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Setting up a Business in Luxembourg

“Doing Business in the very Heart of Europe”

Laws, Regulations and Standards

Facts and Figures

About Luxembourg - Facts and Figures



	Official Name		The Grand Duchy of Luxembourg.

	Capital Cities		Luxembourg Esch-Sur-Alzette Differdange Dudelange

	Population		448,569 inhabitants (2002 estimate); approximately 36% of the population are foreigners, mostly from other EU Member States, many cross border employees come to work in Luxembourg from neighbouring countries.

	Working Population		293,700, mainly Luxembourgers, cross border workers from France, Germany and Belgium and immigrants from Portugal and Italy.

	Unemployment Rate		3,8%

	Official Languages		French, German and Luxembourg

	Currency		Euro

	Exchange Rate EUR		US $1,203

	GDP		USD 20.1 billion

	GDP per head		USD 56,000

	GDP growth		1.2%

	Inflation		2%

	Exports		51% of GDP

	Top import sources		Germany France Belgium UK Italy Spain Netherlands China

	Top export markets		Germany France Belgium USA

	Religions		Roman Catholic – 87% Protestant, Jewish, Islamic - 13%

	Area Size		2,586 sq. kilometres

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