Staff expenses of the banking sector in Luxembourg 2006-2019
This statistic shows the total staff expenses of the banking sector in Luxembourg from 2006 to 2019 (in million euros). In 2019, the total staff expenses were worth over 3.5 billion euros. This is the highest value reached since 2006. Luxembourg is an international financial center in the European Union, with over 140 international banks having an office in the Grand Duchy. The fund industry is one of the largest in Europe. In 2016, for example, the total value of investments in private equity companies in Luxembourg amounted to approximately 465 million euros.
