PESTLE Insights: Macroeconomic Outlook Report - Luxembourg
Summary
Financial intermediation, real estate and business activities contributed 46.2% to the gross value added (GVA) in 2019, followed by wholesale, retail and hotels (13.4%) and transport, storage and communication (9.1%), according to estimates. In nominal terms, the three sectors are expected to grow by 4.5%, 4.5% and 4.3%, respectively, in 2020.
Canton Luxembourg and Canton Esch comprise 59.8% of Luxembourg’s population as of 2019
Scope
Reasons to buy
Summary
Financial intermediation, real estate and business activities contributed 46.2% to the gross value added (GVA) in 2019, followed by wholesale, retail and hotels (13.4%) and transport, storage and communication (9.1%), according to estimates. In nominal terms, the three sectors are expected to grow by 4.5%, 4.5% and 4.3%, respectively, in 2020.
Canton Luxembourg and Canton Esch comprise 59.8% of Luxembourg’s population as of 2019
Scope
- Luxembourgian government ensures various support measures for newly created business enterprises
- The government is expected to spend EUR1.2bn (US$1.3bn) on mobility planning, public and rail transportation, according to the Budget 2020
- The overall LUXX (Luxembourg Stock Exchange) index exhibited an increasing trend over the past year. As of December 16, 2019, LUXX index stood at 1391.0, compared to 1380.2 on December 14, 2018
Reasons to buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Table of Contents
- Did you Know?
- Country Highlights
- Country Snapshot
- PESTLE Insights
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
List of Figures
Exhibit 1: Luxembourg’s Performance in the Country Risk Analysis in Comparison to Western Europe and the World
Exhibit 2: Performance Overview (Score: 1-100)
Exhibit 3: Broad Categories and Weights behind the Index
Exhibit 4: LUXX Index
Exhibit 5: Key Sectors Contribution to Economy (2015-2022f)
Exhibit 6: FDI Inward and Outward Position (2012-2018) and FDI Position By Sector (2015-2018)
Exhibit 7: FDI Position By Country (2015-2018) and Share Of FDI By Country (2018)
Exhibit 8: Key Infrastructure Indicators
Exhibit 9: Real GDP and Household Consumption Growth Rate (2015-2022f)
Exhibit 10: Real GDP Growth Rate Comparison (2018)
Exhibit 11: Export, Import and Trade Balance (2015-2022f)
Exhibit 12: Current Account Balance (2015-2022f)
Exhibit 13: Top Three Commodity Exports, % of Total Exports, 2015-2018
Exhibit 14: Iron and Steel, % Share in World’s Total (2018)
Exhibit 15: Interest Rates (December 2012-December 2019)
Exhibit 16: Exchange Rate and Inflation (2015-2022f)
Exhibit 17: Public Finance (2015-2022f)
Exhibit 18: General Government Debt (2015-2022f)
Exhibit 19: Employment/Unemployment (2015-2022f)
Exhibit 20: Average Annual Wages (2015-2022f)
Exhibit 21: Labour Cost Index (2015-2022f)
Exhibit 22: Rural/Urban Share of Total Population (1995,2005,2015,2025)
Exhibit 23: Age-group Share of Total Population (2005,2015,2025)
Exhibit 24: Gender Split (1995,2005,2015,2025)
Exhibit 25: Internet Users % of Total Population, Mobile Penetration Rate and Broadband Penetration Rate, 2019e
Exhibit 26: Number of Patents Granted Per Million Population, 2018
Exhibit 27: High-tech Exports, % of Total Manufactured Exports (2018)
Exhibit 28: Doing Business in Luxembourg 2020
Exhibit 29: Corruption Perception Index (Rankings) 2018
Exhibit 30: CO2 Emissions (2012-2018)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ArcelorMittal
- BIP Investment Partners
