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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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In the fourth quarter of 2020, home prices (apartments and houses combined) increased by 16.7% compared to the fourth quarter of 2019, which is a clear acceleration of the rates seen in previous quarters.
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Following the monthly decrease in February due to winter sales, the consumer price index, compiled by STATEC, is increasing by 1.4% in March. However, when neutralizing the effect of higher prices due to the end of the winter sales period, the index increases by 0.4% compared to the previous month. This movement is mainly explained by an increase in prices of oil products. The annual inflation rate is increasing to reach 2.0% in March.
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As a result of the health crisis, one out of four holidays did not take place last summer. Far-away destinations were replaced by stays close to home: 7 out of 10 stays took place in Luxembourg or in a neighboring country. The summer of 2020 was an opportunity to visit family and friends, to rest and to enjoy outdoor activities.
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As of January 1, 2021, 634,730 people live in Luxembourg. During the year 2020, the population of the Grand Duchy increased by 8,622 people. This increase, mainly due to net immigration, is slowed down by the COVID-19 health crisis.
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The Banque centrale du Luxembourg (BCL) and STATEC inform that according to the first provisional results, the current account ended with a surplus of 2.75 billion euros in 2020, i.e. a decrease of around 5% compared to 2019 (-150 million euros).
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In Luxembourg in February 2021, 70 companies have been declared bankrupt and 116 have been "liquidated" according to the latest count of the Ministry of Justice/STATEC.
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