Compare the economies of the countries

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Economy power of Luxembourg & Singapore

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Luxembourg vs Singapore

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Luxembourg Singapore
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The Grand Duchy of Luxembourg is a nation situated in the centre of Western part of Europe. It is a landlocked country with such border partners as Belgium, Germany, and France. The capital of the state is Luxembourg city and it is considered to be one of the four official capitals of the European Union (three others are Brussels, Frankfurt, and Strasbourg).  More about Luxembourg The Republic of Singapore is a city-state that is located in Southeast Asia. Near it, we can find Malay Peninsula and Indonesian Islands. There is one main island with 63 minor ones. Interestingly, in spite of being just a city-state, there is a horrendous amount of people living there, making Singapore the second most densely populated nation in the world. There are four official languages, including Malay, Tamil, Chinese, and English. More about Singapore

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Luxembourg Singapore
Position in the ranking of countries 69 (2023) 30 (2023)
GDP [US$] 85,755,006,123 501,427,500,080
Percentage of the other 17.1 % 584.7 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Luxembourg Singapore
Position in the ranking of countries 85 (2023) 32 (2023)
GNI [US$] 55,813,004,025 420,675,068,720
Percentage of the other 13.3 % 753.7 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Luxembourg Singapore
Position in the ranking of countries 19 (2023) 2 (2023)
External balance [US$] 26,447,309,455 187,333,096,508
Percentage of the other 14.1 % 708.3 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Luxembourg Singapore
Position in the ranking of countries 19 (2023) 2 (2023)
Unemployment [%] 5.94 3.18
Percentage of the other 186.8 % 53.5 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Luxembourg Singapore
Position in the ranking of countries 160 (2023) 111 (2023)
Population 666,430 5,917,648
Percentage of the other 11.3 % 888 %

Population growth (annual %)

Density

Gender

Demography