Ec. Freedom 5 Years - Luxembourg Compared to Europe

Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank

Click name of country for detailed information
Belarus 19.57%
Latvia 14.65%
Russia 13.06%
Romania 8.16%
Estonia 8.00%
Norway 7.52%
Moldova 6.54%
Italy 6.35%
Poland 6.33%
Lithuania 5.99%
Bosnia & H. 5.10%
Iceland 4.92%
Czech Rep. 4.92%
Bulgaria 4.88%
Sweden 4.48%
Turkey 4.37%
Ukraine 4.32%
Germany 3.95%
Netherlands 3.41%
Macedonia 3.26%
UK 3.15%
Austria 2.80%
Finland 2.33%
Luxembourg 1.93%
Serbia 1.52%
Malta 1.03%
Switzerland 0.43%
France 0.16%
Ireland -0.20%
Portugal -0.66%
Greece -0.72%
Montenegro -0.83%
Albania -1.15%
Denmark -1.51%
Belgium -1.67%
Slovak Rep. -1.89%
Hungary -1.95%
Croatia -2.50%
Cyprus -5.50%
Slovenia -5.89%
Spain -8.00%
 

Luxembourg: Economic freedom index, 5-year change

Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a countrys score on the Heritage Foundations freedom index are calculated by the Global Property Guide to produce a 5-point rating:

  • Greatly Improved
  • Improved
  • Nuetral
  • Worse
  • Much Worse


Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal


Luxembourg publishes average apartment price time-series starting Q1 2007, available on-line from the Service Central de la Statistique et des Etudes Economiques du Luxembourg (Statec). The Ministere du Logement also publishes quarterly advertised selling prices of houses. General economic statistics can be got from the Banque Centrale du Luxembourg, and from Statec.