International rankings

For more details on Luxembourg's international rankings, you can consult the following link [Fr]:                https://odc.gouvernement.lu/fr/statistiques/benchmarks-internationaux.html

 

 

Luxembourg ranked in the top 20 globally for its logistics capabilities

Luxembourg has been ranked sixteenth globally with a score of 3.84 by the World Bank's logistics performance index for 2018, published as part of the sixth edition of its biannual Connecting to Compete study.

The index, headed by Germany with a score of 4.19, measures countries' commercial logistics capabilities on a scale of one to five.

Source: The World Bank 

 

 

 

Supply-chain resilience index: Luxembourg a leader ranked 7th worldwide

Supply chain risk is a major concern for business, particularly those working across borders. Businesses come to Luxembourg for its expertise in managing these risks and turning them to commercial advantage. This skill is reflected in the 2019 Resilience Index published by the consultants FM Global, with Luxembourg ranked 7th in the world.

 

A total of 130 countries were analysed, looking at the state of their economies (productivity, political risk, oil dependency), overall risk levels (the prevalence of natural hazards and management systems), and the supply chain robustness (corruption, infrastructure, supplier quality). Taking all these metrics as a whole, Luxembourg scored 94 out of a maximum 100.

 

Concerning in particular the three sub-categories composing the general composite index, Luxembourg ranks as follows:

  • Economy – Luxembourg ranks 2nd worldwide (91.3): productivity (84.8), political risk  (93.6), oil dependency in the economy (64.9), urbanisation rate (84.6);
  • Risks - Luxembourg ranks 18th worldwide (79.9): exposure to natural hazard risks (95.3), potential for improvement in natural hazard risk management (62), fire risk management (72.5), cyber risk (50.3);
  • Supply chain - Luxembourg ranks 23rd worldwide (78.8): corruption control (93,0), infrastructure quality (83.6), corporate governance (64.6), supply chain visibility (69.7).

Find out more about Luxembourg's ranking in the resilience index.

 

Luxembourg competitiveness ranked 12th in the world

Luxembourg has been placed 12th in the 2019 edition of the World Competitiveness Yearbook ranking compiled by Lausanne-based business school International Institute for Management Development.

Luxembourg scored highly in areas including international investment (2nd in the world), productivity (11th), finance (5th ), or international trade (5th).

Read more about Luxembourg's ranking [pdf]

 

Luxembourg among world's top countries in global innovation index

Luxembourg has been ranked 18th out of 129 countries worldwide in the latest Global Innovation Index compiled by Cornell University and the World Intellectual Property Organisation.

Luxembourg is placed eleventh globally (7th in the EU) in the Innovation Output sub-index and second for creative outputs. 

The report presents the following observation concerning Luxembourg: "Luxembourg, in turn, aims to develop its innovation leadership through its strong infrastructure, its location in the heart of Europe, its strong services economy, and its talent base. Luxembourg’s efforts are focused on five key areas: infrastructure, skills, government, ecosystem, and policy. Luxembourg aims to invest around 2.5% of its GDP in research in 2020. New financing programs will be launched to foster digital high-tech start-ups. In May 2019, Luxembourg presented its national AI strategy and is rolling out its data-driven innovation strategy with focus on seven specific sectors: ICT, manufacturing industry, eco technologies, health technology, space, logistics, and financial services. Examples of innovative initiatives are the rollout of fiber optic cable to homes, 5th generation networks, and its National CyberSecurity Strategy. Other areas of policy focus include increasing investments and strides in high-performance computing, creating a national strategy for AI, boosting the commercial adoption of block chain, fostering digital skills, and developing further the local space industry. Luxembourg also prioritizes the exploitation of public sector information and open data to spur innovation. In the area of talent, Luxembourg has simplified residence permits for highly qualified workers."

Find out more about Luxembourg's ranking in the Global Innovation Index [pdf].

 

 

Luxembourg 6th digital economy in Europe

Luxembourg ranks 6th out of the 28 EU Member States. Overall it has maintained its rank and improved its score slightly since last year. Luxembourg performs well in connectivity, both for coverage and subscription: it is especially high-performance in the adoption of fixed and mobile high speed internet. It records very good results for human capital, especially in use or in digital skills where it is a top performer. It achieves very good results for internet use by its residents: individuals have a higher than average use compared with the EU overall. On the other hand, it lags behind in the integration of digital technologies by companies, for e-business and even more for e-commerce. It also lags behind in digital public services.

Source: European Commission.

 

Luxembourg in global top 20 for expatriate quality of life

International organisation InterNations has ranked Luxembourg 12th out of more than 65 countries around the world in Expat Insider, an annual survey based on the views of expatriates.

