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Compare Luxembourg (2004) - Luxembourg (2005)

Compare Luxembourg (2004) z Luxembourg (2005)

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 Luxembourg (2004)Luxembourg (2005)
 LuxembourgLuxembourg
Age structure 0-14 years: 19% (male 45,422; female 42,638)


15-64 years: 66.4% (male 155,519; female 151,891)


65 years and over: 14.5% (male 26,981; female 40,239) (2004 est.)
0-14 years: 18.9% (male 45,768/female 42,980)


15-64 years: 66.5% (male 157,453/female 153,927)


65 years and over: 14.6% (male 27,573/female 40,870) (2005 est.)
Airports 2 (2003 est.) 2 (2004 est.)
Birth rate 12.21 births/1,000 population (2004 est.) 12.06 births/1,000 population (2005 est.)
Budget revenues: $11.82 billion


expenditures: $12.06 billion, including capital expenditures of $760 million (2003 est.)
revenues: $13.74 billion


expenditures: $14.49 billion, including capital expenditures of $760 million (2004 est.)
Constitution 17 October 1868, occasional revisions 17 October 1868; occasional revisions
Currency euro (EUR)


note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
-
Death rate 8.42 deaths/1,000 population (2004 est.) 8.41 deaths/1,000 population (2005 est.)
Debt - external NA $NA
Economy - overview This stable, high-income economy features solid growth, low inflation, and low unemployment. The industrial sector, initially dominated by steel, has become increasingly diversified to include chemicals, rubber, and other products. Growth in the financial sector, which now accounts for about 22% of GDP, has more than compensated for the decline in steel. Most banks are foreign-owned and have extensive foreign dealings. Agriculture is based on small family-owned farms. The economy depends on foreign and trans-border workers for more than 30% of its labor force. Although Luxembourg, like all EU members, has suffered from the global economic slump, the country has maintained a fairly strong growth rate and enjoys an extraordinarily high standard of living. This stable, high-income economy - in between France, Belgium, and Germany - features solid growth, low inflation, and low unemployment. The industrial sector, initially dominated by steel, has become increasingly diversified to include chemicals, rubber, and other products. Growth in the financial sector, which now accounts for about 22% of GDP, has more than compensated for the decline in steel. Most banks are foreign-owned and have extensive foreign dealings. Agriculture is based on small family-owned farms. The economy depends on foreign and cross-border workers for more than 30% of its labor force. Although Luxembourg, like all EU members, has suffered from the global economic slump, the country enjoys an extraordinarily high standard of living.
Electricity - consumption 6.07 billion kWh (2001) 5.735 billion kWh (2002)
Electricity - exports 744 million kWh (2001) 2.9 billion kWh (2002)
Electricity - imports 6.389 billion kWh (2001) 6.3 billion kWh (2002)
Electricity - production 457 million kWh (2001) 2.511 billion kWh (2002)
Exchange rates euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999) euros per US dollar - 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000)
Exports - partners Germany 23.3%, France 19%, Belgium 10.4%, UK 9.1%, Italy 6.8%, Spain 4.6%, Netherlands 4.3% (2003) Germany 22.1%, France 20.1%, Belgium 10.2%, UK 8.4%, Italy 7.3%, Spain 5.9%, Netherlands 4.3% (2004)
GDP purchasing power parity - $25.01 billion (2003 est.) -
GDP - composition by sector agriculture: 0.5%


industry: 16.6%


services: 82.9% (2002 est.)
agriculture: 0.5%


industry: 16.3%


services: 83.1% (2004 est.)
GDP - per capita purchasing power parity - $55,100 (2003 est.) purchasing power parity - $58,900 (2004 est.)
GDP - real growth rate 1.2% (2003 est.) 2.3% (2004 est.)
Heliports 1 (2003 est.) 1 (2004 est.)
Highways total: 5,189 km


paved: 5,189 km (including 114 km of expressways)


unpaved: 0 km (2000)
total: 5,210 km


paved: 5,210 km (including 126 km of expressways)


unpaved: 0 km (2002)
Household income or consumption by percentage share lowest 10%: NA


highest 10%: NA
lowest 10%: NA%


highest 10%: NA%
Imports - partners Belgium 29%, Germany 22.9%, France 11.4%, China 10.9%, Netherlands 4.8% (2003) Belgium 29.8%, Germany 22.6%, China 12.6%, France 12%, Netherlands 4.2% (2004)
Industrial production growth rate 1.7% (2003 est.) 2.9% (2004 est.)
Industries banking, iron and steel, food processing, chemicals, metal products, engineering, tires, glass, aluminum banking, iron and steel, food processing, chemicals, metal products, engineering, tires, glass, aluminum, information technology, tourism and banking
Infant mortality rate total: 4.88 deaths/1,000 live births


