Luxembourg 7th most resilient economy in the world | Luxembourg (Europe) | Scoop.it

LUXEMBOURG: A HIGHLY RESILIENT ECONOMY
Luxembourg is ranked as the 7th most resilient economy among the 130 countries territories studied. The country slightly improves its overall score compared to the preceding year.

The country’s high ranking is in particular due to its strong economy, for which it ranks 3rd in the world. The index analyses political and macroeconomic influences on resilience and looks at productivity (for which Luxembourg is 2nd in the world), political risk (4th), oil intensity and urbanisation rate.

Luxembourg is in 18th place for risk quality, especially due to its low exposure to natural hazards. It ranks 26th for supply chain factors, where it stands out for its high control of corruption (6th in the world), the quality of its infrastructure (19th) and its supply chain visibility (33rd).

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