As Luxembourg's position falls to 29th in global digital competitiveness, the Chamber of Commerce warns that regulatory and educational gaps must be addressed to keep pace with rapid digital transformation.

On Thursday, the Chamber of Commerce shared the latest results from the World Digital Competitiveness Ranking, showing that Luxembourg has dropped to 29th place out of 67 countries, down from 21st five years ago. The United States maintained its lead, followed by Singapore, Switzerland, and Denmark.

The ranking, which evaluates countries based on 58 indicators, highlighted a decline for Luxembourg in new technology education. In response, the Chamber of Commerce called on the government to take action to "reverse the trend". Another area of concern was the regulatory framework, which remains a weak spot for the country.

Luxembourg's lowest score was in "future readiness", where it ranked 54th out of 67. This category measures a country's preparedness for digital development. According to the ranking, businesses in Luxembourg are not accessing digital opportunities quickly enough and lack sufficient awareness around cybersecurity.