Luxembourg is a landlocked country in central Europe sharing borders with Germany, France, and Belgium. It has long been involved in international trade cooperation, beginning with the Benelux Customs Union in 1948 (with Belgium and the Netherlands) and was a founding member of the European Economic Community. The population of about half a million is primarily Roman Catholic (87 percent). Luxembourg has a stable and diversified economy and in 2009 had a per capita Gross Domestic Product of $77,660, the third highest in the world. Much of the labor force is foreign or cross-border workers from neighboring European countries, and Luxembourg has one of the highest net migration rates in the world at 8.44 per 1,000 population.

The World Economic Forum ranks Luxembourg in the middle ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles