Czech students rank fifth in international financial literacy survey

Czech 15-year-olds ranked high in an international test of students’ financial literacy created by the OECD. They placed fifth  after Flanders, Denmark, Canada and the Netherlands, according to the results released by the international organization this Thursday.

The PISA benchmark testing involved 14 OECD countries and regions and six partner countries in 2022. The worst performing countries were Brazil, Saudi Arabia and Malaysia.

According to the results, around two-thirds of OECD students use financial services, while 63 percent have a bank account. Some 86 percent of students said they had made an online purchase themselves or with the help of their family in the past year.