Denmark, Germany, the Netherlands, and Sweden have the highest literacy rates in the European Union: at least 65 percent of their adults are financially literate. Rates are much lower in southern Europe. For example, in Greece and Spain, literacy rates are 45 percent and 49 percent, respectively.

The Financial Literacy Index of the Russian population was 12.12 points with a possible maximum of 21 points. According to this indicator, our country ranks 9th among the G20 countries (the “Big Twenty”). The average grade for financial literacy across G20 countries is 12.7 points.

information to policy makers, regulators, the private sector, and academics • The S&P Global FinLit Survey is the largest, most comprehensive measure of financial literacy. Norway, Denmark, and Sweden lead the world with 71% of adults answering three out of four topics correctly.

In a report on literacy rates around the world, the 10 most financial literate countries include Denmark, Norway, and Sweden each with 71% literacy, Canada and Israel follow with 68%, the United Kingdom with 67%, Germany and Netherlands with 66%, Australia with 64% and Finland with 63%.