17 October 2016 INSIGHTS, LINKS
OECD/INFE International Survey of Adult Financial Literacy Competencies.
© OECD 2016
As indicated in the High-level Principles on National Strategies, developed by the OECD International Network on Financial Education (OECD/INFE), assessing the financial literacy competencies of the population is a key component of a successful national strategy. The opportunity to collect data using an internationally relevant instrument through a co-ordinated exercise further increases the value of such an assessment by enabling countries to benchmark themselves, identify common patterns and work together to find solutions for improving financial literacy and wellbeing within their respective populations.
With these benefits in mind, 30 countries and economies, drawn from Africa, Asia, Europe, Australasia, North America and South America, participated in an international survey of financial literacy competencies using the globally recognised OECD/INFE toolkit.