Luxembourg

Luxembourg

Innovation-Driven Economy
Population: 0.6 million
GDP: $57.4 billion
GDP Per Capita: $101,994
SME Contribution to GDP: 72%

Luxembourg Reports

Name
Report information
pdf
  • Year of publication: 2015
  • Category: National Reports
  • Language: English
  • Upload date: 2016-12-29

  • Entrepreneurship remains high in Luxembourg. Data show an overall increase in Total Early entrepreneurship Activity –TEA- between 2013 and 2015. TEA measured 8.7% in 2014, 7.1% in 2014, and 10.2% in 2015. Interestingly GDP growth followed a similar trend during this period (4.3%, 4.1%, and 4.8%), suggesting a positive correlation between economic growth and entrepreneurial activity.
  • URL: http://www.gemconsortium.org/report/49779
GEM Luxembourg 2015/2016
Report information
pdf
  • Year of publication: 2014
  • Category: National Reports
  • Language: English
  • Upload date: 2015-08-12

  • New data for 2014 offer important indications to understand how the entrepreneurship is evolving along time. The proportion of new entrepreneurs on total population is slightly lower in 2014 (7.1%) compared to 2013 (8.7%). But the proportion of established entrepreneurs has grown from 2.4% in 2013 to about 3.7% in 2014. Compared to 2013, coverage of entrepreneurship by the media is increased.
  • URL: http://www.gemconsortium.org/report/49219
GEM Luxembourg 2014 Report
Report information
pdf
  • Year of publication: 2013
  • Category: National Reports
  • Language: English
  • Upload date: 2015-03-27

  • Luxembourg’s share of around 8.7% total early entrepreneurial activity (TEA) is slightly higher than the share of other innovation driven countries and even much higher than in its direct neighboring countries (+-5%). The share of males involved in TEA is marginally higher than the innovation driven countries average. The share of persons expecting to start a business within the next 3 years is 15.6%; also here the share of men is higher than the share of women.

  • URL: http://www.gemconsortium.org/report/48866
GEM Luxembourg 2013 Report
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