OECD/INFE Survey of Adult Financial Literacy Competencies in Germany 2016

The survey collects relevant information about respondents’ financial literacy, financial inclusion and socio-demographics. Of particular interest are the financial knowledge, financial behaviour and financial attitudes as well as awareness and holding of financial products of adults in Germany. The questionnaire consists of 40 questions and covers e.g. topics such as keeping track of finances, making-ends-meet and longer-term financial planning. Furthermore, numeracy skills within a financial context and basic knowledge of financial concepts (e.g. time-value of money, compound interest or diversification) are tested.
The survey is coordinated by the OECD International Network on Financial Education (INFE) and was developed to provide internationally comparable data on financial literacy and financial inclusion. The second wave was carried out in 2016, and in total 1001 telephone interviews were conducted via random digit dialling by the Deutsche Bundesbank in cooperation with the market research institute GfK. The anonymized micro data is available as a Scientific Use File.