Luxembourg
21 / 193
Luxembourg is ranked 21 out of 193 countries, based on 25 indicators
Luxembourg in the Lead 👑
Luxembourg is the best in the world in 13 indicators
-
💼 Dominant Service Sector
In 2023, Luxembourg's trade in services reached an impressive 315.32% of GDP, highlighting its robust service economy. The country also excels in insurance and financial services, accounting for 45.84% of service imports.
-
🌍 Global Trade Leaders
Luxembourg's trade activities are booming, with exports and imports of goods and services comprising 212.53% and 181.69% of GDP respectively in 2023. Overall trade accounts for 394.22% of GDP, showcasing its global trade prowess.
-
🏛️ Top Government Effectiveness
In 2023, Luxembourg achieved a perfect score in government effectiveness and regulatory quality, ranking at the top percentile globally. This reflects its efficient and well-regulated governance system.
-
💰 High GDP Per Capita
Luxembourg boasts a GDP per capita of $130,491 in 2023, one of the highest globally. Additionally, the GDP per person employed stands at $265,731, indicating a highly productive workforce.
-
🛡️ Lowest Child Mortality Rates
In 2023, Luxembourg recorded one of the lowest probabilities of child mortality, with only 0.2 deaths per 1,000 children aged 5-9 and 10-14 years, showcasing its commitment to child health and safety.
-
🌱 Minimal Youth Mortality
Luxembourg's youth mortality rate for ages 20-24 was just 0.9 per 1,000 in 2023, reflecting a strong healthcare system and supportive environment for young adults.
-
🎓 Highly Educated Population
As of 2022, 28.16% of Luxembourg's population aged 25+ holds at least a Master's degree, with 32.67% of males achieving this level of education, highlighting the country's commitment to higher education.
-
🤝 Support for Developing Nations
In 2022, Luxembourg provided 0.37% of its GNI as net ODA to the least developed countries, demonstrating its commitment to international aid and development.
-
🏡 High Standard of Living
In 2022, Luxembourg's survey mean consumption or income per capita was $103.27 per day, reflecting a high standard of living for its residents.
-
💰 Minimal Prosperity Gap
In 2022, Luxembourg had a prosperity gap of just $0.4, indicating a strong economic foundation and equitable wealth distribution.
-
🥗 Low Food Insecurity Prevalence
With only 0.6% of its population experiencing severe food insecurity in 2022, Luxembourg stands as a model for food security and access.
-
🐟 Minimal Threatened Fish Species
As of 2018, Luxembourg had only 1 threatened fish species, highlighting its effective environmental policies and conservation efforts.
-
🔬 High R&D Technician Density
With 3,166 technicians per million people in R&D as of 2017, Luxembourg fosters a strong environment for research and innovation.
Luxembourg Following Behind 😭
Luxembourg ranks last in the world on 1 indicators
-
📉 Minimal Total Reserves
In 2023, Luxembourg's total reserves were equivalent to just 0.07 months of imports, indicating a potential vulnerability in economic resilience.
