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Eurostat confirmed that in contrast to most other EU countries, Luxembourg’s average age has stayed largely unchanged over the past decade.

Across the EU countries, the median age in 2022 ranged from 38.3 years in Cyprus, 38.8 in Ireland and 39.7 in Luxembourg to 48.0 years in Italy, 46.8 in Portugal and 46.1 in Greece. In total, 18 EU countries were below the EU’s median age.

In 2022, more than one fifth (21.1 %) of the EU population was aged 65 and over and half was older than 44.4 years.

According to a 2022 Eurostat study, Luxembourg has the second lowest number of inhabitants over the age of 65 in the entire EU, 14.5% as a proportion of its population, well below the EU average of 20.6%.

Luxembourg continues to attract a young and educated workforce

Luxembourg’s relatively young age structure compared to many other EU member states has been positively influenced by the significant number of immigrants arriving in recent years, many of whom are now of working age.

 

 

The country also continues to draw a young and educated workforce from various countries to fill its wide range of skilled jobs in the international finance sector, IT, healthcare, logistics, consulting and in EU and international organisations.

Attractive salaries and a high standard of living carry on attracting a steady flow of expats every year to the Grand Duchy.

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Fit 4 Start #15 call for applications open

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For its 15th edition, Luxembourg’s startup accelerator Fit 4 Start is accepting applications from innovative healthtech, digital, and space enterprises worldwide. Deadline to apply: 12 August 2024.
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“Efficient support, impressive open-mindedness”

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Japanese deeptech startup Thermalytica speaks about launching its innovative insulation technology from Luxembourg for European market expansion.
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Teraki opens Luxembourg office with plans to scale

03-07-2024

In April 2024, German Teraki registered a new office in Luxembourg, from where it plans to expedite market entry for AI-driven autonomous vehicle solutions.
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Exploring European business expansion at Nexus 2050

01-07-2024

Numerous international innovative companies attended tech event Nexus 2050 to discover opportunities for further European business expansion through Luxembourg.
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15 startups graduate from the Fit 4 Start #14 programme

28-06-2024

The 2024 Fit 4 Start Graduate Showcase, held at Luxexpo The Box alongside the Nexus 2050 event, celebrated 15 startups that successfully completed the 14th edition of the startup acceleration programme managed by Luxinnovation.
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