male: 4.84 deaths/1,000 live births


female: 4.92 deaths/1,000 live births (2004 est.)
total: 4.81 deaths/1,000 live births


male: 4.79 deaths/1,000 live births


female: 4.83 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 2% (2003 est.) 2.4% (2004 est.)
Labor force 200,000 (of whom 87,400 are foreign cross-border workers primarily from France, Belgium, and Germany) (2003) 293,700 (of whom 105,000 are foreign cross-border workers commuting primarily from France, Belgium, and Germany) (2004 est.)
Labor force - by occupation agriculture 1.9%, industry 8%, services 90.1% (1999 est.) agriculture 1%, industry 13%, services 86% (2004 est.)
Life expectancy at birth total population: 78.58 years


male: 75.31 years


female: 82.07 years (2004 est.)
total population: 78.74 years


male: 75.45 years


female: 82.24 years (2005 est.)
Merchant marine total: 40 ships (1,000 GRT or over) 652,454 GRT/805,101 DWT


by type: chemical tanker 11, container 8, liquefied gas 4, passenger 4, petroleum tanker 6, roll on/roll off 7


foreign-owned: Belgium 7, Denmark 1, Finland 3, France 3, Germany 10, Monaco 1, Netherlands 5, Switzerland 1, United Kingdom 7, United States 3


registered in other countries: 1 (2004 est.)
total: 40 ships (1,000 GRT or over) 652,454 GRT/805,101 DWT


by type: chemical tanker 16, container 6, liquefied gas 2, passenger 3, petroleum tanker 6, roll on/roll off 6, vehicle carrier 1


foreign-owned: 40 (Belgium 12, Finland 3, France 8, Germany 10, Netherlands 4, United States 3) (2005)
Military manpower - availability males age 15-49: 115,721 (2004 est.) -
Military manpower - fit for military service males age 15-49: 95,107 (2004 est.) -
Military manpower - reaching military age annually males: 2,601 (2004 est.) -
Net migration rate 8.97 migrant(s)/1,000 population (2004 est.) 8.86 migrant(s)/1,000 population (2005 est.)
Political parties and leaders Action Committee for Democracy and Justice or ADR [Gast GIBERYOEN]; Christian Social People's Party or CSV (known also as Christian Social Party or PCS) [Francois BILTGEN]; Democratic Party or DP [Claude MEISCH]; Green Party [Francois BAUSCH]; Luxembourg Socialist Workers' Party or LSAP [Alex BODRY]; Marxist and Reformed Communist Party DEI LENK (the Left) [no formal leadership]; other minor parties Action Committee for Democracy and Justice or ADR [Gast GIBERYEN]; Christian Social People's Party or CSV (known also as Christian Social Party or PCS) [Francois BILTGEN]; Democratic Party or DP [Claude MEISCH]; Green Party [Francois BAUSCH]; Luxembourg Socialist Workers' Party or LSAP [Alex BODRY]; Marxist and Reformed Communist Party dei Lenk/la Gauche (the Left) [no formal leadership]; other minor parties
Population 462,690 (July 2004 est.) 468,571 (July 2005 est.)
Population below poverty line NA NA%
Population growth rate 1.28% (2004 est.) 1.25% (2005 est.)
Railways total: 274 km


standard gauge: 274 km 1.435-m gauge (242 km electrified) (2003)
total: 274 km


standard gauge: 274 km 1.435-m gauge (242 km electrified) (2004)
Sex ratio at birth: 1.07 male(s)/female


under 15 years: 1.07 male(s)/female


15-64 years: 1.02 male(s)/female


65 years and over: 0.67 male(s)/female


total population: 0.97 male(s)/female (2004 est.)
at birth: 1.07 male(s)/female


under 15 years: 1.06 male(s)/female


15-64 years: 1.02 male(s)/female


65 years and over: 0.68 male(s)/female


total population: 0.97 male(s)/female (2005 est.)
Total fertility rate 1.79 children born/woman (2004 est.) 1.79 children born/woman (2005 est.)
Unemployment rate 3.6% (2003 est.) 4.5% (December, 2004 est.)
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