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3 days ago · Why is Luxembourg so rich: steel, taxes, billionaires. In this article, we will examine the factors that contribute to Luxembourg's prosperity and provide an overview of the Grand Duchy's economic landscape, as well as answer to the most popular questions about Luxembourgish wealth.
5 days ago · As of October 2023, it is the richest country in the world with a GDP per capita (PPP) of $143,303. This remarkable achievement is a testament to Luxembourg’s economic stability and prosperity. While Luxembourg is not officially listed as a tax haven by the European Union, it is still considered one by organizations like Oxfam France.
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1 day ago · One of the fun facts about Luxembourg is that almost 50% of its population are foreign nationals. 2. The only Grand Duchy in the World. Something remarkable about Luxembourg is that it is the sole existing Grand Duchy in the world—a constitutional monarchy headed by a grand duke or duchess.
5 days ago · Luxembourg ranks third in our list of the top 10 richest countries in the world. The country has posted a GDP per capita of $109, 199, an increase of 3.9 percent from last year. Its diverse natural resources are seen as the main driver of Luxembourg’s economic growth with the steel, industrial and banking segments as its leading revenue ...
5 days ago · The discovery of significant reserves of iron ore in the mid-19th century changed Luxembourg's fortunes almost overnight. Mines and factories sprung up, and the country's lucrative steel industry ...
5 days ago · This statistic shows the percent share of gold as compared to the total central bank reserves of the countries with the largest gold holdings worldwide as of 2023. At that point, the United States ...