The State of Europe – Richest and Poorest Countries in the Continent

Luxembourg

The economy of Luxembourg is mostly built upon the banking, and industrial sectors. Luxembourg is an extremely wealthy nation, with the second-largest per capita GDP in the world, behind only Qatar. Luxembourg is primarily a diverse industrialized economy, as opposed to the vast oil industry of Qatar. The economic prosperity in Luxembourg is very rare compared to other industrialized democracies.

Banking is the largest sector in the Luxembourg economy. As of 2017, it was ranked the 18th most competitive financial center in the world. As well as the third most competitive in Europe, behind only London and Zurich. More than 9,000 holding companies find their home in Luxembourg. Including the European Investment Bank.

credit: Wikipedia
The GDP of Luxembourg is $68.7 Billion nominal. With $114,200 GDP per capita. 78.9% of the Luxembourg GDP is in services, with 20% industry and only just above 1% in agriculture.

GDP global rank: 70th
GDP per capita global rank: 1st
GDP European rank: 25th
GDP per capita European rank: 1st