Luxembourg vs Singapore
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: Singapore ranks higher
Singapore scores 92/100 on our composite investment index, ahead of Luxembourg at 86/100. 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
88
Economic strength
Singapore leads
95
92
Political stability
Singapore leads
98
88
Business climate
Singapore leads
96
85
Financial maturity
Singapore leads
88
68
Growth outlook
Singapore leads
72
Macro snapshot
86
GDP (USD bn)
-311.5 bn
397
1.5%
GDP growth (%)
-2.0 pp
3.5%
$132,370
GDP per capita (USD)
+67370.0
$65,000
2.5%
Inflation (%)
+0.2 pp
2.3%
25.5%
FDI (% of GDP)
+0.4 pp
25.1%
29%
Public debt (% of GDP)
-105.5 pp
134%
0.7
Population (M)
-5.2M
5.9
Luxembourg: strong sectors
- Financial Services26.5% of GDP90
- Fund Management18.2% of GDP88
- Space Technology1.8% of GDP78
- Steel & Manufacturing3.5% of GDP72
Singapore: strong sectors
- Trade & Logistics25.0% of GDP94
- Financial Services18.0% of GDP90
- Technology12.0% of GDP88
- Manufacturing21.0% of GDP82
Frequently asked
Which is better for investment: Luxembourg or Singapore?
Our composite investment index gives Luxembourg a score of 86/100 and Singapore a score of 92/100. Singapore ranks higher overall, but the right answer depends on your sector and risk tolerance. See the category breakdown above.
Is Luxembourg a safer market than Singapore?
Risk classification puts Luxembourg as safe (Strong fundamentals, stable governance, favorable investment climate) and Singapore as safe (Strong fundamentals, stable governance, favorable investment climate).
Which has higher GDP growth: Luxembourg or Singapore?
Luxembourg is currently growing at 1.5% per year, vs 3.5% for Singapore. Singapore has the faster headline growth rate today.