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PISA 2012 Results: Students and Money (Volume VI)

Financial Literacy Skills for the 21st Century

image of PISA 2012 Results: Students and Money (Volume VI)

This sixth volume of PISA 2012 results examines 15-year-old students’ performance in financial literacy in the 18 countries and economies that participated in this optional assessment. It also discusses the relationship of financial literacy to students’ and their families’ background and to students’ mathematics and reading skills. The volume also explores students’ access to money and their experience with financial matters. In addition, it provides an overview of the current status of financial education in schools and highlights relevant case studies.

English Also available in: French

Policy and Practical Implications of the Financial Literacy Assessment

Young people on the brink of adulthood are poised to make complex financial decisions that will have an impact on the rest of their lives. Results from the PISA 2012 financial literacy assessment show that many students, including those living in countries that are high-performers in the main PISA assessment, need to improve their financial literacy. This chapter discusses selected implications of those results for policy and practice.

English Also available in: French

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