U.S. Highlighted Results from the 2018 Program for International Student Assessment (PISA) Financial Literacy assessment (NCES 2020-072)

This web report provides key comparative information about 15-year-old students in the United States and 20 other education systems that participated in the optional Program for International Student Assessment (PISA) 2018 financial literacy assessment. PISA is sponsored by the Organization for Economic Cooperation and Development (OECD) and focuses on students' ability to apply the knowledge and skills they have learned both in and out of school to real-world problems as students are nearing the end of secondary schooling. The release of the PISA 2018 financial literacy results follows the December 2019 release of the PISA 2018 results in reading, mathematics, and science literacy. The financial literacy web report highlights U.S. student performance in comparison to their peers in the 20 other participating education systems, including 12 other member countries of the OECD.

Performance results are presented as average scores on a scale with a mean of 500 points and standard deviation of 100 and as percentages of students reaching the PISA proficiency levels. In addition to the 2018 results, comparisons are made to earlier PISA financial literacy assessments in 2012 and 2015. The web report also includes information about the performance of various student groups, as well as performance differences among them.