OECD INFE High-level principles

Monitoring and evaluating financial education programmes is essential to be certain that they are effective, to identify where and how they can be improved and to check whether resources are well used. Evaluation evidence can help identifying the most efficient programmes and influencing future funding decisions. Furthermore, when robust evaluation findings are generalised to a wider population it becomes possible to predict the overall impact of a programme on a much larger scale and set well-defined policy targets.

These OECD INFE High-level Principles for the Evaluation of Financial Education Programmes provide policy makers, programme designers and other stakeholders with information about the importance of monitoring and evaluating financial education programmes. They cover a wide variety of financial education provisions, from individual courses and seminars to large scale programmes and media campaigns.

Because the evaluation of national strategies requires evaluation of the component parts, these principles and recommendations are of relevance in all countries, regardless of whether there is a national financial literacy strategy.

The principles were developed by the OECD International Network on Financial Education (INFE) and then reviewed by the OECD Committees on Financial Markets and Insurance and Private Pensions Committee (IPPC). They benefited from comments received via public consultation. They should be read as a complement to the 2005 Recommendation on Principles and Good Practices for Financial Education and Awareness.

OECD INFE High-level Principles for the Evaluation of Financial Education Programmes (pdf, 0.4MB)

Guidance

The INFE has developed two practical  guides on evaluating financial education programmes. These describe the process of monitoring and evaluating financial education programmes and explain their importance. The first provides an overview of evaluation, whilst the second (available in English and French) provides more detailed guidance. They have been developed for use by financial education project managers, educators and stakeholders.

Overview of evaluation

Detailed guidance  [français]

Related documents

OECD Recommendation on Principles and Good Practices for Financial Education and Awareness, 2005 (pdf, 26KB)

National strategies on financial literacy may also be evaluated by undertaking repeated national surveys of financial literacy to measure improvement. The OECD/INFE has developed a survey instrument for this purpose.

OECD INFE High-level principles

OECD INFE High-level Principles for the Evaluation of Financial Education Programmes  (pdf, 0.4MB)

Guidance

Overview of evaluation

Detailed guidance  [français]

Related documents

OECD Recommendation on Principles and Good Practices for Financial Education and Awareness, 2005 (pdf, 26KB)

Measuring financial literacy

For further information

Please contact:
Ms. Flore-Anne Messy
Tel: +33 1 45249656
Email: flore-anne.messy@oecd.org

Ms. Adele Atkinson
Tel: +33 1 45 24 78 64
Email: adele.atkinson@oecd.org