In this note, we review the main international and Italian surveys capturing financial literacy across different targets: young people, adults and micro-entrepreneurs. We provide an in-depth analysis of how way financial literacy is defined and measured. We also report all the information gathered in each survey, including those on digital skills, which are increasingly important in a rapidly changing financial landscape driven by digital technology.
This study shows that surveys use different definitions and measures for financial literacy, focusing on general or specific skills, such as risk literacy and digital financial skills. The result is a great wealth of useful information to answer various research questions on financial skills and and how they are linked to other economic and financial outcomes such as the level of resilience to possible economic and financial shocks.
