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2021 Global Innovation Index rankingThe objective of the Global Innovation Index is to capture the multi-dimensional facets of innovation. Its 2021 edition studies around 80 indicators, grouped into “innovation inputs” and “innovation outputs”, of 132 economies in the world.

Luxembourg ranks 23rd, which is lower than previous years but still among the top tier of countries. Relative to GDP, the country’s performance is above expectations for its level of development. It also produces more innovation outputs relative to its level of innovation investments.

Creative outputs

Luxembourg is in 1st place for 8 out of the approximately 80 indicators that make up the Global Innovation Index. Its top ranks includes indicators such as tertiary inbound mobility, ICT access, environmental performance, knowledge-intensive employment and intellectual property payments relative to total trade.

The 80 indicators are bundled together in seven main areas. Luxembourg’s best performance is in the area of creative outputs, where it ranks 3rd. It ranks 9th in the field of business sophistication.

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Sustainable mobility solutions: "Start-ups welcome"

28-11-2022

Facilitating smart, efficient and sustainable mobility is a major objective of the Luxembourg government. Crossroads Magazine spoke to the Deputy Prime Minister and Minister for Mobility and Public Works, François Bausch, about his plans for the future and the need for mobility innovation.
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Spearheading mobility innovation

21-11-2022

Luxembourg is determined to promote the use of innovative and sustainable mobility solutions. This commitment, combined with massive infrastructure and public transport investment as well as R&D and business partnership opportunities, make the country an excellent testbed for mobility innovation for the European market.
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Luxembourg maintains its AAA rating

15-11-2022

Credit rating agency DBRS Morningstar has once again awarded Luxembourg its AAA rating with a stable outlook, thereby confirming its belief in the country's growth and stable public finances.
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Luxembourg, a European testbed, at Smart City Barcelona

11-11-2022

Luxembourg is an interesting testbed for international companies with smart city solutions targeting the European market. Company executives looking for the right place to expand their European activities can learn more at the Smart City Expo World Congress in Barcelona on 15-17 November 2022.
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Ohmio Automotion Ltd expands to Luxembourg

08-11-2022

Self-driving bus shuttle manufacturer Ohmio Automotion Ltd, with roots in Australia and New Zealand, will open its first European office in Luxembourg. After winning a key contract with national railway company CFL, Ohmio will use Luxembourg as its base for addressing the growing demand for autonomous vehicles in Europe.
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