Slovak pupils below OECD average in financial literacy: report

Source: Xinhua| 2017-05-25 00:33:45|Editor: yan
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BRATISLAVA, May 24 (Xinhua) -- Slovak pupils are below the average in OECD countries in terms of financial literacy, according to the results of the 2015 PISA financial literacy assessment of 15-year-old students, the Slovak Education, Science, Research and Sport Ministry said on Wednesday.

Slovakia scored 445 points, while the OECD average was 489. Chinese pupils topped the list by scoring 566 points. Of the 15 participating countries, only pupils from Chile, Peru and Brazil posted worse performances than Slovak students.

The 2015 PISA study further revealed that more than one third (34.7 percent) of Slovak pupils are low performers in financial literacy and thus belong to the so-called risk group.

"This means that 34.7 percent of our pupils aren't able to solve and apply in practice issues and problems concerning financial matters. Moreover, the proportion of Slovak pupils in the risk group is 12.4-percent higher than the OECD average," stated the Slovak ministry.

Slovakia took part in the OECD's PISA financial literacy assessment for the second time by testing a selected sample of 1,540 15-year-old from 292 schools across the country.

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