France France vs Luxembourg Luxembourg development indicators, 2024

Indicator
France
France, Value
Luxembourg
Luxembourg, Value
France
France, Rank
Luxembourg
Luxembourg, Rank
France France as % of
Luxembourg Luxembourg
Current account balance (% of GDP) 0.392 13.8 49 7 2.83 %
Exports of goods and services (% of GDP) 33.2 216 75 1 15.4 %
GDP per capita (current US$) 46,150 137,517 26 2 33.6 %
GDP per capita, PPP (current international US$) 61,322 150,772 28 1 40.7 %
Imports of goods and services (% of GDP) 34 183 85 1 18.6 %
Inflation, consumer prices (annual %) 2 2.05 114 112 97.5 %
Net migration 90,527 5,677 20 53 1,595 %
Population, total 68,516,699 677,717 23 167 10,110 %

Demography and Health

In terms of demography, France has a total population of approximately 68.5 million, significantly larger than Luxembourg's 677,717 residents, which ranks them 5th and 101st respectively. The crude birth rate in France is slightly higher at 9.9 per 1,000 people compared to Luxembourg's 9.5, placing France 19th while Luxembourg ranks 28th. On the other hand, the crude death rate is notably higher in France at 9.2 compared to Luxembourg's 6.6, which ranks them 65th and 80th respectively. Life expectancy at birth is slightly better in Luxembourg at 83.4 years compared to France's 82.9 years, with Luxembourg ranking 4th compared to France's 11th. Regarding child mortality, France has a rate of 4.3 under-5 deaths per 1,000 live births, while Luxembourg performs better at 2.3, with ranks of 19th and 72nd respectively. Both countries have a similar prevalence of undernourishment, each at 2.5% of the population.

Economy

France's GDP per capita in 2024 stands at $46,150, while Luxembourg boasts a whopping $137,517, making it rank 1st globally compared to France's 37th. In terms of purchasing power parity (PPP), Luxembourg again leads with $150,772 against France's $61,322, reaffirming its economic supremacy. Total exports of goods and services as a percentage of GDP indicate that France exports 33.2% while Luxembourg dramatically exceeds this with 216%, ranking 4th as opposed to France's 105th. Conversely, imports as a percentage of GDP also reflect a stark contrast: France at 34% ranks 102nd, while Luxembourg ranks 3rd with an impressive 183% import level. Inflation rates are relatively similar, with France at 2% and Luxembourg slightly higher at 2.1%.

Trade and Investment

In the arena of trade, Luxembourg demonstrates a remarkable ability to leverage its economy, with extraordinarily high exports relative to GDP. Its ranking in high-technology exports is less favorable, with France at $115.3 billion (ranking 4th) compared to Luxembourg’s $801.2 million (ranking 79th), indicating that while Luxembourg excels in total trade volume, France leads in higher-value innovations. Furthermore, Luxembourg's current account balance, which measures the difference between exports and imports as a percentage of GDP, stands at an outstanding 13.8%, ranking 1st globally, while France holds a modest 0.4% with a ranking of 49th.

Governance and Institutions

Governance in Luxembourg is generally viewed as more favorable than in France. In various governance indicators, Luxembourg excels with a government effectiveness score of 1.9 (rank 5) compared to France's 1.1 (rank 31). Additionally, Luxembourg scores high on control of corruption (1.9, rank 11) and regulatory quality (1.9, rank 1), while France scores lower in each category, marking 32nd and 42nd respectively. The rule of law is stronger in Luxembourg (1.8, rank 8) compared to France (1.2, rank 34). Political stability is another area where Luxembourg outperforms France, scoring 1.1 and ranking 3rd compared to France's 0.3 and 73rd rank. Unemployment rates highlight another significant difference, with France at 7.3% compared to Luxembourg's 5.2%, ranking them 18th and 51st respectively.

Infrastructure and Technology

France and Luxembourg exhibit differences in their infrastructure performance as well. France scores higher on the logistics performance index with a score of 3.8, ranking 8th, while Luxembourg scores 3.6, placing it 13th. Regarding research and development expenditures as a percentage of GDP, France invests 2.2%, ranking 15th, whereas Luxembourg invests only 1% and ranks 42nd, suggesting a more substantial commitment from France towards innovation and technology.

Environment and Sustainability

In environmental matters, Luxembourg shows a higher percentage of renewable energy consumption at 20.5%, compared to France at 16.2%, indicating a greater commitment to sustainable energy practices. However, France faces a larger challenge regarding greenhouse gas emissions, with 5.6 tons of CO2 per capita, while Luxembourg's higher figure of 11.8 tons places it in a less favorable light on environmental impact. Water stress levels convey an additional dimension with France withdrawing 21.6% of its freshwater resources, ranked poorly, while Luxembourg occupies a much healthier position at only 4% withdrawal, ranking 22nd. Overall, while both countries strive towards sustainability, the indicators present a mixed picture regarding achievements and challenges.