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  1. Apr 21, 2021 · Why is Luxembourg the richest country? Luxembourg is the wealthiest country in the European Union, per capita, and its citizens enjoy a high standard of living. Luxembourg is a major center for large private banking, and its finance sector is the biggest contributor to its economy. The country’s main trading partners are Germany, France and ...

  2. Mar 18, 2021 · Why is Luxembourg the richest country in Europe? Luxembourg is the wealthiest country in the European Union, per capita, and its citizens enjoy a high standard of living. Luxembourg is a major center for large private banking, and its finance sector is the biggest contributor to its economy.

  3. Answer (1 of 8): Well, indeed, it is not the richest country in the world. Even GDP per capita is not a good marker of prosperity, because, in Luxembourg, this figure is misleading.

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  5. Apr 16, 2021 · Luxembourg is the second richest country in the world with an average GDP per capita of $79,593,91. The high figure is partly due to the large number of people working in the tiny landlocked nation while living in surrounding France, Germany and Belgium.

  6. Why is Luxembourg so rich 2020? Luxembourg is the second richest country in the world with an average GDP per capita of $79,593,91. The high figure is partly due to the large number of people working in the tiny landlocked nation while living in surrounding France, Germany and Belgium.

    • Barbara Tasch
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    • Location location location. Located in the heart of Western Europe, Luxembourg offers easy access to every big and small city around. With up to nine flights to London on some days, the financial hub of the world is only a one-hour flight away.
    • Castles are everywhere. Though the country gained its full independence only in 1839, Luxembourg City's roots go back very a long way. The first mentions of the city go back to the year 963.
    • Luxembourg City is like no other. While it doesn't have the most creative name, the country's capital is a superb example of the juxtaposition between the old and the new as well as natural and man-made.
    • Different cultures to experience. Already an exception in many areas, the country continues on that streak when it comes to immigration. Of Luxembourg's population, which stood at 562,958 at the start of 2015, almost 46% are foreigners.
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