Luxembourg

Region: Europe and North America
 

Classification of economies by geographic region is based on that of the United Nations Statistics Division.

High Income
 

Based on the income levels set out by the World Economic Forum (WEF) in its Global Competitiveness Report. However, the groupings are slightly different due to the numbers of economies covered. For GEM, the low income group contains both those classified as low income and lower middle by WEF, and the middle income group has those that WEF groups as upper middle. High income is the same for both GEM and WEF.

Population: 0.6 million
GDP: $57.4 billion
GDP Per Capita: $101,994

Luxembourg Reports

Name
Report information
pdf
Global Entrepreneurship Monitor Luxembourg 2017/2018
Report information
pdf
Global Entrepreneurship Monitor Luxembourg 2016/2017
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: https://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: https://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: https://www.gemconsortium.org/report/48866
GEM Luxembourg 2013 Report
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