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Europe 2020 in Luxembourg

Economic situation and outlook

 

Economic activity has gained strong momentum in recent years approaching the growth rates of the period before the crisis. GDP is expected to increase by 4.7 % in 2015 after 4.1 % in 2014. According to the Commission 2016 winter forecast, economic activity is projected to continue expanding in 2016 and in 2017 at a rate around 4 %. Growth is expected to be driven mainly by the contribution of net exports and especially financial services.

 

Read a complete analysis of Luxembourg's economy in the country report 2016 pdf - 2 MB [2 MB] français (fr)

See how Luxembourg compares with other EU Member States in key areas.

 


 

2015 recommendations in brief

The Commission has made three country-specific recommendations to Luxembourg to help it improve its economic performance. These are in the areas of: taxation; pensions; wage-setting.

 


 

European Semester Documents for Luxembourg