Ease of doing business index for Luxembourg
ICBUSEASEXQLUX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.00
Year-over-Year Change
0.00%
Date Range
1/1/2019 - 1/1/2019
Summary
The Ease of Doing Business Index for Luxembourg measures the country's regulatory environment and its impact on business operations. This key indicator provides insights into the overall business climate and competitiveness of the Luxembourg economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Ease of Doing Business Index assesses various factors that affect the ease of starting, operating, and closing a business in Luxembourg. It is a comprehensive measure used by policymakers, investors, and analysts to gauge the country's business-friendliness and suitability for investment.
Methodology
The data is collected through surveys of local experts and detailed analyses of Luxembourg's laws and regulations.
Historical Context
Governments and international organizations use this index to benchmark Luxembourg's performance and implement reforms to improve the country's business environment.
Key Facts
- Luxembourg ranks 63rd out of 190 countries in the 2020 Ease of Doing Business Index.
- The index ranges from 0 to 100, with 100 representing the best regulatory environment.
- Luxembourg scores particularly well in areas like Enforcing Contracts and Registering Property.
FAQs
Q: What does this economic trend measure?
A: The Ease of Doing Business Index for Luxembourg measures the country's regulatory environment and its impact on business operations, including factors like starting a business, obtaining permits, and enforcing contracts.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of Luxembourg's business-friendliness and competitiveness, providing valuable insights for policymakers, investors, and analysts interested in the country's economic environment and suitability for investment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local experts and detailed analyses of Luxembourg's laws and regulations.
Q: How is this trend used in economic policy?
A: Governments and international organizations use this index to benchmark Luxembourg's performance and implement reforms to improve the country's business environment and attract investment.
Q: Are there update delays or limitations?
A: The Ease of Doing Business Index is updated annually, with the latest data typically available within a few months of the end of the previous year.
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Citation
U.S. Federal Reserve, Ease of doing business index for Luxembourg (ICBUSEASEXQLUX), retrieved from FRED.