Grand Duchy of Luxembourg

Capital: Luxembourg                               HDI: 0.881 (21st)

Language: Luxembourgish, German, French

GDP (PPP): $62.4 billion

Population: ~ 570 thousand

Currency: Euro

Luxembourg can be described as small, stable, wealthy, and at the heart of Western Europe. The nation has long been the largest private banking center in Europe, and its economy is built around the financial sector and its reputation as a tax haven. The government has been looking to diversify this financially focused economy by attracting internet startups such as Skype. The relative wealth of country compared to its size means that the standard of living is extremely high with the GDP per capita being the highest in the Eurozone.





    Luxembourg Forums

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