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Financial Literacy: Average Scores


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Table FL2. Average scores and changes in average scores of 15-year-old students on the PISA financial literacy scale, by education system: 2012 and 2015
 
Education system 2012   2015   2015-2012
Average score s.e.   Average score s.e.   Difference s.e.
OECD average 499   1.4   488   1.2   -11   5.6
Belgium (Flemish Community) 541   3.5   541   3.0   #  
Russian Federation 486   3.7   512   3.3   26 * 7.3
Australia 526   2.1   504   1.9   -22 * 6.0
United States 492   4.9   487   3.8   -4   8.2
Poland 510   3.7   485   3.0   -25 * 7.1
Italy 466   2.1   483   2.8   17 * 6.4
Spain 484   3.2   469   3.2   -16 * 7.0
Slovak Republic 470   4.9   445   4.5   -25 * 8.5
† Not applicable.
# Rounds to zero.
* p<.05. Difference between 2015 and 2012 score is significantly different at the .05 level of statistical significance.
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 the05 level of statistical significance. The OECD average shown in this table is the average of the national average scores of the seven OECD member countries that participated in both the 2012 and 2015 assessments, which may vary from the 2015 average shown elsewhere. Standard error is noted by s.e. Italics indicate non-OECD countries and education systems.
SOURCE: Organization for Economic Cooperation and Development (OECD), Program for International Student Assessment (PISA), 2012 and 2015.