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Policy Papers and Research

Insights from the Standard & Poor's Ratings Services Global Financial Literacy Survey

The Standard & Poor's Ratings Services Global Financial Literacy Survey is the world’s largest, most comprehensive global measurement of financial literacy. It probes 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 over 140 countries.

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Source details: Financial Literacy Around the World:Insights from the Standard & Poor's Ratings Services Global Financial Literacy Survey, https://gflec.org/, Authored by Leora Klapper, Annamaria Lusardi, and Peter van Oudheusden, with the support of Jake Hess and Saniya Ansar.

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