Luxembourg is the 18 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Luxembourg averaged 21.62 from 2007 until 2019, reaching an all time high of 25 in 2008 and a record low of 18 in 2019. source: World Economic Forum

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Luxembourg Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
18.00 19.00 25.00 18.00 2007 - 2019 Yearly


Luxembourg Competitiveness Rank
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability.

Luxembourg Business Last Previous Highest Lowest Unit
Business Confidence 105.00 100.30 123.50 74.70 points [+]
Industrial Production -7.10 -1.80 10.80 -11.10 percent [+]
Manufacturing Production 1.00 -3.10 23.20 -28.90 percent [+]
Capacity Utilization 79.00 80.30 88.20 62.20 percent [+]
Changes in Inventories 0.47 0.22 0.47 -0.35 EUR Billion [+]
Bankruptcies 1191.00 904.00 1191.00 102.00 Companies [+]
Car Registrations 3127.00 3952.00 6419.00 1166.00 [+]
Internet Speed 11591.05 11059.52 11591.05 2533.23 KBps [+]
IP Addresses 178495.00 194115.00 194115.00 93763.00 IP [+]
Steel Production 175.00 178.38 581.00 39.00 Thousand Tonnes [+]
Mining Production 13.80 -6.90 205.10 -77.50 percent [+]
Competitiveness Index 77.03 76.63 77.03 4.85 Points [+]
Competitiveness Rank 18.00 19.00 25.00 18.00 [+]
Ease of Doing Business 72.00 66.00 72.00 44.00 [+]
Electricity Production 46.00 30.00 381.00 28.00 Gigawatt-hour [+]
Corruption Index 81.00 82.00 90.00 68.50 Points [+]
Corruption Rank 9.00 8.00 19.00 7.00 [+]