Legatum Prosperity Index
According to the latest figures published in the “Legatum Prosperity Index” report of the Legatum Institute, Luxembourg’s healthcare system remains the best in the world. The Grand Duchy reached the top position for the second year in a row, followed by Singapore and Switzerland. And for good reason: 95.2% of the population is covered by health insurance. In 2017, only 1.4% of medical expenses were borne by Luxembourg households, i.e. the lowest rate amongst OECD member countries.
Preserving a remarkable quality of life
Luxembourg is a law-abiding state and a democracy, where the respect of individual freedom is guaranteed. As a result, Luxembourg came third in a ranking on individual freedom, just behind New Zealand (1st) and Canada. The country came 7th in the ranking of the best political systems, moving up one place. This outcome is reflected in its political stability, its democratic vision and the high rate of citizen engagement.
The same study also ranked Luxembourg as the sixth most environmental friendly country. Here again, Luxembourg did well thanks to the quality of its flora and animal living conditions, the State directives aimed at maintaining a clean environment, and the visible efforts made to achieve this. As for global prosperity, Luxembourg moves down two places; it came 14th in a world ranking, amongst 149 participating countries.
Since 2009, the Legatum Institute – London’s think tank – has been assessing the level of prosperity of countries across the world on a yearly basis, based on nine criteria: economy, business environment, governance, education, health, safety and security, personal freedom, social capital and natural environment.
(Article written by the editorial team of the portal luxembourg.lu)