Search results
The country shares international borders with Belgium to the west and north, Germany to the east, and France to the south. Luxembourg's geography offers two principal regions: the Oesling, a part of the Ardennes massif, a hilly region with large mixed forests in the north, and the Gutland ("good country"), the relatively urbanized region in the ...
Luxembourg is a founding member of the International Bank for Reconstruction and Development (IBRD) . Today, the country is a member of the five institutions that form the World Bank Group , including the International Development Association (since 1964), the International Finance Corporation (1956), the Multilateral Investment Guarantee ...
In 2021, the least developed countries (LDCs) received 52.8% of Luxembourg’s gross bilateral ODA (USD 193 million). This is greater than the DAC average of 22.9%. Luxembourg allocated the highest share of gross bilateral ODA (52.8%) to least developed countries in 2021, noting that 30.3% was unallocated by income group.
Jan 24, 2024 · Luxembourg has the highest level of real GDP per capita in the world, making it a developed country. It is known for its strong financial sector and high standard of living. What are 5 interesting facts about Luxembourg?
Luxembourg's economy is one of the most dynamic in Europe and one of the most open in the world. In global rankings about territorial competitiveness, digitalisation and innovation, it regularly ranks in the top 10. Moreover, it is considered to be the economic powerhouse of the Greater Region, territory composed of regions from 4 countries.
The country has specialised in the cross-border fund administration business. As Luxembourg's domestic market is relatively small, the country's financial centre is predominantly international. At the end of March 2009, there were 152 banks in Luxembourg, with over 27,000 employees.
Mar 26, 1995 · The country is divided into 4 electoral regions, 12 administrative cantons and 105 communes. 12 of the communes have city status, the largest being Luxembourg City. Luxembourg City, together with Brussels and Strasbourg, is one of the three official seats of the European institutions.
