Luxembourg

Business Context Overview

EU Member State; euro area member
Flag - Luxembourg
0.68M
Approx. 0.68 million inhabitants.
Population
€95–105B
Approx. €95–105 billion.
GDP (Nominal)
€135,000–€145,000
Approx. €135,000–€145,000 per capita (nominal).
GDP per Capita
2.0–2.5%
Approx. 2.0–2.5%.
GDP Growth
2.0–2.5%
Approx. 2.0–2.5%.
Inflation
5.5–6.0%
Approx. 5.5–6.0%.
Unemployment Rate
Euro (EUR)
Euro (EUR)
Currency
24–27%
Approx. 24–27% of GDP.
Public Debt

Economic Structure

Italy has a highly service-driven, internationally connected economy centered on finance and cross-border business activity.

Financial services
Investment funds and banking
ICT and digital infrastructure
Logistics
Professional services

Economic Outlook

Luxembourg is expected to maintain moderate growth, supported by financial services, resilient employment, and international investment flows. Long-term priorities include diversification and productivity growth outside finance.

Business Environment (High-Level)

Luxembourg offers a business environment shaped by Financial services, Investment funds and banking, ICT and digital infrastructure, with commercial activity supported by Financial services, Steel and metal products and regional market integration.

Approx. 24.9% combined burden in Luxembourg City.

17%

National statutory minimum wage applies and is the highest in the EU.

EU Member State; euro area member.

Typically around 5–8 days. Luxembourg offers a sophisticated financial ecosystem, strong legal certainty, and high international business accessibility.

Main Export Products

  • Financial services
  • Steel and metal products
  • Machinery
  • ICT-related services
  • Chemicals and specialized goods

Main Export Partners

  • Germany
  • Belgium
  • France
  • United States
  • Netherlands
  • Italy has a highly service-driven, internationally connected economy centered on finance and cross-border business activity.

Data & Transparency

Data Sources:

  • IMF
  • World Bank
  • Eurostat
  • STATEC
  • OECD
  • European Commission

Last Updated: April 2026

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This profile is based on publicly available data and AI-supported analysis. It does not constitute official or legally binding information. Users are required to verify all data with relevant authorities before making decisions. We are not a governmental body, public authority, or official representative of any country unless explicitly stated.