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The IMD World Digital Competitiveness ranking 2019 is published by renowned institute IMD. It measures the capacity and readiness of 63 economies to adopt and explore digital technologies as a key driver for economic transformation in business, government and wider society.

The top five economies in 2019 were the United States, Singapore, Sweden, Denmark and Switzerland.

Favourable digital framework

Luxembourg is ranked 21st for its digital competitiveness, thus improving its score with three places compared to 2018.

The country ranks 12th in the category “technology”. This is in particular due to its favourable regulatory framework (4th) and availability of capital (9th) . In the latter category, the country ranks 1st in the world for IT & media stock market capitalisation and country credit rating.

Luxembourg also ranks 17th in the category “future readiness”, in particular due to its good IT integration (6th).

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Local door openers for business

21-02-2020

Facilitating global trade is a key focus of the different players in Luxembourg’s diplomatic and economic network. Its members work hand in hand to ensure that doing business with and from Luxembourg is easy, transparent, and brings with it numerous advantages.
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Circuit Foil to invest €36.5 million in Luxembourg production facilities

20-02-2020

Copper foil manufacturer Circuit Foil will invest €36.5 million to increase the production capacity of its facilities in Wiltz in norther Luxembourg. A new building will house new machines as well as around 20 additional jobs.
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Luxembourg among top 10 locations for European expatriates

19-02-2020

Luxembourg ranks 9th in a recent listing on cities offering the best quality of life for Europeans abroad. The city thus keeps its place on the top 10 list.
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University and start-up to work on in-orbit satellite repairs

18-02-2020

The University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) signed a partnership agreement with the space start-up LIFT ME OFF. The cooperation provides crucial research support for tackling future needs of autonomous in-orbit satellite repairs.
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Financing the cleantech transition

17-02-2020

Adequate financing is crucial for the transition to a sustainable, environmentally friendly economy, and one of the central topics that will be discussed at the 2020 Cleantech Forum Europe in Luxembourg on 18-20 May 2020. Luxembourg is a leading centre for green and sustainable finance. Key players will participate in the forum to share their experience and establish new partnerships.
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