This statistic illustrates the level of knowledge regarding compound interest in selected European countries* as of 2015. It can be seen that on average 32 percent of respondents in Europe replied correctly to a given question concerning compound interest.
Knowledge levels of compound interest in selected European countries* as of 2015, by country
Characteristic
Share of respondents
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Values are shares of respondents who answered correctly to a given question relating to a financial matter or a calculation, in this case regarding compound interest.
*European countries participating in the OECD/INFE 2015 Measurement Exercise.
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OECD. (April 20, 2016). Knowledge levels of compound interest in selected European countries* as of 2015, by country [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/562405/knowledge-of-compound-interest-by-country-europe/
OECD. "Knowledge levels of compound interest in selected European countries* as of 2015, by country ." Chart. April 20, 2016. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/562405/knowledge-of-compound-interest-by-country-europe/
OECD. (2016). Knowledge levels of compound interest in selected European countries* as of 2015, by country . Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/562405/knowledge-of-compound-interest-by-country-europe/
OECD. "Knowledge Levels of Compound Interest in Selected European Countries* as of 2015, by Country ." Statista, Statista Inc., 20 Apr 2016, https://www.statista.com/statistics/562405/knowledge-of-compound-interest-by-country-europe/
OECD, Knowledge levels of compound interest in selected European countries* as of 2015, by country Statista, https://www.statista.com/statistics/562405/knowledge-of-compound-interest-by-country-europe/ (last visited July 22, 2024)
Knowledge levels of compound interest in selected European countries* as of 2015, by country [Graph], OECD, April 20, 2016. [Online]. Available: https://www.statista.com/statistics/562405/knowledge-of-compound-interest-by-country-europe/