In the press
On Tuesday 18 June 2024, the 2024 edition of the World Competitiveness Yearbook (WCY) was published by the International Institute for Management Development (IMD).
It shows that Luxembourg continues to fall down the rankings, from a high of 12th position in 2021 to a current position of 23rd, its worst result to date. According to the Luxembourg Chamber of Commerce, this "reflects the country’s enormous loss of competitiveness".