ARTICLE · 14 MARCH 2016

Luxembourg Scores Highest Sustained Growth Rating Worldwide

KPMG Luxembourg

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The results of KPMG's Variables for Sustained Growth (VSG) Survey are in: Luxembourg, sharing a score with the Netherlands and Switzerland, ranks first globally when it comes to drivers of sustained growth.

LuxembourgStrategy

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The results of KPMG's Variables for Sustained Growth (VSG) Survey are in: Luxembourg, sharing a score with the Netherlands and Switzerland, ranks first globally when it comes to drivers of sustained growth. With the exception of Singapore (fourth), New Zealand (fifth), and Hong Kong (eighth), the top ten are all in Western Europe.

The VSG survey was developed in 2013 by members of the KPMG Macroeconomics team, alongside external advisors. It aims to measure the sustainability of a country's growth by gathering and evaluating data in five areas:

macro stability, measured using government debt and deficit data
openness to catching up on best practices, measured using FDI stock and total trade scores

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