No. 13 – Luxembourg

Overall score: 1.54
Innovation inputs score: 0.94
Innovation performance score: 2.00
GDP (Purchasing Power Parity): $41.4 billion
Foreign Direct Investment: N/A

Luxembourg can count on a well-educated populace, an important consideration for companies looking for an innovation-friendly environment. Luxembourg is a leader in the finance industry. In its survey of innovation released in January, the European Union put Luxembourg in its second category, Innovation Followers.