IMD World Competitiveness Yearbook 2021Luxembourg climbs from rank 15 to 12

RTL Today
The assessment of the Chamber of Commerce is that the Grand Duchy managed to turn "the crisis into an opportunity for competitiveness".
© AFP

The statement further reads that the country’s economic and political actors showed a great capacity for adaptation under extreme conditions.

It currently looks as though the national economy is on its way of recovery.

For more information on the ranking and its criteria, please consult the following summary:

PDF: Report summary (ENG)

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