Citizens of Luxembourg enjoy the highest per capita gross domestic product in the world, according to an IMF estimate in 2022. Although Luxembourg in tourist literature is aptly called the "Green Heart of Europe", its pastoral land coexists with a highly industrialized and export-intensive area. Luxembourg's economy is quite similar to Germany's.
Luxembourg is a representative democracy headed by a constitutional monarch, Grand Duke Henri, making it the world's only remaining sovereign grand duchy. Luxembourg is a developed country with an advanced economy and one of the world's highest GDP (PPP) per capita as per IMF and World Bank estimates.
Luxembourg is the wealthiest country in the European Union, per capita, and its citizens enjoy a high standard of living. It is a major center for large private banking, and its finance sector is ...
Aug 7, 2022 · With a population of 642,371, Luxembourg is the only Grand Duchy in the world. Its GDP per capita of $140,694 makes it the world’s richest. The unemployment rate is just over 5%, and the...
Jan 12, 2021 · First in wealth by inhabitant But once you divide the GDP by inhabitant s, Luxembourg comes out top, and rising. Based on a population of 639,117 inhabitants (April 2021), the GDP per capita...
gdp growth 2.3% gdp per capita $104,100 trade balance/gdp 5% population 600.0K unemployment 5.8% public debt/GDP 23% inflation 2.1% As of December 2018 This small, stable, high-income economy has...
Mar 8, 2022 · Per capita Luxembourg richest country in the world, says report Written by Tracy Heindrichs Published on 03.08.2022 • Edited on 03.08.2022 at 01:46 Share The grand duchy’s residents have an average wealth of $140,694 when the GPD per capita and purchasing power parity are considered. Photo: Shutterstock
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