Luxembourg is located in the northwest of Europe. What about the welfare of Luxembourg, which ranks first in the world?

Luxembourg, the full name of the Grand Duchy of Luxembourg, is a landlocked country in northwest Europe. Because of its narrow territory and numerous ancient castles, it is also known as the "Kingdom of Thousand Castles". As the richest country in the world, the number of unemployed people in Luxembourg is very low, and the average life expectancy can reach 80 years.

Why is the average GDP often ranked first? Luxembourg is located in the northwest of Europe. It has no outer Manchuria. It is a very typical landlocked country. But its average GDP has been in the top three, ranking first in the world.

First of all, in order to better cooperate with Europe and other countries in the world, Luxembourg has declared you a vassal state. This determination has also made Luxembourg's domestic environment and international situation more friendly and laid a solid foundation for Luxembourg's social and economic development.

At the same time, because Luxembourg is also a member of NATO and the European Union, there are also many enterprises and organizations under the European Union Group in Luxembourg, which greatly promotes the local social and economic development. Because of its rich iron ore resources, Luxembourg's iron and steel industry has developed slowly and steadily, and now it has become one of the three pillar industries in Luxembourg.

It is worth mentioning that the headquarters of the world's largest steel company-Sail Mittal Steel Group is located in Luxembourg. Its steel production accounts for about 8% of the world's steel production, and its annual sales amount to 80 billion US dollars.

Luxembourg's chemical plants, food industries, plastics and other industries are also very developed. Nearly 90% of China's industrial products are used for import and export, which greatly enhances domestic employment opportunities. Although Luxembourg's soil is not suitable for growing crops, there are still some people engaged in agricultural activities in its northern and eastern regions. Everyone usually manages aquaculture, Redmi aquaculture, aquaculture and other industries.

Secondly, Luxembourg's financial industry and television broadcasting industry are also local leading industries. Luxembourg is a permanent vassal country and a member of NATO and the European Union. Therefore, Luxembourg's financial industry has also developed rapidly and has been warmly welcomed by many countries.

Due to Luxembourg's unparalleled geographical location, many Luxembourg residents know four kinds of English, including English and French. It is because they know many languages that the local radio and television industry can develop in a hurry. Another important reason is that Luxembourg has a very small population and a very high income, so on average, the per capita net income is relatively high.

Luxembourg's social security system is also perfect. There,/kloc-children under the age of 0/8 receive $4,000 a year, and domestic culture and education are free. But the subsidies for college students are more generous. Every college student can get tens of thousands of dollars in subsidies every year.

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