Global Entrepreneurship Monitor Luxembourg 2024/2025

GEM Luxembourg 2024/2025 describes the state of entrepreneurship in Luxembourg in a comparative perspective. It documents the evolution of entrepreneurship in Luxembourg over time, focusing on key indicators of entrepreneurial intensity, provides information on the 1features of the entrepreneurs, on the quality of entrepreneurial endeavours, and on the country’s entrepreneurial environment. Recent years have been marked by multiple shocks: the COVID-19 pandemic, the emergence of geo-political conflicts and international trade disruptions. Business uncertainty has increased, slowing down investment and economic growth (STATEC, 2025a). In this context, the report illustrates recent developments in entrepreneurship, and provides up-to-date information on the consequences of the global environment on Luxembourg’s entrepreneurs. It also presents evidence on the relevance of sustainability for entrepreneurs, and their views on emerging Artificial Intelligent technologies, themes which are high on the public agenda.