The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Luxembourg  
Rank: 36 · Score: 61.4  

Basic facts, 2020        
Population (millions) 0.6   IPOs and pulic issues (quartile) Top
GDP (US$ billions) 68.7   M&A volume (quartile) 3rd
GDP per capita (US$) 109,674.6   Venture capital investments (quartile) 3rd
GDP growth (per cent) -5.8   Private equity investments (quartile) 3rd
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 36 88, 89, 88, 89, 89 61.4
1 Economic Activity 65 64, 70, 58, 64, 60 71.3
2 Depth of Capital Market 61 66, 67, 68, 63, 64 49.6
3 Taxation 36 80, 79, 91, 88, 89 99.7
4 Investor Protection and Corporate Governance 27 99, 99, 98, 101, 98 86.1
5 Human and Social Environment 27 93, 93, 93, 95, 98 45.2
6 Entrepreneurial Opportunities 34 94, 94, 93, 92, 91 64.4


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
Luxembourg  
Western Europe
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Ireland 84.6 69.4 114.4 98.8 46.9 74.6
Italy 83.9 76.4 101.2 64.4 45.6 74.9
Portugal 78.2 61.8 108.1 76.9 40.6 69.0
Luxembourg 71.3 49.6 99.7 86.1 45.2 64.4
Cyprus 62.8 54.2 96.4 80.9 39.4 53.5
Greece 68.7 49.2 104.5 59.9 37.0 60.4
Malta 61.1 51.0 96.6 74.8 36.5 48.9
Last updated: 21 Jun 2021