News
The country is ranked 8th in the world and 2nd in Europe for economic potential in the fDi’s Digital Economies of the Future 2018/19 study.
The ranking is based on data for 117 locations worldwide. The evaluation of economic potential is based on population, population growth rate, unemployment rate, inflation rate, GDP, GDP per capita, average annual GDP growth rate (2013-2017) and projected annual GDP growth rate (2018-2022).
A recent study from the think tank The Conference Board ranks Luxembourg as the second most productive mature economy in the world.
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In addition to its top ranking for personal safety, the country overall ranks as the 18th best city in the world to live in.
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The country ranks 1st in the Country Profile category due to the government’s commitment to promoting ICT. It is also highly ranked for its regulations and policies needed to implement 5G networks.
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This top-level ranking of Luxembourg's cybersecurity standards clearly shows the positive effects of national policy efforts, the implementation of concrete tools and the expertise of leading research centres.
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Luxembourg ranks 9th in Europe and 17th in the world in the 2019 Index of Economic Freedom published by the Heritage Foundation. The country ranks particularly high for fiscal health, investment freedom, trade freedom and government integrity.
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