Engage in Luxembourg

Luxembourg Flag
Currency
The currency in Luxembourg is the Euro (EUR). The currency symbol is €.
Population
As of April 2023, the estimated population of Luxembourg is approximately 654 thousand people.
Capital City
Luxembourg City
Luxembourg City Panorama on a summer day


Overview

Luxembourg, a small landlocked Western European country, borders Belgium, France, and Germany. Luxembourg’s rich and diverse history has experienced various changes in its political landscape throughout the centuries. From being a strategic stronghold on a significant military route to becoming a founding member of international economic organizations, Luxembourg has played a substantial role in shaping European cooperation and unity. The country operates under a constitutional monarchy, with the grand duke serving as the chief of state and a prime minister as the head of government. Known for its strong economy, Luxembourg benefits from its proximity to neighboring countries, namely France, Belgium, and Germany. This advantageous location has contributed to a mixed economy characterized by high levels of openness, entrepreneurial activity, centralized economic planning, and government regulation. Additionally, Luxembourg is a member of the European Union, further solidifying its ties with neighboring nations and its commitment to European integration. With a population estimated at around 661,700 in 2023, Luxembourg continues to evolve as a dynamic and influential player in the European community while preserving its cultural heritage and multilingual identity.

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