In 2022, the literacy rate on pension funds among Indonesians reached around 30.46 percent, showing a significant increase compared to 2019. In the same year, Indonesia's overall financial literacy index was about 49.7 percent. This indicated that the literacy rate for pension funds still falls far below the overall financial literacy level of the Indonesian population.
Financial literacy rate for pension funds in Indonesia in 2019 and 2022
Financial literacy is defined as the knowledge, skill, confidence, attitude, and behavior of an individual to increase the quality of decision-making and financial management for their welfare.
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Financial Services Authority (Indonesia). (November 24, 2022). Financial literacy rate for pension funds in Indonesia in 2019 and 2022 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1421026/indonesia-financial-literacy-on-pension-funds/
Financial Services Authority (Indonesia). "Financial literacy rate for pension funds in Indonesia in 2019 and 2022." Chart. November 24, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1421026/indonesia-financial-literacy-on-pension-funds/
Financial Services Authority (Indonesia). (2022). Financial literacy rate for pension funds in Indonesia in 2019 and 2022. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1421026/indonesia-financial-literacy-on-pension-funds/
Financial Services Authority (Indonesia). "Financial Literacy Rate for Pension Funds in Indonesia in 2019 and 2022." Statista, Statista Inc., 24 Nov 2022, https://www.statista.com/statistics/1421026/indonesia-financial-literacy-on-pension-funds/
Financial Services Authority (Indonesia), Financial literacy rate for pension funds in Indonesia in 2019 and 2022 Statista, https://www.statista.com/statistics/1421026/indonesia-financial-literacy-on-pension-funds/ (last visited November 21, 2024)
Financial literacy rate for pension funds in Indonesia in 2019 and 2022 [Graph], Financial Services Authority (Indonesia), November 24, 2022. [Online]. Available: https://www.statista.com/statistics/1421026/indonesia-financial-literacy-on-pension-funds/
