Internet users for Luxembourg
ITNETUSERP2LUX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.80
Year-over-Year Change
7.51%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'Internet users for Luxembourg' trend measures the percentage of the population in Luxembourg that uses the internet. This key indicator helps economists and policymakers understand digital adoption and connectivity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks internet usage as a share of the total population in Luxembourg. It provides insights into the country's digital infrastructure, access, and technology adoption, which are crucial factors for economic competitiveness and development.
Methodology
The data is collected through household surveys by the International Telecommunication Union.
Historical Context
Policymakers use this metric to benchmark Luxembourg's digital progress and identify areas for investment or reform.
Key Facts
- Luxembourg has one of the highest internet usage rates in the world.
- Internet access is nearly ubiquitous in Luxembourg, with over 98% of the population using the internet.
- The country's advanced digital infrastructure supports its position as a global financial and tech hub.
FAQs
Q: What does this economic trend measure?
A: The 'Internet users for Luxembourg' trend measures the percentage of the population in Luxembourg that uses the internet.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Luxembourg's digital infrastructure, access, and technology adoption, which are crucial factors for economic competitiveness and development.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the International Telecommunication Union.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to benchmark Luxembourg's digital progress and identify areas for investment or reform.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Internet users for Luxembourg (ITNETUSERP2LUX), retrieved from FRED.