Latest Documents


  • 8-July-2017

    English

    G20/OECD INFE report on adult financial literacy in G20 countries

    This report describes the levels of financial literacy of adults in G20 countries and the Netherlands and Norway, guest countries under the G20 German Presidency. It was presented to G20 Leaders at their 2017 Summit meeting in Hamburg on 8 July 2017.

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  • 31-May-2017

    English

    Financial education and youth

    Financial literacy is a core life skill for participating in modern society. Children are growing up in an increasingly complex world where they will eventually need to take charge of their own financial future. Financial education should start as early as possible and be taught in schools.

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  • 24-May-2017

    English

    OECD PISA financial literacy assessment of students

    The first OECD PISA international assessment of financial literacy examined 15-year-old students’ performance in financial literacy in the 18 countries and economies that participated in this optional assessment.

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  • 24-May-2017

    English

    Many teenagers struggle to understand money matters

    Around one in four students in the 15 countries and economies* that took part in the latest OECD Programme for International Student Assessment (PISA) test of financial literacy are unable to make even simple decisions on everyday spending, while only one in ten can understand complex issues, such as income tax.

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  • 24-May-2017

    English

    PISA 2015 Results (Volume IV) - Students' Financial Literacy

    The OECD Programme for International Student Assessment (PISA) examines not just what students know in science, reading and mathematics, but what they can do with what they know. Results from PISA show educators and policy makers the quality and equity of learning outcomes achieved elsewhere, and allow them to learn from the policies and practices applied in other countries. PISA 2015 Results (Volume IV): Students’ Financial Literacy, is one of five volumes that present the results of the PISA 2015 survey, the sixth round of the triennial assessment. It explores students’ experience with and knowledge about money and provides an overall picture of 15-year-olds’ ability to apply their accumulated knowledge and skills to real-life situations involving financial issues and decisions.

    Over the past decades, developed and emerging countries and economies have become increasingly concerned about the level of financial literacy of their citizens, particularly among young people. This initially stemmed from concern about the potential impact of shrinking public and private welfare systems, shifting demographics, including the ageing of the population in many countries, and the increased sophistication and expansion of financial services. Many young people face financial decisions and are consumers of financial services in this evolving context. As a result, financial literacy is now globally recognised as an essential life skill.

  • 24-May-2017

    English

    Launch: OECD PISA financial literacy assessment of students

    24 May 2017: PISA 2015 Results (Volume IV): Students’ Financial Literacy explores students’ experience with and knowledge about money and provides an overall picture of 15-year-olds’ ability to apply their accumulated knowledge and skills to real-life situations involving financial issues and decisions.

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  • 20-April-2017

    English, PDF, 2,353kb

    G20/OECD INFE Report on Ensuring financial education and consumer protection for all in the digital age (PDF)

    This report discusses the implications of the digitalisation of finance for financial education and relevant consumer protection issues and provides an overview of digital financial services around the world.

  • 20-April-2017

    English

    Ensuring financial education and consumer protection for all in the digital age

    This report discusses the implications of the digitalisation of finance for financial education and relevant consumer protection issues and provides an overview of digital financial services around the world.

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  • 29-March-2017

    English

    Financial education

    Awareness of the importance of financial education is gaining momentum among policy makers in economies the world over. The OECD and its International Network on Financial Education (INFE) provide a unique policy forum for governments to exchange views and experiences on this issue.

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  • 28-March-2017

    English

    What do Americans know about retirement and what do they expect?

    The United States’ Social Security Act of 1935 set up a social insurance programme for American workers, providing them with at least some degree of certainty about income after retirement. But, in today’s environment, to what degree do Americans feel secure about their retirement? This article looks at the results of a new survey on American’s understanding of retirement preparedness and the perceived role of Social Security.

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