Country profile · Edition 1

🇮🇹Italy

Europe

Score

77.2

Rank

9 of 46

Overview

Italy ranks 9th of 46 economies, with a score of 77.2 out of 100. It is 5th of 14 ranked economies in Europe.

Strongest: Innovation, Consumer protection, Government support, Financial education and Public awareness (100). Weakest: Credit literacy (37); Youth education (50).

Dimension scores

Credit literacy37.0

Credit access55.0

Financial inclusion82.1

Digital banking95.8

Innovation100.0

Consumer protection100.0

Government support100.0

Financial education100.0

Youth education50.0

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

37%37% of adults answered at least 3 of 4 financial concepts correctly (S&P Global FinLit, 2014)

91.4%91% of credit card users pay their balance in full (Findex, 2021)

55%55% of adults borrowed from a formal institution or via mobile money in the past year (Findex, 2021)

86%86% of adults have an account (Findex, 2024)

78.2%78% could raise emergency funds within 30 days without great difficulty (Findex, 2021)

95.8%96% of adults made or received a digital payment (Findex, 2021)

48415-year-olds scored 484 on PISA 2022 financial literacy (OECD average 498)

Youth education policy: nationwide

Financial education is part of the mandatory school curriculum nationwide. There is no standalone course or graduation requirement. 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.