Luxembourg Luxembourg vs Netherlands Netherlands development indicators, 2024

Indicator
Luxembourg
Luxembourg, Value
Netherlands
Netherlands, Value
Luxembourg
Luxembourg, Rank
Netherlands
Netherlands, Rank
Luxembourg Luxembourg as % of
Netherlands Netherlands
Current account balance (% of GDP) 13.8 9.92 7 10 139 %
Exports of goods and services (% of GDP) 216 84.1 1 11 256 %
GDP per capita (current US$) 137,517 68,219 2 12 202 %
GDP per capita, PPP (current international US$) 150,772 84,218 1 11 179 %
Imports of goods and services (% of GDP) 183 72 1 20 254 %
Inflation, consumer prices (annual %) 2.05 3.35 112 65 61.3 %
Net migration 5,677 121,628 53 17 4.67 %
Population, total 677,717 17,994,237 167 71 3.77 %

Demography and Health

Both Luxembourg and the Netherlands exhibit relatively similar birth rates, with Luxembourg at 9.5 per 1,000 people and the Netherlands at 9.2, ranking them 28th and 36th respectively. However, Luxembourg has a notably lower death rate of 6.6 compared to the Netherlands' 9.5, placing it 80th and 62nd in the global ranking. Life expectancy is higher in Luxembourg as well, at 83.4 years, versus 81.9 years in the Netherlands, affording Luxembourg a rank of 4th in this regard. In terms of child health, Luxembourg shows a lower under-5 mortality rate at 2.3 per 1,000 live births compared to the Netherlands’ 4, ranking 72nd and 22nd accordingly. The prevalence of undernourishment is similar at 2.5% for both countries. However, Luxembourg's population growth is limited, with net migration figures reaching 5,677 compared to the Netherlands’ 121,628.

Economy

Luxembourg boasts an incredibly high GDP per capita of $137,517, ranking it 1st globally, while the Netherlands follows at $68,219 with a rank of 12th. In terms of purchasing power parity (PPP), Luxembourg again leads with $150,772, compared to the Netherlands’ $84,218, sustaining its top rank. Luxembourg's economy heavily relies on exports, constituting 216% of its GDP, compared to 84.1% in the Netherlands, indicating a strong external dependency. Import levels contrast similarly, with Luxembourg at 183% of GDP versus 72% for the Netherlands, placing them 3rd and 43rd respectively. Additionally, Luxembourg holds the highest current account balance at 13.8% of GDP, compared to the Netherlands’ 9.9%, further reflecting a strong economic position.

Trade and Investment

In terms of high-technology exports, Luxembourg reported $801.2 million, which is significantly behind the Netherlands’ impressive $111 billion, showcasing its established position as a leader in high-tech industries. Patent applications reflect this trend, with Luxembourg filing 112 compared to the Netherlands' 2,080, where the Netherlands ranks 5th globally. Furthermore, research and development expenditure as a percentage of GDP is higher in the Netherlands (2.3%) than in Luxembourg (1%), highlighting a stronger emphasis on innovation and technological advancement in the Netherlands.

Governance and Institutions

Both Luxembourg and the Netherlands score similarly on the Control of Corruption index with a rating of 1.9, although Luxembourg ranks higher at 11th, compared to the Netherlands at 14th. Luxembourg outperforms in Government Effectiveness with a score of 1.9, ranking 5th, versus the Netherlands’ 1.6 and 11th rank. Moreover, Luxembourg's Political Stability and Absence of Violence index stands at 1.1, placing it 3rd, while the Netherlands is much lower at 0.7, ranked 44th. Regarding Regulatory Quality and Rule of Law, Luxembourg also surpasses the Netherlands with rankings of 1st and 8th respectively, versus the Netherlands' 8th and 17th positions.

Infrastructure and Technology

The Netherlands excels in the Logistics Performance Index, achieving a score of 4.2 and ranking 2nd, whereas Luxembourg has a score of 3.6 and is ranked 13th. This indicates that the Netherlands has significantly better trade and transport-related infrastructure. In contrast, Luxembourg's military expenditure is significantly lower at $662.5 million, compared to the Netherlands’ $16.6 billion, indicating stark differences in defense spending priorities.

Environment and Sustainability

Both nations exhibit a commitment to sustainability, with Luxembourg achieving 20.5% of its total energy consumption from renewable sources, ranked 13th, while the Netherlands is lower at 12.2%, ranked 25th. Luxembourg's total greenhouse gas emissions per capita are higher at 11.8 t CO2e, while the Netherlands stands at 8.4 t CO2e. Water stress shows that Luxembourg has a low rate at 4%, ranking at 22nd, compared to 16.1% in the Netherlands, which is ranked at 14th. Luxembourg demonstrates a better position in terms of environmental sustainability metrics, although challenges remain for both countries, particularly in reducing emissions.