S&P World Country Profile
Country Information
Population: Language
486,006 Luxembourgish
German
French
Official Currency: Calling Code:
Euro (EUR) 352
Country Capital: Internet Suffix:
Luxembourg .lu
Luxembourg
Founded in 963, Luxembourg became a grand duchy in 1815 and an independent state under the Netherlands. It lost more than half of its territory to Belgium in 1839, but gained a larger measure of autonomy. Full independence was attained in 1867. This stable, high-income economy, benefiting from its proximity to France, Belgium, and Germany, features solid growth, low inflation, and low unemployment. The industrial sector, initially dominated by steel, has become increasingly diversified to include chemicals, rubber, and other products. Growth in the financial sector, which now accounts for about 28% of GDP, has more than compensated for the decline in steel. Most banks are foreign-owned and have extensive foreign dealings. The economy depends on foreign and cross-border workers for about 60% of its labor force. Although Luxembourg, like all EU members, has suffered from the global economic slump, the country enjoys an extraordinarily high standard of living - GDP per capita ranks second in the world.
Exchanges & Key Indices
Index Name/Business Description
LuxX Index
Demographics
Population
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Luxembourg
0.00%
Region
0.00%
World
5.00%
Luxembourg
39.0
Region
39.2
World
32.4
Luxembourg
79.2
Region
77.2
World
73.0
Luxembourg
1.8
Region
1.5
World
2.1
Luxembourg
0.0
Region
0.0
World
0.0
Consumer Statistics (All values in USD)
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Luxembourg
$0.00
Region
$42,340.00
World
$18,429.50
Luxembourg
$8.19
Region
$8.17
World
$5.90
Luxembourg
$1.57
Region
$1.54
World
$1.56
Luxembourg
$12.55
Region
$11.61
World
$9.30
Economic Outlook
Rates & Estimates (All values in USD)
Imports & Exports (All values in USD)
Companies Within Region
Browse Companies within Luxembourg
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