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R&D budget per capita 2022According to EUROSTAT, the total government budget allocation for R&D across the EU in 2021 was €109,250 million, which corresponds to €244 per person. This corresponds to an increase of 33% since 2011.

Luxembourg biggest R&D budget per person

With €689 per person, the Luxembourg government is the biggest R&D spender in the EU in terms of budget allocation per inhabitant. This reflects the strong national determination to boost and facilitate R&D and innovation in the country.

Luxembourg is followed by Denmark (€530) and Germany (€471).

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Previsionz expands to Luxembourg

23-09-2022

German-born Previsionz is one of the recent additions to Luxembourg’s data ecosystem. Supported by Luxinnovation, the data analytics company has chosen Luxembourg as its springboard for international growth.
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Luxembourg 13th most competitive country in the world

13-09-2022

Luxembourg is ranked as the world’s 13th most competitive country in the 2022 edition of the IMD World Competitiveness Ranking. The country ranks 1st in the world for its economic performance.
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Luxembourg among top 10 countries for post-COVID FDI recovery

12-09-2022

Foreign direct investment in Luxembourg increased by 85% during the first half of 2022, compared to the first 6 months of 2019.
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Luxembourg economy 3rd most resilient in the world

07-09-2022

Luxembourg remains the world's 3rd most resilient economy in the 2022 FM Global Resilience Index. The country even strengthens its global score compared to last year.
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Fit 4 Start: Keys to success for international applicants

31-08-2022

The 13th call for applications for Fit 4 Start is open until 19 September 2022. We spoke to programme manager Sven Baltes at Luxinnovation about what the start-up accelerator can offer international start-ups and the keys to preparing successful applications and pitches.
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