Luxembourg the second most resilient economy in the world

Luxembourg ranks second place in a recent study of the world’s most resilient  economies. The country scores highly for its economic productivity, political stability, low corruption levels and low exposure to natural hazards. The FM Global Resilience Index assesses the resilience of the business environment of almost 130 countries in order to help companies evaluate the risk of doing businesses in different locations. In its 2018 edition Luxembourg is on second place behind Switzerland and before Sweden. An additional reason for Luxembourg’s excellent ranking is the country’s attractiveness for companies seeking a continental European base following the United Kingdom’s vote to leave the EU.