Luxembourg & Marshall Isl.
The Ultimate Resource
for Diplomats and Business Leaders
Bilateral Similarity Index BSX:
37.3%
You might be intrigued to discover that Luxembourg and the Marshall Islands show strongest alignment in economic landscapes?
Immerse yourself in our detailed 300-page hardcover report, showcasing full-color analysis of 40 distinct areas!
Luxembourg: A Geographical Gem
Despite being one of the smallest nations in the world, Luxembourg's strategic location at the crossroads of Western Europe and its diverse topography make it a geographical gem. Nestled between Germany, France, and Belgium, Luxembourg's shared borders and dense network of rivers, including the Moselle, Sûre, and Our, foster international connectivity and economic partnerships.
Marshall Islands' Geographic Significance
The Marshall Islands, a scattered chain of atolls and islands in the Pacific Ocean, stands out for its strategic geography, with one of the world's largest Exclusive Economic Zones (EEZs) relative to its landmass. This extensive maritime territory offers opportunities for resource exploration, ocean conservation, and marine research.
Luxembourg's Economic Might
Luxembourg stands out as an economic powerhouse in the heart of Europe, renowned for its exceptional wealth and prosperity. With the highest GDP per capita globally, Luxembourg's economy is fueled by a dominant services sector, which accounts for over 86% of its GDP.
Marshall Islands: Resilience Amidst Challenges
The Marshall Islands navigates unique economic conditions characterized by both strengths and opportunities. Despite ranking among the lowest globally in GDP and GDP per capita, the country's PPP conversion factor ratio of GDP to the market exchange rate is remarkably high.
Leadership Timeline
Henri
Grand Duke
Luc Frieden
Prime Minister
Xavier Bettel
Minister of Foreign Affairs
Hilda Heine
President
Kalani Kaneko
Minister of Foreign Affairs
Marshall Islands: Vibrant Demographics in the Pacific
Despite its modest size, Marshall Islands holds a significant demographic distinction among the world's nations. A vibrant and growing population of approximately 42,000 showcases a young and energetic society, where nearly a third of the population is under the age of 14.
Luxembourg: A Melting Pot
Amidst the heart of Europe lies Luxembourg, a microcosm of diversity and dynamism. With a population surpassing half a million, the country embraces a rich demographic landscape characterized by its cosmopolitan nature and strategic advantages.
Marshall Islands: A Globalized Economy
Marshall Islands has positioned itself as a pivotal player in the global trading arena, exhibiting resilience despite a relatively small economy. With a commendable ranking of 46th in export GDP to GDP ratio, the country emphasizes trade as an integral part of its economic strategy.
Luxembourg: A Global Trading Hub
Luxembourg holds a distinguished position in global trade, maintaining a high volume of both exports and imports, boasting the highest exports to GDP ratio worldwide at over 211%. Its trade mix showcases a strong orientation towards services, contributing nearly 84% to total exports, reinforcing the nation's expertise in financial and business sectors.
What's Inside the "Luxembourg & Marshall Islands" Report?
Each Bilateral Navigator report is a vital resource for diplomats and business leaders, offering quick insights into a foreign country through comparison with their own. By analyzing 40 key areas, we calculate the similarities between Luxembourg and the Marshall Islands, covering topics like geography, economy, international relations, and culture. This empowers you to confidently engage in a new country, impressing your hosts with data-driven knowledge while celebrating the bilateral relationship rather than focusing on one country alone.
1. Geopolitical Context: Compare the geography, demographics, and transport systems of Luxembourg and Marshallese regions to uncover strategic advantages and shared interests.
2. Economic Synergy: Explore Luxembourg and the Marshall Islands' economic outputs, trade relations, investments, and tourism flows, highlighting complementary strengths.
3. Green Partnership: Examine how the countries align in agricultural practices, energy production, and environmental policies, advancing sustainability together.
4. Human Empowerment: Analyze the healthcare and education systems of both Luxembourg and the Marshall Islands, along with social equity and gender balance efforts, spotlighting progress in human development.
5. Innovation Nexus: Explore high-tech sectors, shared skills, and educational exchanges between Luxembourgers and Marshallese, showcasing their roles in global innovation.
6. Political Landscape: Discover the governance structures, historical leadership trends, and security policies of Luxembourg and the Marshall Islands, shedding light on their political paths.
7. Diplomatic Cooperation: Review the diplomatic network between Luxembourg and the Marshall Islands, their multilateral treaties, and how closely they align in UN voting patterns, providing insight into their international relations.
8. Business Networking: Understand the professional exchanges and key industries that connect Luxembourg and Marshallese business communities, identifying opportunities for collaboration.
9. Communication & Media: Compare Luxembourg and the Marshall Islands' media landscapes, including telecom, social media engagement, and notable public figures historically or contemporarily connecting the two countries.
10. Shared Passions: From cultural heritage to sports achievements and cuisine, explore the cultural elements that bring Luxembourgers and Marshallese together, highlighting areas of shared interest and enjoyment.