Quick facts about Luxembourg:
- Population: Approximately 634,000
- Capital: Luxembourg City
- Languages: Multilingual (Luxembourgish, French, German)
- Wealth: High GDP per capita
- European Hub: Home to European institutions
- Size: One of the smallest sovereign states
Fact 1: Luxembourg has highest GDP per capita
Luxembourg stands tall on the global economic stage with one of the highest GDP per capita figures, reaching approximately $127,076. This remarkable statistic places Luxembourg at the forefront, surpassing other nations and emphasizing its commitment to maintaining an exceptional standard of living. As a key player in the international economic landscape, Luxembourg’s financial strength continues to shine, securing its place among the world’s most prosperous nations.
Fact 2: Capital of Luxembourg UNESCO World Heritage Site
Luxembourg City, the capital of Luxembourg, earned its UNESCO World Heritage Site status due to its well-preserved historical fortifications and impressive architecture. The city’s inclusion on the list recognizes its strategic significance and cultural heritage. Luxembourg City is known for its stunning medieval and Renaissance structures, including the Grand Ducal Palace, the Notre-Dame Cathedral, and the Casemates du Bock. These architectural wonders contribute to Luxembourg City’s charm and make it a captivating destination for those interested in exploring Europe’s rich history and heritage.
Fact 3: There are 70 castles in this small country!
Luxembourg, despite its small size, boasts an astonishing number of castles, with approximately 70 scattered throughout the country. These medieval fortresses and stately residences reflect Luxembourg’s rich history and strategic importance over the centuries. From the imposing Vianden Castle to the picturesque Bourglinster Castle, each stronghold tells a unique tale, contributing to the cultural tapestry of this enchanting nation. Exploring these castles provides a fascinating journey through Luxembourg’s past, showcasing its resilience and enduring architectural legacy.
Note: Before visiting the country, find out if you need an International Driver’s License in Luxembourg to drive.
Fact 4: It’s the last Grand Duchy left in the world.
Luxembourg holds a unique distinction as the last remaining Grand Duchy in the world. Governed by a Grand Duke or Grand Duchess, this small yet sovereign state has preserved its centuries-old monarchy, adding a touch of regal charm to its modern landscape. Since 2000, Grand Duke Henri has been at the helm, guiding the nation through contemporary challenges. The formation of this grand principality dates back to the Middle Ages, and Luxembourg’s commitment to maintaining its distinctive political and cultural heritage makes it a truly exceptional entity on the global stage.
Fact 5: Luxembourg has a lot of car owners
Luxembourg have a high level of car ownership. The population of Luxembourg around 634,000 people, and the number of registered cars exceeded 700,000. This indicates that, on average, there are more than one car per inhabitant in Luxembourg, which is a relatively high ratio compared to other countries.
Fact 6: Luxembourg has completely free public transportation
The initiative to make public transportation free in Luxembourg started in 2020 for all residents and visitors. This move aimed to alleviate traffic congestion, reduce environmental impact, and promote the use of public transport. The decision marked Luxembourg as the first country in the world to offer free public transportation nationwide.
Fact 7: The country produces high-end wines
Luxembourg is known for its wine production, particularly its high-quality wines. The wine industry in Luxembourg is focused on the Moselle region, where vineyards benefit from the favorable climate and terroir for grape cultivation. The country has a long history of winemaking, and it is recognized for producing both white and sparkling wines.
Luxembourg’s wine production is relatively small compared to some other European countries, but the emphasis is often on high-quality, premium wines. Grapes like Riesling, Pinot Blanc, Pinot Gris, and Auxerrois are commonly grown, contributing to the production of flavorful and well-regarded wines.
Fact 8: Luxembourg has high-tech and precision industries
Luxembourg has been developing and expanding its high-tech and precision industries. The country has been actively working to diversify its economy beyond the traditional sectors like finance and steel production. Luxembourg’s government has been supportive of initiatives to foster innovation and technology-driven industries.
The focus on high-tech industries includes areas such as information and communication technology (ICT), space technology, and research and development. Luxembourg has shown a particular interest in becoming a hub for the space industry, with the establishment of Luxembourg Space Agency (LSA) and initiatives to attract space-related businesses and startups.
Additionally, the country has been investing in research and development, promoting a favorable environment for tech companies, and supporting digital innovation. Luxembourg’s efforts in these sectors are aimed at creating a knowledge-based economy that complements its existing strengths.
Fact 9: Luxembourg is a very safe country
It consistently ranks high in various global safety and quality of life indices. The low crime rate, effective law enforcement, and stable socio-political environment contribute to Luxembourg’s reputation as a safe place to live and visit.
However, it’s essential to note that no place is entirely free of crime, and individual experiences may vary. It’s advisable to stay informed about the current situation by checking updated travel advisories and local news sources, as circumstances can change.
Fact 10: Luxembourg is chosen by many companies for office location
Luxembourg is a preferred choice for numerous companies when selecting office locations. Renowned for its strategic location in the heart of Europe, political stability, and favorable business environment, Luxembourg has become a hub for international businesses. The country’s proactive approach to economic diversification, particularly in sectors like finance, technology, and logistics, has attracted a significant number of multinational corporations.
The presence of a well-developed financial sector, favorable tax policies, and a multilingual and highly skilled workforce are additional factors that contribute to Luxembourg’s appeal as a business destination. The country’s commitment to innovation, including its focus on becoming a hub for the space industry, has further enhanced its attractiveness to a wide range of companies.
Published February 25, 2024 • 8m to read