Luxembourg, officially the Grand Duchy of Luxembourg, is a landlocked country in Western Europe. It is bordered by Belgium to the west and north, Luxembourg to the east, and France to the south. It comprises two principal regions: the Oesling in the north as part of the Ardennes massif, and the Gutland in the south.
Luxembourg had estimated population of 0.563 million in the year 2016 and expected to reach 0.663 million by 2022. Luxembourg’s 0.419 million population was employed in 2016 and the unemployment rate was 6.391% of total labor force.
Luxembourg’s real gross domestic product (GDP) was around Euro 47.867 billions in 2016 whereas the nominal GDP was Euro 53.739 billions. This resulted in GDP deflator 112.267. Per capita GDP was estimated at USD 103198.824 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 104003.301.
The output gap for Luxembourg in 2016 was 0.316% of the potential GDP which indicates that Luxembourg economy was outperforming by managing actual output higher than it’s maximum potential.
In 2016, Luxembourg government’s revenue was Euro 23.18 billions whereas the expenditure was Euro 22.256 billions. This resulted Luxembourg government’s net lending / borrowing at Euro 0.924 billion in 2016 indicating that enough financial resources were made available by the government to boost economic growth.
The current account balance for Luxembourg was estimated to be at USD 2.854 billions for the year 2016 and is expected to grow at a CAGR of 5.66% and reach USD 4.377 by 2022. This positive current account balance indicates the Luxembourg is net lender to the whole world.
Scope of Luxembourg – PESTEL Analysis Report
• This report provides information about key macroeconomic indicators for Luxembourg.
• This report provides PESTEL (political, economic, social, technological, environmental and legal) analysis for Luxembourg.
1. Executive Summary
Scope of Luxembourg – PESTEL Analysis Report
Research Methodology
2. Luxembourg - Country Overview
2.1 People Indicators
2.1.1 Population
2.1.2 Employment
2.1.3 Unemployment
2.2 National Accounts Indicators
2.2.1 Real Gross Domestic Product
2.2.2 Nominal Gross Domestic Product
2.2.3 Gross Domestic Product Deflator
2.2.4 Per Capita Gross Domestic Product
2.2.5 Output Gap
2.2.6 Purchasing-Power-Parity (PPP) Based Per Capita GDP
2.2.7 Total Investment / Gross Capital Formation
2.2.8 Gross National Savings
2.3 Monetary Indicators
2.3.1 Consumer Price Index (CPI) Inflation
2.4 Trade Indicators
2.4.1 Change in Import Volume of Goods & Services
2.4.2 Change in Export Volume of Goods & Services
2.5 Government Finance Indicators
2.5.1 Government Revenue
2.5.2 Government Expenditure
2.5.3 Government Net Lending / Borrowing
2.5.4 Government Gross Debt
2.6 Balance of Payment Indicators
2.6.1 Current Account Balance
3. PESTEL Analysis
3.1 Political Factors
3.2 Economic Factors
3.3 Social Factors
3.4 Technological Factors
3.5 Environmental Factors
3.6 Legal Factors
List of Exhibits
Notes
Company Information
List of Exhibits
Exhibit 2.1 Population of Luxembourg (in millions)
Exhibit 2.2 People Employment in Luxembourg (in millions)
Exhibit 2.3 Unemployment Level in Luxembourg (in %)
Exhibit 2.4 Real GDP of Luxembourg (in Euro billions)
Exhibit 2.5 Nominal GDP of Luxembourg (in Euro billions)
Exhibit 2.6 Nominal GDP of Luxembourg (in USD billions)
Exhibit 2.7 GDP Deflator Index for Luxembourg
Exhibit 2.8 Per Capita GDP of Luxembourg (in USD)
Exhibit 2.9 Output Gap of Luxembourg (in %)
Exhibit 2.10 PPP Per Capita GDP of Luxembourg (in USD)
Exhibit 2.11 Total Investment of Luxembourg (in %)
Exhibit 2.12 Gross National Savings of Luxembourg (in %)
Exhibit 2.13 Consumer Price Index (CPI) Inflation of Luxembourg
Exhibit 2.14 Change in Import Volume of Goods & Services of Luxembourg (in %)
Exhibit 2.15 Change in Export Volume of Goods & Services of Luxemboug (in %)
Exhibit 2.16 Government Revenue of Luxembourg (in Euro billions)
Exhibit 2.17 Government Revenue of Luxembourg (in % of GDP)
Exhibit 2.18 Government Expenditure of Luxembourg (in Euro billions)
Exhibit 2.19 Government Expenditure of Luxembourg (in % of GDP)
Exhibit 2.20 Government Net Lending / Borrowing of Luxembourg (in Euro billions)
Exhibit 2.21 Government Net Lending / Borrowing of Luxembourg (in % of GDP)
Exhibit 2.22 Government Gross Debt of Luxembourg (in Euro billions)
Exhibit 2.23 Government Gross Debt of Luxembourg (in % of GDP)
Exhibit 2.24 Current Account Balance of Luxembourg (in USD billions)
Exhibit 2.25 Current Account Balance of Luxembourg (in % of GDP)
*If Applicable.