Financial Services » Financial Institutions » The financial sector in Luxembourg | Luxembourg: number of employees of banks 1992-2016

Number of employees of banks in Luxembourg 1992-2016

Total number of employees of banks in Luxembourg from 1992 to 2016

The data displays the total number of employees of banks in Luxembourg from 1992 to 2016. In 2016, approx. 26,000 people were working in the Luxembourg banking sector. This is the highest number reached since 2008. 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 biggest in Europe. In 2016, for example, the total value of investments in private equity companies in Luxembourg amounted to approx.

1992 16143
1993 16725
1994 17638
1995 18283
1996 18582
1997 19089
1998 19834
1999 21197
2000 23068
2001 23886
2002 23300
2003 22529
2004 22554
2005 23227
2006 24752
2007 26140
2008 27200
2009 26420
2010 26254
2011 26695
2012 26537
2013 26237
2014 25785
2015 25942
2016 26060