In 2018, Chilean students reached the highest financial literacy score among the Latin American countries analyzed by the program for international student assessment (PISA), with 451. Brazil followed with a mean score of 420. All Latin American countries analyzed performed below the OECD average of 505.
PISA mean score of financial literacy in selected countries in Latin America in 2018
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PISA mean score
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The source adds the following information: "The 2018 financial literacy assessment assesses the extent to which students in 20 participating countries and economies have the knowledge and skills, acquired both in and outside of school, that are essential for making financial decisions and plans for their future."
More details about the methodology can be found on pages 33 to 47 of the report.
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OECD. (May 7, 2020). PISA mean score of financial literacy in selected countries in Latin America in 2018 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1188528/latin-america-financial-literacy-pisa/
OECD. "PISA mean score of financial literacy in selected countries in Latin America in 2018." Chart. May 7, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1188528/latin-america-financial-literacy-pisa/
OECD. (2020). PISA mean score of financial literacy in selected countries in Latin America in 2018. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1188528/latin-america-financial-literacy-pisa/
OECD. "Pisa Mean Score of Financial Literacy in Selected Countries in Latin America in 2018." Statista, Statista Inc., 7 May 2020, https://www.statista.com/statistics/1188528/latin-america-financial-literacy-pisa/
OECD, PISA mean score of financial literacy in selected countries in Latin America in 2018 Statista, https://www.statista.com/statistics/1188528/latin-america-financial-literacy-pisa/ (last visited July 22, 2024)
PISA mean score of financial literacy in selected countries in Latin America in 2018 [Graph], OECD, May 7, 2020. [Online]. Available: https://www.statista.com/statistics/1188528/latin-america-financial-literacy-pisa/