Luxembourg, with a population of approximately 650,000 (2023), is a small but highly prosperous country in Western Europe known for its significant financial sector and high standard of living. The economy is predominantly service-oriented, with finance, technology, and logistics serving as key pillars. Luxembourg is a global financial hub, hosting numerous international banks and investment firms, and is renowned for its favorable tax policies that attract foreign investment. With a GDP estimated at around $85 billion and a per capita income of approximately $133,000 (2023), Luxembourg consistently ranks among the wealthiest nations globally. Its strategic location in the heart of Europe enhances trade connectivity, facilitating business operations across the continent. Â
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