Luxembourg Luxembourg

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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 645,397 people, it is one of the least populous country in the world and has a population density of 249 people per km2.

It's capital is Luxembourg and its currency is Euros

Luxembourg is holding the 71 position by nominal GDP. Its national debt in 2021 was 17,729 millions of euros (20,968 millions of dollars), ( 24.5% debt-to-GDP ratio) and its public debt per capita is €27,470 euros per inhabitant$32,489 dollars per inhabitant.

The last annual rate of CPI published in Luxembourg was on December of 2022 and it was 5.4%.

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 0.93 points in 2021, leaving it in 17th place in the table of 191 countries published.

If the reason to visit Luxembourg are business, you must know it's in the 72th 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 [+]2022Q331,228K
Annual GDP [+]2021€73,314M
Annual GDP [+]2021$86,711M
GDP per capita [+]2021€114,370
GDP per capita [+]2021$134,353
Quarterly GDP [+]2022Q3€20,155M
Debt (M.€.) [+]202117,729
Debt ($M) [+]202120,968
Debt (%GDP) [+]202124.50%
Debt Per Capita [+]2021€27,470
Debt Per Capita [+]2021$32,489
Deficit (M.€) [+]2021574
Deficit ($M) [+]2021679
Deficit (%GDP) [+]20210.80%
Expenditure (M.€) [+]202131,006.2
Expenditure ($M) [+]202136,671.0
Education Expenditure (M.€) [+]20182,204.2
Education Expenditure ($M) [+]20182,614.7
Education Expenditure (%Bud.) [+]20188.68%
Gov. Health Exp. (M.€) [+]20203,201.5
Gov. Health Exp.($M) [+]20203,656.7
Gov. Health Exp. (%Bud.) [+]201710.80%
Defence Expenditure (M.€) [+]2020356.0
Defence Expenditure ($M) [+]2020406.8
Defence Expenditure (%Bud.) [+]20201.18%
Expenditure (%GDP) [+]202142.90%
Expenditure Per Capita [+]2021€48,042
Expenditure Per Capita [+]2021$56,819
Education Expenditure P.C [+]2018€3,620
Education Expenditure P.C [+]2018$4,343
Gov. Health Exp. P.C. [+]2020€5,078
Gov. Health Exp. P.C. [+]2020$5,801
Defence Expenditure P.C. [+]2020€564
Defence Expenditure P.C. [+]2020$885
Moody's Rating [+]06/18/2021Aaa
S&P Rating [+]04/28/1994AAA
Fitch Rating [+]03/06/2020AAA
Corruption Index [+]202181
Competitiveness Ranking [+]201918º
Fragile States Index [+]201820.8
Innovation Ranking [+]201815º
Labour
Unemployment Rate [+]November 20224.6%
Unemployment rate [+]2022Q35.2%
Unemployed [+]2022Q317K
NMW [+]2022$2,478.3
NMW [+]2022€2,313.4
Average Wage [+]2021$77,487
Average Wage [+]2021€65,517
Human Capital Ranking [+]201730º
Markets
US Dollar exchange rate [+]01/30/20230.9172
Stock ExchangeYTD % [+]01/30/202311.25%
Prices
CPI (overall index) [+]December 20225.4%
HICP [+]December 20226.2%
PPI Year on Year [+]November 202222.1%
Money Market
Key rates [+]12/21/20222.50%
Business
Doing Business [+]202072º
IPI Year on Year [+]November 20221.9%
Passengers vehicles Year [+]December 202242,094
Annual Vehicles/ 1,000 p. [+]December 202273.58
Vehicles / 1,000 people [+]2020773.40
Taxes
Tax Revenue (%GDP) [+]202139.5%
Standard VAT [+]01/01/201517.00%
Top tax rate + SSC [+]202147.2%
Trade
Annual arrivals [+]20191,041,117
Exports [+]2021€14,208.4M
Exports [+]2021$16,580.8M
Exports % GDP [+]202119.38%
Imports [+]2021€22,146.7M
Imports [+]2021$25,651.7M
Imports % GDP [+]202130.21%
Trade balance [+]2021€-7,938.2M
Trade balance [+]2021$-9,070.9M
Trade balance % GDP [+]2021-10.83%
Retail Sales YoY [+]December 2022-5.4%
Socio-Demography
Global AgeWatch Ranking [+]201519º
Density [+]2021249
Crude divorce rate [+]20202.30‰
Remittance received ($M) [+]20171,746.1
% Immigrant [+]201946.59%
% Emigrant [+]201912.05%
Birth Rate [+]202110.50‰
Remittance sent ($M) [+]20171,321.5
Crude death rate [+]20217.00‰
Fertility Rate [+]20201.36
Crude marriage rate [+]20202.90‰
% risk of poverty [+]202118.1%
Population [+]2021645,397
Immigrant stock [+]2019291,723
Emigrant stock [+]201975,470
HDI [+]20210.930
Gender Gap Ranking [+]202246º
Life expectancy [+]202182.80
Suicides [+]202061
Suicide rate [+]20209.61
Number of homicides [+]20201
Rate Homicides per 100.000 [+]20200.16
Energy and Environment
CO2 Tons per capita [+]202113.82
Consumption GWh [+]20216,496
Generation GWh [+]2021921
Others
COVID-19 - Deaths [+]01/29/20231,207
COVID-19 - Confirmed [+]01/29/2023314,607
Fully vaccinated [+]01/08/2023462,609
COVID-19 - Deaths per million population [+]01/29/20231,870.17
Doses administered [+]01/21/20231,373,046