Country profile
Luxembourg
A small EU economy and a headquarters location for many industrial groups; its own exports are steel, plastics, tyres and machinery.
Updated 11 November 2026. Sources at the bottom of the page.
- Capital
- Luxembourg
- Population
- 696,000 (2026)
- Currency
- Euro (EUR)
- GDP, 2026
- US$108 billion
- Exports, 2025
- US$16.7 billion
- Exchange rate
- 1 EUR = 1.12 USD (10 Nov 2026)
Economy
IMF World Economic Outlook, October 2026. 2026 and 2027 are IMF projections.
1.1%Real GDP growth, 2026
1.6%Real GDP growth, 2027
3%Inflation, 2026
6.4%Unemployment, 2026
28.5% of GDPGovernment debt, 2026
4.2% of GDPCurrent account, 2026
Compare Luxembourg with other countries →
Trade
Top export markets
Share of the country’s exports, 2025
- Germany (25.3%)
- France (15.5%)
- Belgium (14.2%)
- Netherlands (6.6%)
- Italy (4.2%)
Main exports
Product groups, share of exports
- Machinery, including computers (12%)
- Plastics (10.7%)
- Vehicles and parts, including tyres (10.4%)
- Iron and steel (7.5%)
- Articles of iron or steel (5.5%)
Main trade agreements
- EU single market
- EU agreements including CETA (Canada), EU–Japan, EU–Korea, EU–Mexico and EU–Vietnam
- EU–UK Trade and Cooperation Agreement
- Belgium–Luxembourg Economic Union
Trade policy to watch
- EU Carbon Border Adjustment Mechanism (CBAM): in its definitive phase since 1 January 2026 for imports into the EU of iron and steel, aluminium, cement, fertilisers, electricity and hydrogen.
- EU trade policy: no tariffs inside the EU; trade with non-EU countries is set at EU level.
- Headquarters: many groups are registered in Luxembourg but make their products in other countries.
Energy
Luxembourg imports most of its electricity and all of its oil and gas. Wind and solar are growing locally.
What it means for your supply chain
- A Luxembourg head office does not tell you where products are made; check the plant locations.
- Luxembourg is home to steel, tyre and specialty materials producers.
- Importers of steel, aluminium and other CBAM goods into Luxembourg need emissions data from their non-EU suppliers.
Luxembourg in the Supplier Hub
7 companies in the Supplier Hub are listed under Luxembourg.
Sources
- IMF, World Economic Outlook, October 2026: GDP, growth, inflation, unemployment, government debt, current account (2026 and 2027 are projections; updated automatically).
- IMF, World Economic Outlook database: population (2026 estimate).
- World’s Top Exports: export markets and main exports.
- Bank of Canada, daily exchange rates (cross rates calculated from CAD rates; updated daily).
- Energy Institute, Statistical Review of World Energy 2026: energy profile.
- European Commission, Carbon Border Adjustment Mechanism.
Figures are the latest published at the time of the update and may since have been revised. This page is for general information, not investment or legal advice.