Translation. Region: Russian Federation –
Source: Central Bank of Russia
An important disclaimer is at the bottom of this article.
For the first time in the project's history, the number of children and adults who took the test was equal. This year, the Bank of Russia placed special emphasis on interactions with employers. Employees from over 300 companies across the country participated in the assessment.
Adults performed best on the topics "Starting Investing," "Saving for a Financial Goal," and "Borrowing"—over 70% of participants answered these questions correctly. The most challenging questions were those about starting a business and saving for retirement.
Middle and high school students performed most confidently on tasks related to combating financial fraud and digital security. They found questions on investing, insurance, and banking more challenging. Furthermore, 38,000 students also participated in the Olympiad competition during the test to qualify for the All-Russian School Olympiad "Higher Standard" held by HSE University in the Financial Literacy category. 2,500 students reached the finals. The winners will receive preferential treatment when applying to universities. Last year, 17 of these students made it to the finals.
Over 100,000 family teams participated in the competition, with nearly two-thirds of them completing the assessment. The number of participants who successfully completed individual assignments is also growing: 75% of participants passed this year, compared to 70% last year. Ryazan Oblast retained its top five financial literacy regions for the second year running. Other leaders include Yaroslavl and Astrakhan Oblasts, the Chuvash Republic, and the Republic of Buryatia. All participants received recommendations on areas where they made mistakes.
The Bank of Russia will use the results of the assessment to identify problem areas and regions and make decisions to help alleviate these bottlenecks. Information on the next assessment will be published onproject website.
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