Financial Literacy Among Ukrainian Teenagers: New Research Insights

The response rate to case study tasks indicates that Ukrainian teenagers possess a foundational level of financial literacy.

This was reported by the NBU.

The study revealed that the average correct answer rate among teenagers is 46.6%,

which corresponds to 3 points on a 12-point grading scale.

The best results were shown by students from Dnipropetrovsk (57.4%), Ivano-Frankivsk (53.7%) regions, and Kyiv (50.4%).

The poorest results were recorded in Kirovohrad (37.4%), Mykolaiv (39.7%), and Chernivtsi (41.4%) regions.

Girls performed better (47.4%) compared to boys (45.6%). Urban and rural students scored 48% and 40% respectively.

Notably, no teenager provided 100% correct answers to all the case questions presented in the survey.

The research was conducted by specialists from the Ukrainian Institute of Social Research named after O. Yaremenko in April 2024. The sample of participants was formed by employees of the State Scientific Institution "Institute of Educational Analytics".

During the study, over 3,000 students aged 14 to 17 from 19 regions of Ukraine and Kyiv were tested.