FACTOID # 8: United we stand? The United Kingdom and United States are both in the top ten for Gross Domestic Product - and for child poverty.
 
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Europe > Luxembourg > Economy

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Business efficiency 80.311 [10th of 51]
Child poverty 4.5 [19th of 23]
Economic aid > Donor $291,000,000.00 [22nd of 26]
Economic freedom 3.3 [4th of 156]
Exports to US $68,200,000.00 [97th of 224]
GDP > PPP $30,923,000,000.00 [87th of 163]
GDP growth > annual % 4.03 annual % Time series [101st of 187]
GDP in 1970 $1.30 [25th of 26]
GDP per capita, PPP > current international $ 60,228.41 PPP $ Time series [1st of 169]
GINI index 30.76 Time series [31st of 40]
Gross National Income $17,571,000,000.00 [63rd of 172]
Gross national income > constant LCU 22179330000 Time series
Human Development Index 0.949 [4th of 178]
Income distribution > Poorest 10% 4% [13th of 114]
Income distribution > Richest 10% 22% [106th of 114]
Income distribution > Richest 20% 36.5% [105th of 114]
Overall productivity > PPP $89,722.30 [1st of 49]
Population below median income 3.9 [27th of 28]
Stock exchange
Luxembourg Stock Exchange
Total reserves minus gold > current US$ 241,100,800 $ Time series [140th of 178]

... View all Economy stats

SOURCES: IMD International, 2005; UNICEF; All CIA World Factbooks 18 December 2003 to 18 December 2008; The Heritage Foundation; US Census Bureau; World Bank. 2005. World Development Indicators 2005.; World Development Indicators database; OECD; ; Human Development Report 2006, United Nations Development Programme; World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; IMD International; Global Edge

ALTERNATIVE NAMES: Luxembourg, Grand Duchy of Luxembourg, Grand Duche de Luxembourg

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COMMENTARY     

You+can+retire+now
6th November 2010
Some times donating can do more harm then good.
I have noticed here in the US that there are many sources to get aid that provides more then working for a living.
Steven
4th February 2010
Luxembourg donates more of their GDP to poor nations than any other country
LuxLuver
14th January 2010
No, don't "donate"! Better yet, if you want to see 3rd world countries create economic growth, they need more than money sent their way. They need stable gov't and adequate infrastructure. They need to find ways to play the global economic game (a place must find their economic niche), to attract investors. That will help a place become productive from the inside out. If you need references of countries that have had rapid economic development (along with rising quality of life standards for their population), look at South Korea, Singapore, China, Japan, and so forth.

Clearly, Luxembourg has found its niche! :-) It's a magnet for foreign owned banks. Impressive stat's.
Farah
27th October 2009
Economic Aid Donor stats is awesome
Ron Ruys
19th October 2009
I really don't get some people, last comment says give to the poor, better still, don't, and make them become more productive and earn their keep. All we need these days is more overhead.You don't stop poverty by throwing money at them, you teach them good economics and self sufficiency.
thE UN-NAMED
27th May 2005
WOW...THESE STATISTICS ARE PRETTY IMPRESSIVE- BUT WHO REALLY CARES? HAVE YOU STUPID lUXEMBOURGENS EVER CONSIDERED HOW MANY PEOPLE ARE IN POVERTY? DO YOURSELVES A FAVOUR AND DONATE TO THIRD WORLD COUNTRIES!
Bob
17th November 2004
This site is awsome! Thx for the info people!
There are 6 more (non-authoritative) comments on this page

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