Luxembourg scores highly for quality of life, peacefulness, political stability and is the best for a strong economy and security of employment.

Find out more about Luxembourg's ranking in InterNations [pdf].

 

University of Luxembourg ranks 1st worldwide for its “international character”

The University of Luxembourg is ranked 17th among the best young universities in the world, according to the latest Time Higher Education (THE) 150 Under 50 Rankings 2019.

The 150 Under 50 Rankings are a global list of the best universities that have been established within the last 50 years. Institutions are evaluated on 13 performance indicators grouped into five categories: teaching, research, citations, international outlook and industry income.

The 2020 Times Higher Education World University Rankings classes the University of Luxembourg in the top 201 to 250 best universities in the world.

The new classification published on 11 September 2019 evaluated 1,396 universities in all.

Whereas the positioning of the University of Luxembourg in the total classification remains stable compared with the  previous year, the University improved its underlying score.

The University of Luxembourg ranks first worldwide in the category «international character» (3rd place the previous year). It also improved its score in most of the other evaluation criteria used by the Times Higher Education (THE), in particular in teaching and research.

«The confirmation of our classification among the best universities worldwide bears witness to the quality of the research and teaching at the University of Luxembourg. I am happy to note the improvement of our scores in the evaluation of these categories by the THE. These results encourage us to continue developing the basic missions of the University», declared Stéphane Pallage, Rector of the University of Luxembourg.

The Times Higher Education regularly evaluates and classifies universities throughout the world. The University of Luxembourg has been included in the THE classification since 2016. The 2020 classification covers 1,396 institutions, compared with 1,258 the previous year.

Source: Times Higher Education

Luxembourg: third most competitive financial centre in the Eurozone

Once again, Luxembourg has been ranked in the first division of global financial centres in terms of competitiveness. In the “Global Financial Centres Index ” by the consultancy Z/Yen and the Long Finance initiative, the country was placed 25th, but 3rd in the Eurozone (after Frankfurt and Paris), 4th in the EU (behind London, Frankfurt and Paris).

These results are based on a survey of financial professionals, plus industry and economic data about one hundred international financial centres. Human capital, the business environment, financial sector development, infrastructure plus reputational and general factors were all taken into account in this report.

Read more about the Global Financial Centres Index [pdf].

 

 

 

 

World Economic Forum Global enabling trade report

Luxembourg ranks 4th in the Global enabling trade report of the year 2016. Luxembourg has further improved the quality of transport services it can offer to its businesses, moving up nine notches and gaining the top position globally.

In fact, the country now ranks in the top 10 across all the available indicators in this area and 1st for ease and affordability of shipments and their timeliness in reaching destinations.

The quality of its operating environment has also further improved, making Luxembourg the 3rd best country in the world for companies to operate in and the most open to foreign participation.

Source : World Economic Forum.

 

International Chamber of Commerce (ICC) Open Markets Index 2017

Singapore, Hong Kong SAR and Luxembourg head the 2017 rankings for the 4th successive edition of the report, far outstripping major economies such as the United States in terms of trade openness.

It has to be noted that Luxembourg achieved the highest level of openness in relation to trade to GDP ratio, for merchandise and services imports per capita and in the Logistics Performance Index among others.

Source : International Chamber of Commerce.

 

 

 

Statistics on language learning in primary and secondary schools of the EU Member States

Luxembourg is of particular interest, insofar as there are three official languages, with most pupils receiving instruction in Luxembourgish, German and French in primary education. English is only introduced at secondary school, what makes Luxembourg standing out as the EU Member State with the highest proportion (100%) of upper secondary general education students learning two or more languages.

Source : Eurostat.

 

 

Foreign language skills statistics

Almost three quarters (72%) of the adult working-age population in Luxembourg know three or more foreign languages. Less than 3 % report that they did not know any foreign language.

The very high proportion of working-age adults in Luxembourg who reported speaking at least three foreign languages may, at least in part, reflect the local administrative and education systems. Indeed there are three official languages in the country and most pupils receive instruction in Luxembourgish, German and French at a primary level of education, with English and other languages being introduced at secondary level.

Source : Eurostat.

 

EF English proficiency index : Luxembourg, 9th country in the world

With a score of 64,03 (very good proficiency), Luxembourg ranks 9th in the EF ranking on the English proficiency index in non-mother tongue countries.

Source : Education First.

 

Luxembourg among the top 30 countries most ready to benefit from e-commerce (UNCTAD BtoC Index 2018)

In 2019, Luxembourg was ranked 29th  out of 152 countries in the UNCTAD's ranking of those 152  countries' capacity to support online shopping and other business-to-consumer e-commerce. 

Source: United Nations Conference on Trade and Development.

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