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Monday, June 24, 2019

How is the level of financial literacy of Mexicans?

On April 12, the Mexican National Banking Commission (CNBV) published the level of financial literacy of Mexicans in 2018, which was 58.2 out of 100 points. This note describes the main questions related to financial "knowledge", "behaviors" and "attitudes" that were answered incorrectly by more than half of Mexicans.

Key points

  • Key points:
  • Older people tend to prefer saving money for the future, compared to younger people.
  • The subjects of financial inclusion and education are being approached from different perspectives by the public and private sectors.

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