France vs Luxembourg
A data-driven side-by-side: investment score, economy, business climate, political stability, and tax, to help you decide where to invest, incorporate, or relocate.
Overall: Luxembourg ranks higher
Luxembourg scores 86/100 on our composite investment index, ahead of France at 80/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.
Category breakdown
78
Economic strength
Luxembourg leads
88
82
Political stability
Luxembourg leads
92
78
Business climate
Luxembourg leads
88
80
Financial maturity
Luxembourg leads
85
76
Growth outlook
France leads
68
Macro snapshot
3,052
GDP (USD bn)
+2966.5 bn
86
1.1%
GDP growth (%)
-0.4 pp
1.5%
$44,940
GDP per capita (USD)
-87430.0
$132,370
2.5%
Inflation (%)
0.0 pp
2.5%
2.2%
FDI (% of GDP)
-23.3 pp
25.5%
113%
Public debt (% of GDP)
+84.0 pp
29%
68.2
Population (M)
+67.5M
0.7
France: strong sectors
- Luxury & Fashion4.2% of GDP88
- Aerospace & Defense3.5% of GDP85
- Tourism7.8% of GDP82
- Agriculture & Food3.2% of GDP78
Luxembourg: strong sectors
- Financial Services26.5% of GDP90
- Fund Management18.2% of GDP88
- Space Technology1.8% of GDP78
- Steel & Manufacturing3.5% of GDP72
Frequently asked
Which is better for investment: France or Luxembourg?
Our composite investment index gives France a score of 80/100 and Luxembourg a score of 86/100. Luxembourg ranks higher overall, but the right answer depends on your sector and risk tolerance. See the category breakdown above.
Is France a safer market than Luxembourg?
Risk classification puts France as safe (Strong fundamentals, stable governance, favorable investment climate) and Luxembourg as safe (Strong fundamentals, stable governance, favorable investment climate).
Which has higher GDP growth: France or Luxembourg?
France is currently growing at 1.1% per year, vs 1.5% for Luxembourg. Luxembourg has the faster headline growth rate today.