High employment levels in Luxembourg's cultural sector ranked it second in Europe in 2016
While for some, Luxembourg may be synonymous with finance, high employment levels in its cultural sector ranked it second in Europe in 2016.
Figures published by Eurostat show that 5.1% of the workforce, equivalent to 13,000 people, were active in the cultural sector, just behind Estonia (5.3%) and ahead of Sweden (5%).
The proportion remained relatively stable compared to 2011, when 5.2% of the workforce (12,000 people) were employed in the culture sector, making Luxembourg the joint biggest employer in the EU along with Finland.
2.4% added value
Indeed the cultural sector and creative industries are not only major employers: they generate 2.4% of added value to the non-financial sector in Luxembourg, equivalent to €618.4m, according to think tank Idea Foundation.
What is more, the areas are responsible for 1.4% of GDP and account for 6.5% of businesses, equivalent to around 2,000 companies. In their 2017 report, the Idea Foundation pointed out that beyond economics, the cultural sector was a crucial tool for social cohesion.