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The ranking, which is established by IMD World Competitiveness Center, is based on 260 different indicators grouped together in four main categories:

  • economic performance
  • government efficiency
  • business efficiency
  • infrastructure

International investment and trade

Luxembourg’s high ranking in the economic performance category is mainly due to its high level of international investment (2nd place) and international trade (4th place). The country also ranks 8th in the business efficiency category, thanks to its excellent performance in terms of finance (3rd place) and productivity & efficiency (8th place).

Policy stability

Respondents of the Executive Opinion Survey, which is part of the study, were asked to select 5 indicators from a list of 15 that they perceived as key attractiveness factors of their economy. The three top factors for Luxembourg are the following:

  • Policy stability and predictability: 79%
  • Dynamism of the economy: 57%
  • Business-friendly environment: 56%

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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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