform in Europe,
  • 40% of all European Tier IV data High performance computing.