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Luxembourg Binary Options Resources

LuxembourgNever be put off placing Binary Options trades on companies based in some of the smaller and lesser well known countries in Western Europe as it is often those companies that could see you locking in the highest profits as a trader!

If Luxemburg is a country you know very little of them the following guide will give you a complete; overview of how they stand both in a financial sense and in regards to inflation, unemployment and other important factors.

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National Bank

The Central Bank of Luxembourg website is where you will find a wealth of information in regards to the regulation of all banking institutions that are licensed to operate in Luxembourg. Recent ratings given for Government Bonds in Luxembourg are as follows: Standard & Poor’s: AAA, Moody’s rating: Aaa and the Moody’s outlook is listed as being: STA.

Luxembourg is a signed up full member of the Euro system and they are part of the European Central Bank. As such they use the Euro currency.

Luxembourg International Financial Reserves

Based on the latest set of figures released Luxembourg has International Reserves of US$ 2.978 billion.

Real GDP Growth in Luxembourg

Based on the last batch of finalised reports in the last 12 years Luxembourg had 2 years of negative real GDP and below you will find the information regarding just which years were negative and positive.

The figures for real GDP growth since 2003 to 2014 are as follows: 2003 1.5%, 2004 4.4%, 2005 5.3%, 2006 4.9%, 2007 6.6%, 2008 -0.7%, 2009 -5.6%, 2010 3.1%, 2011 1.9%, 2012 0.2%, 2013 2.1%, 2014 2.7%.

Luxembourg GDP as a Percentage of Composition by each Market Sector

The following three market sectors and their respective figures are the percentage of composition on each of those market sectors of GDP of Luxembourg.

The Agriculture market sector makes up 0.3% of GDP in Luxembourg, whilst the Industry market sector makes up 13.3% of the total GDP in Luxembourg and the Services market sector is responsible for 86.4% of total GDP in Luxembourg.

Inflation and Unemployment in Luxembourg

The rate of inflation in Luxembourg over the last five years has been reported as being as follows: 2011 3.7%, 2012 2.9%, 2013 1.7% and in 2014 1.1% and to date in 2015 the rate of inflation was 2.14%. Unemployment in Luxembourg again over the same five year period has been reported as being 2011 5.7%, 2012 6.1%, 2013 6.9%, 2014 7.1%, and in 2015 6.9%.

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