Luxembourg digital competitiveness on the rise
17 November 2021
A trusted data hub.
Luxembourg has developed a highly sophisticated digital infrastructure and world-class skills in cyber security, big data storage and processing, as well as high-performance computing.
What’s the digital status of global economies in post-pandemic times?
According to the 2021 World Digital Competitiveness Ranking, Luxembourg moved up six places to 22nd overall. The country stands out in particular for its regulatory framework, including scientific research legislation, and capital.
Strong scientific research legislation
Luxembourg’s good performance in the technology category is notably due to its regulatory framework. Indeed, it ranks ninth for its legislation on scientific research. In other terms, Luxembourg’s laws relating to scientific research do encourage innovation.
As for capital, the country ranks first worldwide for its country credit rating and third for its IT & media market capitalisation.
In the future readiness category, the country improves its performance in the three main sub-categories: IT integration, business agility and adaptive attitudes.
The IMD Global Digital Competitiveness Ranking gauges the ability and readiness of 64 economies to adopt and explore digital technologies as a key driver of economic transformation in business, government and society.
Explore international rankings on Luxembourg Trade & Invest
Luxembourg: 3rd largest share of ICT specialists in the EUAs digital transformation ranks high on Luxembourg and European policy agendas, readying citizens and businesses for a new digital age…
Luxembourg becomes the first European country to offer free lessons in music to childrenOn Tuesday April 26th, the Luxembourg Parliament approved a new law to offer free music lessons but also theatre, dance,…
Luxembourg’s Mullerthal region awarded UNESCO Global Geopark status© Yimin Zhang Luxembourg’s Mullerthal region has become one the latest natural wonders to be added to UNESCO’s network of…
Luxembourg world’s 6th happiest countryLuxembourg’s performance Luxembourg world’s 6th happiest country Luxembourg is ranked 6th in 2022, up from 8th in 2021 (and 10th…
A new health technologies campus on the horizonHome of over 130 companies specialised in health technologies, half of which were founded less than 10 years ago, Luxembourg…
Talent attraction: Luxembourg claims the top spot2021 Global Talent Competitiveness Index The Global Talent Competitiveness Index 2021 provides a snapshot of how different territories perform and of their…
Luxembourg digital competitiveness on the riseWhat’s the digital status of global economies in post-pandemic times? According to the 2021 World Digital Competitiveness Ranking, Luxembourg moved…
Luxembourg among the top ten countries globally for publications on cross-cutting techDigital technologies are critical in sustaining economic competitiveness in the future. According to UNESCO Science Report 2021, Luxembourg is one…