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.
GDP is foreseen to grow 2% in 2024
STATEC (2024)
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 4th out of 132 countries in terms of political stability
Cornell University, INSEAD & WIPO (2022)
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 doubled over the last 2 decades (STATEC, 2023)