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The Global Credit Literacy Index
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Country profile · Edition 1

🇧🇷Brazil

Latin America

Score

71.7

Rank

17 of 46

Overview

Brazil ranks 17th of 46 economies, with a score of 71.7 out of 100. It is 1st of 6 ranked economies in Latin America.

Strongest: Innovation, Consumer protection, Financial education and Public awareness (100). Weakest: Credit literacy (35); Credit access (47).

Dimension scores

Credit literacyCredit accessFinancial inclusionDigital bankingInnovationConsumer protectionGovernment supportFinancial educationYouth educationPublic awareness0255075100
Credit literacy35.0
Credit access46.9
Financial inclusion72.3
Digital banking77.4
Innovation100.0
Consumer protection100.0
Government support87.5
Financial education100.0
Youth education66.7
Public awareness100.0

Dimensions with no score are left out of the overall score, never counted as zero.

Not yet measured: Reporting transparency, Alternative infrastructure.

Survey indicators

35%35% of adults answered at least 3 of 4 financial concepts correctly (S&P Global FinLit, 2014)
81.4%81% of credit card users pay their balance in full (Findex, 2024)
46.9%47% of adults borrowed from a formal institution or via mobile money in the past year (Findex, 2024)
86.4%86% of adults have an account (Findex, 2024)
58.2%58% could raise emergency funds within 30 days without great difficulty (Findex, 2024)
77.4%77% of adults made or received a digital payment (Findex, 2024)
41615-year-olds scored 416 on PISA 2022 financial literacy (OECD average 498)

Youth education policy: nationwide

Financial education is part of the mandatory school curriculum nationwide. A standalone course or graduation requirement applies in some regions. Young people are mentioned in the national strategy but not as a priority, or the strategy has expired.

Policy dimensions record whether a policy exists, not how well it works.