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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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Luxembourg passport the best in the world

14-05-2019

For the second consecutive year, the Luxembourg passport has been listed as the best in the world by the Nomad Passport Index.
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US and Luxembourg sign space cooperation memorandum

10-05-2019

The United States and Luxembourg have signed a memorandum of understanding aiming at strengthening the cooperation in the field of space. Both countries are at the forefront of promoting the harvesting and exploitation of space resources.
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Anisoprint: Luxembourg an ideal EU base

07-05-2019

When Russian start-up Anisoprint decided in 2018 to bring its pioneering 3D printing technology for composite materials to the European market, Luxembourg quickly stood out as the ideal EU base. One year later, the company is in the process of moving its headquarters as well as most of its staff here. Convinced by the country’s start-up friendly environment and excellent support network, Anisoprint is also counting on a strategic research partnership to meet the requirements of large industrial clients.
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Luxembourg second best country to raise a child

06-05-2019

Luxembourg ranks second in a study of the best countries in Europe to raise a child, and first in the sub-category "Health & Safety".
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Luxembourg most "open for business"

02-05-2019

Luxembourg is ranked as the most open country for business in the world in the 2019 Best Countries study by U.S. News & World Report. The country is also considered as the third best country to headquarter a corporation.
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