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The 2019 Best Countries rankings are based on how global perceptions define countries in terms of a number of quantifiable characteristics. These perceptions influence decisions related to trade, travel and investment and thus have a direct impact on national economies.

The report covers a total of 80 countries. Switzerland tops the overall ranking, followed by Japan, Canada, Germany, the United Kingdom and Sweden. Luxembourg is ranked 19th, but stands out in several key categories.

Most open for business

For the second consecutive year, Luxembourg is in the first place in the “open for business” subranking, a position the country also held in 2016. This high ranking is due to the country’s favourable tax environment, transparent government practices and low level of corruption. Luxembourg also has a top score for allowing trade across borders and ranks highly for its way of dealing with construction permits.

Best countries to headquarter a corporation

Today, companies are more mobile than ever and will often locate their headquarters where they perceive that conditions are most favourable. This depends on the national trade and tax policies as well as on the global economy and political and business shifts in power.

The ranking is based on a global perception-based survey covering almost 6,000 business decision makers. Luxembourg ranks 3rd best place to headquarter a corporation, after Switzerland and Canada.

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Previsionz expands to Luxembourg

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German-born Previsionz is one of the recent additions to Luxembourg’s data ecosystem. Supported by Luxinnovation, the data analytics company has chosen Luxembourg as its springboard for international growth.
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Luxembourg 13th most competitive country in the world

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Luxembourg is ranked as the world’s 13th most competitive country in the 2022 edition of the IMD World Competitiveness Ranking. The country ranks 1st in the world for its economic performance.
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Luxembourg among top 10 countries for post-COVID FDI recovery

12-09-2022

Foreign direct investment in Luxembourg increased by 85% during the first half of 2022, compared to the first 6 months of 2019.
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Luxembourg economy 3rd most resilient in the world

07-09-2022

Luxembourg remains the world's 3rd most resilient economy in the 2022 FM Global Resilience Index. The country even strengthens its global score compared to last year.
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Fit 4 Start: Keys to success for international applicants

31-08-2022

The 13th call for applications for Fit 4 Start is open until 19 September 2022. We spoke to programme manager Sven Baltes at Luxinnovation about what the start-up accelerator can offer international start-ups and the keys to preparing successful applications and pitches.
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