PISA 2015 Results (Volume IV): Students’ Financial Literacy explores students’ experience with and knowledge about money and provides an overall picture of 15-year-olds’ ability to apply their accumulated knowledge and skills to real-life situations involving financial issues and decisions.
Angel Gurría, OECD Secretary-General, opened the launch event with H.M. Queen Máxima of the Netherlands, UN Secretary-General’s Special Advocate for Inclusive Finance for Development and Honorary Patron of the G20 Global Partnership for Financial Inclusion.
The launch was followed by an OECD/GFLEC global policy research symposium to advance financial literacy that focused on addressing the needs of youth.
The Programme for International Student Assessment (PISA) is a triennial international survey which aims to evaluate education systems worldwide by testing the skills and knowledge of 15-year-old students in science, reading and mathematics. For the first time in 2012 it included an assessment of financial literacy, which was repeated in 2015. Around 48 000 students were assessed in financial literacy in 2015, representing about 12 million 15-year-olds in the schools of the 15 participating countries.
The 2015 assessment covers 15 countries and economies, including 10 OECD countries and economies: Australia, the Flemish Community of Belgium, 7 provinces in Canada (British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario and Prince Edward Island), Chile, Italy, the Netherlands, Poland, the Slovak Republic, Spain and the United States. 5 partner countries and economies also participated in the second assessment: Brazil, 4 provinces in China (Beijing, Shanghai, Jiangsu and Guangdong), Lithuania, Peru and the Russian Federation.
Other launch events
Washington D.C. on 24 May
Rome on 24 May | Programme
Madrid on 25 May | Webcast
Q&A webinar on 31 May | Webinar