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Economic freedom index 2018

Luxembourg’s economic freedom score is 76.4, making its economy the 14th freest in the 2018 Index. Its overall score has increased by 0.5 point, with improvements in scores for the government spending, labor freedom, and monetary freedom indicators offsetting declines in property rights and trade freedom. Luxembourg is ranked 7th among 44 countries in the Europe region, and its overall score is above the regional and world averages.

Luxembourg’s competitiveness

Luxembourg is one of the world’s wealthiest countries. It has one of the eurozone’s highest current account surpluses as a share of GDP, maintains a healthy budgetary position, and has the region’s lowest level of public debt. Economic competitiveness is sustained by the solid institutional foundations of an open-market system. The judiciary, independent and free of corruption, protects property rights and upholds the rule of law. High levels of regulatory transparency and efficiency encourage entrepreneurial activity.

Luxembourg economic freedom        

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A global approach for boosting operational efficiency

13-01-2022

The strong infrastructure, skills and research partners makes Luxembourg an interesting location for industrial digital transformation projects. Cebi drives its global industry 4.0 processes from its headquarters located here.
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Luxembourg remains 3rd in World Talent Ranking

12-01-2022

For the second consecutive year, the 2021 IMD World Talent Ranking places Luxembourg 3rd in the world for its ability to develop, attract and retain the talent needed for its economy to stay competitive.
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Circular by Design Challenge : 12 projects selected

11-01-2022

Following an online pitching session on 6 January, the jury of the Circular by Design Challenge has given its verdict. 12 projects will participate in the second edition of this support programme initiated by the Luxembourg Creative Industries Cluster of Luxinnovation with the support of the Ministry of the Economy, which targets creatives with sustainable and circular ideas.
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Supporting the national economy, trade and invest

10-01-2022

Luxembourg's diplomatic and consular network is present in over 70 countries across the world. The Ministry of Foreign and European Affairs provides an overview of the network and how it supports the national economy, trade activities on global markets and investment opportunities for international companies.
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Space resources start-up support programme launches first call for applications

07-01-2022

The ESRIC start-up support programme is the world's first accelerator and support scheme dedicated to space resources. It is open to start-ups worldwide, and interested candidates are invited to submit their applications by 23 January 2022.
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