It’s a pleasure for me to be able to open an Economic Survey speech with a truly positive message. I’ve launched many surveys throughout the OECD in difficult times. There haven’t been many other occasions over the last years where I could stand up and say: things are looking good!
Le Luxembourg a bien résisté à la crise économique mondiale, mais doit prendre des mesures supplémentaires pour favoriser la diversification de son économie tout en continuant de garantir la bonne santé de son secteur financier, d’après la dernière Étude économique du Luxembourg réalisée par l'OCDE.
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This country note from Going for Growth 2015 for Luxembourg identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
À la fin 2012, le Luxembourg comptait 537 000 habitants, soit une progression de 2.3 % par rapport à l’année précédente.
Country notes outlining regional variations in health, jobs, safety, environment, access to services, civic engagement, housing, education, income, and employment. These notes are from the OECD publication "How's Life in Your Region?".
Getting regions and cities 'right', adapting policies to the specificities of where people live and work, is vital to improving citizens’ well-being. View the country factsheets from the publication OECD Regional Outlook 2014.
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Luxembourg devotes the highest level of public resources to education among OECD countries in terms of spending per student.
This review analyses the energy policy challenges facing Luxembourg and provides recommendations for each sector. It is intended to help guide the country towards a more secure and sustainable energy future and the development of its 2030 energy strategy.
It finds that since 2008, Luxembourg’s energy policy has focused on mitigating CO2 emissions in transport and industry and on supporting renewable energies and energy efficiency towards 2020. Luxembourg’s greenhouse gas emissions have stabilised as energy-intensive industries have scaled back their activities and the government put strong energy efficiency policies in place, notably for buildings.
Since 2009, the country’s research and development (R&D) policies have promoted eco-innovation and clean energy technologies. In 2012, government spending on energy R&D as a ratio of gross domestic product was the highest among IEA members. Luxembourg is creating a national platform for smart meters and electric vehicles, the first of its kind country-wide roll out.
Nonetheless, Luxembourg faces several energy challenges. Oil consumption in transport is rising because of growing road fuel sales, largely the result of tax differences to neighbouring countries. This increases Luxembourg’s emissions and its oil stockholding needs. Because the country imports all of its energy needs, energy security is a priority. Luxembourg has sought to address this through greater regional integration such as merging its gas market with Belgium and increasing its electricity interconnection with France and Belgium. Yet the benefits of regional integration of wholesale energy markets have not yet translated to retail markets. Moreover, as regional electricity trade grows and neighbouring countries introduce ambitious decarbonisation policies and capacity markets, Luxembourg will need to define its priorities for an energy strategy through 2030.
Individual country notes assessing how regions and cities contribute to national growth and the well-being of society.
These country notes contain indicators which compare the political and institutional frameworks of national governments as well as revenues and expenditures, employment, and compensation. They include a description of government policies on integrity, e-government and open government.