Credit cards and debit cards per capita in Luxembourg 2000-2023

Credit cards per capita in Luxembourg increased to reach a value of almost four cards per person in 2023. On the other hand, debit card penetration in the country has become more significant recently, reaching 12.35 per capita in the same year. The numbers provided are estimates, based on the figures central banks have to supply. Owning a payment card does not immediately indicate it gets used, as there are large differences within Europe when it comes to the use of certain payment methods. In the case of Luxembourg, credit cards are likely issued by large foreign banks and are not necessarily meant for domestic retail payments.