1. Luxembourg uses the euro as its currency. From 1999 to 2002, the Luxembourg franc remained in circulation but was officially a subdivision of the euro. 2. Luxembourg has been a member of the World Trade Organization since 1995 and the General Agreement on Tariffs and Trade since 1948 as a member state of the European Union. 3. Luxembourg is a small landlocked country bordered by Belgium, Germany, and France. It has one of the highest GDP per capita in the world and its economy relies heavily on banking, steel, and other industries.

1. សាកលវ ិទ្យាល័យអន្តរជាតិ ឌូ វ ី
Dewey International University
Professor:
Topic :Luxemburg
Course: Introduction to economic
Group Name : Chea Liza
Chhim Sreykhoun
Pou Chansopheariza

2. 1. Currency Luxemburg
The Luxembourg franc (F or ISO LUF, Luxembourgish: Frang),
subdivided into 100 centimes, was the currency of Luxembourg
between 1854 and 2002, except from 1941 to 44. From 1944 to 2002,
its value was equal to that of the Belgian franc. The franc remained in
circulation until 2002, when it was replaced by the euro. From 1999 to
2002, the franc was officially a subdivision of the euro (€1 = 40.3399F),
but the euro did not circulate in physical form before 1 January 2002.
Under the principle of "no obligation and no prohibition", financial
transactions could be conducted in euros and francs, but physical
payments could be made only in francs, as euro notes and coins were
not available yet.

3. 2. Trade organization of Luxemburg
Luxembourg's participation in the WTO. Luxembourg has been a
WTO member since 1 January 1995 and a member of GATT
since 1 January 1948. It is a member State of the European
Union (more info). All EU member States are WTO members, as
is the EU (until 30 November 2009 known officially in the WTO
as the European Communities for legal reasons) in its own right.

4. 3. Country group
officially the Grand Duchy of Luxembourg, is a small
landlocked country in Western Europe. It borders Belgium to
the west and north, Germany to the east, and France to the
south. Its capital and most populous city, Luxembourg, is one of
the four institutional seats of the European Union (together
with Brussels, Frankfurt, and Strasbourg) and the seat of several
EU institutions, notably the Court of Justice of the European
Union, the highest judicial authority. Luxembourg's culture,
people, and languages are highly intertwined with its French
and German neighbors while Luxembourgish is the only
national language of the Luxembourgish people, French is the
only legal language, and all three Luxembourgish, French and
German are considered official languages and are used for
administrative matters in the country.

6. 4. Population number
The population of Luxembourg in 2022 was 647,599, a 1.29% increase from
2021. The population of Luxembourg in 2021 was 639,321, a 1.42% increase
from 2020. The population of Luxembourg in 2020 was 630,399, a 1.68%
increase from 2019.

7. 5. Country size
Located between Germany, Belgium and
France, Luxembourg is one of the
smallest countries in the world, covering
a 2,586 km2 area.

8. 6. GDP
The GDP figure in the third quarter of 2022 was $20,296 million,
Luxembourg is number 41 in the ranking of quarterly GDP of the 53
countries that we publish. Luxembourg has a quarterly GDP per
capita, of $31,228, $2429 higher than the same quarter last year, it
was .

9. 7. GDP per capita
Luxembourg gdp per capita for 2021 was $133,590, a 13.82%
increase from 2020.
Luxembourg gdp per capita for 2020 was $117,370, a 4.22%
increase from 2019.
8. Unemployment rate
Luxembourg Unemployment Rate dropped to 4.82% in Dec
2022, from the previously reported figure of 4.87% in Nov 2022.
Luxembourg Unemployment Rate is updated monthly, available
from Jan 1995 to Dec 2022, with an average rate of 4.60%.

10. 9. Inflation
In January of 2023, the inflation rate of Luxembourg stood at 4.8
percent, indicating that the CPI (Consumer Price Index) in January
of 2023 was 4.8 percent higher that in January of 2022.

11. 10.Main industries
Luxembourg is a small landlocked European state that is surrounded
by Germany, France, and Belgium. It is one of the world's smallest
countries and has a population of around 602,005 people.
Luxembourg has one of the highest population growth rates in the
world with expatriates accounting for over 50% of its population. It
is the founding member of NATO, UN, EU, Benelux, and the OECD.

12. The most recent exports are led by Iron Blocks ($821M), Cars ($619M),
Rubber Tires ($555M), Iron Sheet Piling ($400M), and Cellulose Fibers
Paper ($366M).
11.Exports
12.Export goods
Luxembourg has traditionally imported most of its consumer goods
and exported industrial products (steel). The nation remains
dependent on energy imports. Its main imports are: minerals, metals,
foodstuffs and quality consumer goods.
13.Main export partners
Luxembourg main export partners are Belgium Germany France and
Unspecified.

13. Imports in Luxembourg averaged 1.14 EUR Billion from 1988 until
2022, reaching an all time high of 2.34 EUR Billion in March of 2022
and a record low of 0.36 EUR Billion in January of 1988.
14.Imports

14. Imports The top imports of Luxembourg are Cars ($2.09B), Refined
Petroleum ($1.07B), Packaged Medicaments ($554M), Scrap Iron
($532M), and Planes, Helicopters, and/or Spacecraft ($512M),
importing mostly from Germany ($5.86B), Belgium ($5.48B), France
($2.17B), Netherlands ($1.3B), and China ($835M).
15.Import goods
16.Main import partners
Luxembourg top 5 Export and Import partners are Germany
France Belgium and Netherlands.

15. The economy of Luxembourg is largely dependent on the banking,
steel, and industrial sectors. Luxembourgers enjoy the highest per
capita gross domestic product in the world, according to an IMF
estimate in 2022.
17. Economic sectors
18.Conclusion
Luxembourg is covered by the OHCHR Regional Office for Europe
(ROE), whose primary function is to advance human rights in the
European Union (EU) through technical assistance, advocacy, and
reporting on human rights, based on the recommendations of UN
human rights mechanisms. The office works to address human rights
gaps in EU legislation, budgeting and policy-making, seizing the
impetus created by the Sustainable Development Agenda.