2019 Global Competitiveness Index: Luxembourg
Globally, Luxembourg ranks on place 18, out of 141 countries, climbing up one place compared to 2018. Within Europe, Luxembourg ranks 8th. Luxembourg’s strengths and weaknesses The strongest point is it’s macroeconomic stability (1st place), followed by its institutions (rank 9), the financial system (rank 10), and the markets for products (rank 11) and labour…