Financial Literacy: Average Scores

• Overall
• Trend

Overall

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Table FL1. Average scores of 15-year-old students on the PISA financial literacy scale, by education system: 2015
Education system	Average score		s.e.
OECD average	489		1.1
B-S-J-G (China)	566		6.0
Belgium (Flemish Community)	541		3.0
Canadian provinces	533		4.6
Russian Federation	512		3.3
Netherlands	509		3.3
Australia	504		1.9
United States	487		3.8
Poland	485		3.0
Italy	483		2.8
Spain	469		3.2
Lithuania	449		3.1
Slovak Republic	445		4.5
Chile	432		3.7
Peru	403		3.4
Brazil	393		3.8
U.S. state education systems
Massachusetts	523		6.7
North Carolina	496		5.5

Average score is higher than U.S. average score. Average score is lower than U.S. average score. NOTE: Education systems are ordered by 2015 average score. Scores are reported on a scale from 0 to 1,000. All average scores reported as higher or lower than the U.S. average score are different at the 0.5 level of statistical significance. The OECD average is the average of the national average scores of the 10 OECD member countries that participated in the financial literacy assessment, with each system weighted equally. B-S-J-G (China) refers to the four PISA participating China provinces: Beijing, Shanghai, Jiangsu, and Guangdong. Canadian provinces refers to the seven provinces that participated in the financial literacy assessment: British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, and Prince Edward Island. Standard error is noted by s.e. Italics indicate non-OECD countries and education systems. Results for Massachusetts and North Carolina are for public school students only. SOURCE: Organization for Economic Cooperation and Development (OECD), Program for International Student Assessment (PISA), 2015.