Finance Your Budget Are you financially literate? Take the test

Are you financially literate? Take the test

How did you score? Photo: Getty
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A new survey has revealed big gaps in financial knowledge across the globe.

China and Hong Kong took out top spot in the newly-released OECD knowledge quiz. Their citizens scored an average of 5.8 out of 7, followed by South Korea (5.4), Estonia (5.3) and Finland and Norway (tied on 5.2).

The worst performers were the British Virgin Islands and Malaysia (3.6), Belarus (3.8), Thailand (3.9), Russia (4.1) and Albania and the UK (4.2).

Unfortunately, no Australians were among the 50,000 people quizzed, so we don’t feature in the rankings. Our close neighbour New Zealand scored a respectable 5.

To fix this, The New Daily has pulled out the questions asked in the report, so you can put yourself to the test.

Try the OECD quiz below:

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