Economy of Luxembourg - Wikipedia
WEBThe economy of Luxembourg is largely dependent on the banking, steel, and industrial sectors. Citizens of Luxembourg enjoy the highest per capita gross domestic product in the world, according to an IMF estimate in 2022.
Portrait of the Luxembourg economy - Luxembourg
WEBInvest. Competitiveness. Portrait of the Luxembourg economy From the iron and steel industry to ecotechnologies - a portrait of Luxembourg's vibrant and reliable economy. Luxembourg's economy is one of the most dynamic …
Luxembourg Economy, Politics and GDP Growth Summary - The …
WEBThe new coalition has outlined its policy priorities for its term: these include strengthening purchasing power, increasing housing supply and making the economy more competitive. Real GDP will rebound in 2024, compared with the estimated growth rate in 2023, driven by slowing inflation and monetary loosening.
WEBweak economic growth, weighing on the borrowing demand from firms and households. Economic growth slowed to 1.5% in 2022 and it is expected to remain weak in 2023. According to the Commission’s spring forecast, economic growth is expected to reach 1.6% in 2023 before returning to 2.4% in 2024. Despite the costs of the successive
Economic forecast for Luxembourg - European Commission
WEBMay 15, 2024 · The latest macroeconomic forecast for Luxembourg. Real GDP growth in Luxembourg is projected to remain low in 2024, at 1.4%, before recovering to 2.3% in 2025. The below-average growth in 2024 is mainly due to weaker net exports and investment amid adverse financing conditions and geopolitical uncertainty.
Luxembourg Economic Snapshot - OECD
WEBNov 17, 2022 · Economic Survey of Luxembourg - 17 November 2022. Luxembourg recovered quickly from the COVID-19 pandemic thanks to extensive policy support. However, the impact of the war in Ukraine is exacerbating inflationary pressures, alongside labour market shortages. This highlights the importance of boosting the resilience of the …
Luxembourg - The Observatory of Economic Complexity
WEBOverview In 2022 Luxembourg was the number 78 economy in the world in terms of total exports and the number 76 in total imports.
Luxembourg | OECD Economic Outlook, Volume 2021 Issue 2
WEBThe Luxembourg economy is set to strengthen further, growing 6.5% in 2021, 3.7% in 2022 and 3.1% in 2023. Investment is expected to rise, alongside stronger consumption, supporting growth even as financial and business services activity normalises. Employment and wage growth remain robust.
OECD Economic Surveys: Luxembourg 2022
WEBNov 17, 2022 · OECD’s periodic surveys of Luxembourg’s economy. Each edition surveys the major challenges faced by the country, evaluates the short-term outlook, and makes specific policy recommendations. Special chapters take a more detailed look at specific challenges. Extensive statistical information is included in charts and graphs.
Executive summary | OECD Economic Surveys: Luxembourg 2022
WEBHeadline inflation reached 8.8% in October, due to high energy prices, rising core inflation, and automatic wage indexation, which tends to push up wage inflation in an already-tight labour market. In the short term, growth is expected to slow, on the back of higher global interest rates, and plummeting confidence.
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