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STATEC


An institute serving citizens, companies and political decision-makers

STATEC (National Institute of Statistics and Economic Studies of the Grand Duchy of Luxembourg) is an administration under the authority of the Ministry of Economics. Nevertheless, it is scientifically and professionally independent, i.e. that STATEC sets its work plan in conformity to the national and European statistical legislation, and generates and disseminates its data in complete neutrality.

Its missions are to provide public and private decision-makers, along with the citizens, a high-quality statistical information service. STATEC is committed to producing statistics, analyses and studies mirroring a detailed, reliable and objective image of the Luxembourg society.

STATEC coordinates the Luxembourg Statistical System that is organised in consonance with the principle of statistical centralisation.

LATEST NEWS

 
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On the occasion of the International Day for the Eradication of Poverty on 17 October, STATEC is examining the social cohesion of the country.
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In September 2020, the national Consumer Price Index, calculated by STATEC, shows a monthly decrease of 0.1% compared to the previous month. This movement is mainly explained by a fall in the travel prices and by a decrease of prices for oil products. The annual inflation rate is increasing to reach 0.7% in September.
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The current account balance for the first half of 2020 amounts to 706 million euros, a decrease of 1.4 billion compared to the same period of 2019.
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The COVID-19 crisis strongly impacts the development of employment in the 2nd quarter of 2020: employment is down by - 0.7% compared to the previous quarter. In the areas of specialized activities and support services the decrease is of -2.6% compared to the previous year.
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Luxembourg GDP recorded an historic decline in Q2 due to the impact of lockdown measures. However, this fall seems modest compared to results reported elsewhere in the euro area. Although a rally is expected in Q3, the deteriorating health situation is set to hamper recovery momentum.
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lux en chiffres

The BACH database enables a comparative analysis of the profitability of Luxembourg non-financial companies at European level. Currently, this database aggregates and harmonizes the accounting data of companies in thirteen countries of the European Union.
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