Luxembourg

Luxembourg : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$26.27 billion (2011 est.)
$22.1 billion (2010 est.)

Exports

$19.9 billion (2011 est.)
$16.66 billion (2010 est.)

Inflation rate (consumer prices)

3.4% (2011 est.)
2.3% (2010 est.)

Unemployment rate

5.9% (2011 est.)
6% (2010 est.)

GDP - per capita (PPP)

$81,100 (2011 est.)
$81,600 (2010 est.)
$80,900 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

3.2% (2010 est.)
-3.7% (2009 est.)
1.4% (2008 est.)

Internet users

424,500 (2009)

Telephones - mobile cellular

727,000 (2009)

Population growth rate

1.135% (2012 est.)

Population

509,074 (July 2012 est.)

Historical background

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.

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Luxembourg

Economic overview

This small, stable, high-income economy - benefiting from its proximity to France, Belgium, and Germany - has historically featured 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.

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Dun and Bradstreet (Altares)

D&B Country Insight Report: Luxembourg

D&B Country Insight Report: Luxembourg

  • $ 650
  • Country report
  • April 2014
  • by Dun and Bradstreet (Altares)

Report Summary If you are involved in cross-border business, developing relationships or identifying opportunities overseas, you are exposed to the risk associated with a country's overall political, economic ...

  • Countries : Luxembourg

Oxford Economics

By Country Industry Forecasts > Luxembourg

By Country Industry Forecasts > Luxembourg

  • $ 250
  • Country report
  • March 2014
  • by Oxford Economics

Luxembourg: Key Features: Broad Country and Industry Coverage. The service covers 68 countries across Europe, Asia, the Americas, the Middle East and Africa, where 85% of world business is conducted. ...

  • Countries : Luxembourg

The Economist Intelligence Unit

Country Report Luxembourg 2nd Quarter 2014

Country Report Luxembourg 2nd Quarter 2014

  • $ 285
  • Country report
  • June 2014
  • by The Economist Intelligence Unit

Outlook for 2014-15 Following a snap general election in October 2013, the centre-right Democratic Party (DP) and two left-of-centre parties, the Socialist Workers' Party (LSAP) and the Green Party, ...

  • Countries : Luxembourg

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