Luxembourg Luxembourg

Subscribe to our free email alert service

Luxembourg, is a country located at Western Europe, it has an area of 2,590 Km2 so it is one of the smallest countries in the world.

Luxembourg, with a population of 626,000 people, it is one of the least populous country in the world and has a population density of 242 people per km2.

It's capital is Luxembourg and its currency is Euros

Luxembourg is holding the 73 position by nominal GDP. Its national debt in 2020 was 15,942 millions of euros (18,208 millions of dollars), ( 24.9% debt-to-GDP ratio) and its public debt per capita is 25,466€ euros per inhabitant29,087$ dollars per inhabitant.

The last annual rate of CPI published in Luxembourg was on April of 2021 and it was 2.1%.

In terms of the human development index (HDI) of Luxembourg, which is the index used by the United Nations to measure the progress of a country, was 0.916 points in 2019, leaving it in 24th place in the table of 189 countries published.

If the reason to visit Luxembourg are business, you must know it's in the 66th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Luxembourg, if you want to see information about other countries click here

Luxembourg: Monthly Temp.
Luxembourg: Monthly Rainfall
Luxembourg Economy
Gouvernement
Qu. GDP Per Capita [+]2020Q426,925€
Annual GDP [+]202064,143M.€
Annual GDP [+]202073,205M.$
GDP per capita [+]2020101,640€
GDP per capita [+]2020116,921$
Quarterly GDP [+]2020Q416,855M.€
Debt (M.€.) [+]202015,942
Debt (M.$.) [+]202018,208
Debt (%GDP) [+]202024.90%
Debt Per Capita [+]202025,466€
Debt Per Capita [+]202029,087$
Deficit (M.€) [+]2020-2,620
Deficit (M.$) [+]2020-2,993
Deficit (%GDP) [+]2020-4.10%
Expenditure (M.€) [+]202030,653.7
Expenditure (M.$) [+]202035,012.7
Education Expenditure (M.€) [+]20152,059.3
Education Expenditure (M.$) [+]20152,285.1
Education Expenditure (%Bud.) [+]20159.44%
Gov. Health Exp. (M.€) [+]20192,896.6
Gov. Health Exp.(M.$) [+]20193,242.8
Gov. Health Exp. (%Bud.) [+]201710.80%
Defence Expenditure (M.€) [+]2019395.2
Defence Expenditure (M.$) [+]2019442.4
Defence Expenditure (%Bud.) [+]20191.43%
Expenditure (%GDP) [+]202047.80%
Expenditure Per Capita [+]202048,968€
Expenditure Per Capita [+]202055,931$
Education Expenditure P.C [+]20153,617€
Education Expenditure P.C [+]20154,059$
Gov. Health Exp. P.C. [+]20194,672€
Gov. Health Exp. P.C. [+]20195,230$
Defence Expenditure P.C. [+]2019636€
Defence Expenditure P.C. [+]2019721$
Moody's Rating [+]08/30/2019Aaa
S&P Rating [+]04/28/1994AAA
Fitch Rating [+]03/06/2020AAA
Corruption Index [+]201881
Competitiveness Ranking [+]201918º
Fragile States Index [+]201820.8
Innovation Ranking [+]201815º
Labour
Unemployment Rate [+]March 20216.6%
Unemployment rate [+]2020Q46.6%
Unemployed [+]2020Q421 m.
NMW [+]20212,702.0 $
NMW [+]20212,201.9 €
Average Wage [+]202058,040€
Average Wage [+]202066,293$
Human Capital Ranking [+]201730º
Markets
US Dollar exchange rate [+]05/10/20210.8218
Stock ExchangeYTD % [+]05/07/202117.31%
Prices
CPI (overall index) [+]April 20212.1%
HICP [+]April 20213.3%
PPI Year on Year [+]March 20216.8%
Money Market
Key rates [+]10/17/20170%
Business
Doing Business [+]201966º
IPI Year on Year [+]March 202110.0%
Passengers vehicles Year [+]March 202145,733
Annual Vehicles/ 1,000 p. [+]March 202182.48
Vehicles / 1,000 people [+]2015733.25
Taxes
Standard VAT [+]01/01/201517.00%
Top tax rate + SSC [+]202047.2%
Trade
Annual arrivals [+]20191,041,117
Exports [+]202012,082.0 M.€
Exports [+]202013,798.6 M.$
Exports % GDP [+]202018.84%
Imports [+]202018,301.1 M.€
Imports [+]202020,814.0 M.$
Imports % GDP [+]202028.53%
Trade balance [+]2020-6,219.1 M.€
Trade balance [+]2020-7,015.4 M.$
Trade balance % GDP [+]2020-9.70%
Retail Sales YoY [+]March 202123.2%
Socio-Demography
Global AgeWatch Ranking [+]201519º
Density [+]2020242
Crude divorce rate [+]20193.10‰
Remittance received (M.$) [+]20171,746.1
% Immigrant [+]201946.59%
% Emigrant [+]201912.05%
Birth Rate [+]201910.00‰
Remittance sent (M.$) [+]20171,321.5
Crude death rate [+]20196.90‰
Fertility Rate [+]20191.34
Crude marriage rate [+]20193.50‰
% risk of poverty [+]201515.3%
Population [+]2020626,000
Immigrant stock [+]2019291,723
Emigrant stock [+]201975,470
HDI [+]20190.916
Gender Gap Ranking [+]202051º
Life expectancy [+]202081.80
Suicides [+]201851
Suicide rate [+]20188.31
Number of homicides [+]20172
Rate Homicides per 100.000 [+]20170.34
Energy and Environment
CO2 Tons per capita [+]201916.31
Consumption GWh [+]20195,817
Generation GWh [+]201987
Others
COVID-19 - Deaths [+]05/09/2021801
COVID-19 - Confirmed [+]05/09/202168,153
Fully vaccinated [+]05/06/202161,938
COVID-19 - Deaths per million population [+]05/09/20211,279.55
Doses administered [+]05/06/2021227,314