Date of publication 
23 September 2021

A National Financial Literacy Strategy for Austria

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The national financial literacy strategy for Austria will guide the actions of Austrian stakeholders for the next five years. It creates a Financial Literacy Stakeholder Council and it identifies policy priorities based on evidence. It presents over forty action tools to support the strategy's implementation, and defines an impact evaluation framework. Its ultimate objective is to increase the financial well-being of people living in Austria over the long-term. The design of the strategy is in line with the OECD Council Recommendation on Financial Literacy. 

The strategy was presented to the press on 23 September by Federal Finance Minister Blümel and the Head of the OECD Berlin Centre Nicola Brandt with remarks by the OECD Secretary-General Mathias Cormann, EU Commissioner for financial services Mairead McGuinness and DG REFORM Director General Mario Nava. It was officially adopted by the Council of Ministers in its 29 September session

• Press release (DE)
• Strategy in German

Speech by the OECD Secretary-General (DE) (English text)

Date of publication
1 March 2021

Financial Literacy in Austria: Relevance, evidence and provision

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This report contributes to the necessary evidence and analysis required for the design of a national financial literacy strategy in Austria and presents a mapping of the actors directly involved or with an interest in financial literacy, and the financial literacy initiatives currently being implemented in the country.

In line with the OECD Council Recommendation on Financial Literacy, which advocates actively reporting and publicising the results of the preparatory phase of a national strategy, this report is published and intended not only for relevant stakeholders across government, independent authorities, not-for-profit and private sectors, but also for the general public.

• Press release (DE)