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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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Fit 4 Innovation: a successful programme

27-01-2020

Launched in 2014, the Fit 4 Innovation programme managed by Luxinnovation enables companies, especially SMEs, to find the resources they need to engage in an innovative way and to optimise their organisation.
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Meet the decision makers (4/5): Marie-Hélène Massard

27-01-2020

For the past 8 years, Marie-Hélène Massard has been the CEO of Luxembourg insurance firm AXA. She values the collaboration between the public and the private sectors that stimulates business development.
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The digital future

24-01-2020

Globalisation has largely influenced the operations of logistics service providers for decades. Today, it is time for them to embark on the journey of digital transformation.
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Artificial intelligence for the benefit of all

22-01-2020

In May 2019, the Luxembourg government presented its strategic vision for artificial intelligence. The main priority of the Prime Minister and Minister for Digitalisation is to ensure that this extremely powerful technology will bring advantages to everyone.
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Luxembourg partnership to develop innovative, EU-wide genome data services

21-01-2020

Luxembourg start-up Menego S.A. and the University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) signed a partnership agreement on the development of user-centred, transparent and secure genome data services. The objective is to develop a framework enabling the implementation of secure, trustworthy services.
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