Productivity profile of Luxembourg

Conseil National de la Productivité: created in September 2018 and established under the authority of the Ministry of the Economy.

Observatory of Competitiveness (ODC): monitoring unit in charge of documenting, observing and analysing the evolution of the country's competitiveness, as well as investigating cases, monitoring them and stimulating the implementation by the designated partners.

Conseil National de la Productivité: Pandémie et productivité (2021) in French, Luxembourg’s productivity puzzle: High level, sluggish growth! (2020);

ODC: Competitiveness and Resilience Report 2021: A highly resistant economy in Luxembourg (2022), Competitiveness Reports (multiple);

Academic publications: Productivity Slowdown and Misallocation in the Post-Recession: What prevents recovery? (2016);

OECD: Economic Policy Reforms 2023: Going for Growth - Luxembourg (2023), OECD Economic Surveys: Luxembourg (multiple), Review of Innovation Policy Luxembourg (2016).

Strengthen skills of the workforce:

• Subsidise active on-the-job training schemes targeted to the over-45-year-olds.
• Expand access to training to help early-school leavers enter the workforce, alongside school system reforms.

Promote a competitive and innovative business environment:

• Increase public spending on R&D to match private R&D funding and encourage greater investment by firms.
• Increase funding to targeted projects by reducing the funds spent on administration.
• Reduce administrative burdens on small firms, notably by streamlining procedures for starting a business.