Most Russians have an average level of digital financial literacy

Most Russians have an average level of digital financial literacy

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More than two-thirds of Russians (70%) demonstrate an average level of digital financial literacy, showed study analytical center NAFI. High level in 17% of the population. The portrait of the most digitally financially savvy is a man over 45 with more than three family members and living in a small town. 13% of Russians have a low level of digital financial literacy.

NAFI has been measuring the level of financial literacy of Russians for a long time, but this year the digital financial literacy index is presented for the first time. It reflects how people in the country are oriented in digital financial products, monitor security and are aware of the risks of digital fraud. This indicator is measured in points, and in 2022 it was 5.63 points out of 10 possible.

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