Financial literacy index in Indonesia 2013-2022
In 2022, Indonesia's financial literacy index was around 49.7 percent. Although the index has been increasing since 2013, the national financial literacy index was still considerably low and indicates that there was still a substantial portion of the population who does not understand financial service providers, their products, features, advantages, and risks, which hinders the development of Open Finances. This index consists of a survey to assess the level of knowledge, skills, confidence, attitudes, and behavior related to financial services and products.
