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Luxembourg  

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 626,108 people, it is one of the least populous country in the world 242 people per km2.

The capital is Luxembourg and its currency is Euros

Luxembourg is holding the 72 position by nominal GDP. Its national debt in 2019 was 14,013 millions of euros15,687 millions of dollars, ( 22.1% debt-to-GDP ratio) and its public debt per capita is 22,381€ euros per inhabitant25,055$ dollars per inhabitant.

The last annual rate of CPI published in Luxembourg was on August of 2020 and it was 0.6%.

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 0.904 points in 2017, leaving it in 21th 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 Economy
Gouvernement
Qu. GDP Per Capita [+]2020Q125,274€
Annual GDP [+]201963,516M.€
Annual GDP [+]201971,106M.$
GDP per capita [+]2019102,200€
GDP per capita [+]2019113,569$
Quarterly GDP [+]2020Q115,824M.€
Debt [+]201914,013
Debt [+]201915,687
Debt (%GDP) [+]201922.10%
Debt Per Capita [+]201922,381€
Debt Per Capita [+]201925,055$
Deficit (M.€) [+]20191,384
Deficit (M.$) [+]20191,550
Deficit (%GDP) [+]20192.20%
Expenditure (M.€) [+]201927,071.4
Expenditure (M.$) [+]201930,306.4
Education Expenditure (M.€) [+]20152,059.3
Education Expenditure (M.$) [+]20152,263.7
Education Expenditure (%Bud.) [+]20159.44%
Gov. Health Exp. (M.€) [+]20192,896.6
Gov. Health Exp.(M.$) [+]20193,242.8
Gov. Health Exp. (%Bud.) [+]201710.80%
Defence Expenditure (M.€) [+]2018367.3
Defence Expenditure (M.$) [+]2018425.4
Defence Expenditure (%Bud.) [+]20181.40%
Expenditure (%GDP) [+]201942.60%
Expenditure Per Capita [+]201943,238€
Expenditure Per Capita [+]201948,404$
Education Expenditure P.C [+]20153,617€
Education Expenditure P.C [+]20154,021$
Gov. Health Exp. P.C. [+]20194,672€
Gov. Health Exp. P.C. [+]20195,230$
Defence Expenditure P.C. [+]2018603€
Defence Expenditure P.C. [+]2018707$
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 [+]July 20207.3%
Unemployment rate [+]2020Q26.4%
Unemployed [+]2020Q220 m.
NMW [+]20202,406.3 $
NMW [+]20202,142.0 €
Average Wage [+]201960,770€
Average Wage [+]201968,033$
Human Capital Ranking [+]201730º
Markets
US Dollar exchange rate [+]09/28/20200.8569
Stock ExchangeYTD % [+]11/13/20180%
Prices
CPI (overall index) [+]August 20200.6%
HICP [+]July 20200.1%
PPI Year on Year [+]July 2020-0.8%
Money Market
Key rates [+]10/17/20170%
Business
Doing Business [+]201966º
IPI Year on Year [+]July 2020-19.0%
Passengers vehicles Year [+]June 202039,882
Annual Vehicles/ 1,000 p. [+]June 202071.79
Vehicles / 1,000 people [+]2015733.25
Taxes
Standard VAT [+]01/01/201517.00%
Top tax rate + SSC [+]201947.2%
Trade
Annual arrivals [+]20181,018,000
Exports [+]201914,723.8 M.€
Exports [+]201916,508.2 M.$
Exports % GDP [+]201923.18%
Imports [+]201921,411.4 M.€
Imports [+]201923,991.4 M.$
Imports % GDP [+]201933.71%
Trade balance [+]2019-6,687.6 M.€
Trade balance [+]2019-7,483.2 M.$
Trade balance % GDP [+]2019-10.53%
Retail Sales YoY [+]August 2020-2.7%
Socio-Demography
Global AgeWatch Ranking [+]201519º
Density [+]2019242
Crude divorce rate [+]20182.00‰
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 [+]20181.38
Crude marriage rate [+]20183.10‰
% risk of poverty [+]201515.3%
Population [+]2019626,108
Immigrant stock [+]2019291,723
Emigrant stock [+]201975,470
HDI [+]20170.904
Gender Gap Ranking [+]201861º
Life expectancy [+]201882.30
Suicides [+]201756
Suicide rate [+]20179.31
Number of homicides [+]20172
Rate Homicides per 100.000 [+]20170.30
Energy and Environment
CO2 Tons per capita [+]201816.86
Consumption GWh [+]20186,473
Generation GWh [+]2018335
Others
COVID-19 - Recovered [+]09/27/20206,976
COVID-19 - Deaths [+]09/27/2020124
COVID-19 - Deaths per million population [+]09/27/2020198.05
COVID-19 - Confirmed [+]09/27/20208,233