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Financial literacy rate for pension funds in Indonesia in 2019 and 2022

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Source

Release date

November 2022

Region

Indonesia

Survey time period

2019 and 2022

Number of respondents

14,634 respondents

Method of interview

Computer-assisted personal interviews (CAPI)

Supplementary notes

Financial literacy is defined as the knowledge, skill, confidence, attitude, and behavior of an individual to increase the quality of decision-making and financial management for their welfare.

Citation formats

Financial literacy on pension funds Indonesia 2019-2022

Published by K. Scholle, Oct 30, 2023
In 2022, the literacy rate on pension funds among Indonesians reached around percent, showing a significant increase compared to 2019. In the same year, Indonesia's overall financial literacy index was about **** percent. This indicated that the literacy rate for pension funds still falls far below the overall financial literacy level of the Indonesian population.
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