Luxembourg

Luxembourg

Innovation-Driven Economy
Population: 0.6 million
GDP: $57.4 billion
GDP Per Capita: $101,994
SME Contribution to GDP: 72%

Luxembourg Reports

Name
Report information
pdf
  • Year of publication: 2017
  • Category: National Reports
  • Language: English
  • Upload date: 2017-10-24

  • The report presents the results for the year 2016/2017 of GEM study for Luxembourg. The study has been conducted by the Statistical institute -STATEC- in collaboration with the Ministry of Economy and the Chamber of Commerce within the framework of the international program "Global Entrepreneurship Monitoring" (GEM). The proportion of new entrepreneurs in the population aged 18 to 64 has reached 9.2% in 2016. Luxembourg lies thus above the European average (8.6%). Over the past years, the proportion of new entrepreneurs remained stable at around 9%, this reflects a presence of entrepreneurial spirit in Luxembourg.
  • URL: http://gemconsortium.org/report/49925
Global Entrepreneurship Monitor Luxembourg 2016/2017
Report information
pdf
  • Year of publication: 2015
  • Category: National Reports
  • Language: English
  • Upload date: 2016-12-29

  • Entrepreneurship remains high in Luxembourg. Data show an overall increase in Total Early entrepreneurship Activity –TEA- between 2013 and 2015. TEA measured 8.7% in 2014, 7.1% in 2014, and 10.2% in 2015. Interestingly GDP growth followed a similar trend during this period (4.3%, 4.1%, and 4.8%), suggesting a positive correlation between economic growth and entrepreneurial activity.
  • URL: http://gemconsortium.org/report/49779
GEM Luxembourg 2015/2016
Report information
pdf
  • Year of publication: 2014
  • Category: National Reports
  • Language: English
  • Upload date: 2015-08-12

  • New data for 2014 offer important indications to understand how the entrepreneurship is evolving along time. The proportion of new entrepreneurs on total population is slightly lower in 2014 (7.1%) compared to 2013 (8.7%). But the proportion of established entrepreneurs has grown from 2.4% in 2013 to about 3.7% in 2014. Compared to 2013, coverage of entrepreneurship by the media is increased.
  • URL: http://gemconsortium.org/report/49219
GEM Luxembourg 2014 Report
Report information
pdf
  • Year of publication: 2013
  • Category: National Reports
  • Language: English
  • Upload date: 2015-03-27

  • Luxembourg’s share of around 8.7% total early entrepreneurial activity (TEA) is slightly higher than the share of other innovation driven countries and even much higher than in its direct neighboring countries (+-5%). The share of males involved in TEA is marginally higher than the innovation driven countries average. The share of persons expecting to start a business within the next 3 years is 15.6%; also here the share of men is higher than the share of women.

  • URL: http://gemconsortium.org/report/48866
GEM Luxembourg 2013 Report
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