(son of
Grand Duke Jean, born 16 April 1955)
Head of Government:
Prime Minister Jacques SANTER (since 21 July 1984); Vice Prime Minister
Jacques F. POOS (since 21 July 1984)

*Luxembourg, Government

Member of:
ACCT, Australia Group, Benelux, CCC, CE, COCOM, CSCE, EBRD, EC, ECE, EIB,
FAO, GATT, IAEA, IBRD, ICAO, ICC, ICFTU, IDA, IEA, IFAD, IFC, ILO, IMF, IMO,
INTELSAT, INTERPOL, IOC, IOM, ITU, LORCS, MTCR, NACC, NATO, NEA, NSG, OECD,
PCA, UN, UNCTAD, UNESCO, UNIDO, UNPROFOR, UPU, WCL, WEU, WHO, WIPO, WMO, ZC
Diplomatic representation in US:
chief of mission:
Ambassador Alphonse BERNS
chancery:
2200 Massachusetts Avenue NW, Washington, DC 20008
telephone:
(202) 265-4171
FAX:
(202) 328-8270
consulates general:
New York and San Francisco
US diplomatic representation:
chief of mission:
Ambassador Edward M. ROWELL
embassy:
22 Boulevard Emmanuel-Servais, 2535 Luxembourg City
mailing address:
PSC 11, APO AE 09132-5380
telephone:
[352] 460123
FAX:
[352] 461401
Flag:
three equal horizontal bands of red (top), white, and light blue; similar to
the flag of the Netherlands, which uses a darker blue and is shorter; design
was based on the flag of France

*Luxembourg, Economy

Overview: The stable economy features moderate growth, low inflation, and negligible
unemployment. Agriculture is based on small but highly productive
family-owned farms. The industrial sector, until recently dominated by
steel, has become increasingly more diversified, particularly toward
high-technology firms. During the past decade, growth in the financial
sector has more than compensated for the decline in steel. Services,
especially banking, account for a growing proportion of the economy.
Luxembourg participates in an economic union with Belgium on trade and most
financial matters and is also closely connected economically to the
Netherlands.
National product:
GDP - purchasing power equivalent - $8.5 billion (1992)
National product real growth rate:
2.5% (1992)
National product per capita:
$21,700 (1992)
Inflation rate (consumer prices):
3.6% (1992)
Unemployment rate:
1.4% (1991)
Budget:
revenues $3.5 billion; expenditures $3.5 billion, including capital
expenditures of $NA (1992)
Exports:
$6.4 billion (f.o.b., 1991 est.)
commodities:
finished steel products, chemicals, rubber products, glass, aluminum, other
industrial products
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