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The Global Credit Literacy Index
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Country profile · Edition 1

🇦🇪United Arab Emirates

Middle East

Score

63.7

Rank

Provisional

Overview

United Arab Emirates scores 63.7 out of 100 (provisional): 8 of 10 dimensions could be verified, so it is shown but not ranked.

Strongest: Innovation (100); Government support (88). Weakest: Credit access (24); Credit literacy (38).

Dimension scores

Credit literacyCredit accessFinancial inclusionDigital bankingInnovationConsumer protectionGovernment supportFinancial educationYouth educationPublic awareness0255075100––
Credit literacy38.0
Credit access23.9
Financial inclusion72.3
Digital banking76.6
Innovation100.0
Consumer protection83.3
Government support87.5
Financial educationNo score

This dimension needs both of its policy items verified from a public source. For United Arab Emirates, no public source could be found for: Public financial education body.

Youth education50.0
Public awarenessNo score

This dimension needs both of its policy items verified from a public source. For United Arab Emirates, no public source could be found for: National financial literacy month / week.

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

Shown but not ranked: 8 of 10 dimensions could be scored; a rank needs 9.

Not yet measured: Reporting transparency, Alternative infrastructure.

Survey indicators

38%38% of adults answered at least 3 of 4 financial concepts correctly (S&P Global FinLit, 2014)
68.5%68% of credit card users pay their balance in full (Findex, 2021)
23.9%24% of adults borrowed from a formal institution or via mobile money in the past year (Findex, 2021)
85.7%86% of adults have an account (Findex, 2021)
58.9%59% could raise emergency funds within 30 days without great difficulty (Findex, 2021)
76.6%77% of adults made or received a digital payment (Findex, 2021)
44115-year-olds scored 441 on PISA 2022 financial literacy (OECD average 498)

Youth education policy: partial

Financial education is in the school curriculum only in some regions, or as an optional or pilot subject. There is no standalone course or graduation requirement. The national financial education strategy names young people or schools as a priority.

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