COUNTRY PROFILE. Luxembourg

Transcription

1 COUNTRY PROFILE Luxembourg

2 Statistical tables Factor I: Economic Performance WORLD COMPETITIVENESS RANKING 201 All data are available from the World Competitiveness Online. Visit our eshop 1

3 COMPETITIVENESS TRENDS - OVERALL LUXEMBOURG OVERALL PERFORMANCE (63 countries) 6 CHALLENGES IN 201 Moving Moving towards towards a sustainable a sustainable growth growth model, model, focused focused on on productivity and following the 3rd Industrial Revolution strategy. Raise awareness, prepare and qualify the workforce to the digital economy, support digital innovation in SMEs. Improve State governance efficiency and further the entrepreneurial dynamic through administrative simplification. Create a friendly environment for start-ups and boost entrepreneurship. Significantly increase housing supply to meet the rising demand. Provided Chamber of by: Commerce of the Grand Duchy of Luxembourg Chamber of Commerce of the Grand Duchy of Luxembourg BASIC FACTS Rank Capital Land area (square km '000) Luxembourg Exchange Rate (per $) Population - market size (millions) Gross Domestic Product (GDP) (US$ billions) GDP (PPP) per capita (US$) 106, Real GDP growth (%) Consumer price inflation (%) Unemployment rate (%) Labor force (millions) Current account balance (% of GDP) Direct investment stocks inward ($bn) Direct investment flows inward (% of GDP) COMPETITIVENESS LANDSCAPE Economic Performance Government Efficiency Business Efficiency Infrastructure Domestic Economy International Trade International Investment Employment Prices Public Finance Tax Policy Institutional Framework Business Legislation Societal Framework Productivity & Efficiency Labor Market Finance Management Practices Attitudes and Values Basic Infrastructure Technological Infrastructure Scientific Infrastructure Health and Environment Education PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (0 countries) POPULATIONS < 20 MILLION (3 countries)

4 COMPETITIVENESS TRENDS - FACTOR BREAKDOWN LUXEMBOURG ECONOMIC PERFORMANCE 3 5 Sub-Factor Rankings : 201 Domestic Economy International Trade International Investment 2 Employment 1 Prices GOVERNMENT EFFICIENCY Sub-Factor Rankings : 201 Public Finance 9 Tax Policy Institutional Framework Business Legislation 16 Societal Framework BUSINESS EFFICIENCY Sub-Factor Rankings : 201 Productivity & Efficiency 3 Labor Market 19 Finance 3 Management Practices 10 Attitudes and Values INFRASTRUCTURE Sub-Factor Rankings : 201 Basic Infrastructure 9 Technological Infrastructure Scientific Infrastructure Health and Environment 21 Education

5 WORLD COMPETITIVENESS DIGITAL RANKING 201 All data are available from the World Competitiveness Online. Visit our eshop

6 DIGITAL TRENDS - OVERALL LUXEMBOURG OVERALL PERFORMANCE (63 countries) Overall Alpha Alpha Factors Beta BetaLabel Gamma GammaLab Sub-Factors Knowledge Talent Training & education Scientific concentration Technology Regulatory framework Capital Technological framework The direction of the triangle indicates the performance change from the last year: improved or stable declined Future readiness Adaptive attitudes Business agility IT integration OVERALL & FACTORS - 5 years OVERALL Knowledge Technology Future readiness COMPETITIVENESS & DIGITAL RANKINGS Digital Competitiveness N.B. This graph provides only a comparison of the country s performance in the two rankings PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (0 countries) POPULATIONS < 20 MILLION (3 countries)

7 u Overall top strengths w Overall top weaknesses FACTORS BREAKDOWN - STRENGHTS AND WEAKNESSES LUXEMBOURG KNOWLEDGE Subfactors Talent Training & education Scientific concentration Talent Rank Rank Rank Training & education Scientific concentration Educational assessment PISA - Math 31 Employee training Total expenditure on R&D (%) 29 u International experience 6 Total public expenditure on education 1 Total R&D personnel per capita u Foreign highly-skilled personnel 6 Higher education achievement 1 Female researchers 2 Management of cities 20 Pupil-teacher ratio (tertiary education) w R&D productivity by publication 60 Digital/Technological skills 35 w Graduates in Sciences 59 Scientific and technical employment 2 w Net flow of international students 59 Women with degrees 22 High-tech patent grants 26 TECHNOLOGY Subfactors Regulatory framework Capital Technological framework Regulatory framework Rank Capital Rank Technological framework Rank Starting a business 36 u IT & media stock market capitalization 1 Communications technology 19 Enforcing contracts 13 Funding for technological development 16 Mobile Broadband subscribers 39 Immigration laws 10 Banking and financial services 19 Wireless broadband 3 Development and app. of technology u Investment risk 5 Internet users 9 Scientific research legislation Venture capital 2 Internet bandwidth speed 3 Intellectual property rights w Investment in Telecommunications 50 w High-tech exports (%) 6 FUTURE READINESS Subfactors Adaptive attitudes Business agility IT integration Adaptive attitudes Rank Business agility Rank IT integration Rank E-Participation 3 Opportunities and threats E-Government 2 Internet retailing - Innovative firms 20 Public-private partnerships Tablet possession - Agility of companies 1 Cyber security Smartphone possession - Use of big data and analytics 16 u Sofware piracy Attitudes toward globalization 1 Knowledge transfer 20 6

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