Imports$26.27 billion (2011 est.)
Exports$19.9 billion (2011 est.)
Inflation rate (consumer prices)3.4% (2011 est.)
Unemployment rate5.9% (2011 est.)
GDP - per capita (PPP)$81,100 (2011 est.)
National product real growth rate3.2% (2010 est.)
Internet users424,500 (2009)
Telephones - mobile cellular727,000 (2009)
Population growth rate1.135% (2012 est.)
Population509,074 (July 2012 est.)
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 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....
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, ...
Despite strong levels of consumer confidence in early 2016, consumer spending surprisingly declined by 1.0% in Q1, which has led us to nudge down our 2016 GDP forecast to 3.4% from 3.5% previously. But ...
The Economist Intelligence Unit
Outlook for 2016-17 The governing coalition of the Democratic Party (DP), the Socialist Workers' Party (LSAP) and the Green Party-which ousted the dominant Christian Social Party (CSV) at the 2013 polls-is ...