Wages in Luxembourg increased to 6966.17 EUR/Month in 2024 from 6742.70 EUR/Month in 2023. This dataset provides - Luxembourg Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

LU: Employment Index data was reported at 110.042 2010=100 in 2014. This records an increase from the previous number of 107.535 2010=100 for 2013. LU: Employment Index data is updated yearly, averaging 90.735 2010=100 from Dec 1999 (Median) to 2014, with 16 observations. The data reached an all-time high of 110.042 2010=100 in 2014 and a record low of 69.493 2010=100 in 1999. LU: Employment Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Luxembourg – Table LU.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.

Luxembourg Women, Business and the Law Index: Pay Score data was reported at 100.000 Score in 2023. This stayed constant from the previous number of 100.000 Score for 2022. Luxembourg Women, Business and the Law Index: Pay Score data is updated yearly, averaging 75.000 Score from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 100.000 Score in 2023 and a record low of 50.000 Score in 1974. Luxembourg Women, Business and the Law Index: Pay Score data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank.WBL: Governance: Women, Business and the Law Index: Annual.

Luxembourg stands out as the European leader in quality of life for 2025, achieving a score of 220 on the Quality of Life Index. The Netherlands follows closely behind with 211 points, while Albania and Ukraine rank at the bottom with scores of 104 and 115 respectively. This index provides a thorough assessment of living conditions across Europe, reflecting various factors that shape the overall well-being of populations and extending beyond purely economic metrics. Understanding the quality of life index The quality of life index is a multifaceted measure that incorporates factors such as purchasing power, pollution levels, housing affordability, cost of living, safety, healthcare quality, traffic conditions, and climate, to measure the overall quality of life of a Country. Higher overall index scores indicate better living conditions. However, in subindexes such as pollution, cost of living, and traffic commute time, lower values correspond to improved quality of life. Challenges affecting life satisfaction Despite the fact that European countries register high levels of life quality by for example leading the ranking of happiest countries in the world, life satisfaction across the European Union has been on a downward trend since 2018. The EU's overall life satisfaction score dropped from 7.3 out of 10 in 2018 to 7.1 in 2022. This decline can be attributed to various factors, including the COVID-19 pandemic and economic challenges such as high inflation. Rising housing costs, in particular, have emerged as a critical concern, significantly affecting quality of life. This issue has played a central role in shaping voter priorities for the European Parliamentary Elections in 2024 and becoming one of the most pressing challenges for Europeans, profoundly influencing both daily experiences and long-term well-being.

The house price to income index in Europe declined in almost all European countries in 2023, indicating that income grew faster than house prices. Portugal, Luxembourg, and the Netherlands led the house price to income index ranking in 2023, with values exceeding *** index points. Romania, Bulgaria, and Finland were on the other side of the spectrum, with less than 100 index points. The house price to income ratio is an indicator for the development of housing affordability across OECD countries and is calculated as the nominal house prices divided by nominal disposable income per head, with 2015 chosen as a base year. A ratio higher than 100 means that the nominal house price growth since 2015 has outpaced the nominal disposable income growth, and housing is therefore comparatively less affordable. In 2023, the OECD average stood at ***** index points.