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Financial Literacy: Correlations


Correlations

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Table FL14. Correlation between PISA financial literacy scores and mathematics literacy, science literacy, and reading literacy scores, by education system: 2015
 
  Mathematics literacy   Science literacy   Reading literacy
Education system Correlation s.e.   Correlation s.e.   Correlation s.e.
OECD average 0.74 0.004   0.78 0.004   0.75 0.005
Netherlands 0.81 0.012   0.84 0.008   0.81 0.011
Belgium (Flemish Community) 0.80 0.011   0.83 0.006   0.80 0.009
United States 0.80 0.010   0.83 0.008   0.80 0.010
B-S-J-G (China) 0.80 0.011   0.83 0.010   0.80 0.012
Australia 0.79 0.006   0.85 0.004   0.80 0.006
Peru 0.76 0.010   0.79 0.009   0.81 0.010
Chile 0.75 0.012   0.78 0.009   0.75 0.013
Poland 0.74 0.011   0.77 0.009   0.75 0.011
Spain 0.71 0.009   0.75 0.008   0.72 0.010
Lithuania 0.70 0.013   0.75 0.009   0.73 0.012
Canadian provinces 0.68 0.015   0.74 0.010   0.70 0.016
Italy 0.68 0.013   0.73 0.010   0.67 0.017
Slovak Republic 0.66 0.024   0.68 0.026   0.66 0.034
Brazil 0.62 0.017   0.68 0.014   0.65 0.013
Russian Federation 0.60 0.014   0.68 0.012   0.61 0.017
                 
U.S. state education systems                
Massachusetts 0.80 0.016   0.78 0.015   0.83 0.014
North Carolina 0.80 0.012   0.80 0.012   0.83 0.013
― Not available.
† Not applicable.
NOTE: Education systems are ordered by 2015 mathematics literacy correlation value 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.
SOURCE: Organization for Economic Cooperation and Development (OECD), Program for International Student Assessment (PISA), 2015.