Overall

Excel Download

Table FL5. Percentile scores of 15-year-old students on the PISA financial literacy scale for selected percentiles, by education system: 2015
Education system	10th			25th			Average			75th			90th			90th to 10th
		Score	s.e.		Score	s.e.		Score	s.e.		Score	s.e.		Score	s.e.		Score gap		s.e.
OECD average	342	1.8		415	1.4		489	1.1		567	1.2		627	1.3		285		2.0
Russian Federation	396	4.4		452	4.3		512	3.3		574	4.3		627	4.4		232		5.1
Italy	356	4.9		419	3.5		483	2.8		552	2.9		605	3.9		249		6.0
Poland	351	5.0		418	3.9		485	3.0		556	3.7		614	4.1		262		5.5
Spain	332	5.0		401	4.2		469	3.2		541	3.2		597	3.3		265		4.8
Lithuania	313	5.0		379	4.4		449	3.1		520	3.8		579	4.7		266		6.4
Chile	295	5.1		360	4.2		432	3.7		507	4.4		569	5.3		274		6.6
Peru	263	4.4		328	3.9		403	3.4		478	4.2		539	4.3		276		5.4
United States	346	5.6		413	4.5		487	3.8		564	4.3		626	4.2		280		5.8
Belgium (Flemish Community)	386	6.9		467	4.6		541	3.0		622	3.2		676	4.0		291		8.5
Canadian provinces	382	6.7		458	5.5		533	4.6		613	4.7		677	5.4		295		6.7
Brazil	246	4.6		312	3.8		393	3.8		473	4.5		548	5.0		302		5.3
Australia	342	3.1		425	2.9		504	1.9		589	2.2		651	2.6		309		3.9
Slovak Republic	287	6.4		364	5.3		445	4.5		530	5.3		598	4.8		311		6.1
Netherlands	348	7.9		426	5.5		509	3.3		596	2.9		660	3.6		312		8.8
B-S-J-G (China)	405	8.0		485	6.8		566	6.0		653	6.7		717	7.4		312		10.0
U.S. state education systems
Massachusetts	387	11.5		456	8.6		523	6.7		596	6.8		652	8.0		265		14.0
North Carolina	357	6.3		424	6.3		496	5.5		571	6.7		631	6.4		274		9.0

Score gap is larger than U.S. score gap. Score gap is smaller than U.S. score gap. NOTE:This table shows the threshold (or cut) scores for the following: (a) 10th percentile- the bottom 10 percent of students; (b) 25th percentile- the bottom 25 percent of students; (c) Average- the average of all students' scores; (d) 75th percentile- the top 25 percent of students; (e) 90th percentile- the top 10 percent of students. The percentile ranges are specific to each education system's distribution of scores, enabling users to compare cut scores across education systems. Scores are reported on a scale from 0 to 1,000. Education systems are ordered by the 90th to 10th score gap. All score gaps reported as higher or lower than the U.S. score gap are different at the05 level of statistical significance. The OECD average is the average of the national 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.