:Luxembourg Government
US:
Ambassador Edward M. ROWELL; Embassy at 22 Boulevard Emmanuel-Servais, 2535
Luxembourg City; PSC 11 (mailing address is 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.
GDP:
purchasing power equivalent - $7.83 billion, per capita $20,200; real growth
rate 2.5% (1991 est.)
Inflation rate (consumer prices):
3.7% (1990)
Unemployment rate:
1.3% (1990)
Budget:
revenues $2.5 billion; expenditures $2.3 billion, including capital
expenditures of NA (1988)
Exports:
$6.3 billion (f.o.b., 1990)
commodities:
finished steel products, chemicals, rubber products, glass, aluminum, other
industrial products
partners:
EC 75%, US 5%
Imports:
$7.5 billion (c.i.f., 1990)
commodities:
minerals, metals, foodstuffs, quality consumer goods
partners:
Belgium 37%, FRG 31%, France 12%, US 2%
External debt:
$131.6 million (1989 est.)
Industrial production:
growth rate - 0.5% (1990); accounts for 25% of GDP
Electricity:
1,500,000 kW capacity; 1,163 million kWh produced, 3,170 kWh per capita
(1991)
Industries:
banking, iron and steel, food processing, chemicals, metal products,
engineering, tires, glass, aluminum
Agriculture:
accounts for less than 3% of GDP (including forestry); principal products -
barley, oats, potatoes, wheat, fruits, wine grapes; cattle raising
widespread
Economic aid:
none
Currency:
Luxembourg franc (plural - francs); 1 Luxembourg franc (LuxF) = 100 centimes
Exchange rates:
Luxembourg francs (LuxF) per US$1 - 32.462 (January 1992), 34.148 (1991),
33.418 (1990), 39.404 (1989), 36.768 (1988), 37.334 (1987); note - the
Luxembourg franc is at par with the Belgian franc, which circulates freely
in Luxembourg
Fiscal year:
calendar year
:Luxembourg Communications
Railroads:
Luxembourg National Railways (CFL) operates 270 km 1.435-meter standard
gauge; 162 km double track; 162 km electrified
Highways:
5,108 km total; 4,995 km paved, 57 km gravel, 56 km earth; about 80 km
limited access divided highway
Inland waterways:
37 km; Moselle River
Pipelines:
petroleum products 48 km
Ports:
Mertert (river port)
Merchant marine:
49 ships (1,000 GRT or over) totaling 1,592,985 GRT/2,642,249 DWT; includes
3 cargo, 5 container, 5 roll-on/roll-off, 6 petroleum tanker, 4 chemical
tanker, 3 combination ore/oil, 8 liquefied gas, 1 passenger, 8 bulk, 6
combination bulk
Civil air:
13 major transport aircraft
Airports:
2 total, 2 usable; 1 with permanent-surface runways; 1 with runways over
3,659 m; 1 with runways less than 1,220 m
Telecommunications:
highly developed, completely automated and efficient system, mainly buried
cables; 230,000 telephones; broadcast stations - 2 AM, 3 FM, 3 TV; 3
channels leased on TAT-6 coaxial submarine cable; 1 direct-broadcast
satellite earth station; nationwide mobile phone system
:Luxembourg Defense Forces
Branches:
Army, National Gendarmerie
Manpower availability:
males 15-49, 100,994; 83,957 fit for military service; 2,320 reach military
age (19) annually
Defense expenditures:
exchange rate conversion - $100 million, 1.4% of GDP (1991)
:Macau Geography
Total area:
16 km2
Land area:
16 km2
Comparative area:
about 0.1 times the size of Washington, DC
Land boundaries:
0.34 km; China 0.34 km
Coastline:
40 km
Maritime claims:
not known
Disputes:
none
Climate:
subtropical; marine with cool winters, warm summers
Terrain:
generally flat
Natural resources:
negligible
Land use:
arable land 0%; permanent crops 0%; meadows and pastures 0%; forest and
woodland 0%; other 100%
Environment:
essentially urban; one causeway and one bridge connect the two islands to
the peninsula on mainland
Note:
27 km west-southwest of Hong Kong on the southeast coast of China