Standard & Poor’s Global Financial Literacy Survey


In 2015, Standard & Poor’s Rating Services carried out a survey “S&P Global FinLit Survey” which is the most comprehensive global gauge of financial literacy to date. The survey assessed knowledge of four basic financial concepts: risk diversification, inflation, numeracy and interest compounding. The survey is based on interviews with more than 150,000 adults in more than 140 countries. It allows ranking countries according to the level of financial literacy of their residents. According to Standard & Poor’s, only 53% of Luxembourg’s population are financially literate. 


Detailed results per country and socio-demographic criteria are available in the document “Full Data Set”.


ING International Surveys


Different surveys relating to financial education in Luxembourg were published in the context of the ING International Surveys.


Survey 2015Personal Finance Choices that pay 

Survey 2014 : Pocket Money 

Communique of 8 September 2014

Survey 2014 : Financial decision making 

Communique of 25 April 2014

Survey 2013 : Financial education 

Communique of 30 October 2013

Survey 2012 : Financial competence 

Communique of 7 June 2012


Banque centrale du Luxembourg (BCL)


Working paper No 121: Stress testing household balance sheets in Luxembourg


Working paper No 113: Household debt burden and financial vulnerability in Luxembourg 


BCL Bulletin No 1 2016 page 56: Quel est le niveau de la culture financière au Luxembourg ? (only in French)