The business chamber’s 2019 research (PDF) gave the grand duchy a score of 75 overall, which was based on a corruption perception index of 81 (down from 82 in 2018) and a World Bank doing business score of 69.01 (unchanged on 2018). Luxembourg’s score fell 1 point from 2018 when it scored 76 out of 100.

Luxembourg was placed behind Denmark, Norway, Sweden, Finland, the UK, Switzerland, Germany, Netherlands, Iceland, Austria, Estonia and Ireland. It secured the same score as France but fared better than Belgium, Georgia, Portugal , Lithuania, Latvia and Poland.

The countries showing the highest improvement since 2018 were Turkey (+3.10), Georgia (+1.62), and France (+.158). Greece fell -1.47). Last place was occupied by Ukraine, though it improved by 2.25 points. Azerbaijan also saw a 1.23-point improvement. The report notes however that despite its policy advancement, the ranking was held down by a high corruption perception.