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GEM Luxembourg 2015/2016

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.

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