Luxembourg PESTLE Insights - A Macroeconomic Outlook Report, GlobalData

Luxembourg PESTLE Insights - A Macroeconomic Outlook Report, GlobalData

  • February 2022 •
  • 44 pages •
  • Report ID: 6034961 •
  • Format: PDF
Luxembourg PESTLE Insights - A Macroeconomic Outlook Report

Summary
According to the analyst, in 2021, financial intermediation contributed 45.1% towards GVA, followed by transport, storage and communication (11.4%) and wholesale, retail trade and hotels with a share of 11.2% towards GVA. These three sectors are forecast to grow by 5.4%, 5.5%, and 12%, respectively, in 2022.

Canton Luxembourg and Canton Esch comprised 59.1% of Luxembourg’s population in 2021, according to National Statistics office

The overall Luxembourg stock index exhibited an increase over last year. As of February 1, 2022, the LUXX index stood at 1,687.7, compared to 1,349.1 on February 1, 2021.

Scope
- According to the World Bank, Logistics Performance Index (2018), Luxembourg’s rank declined to 24th in 2018 from second in 2016

Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
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