Luxembourg
On this page you will find beneficial information regarding foreign direct investment in / trading with Luxembourg. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Constitutional Monarchy
Population: 650,774 (2022)
GDP: 69 billion USD (2022)
Corporate Tax Rate: 24.9%
Personal Income Tax Rate: 0% - 42%
Major Exports: The top exports of Luxembourg are Iron Blocks ($1.61B), Rubber Tires ($761M), Gas Turbines ($633M), Cars ($561M), and Cellulose Fibers Paper ($553M), exporting mostly to Germany ($4.15B), France ($3.07B), Belgium ($2.09B), Netherlands ($1.58B), and Italy ($883M).
Major Imports: The top imports of Luxembourg are Refined Petroleum ($2.48B), Cars ($1.96B), Electricity ($1.58B), Petroleum Gas ($908M), and Scrap Iron ($895M), importing mostly from Belgium ($7.67B), Germany ($7.45B), France ($3.13B), Netherlands ($1.75B), and United States ($854M).
Investment Agency: Luxembourg Trade and Investment Office
Website: https://www.tradeandinvest.lu/
National Chamber of Commerce: Luxembourg Chamber of Commerce
Website: https://www.cc.lu/
Customs Agency: Customs and Excise Administration
Website: https://douanes.public.lu/
