Luxembourg - ICT Value Added
Since 2014, Luxembourg ICT Value Added rose 3.3points year on year. In 2019, the country was ranked number 6 among other countries in ICT Value Added at 6.98 Percent of Value Added in Industry and Services. Luxembourg is overtaken by Estonia, which was ranked number 5 with 7.6 Percent of Value Added in Industry and Services and is followed by United States with 6.98 Percent of Value Added in Industry and Services. Ireland lead the ranking with 14.89 Percent of Value Added in Industry and Services in 2019, a growth of 16.9points versus 2018. Israel, South Africa and Sweden respectively ranked number 2, 3 and 4 in this ranking. Estonia witnessed the best average annual growth at +8.1points per year, while Chile recorded the worst performance at -6.9points per year.
| Date | Percent of Value Added in Industry and Services |
|---|---|
| 2019 | 6.98 |
| 2018 | 7.19 |
| 2017 | 6.45 |
| 2016 | 6.74 |
| 2015 | 6.66 |
How does Luxembourg rank in ICT Value Added?
| # | 42 Countries | Percent of Value Added in Industry and Services | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Ireland
|
14.89 % | 2019 | +16.9 % | +7.0 % | View data | |
| 2 |
#2
Israel
|
9.90 % | 2019 | +3.9 % | +3.7 % | View data | |
| 5 |
#5
Estonia
|
7.60 % | 2019 | +20.7 % | +8.1 % | View data | |
| 6 |
#6
Luxembourg
|
6.98 % | 2019 | -3.0 % | +3.3 % | View data | |
| 7 |
#7
United States
|
6.98 % | 2019 | +0.6 % | +2.0 % | View data | |