Measurement and Evaluation


The Financial Education Measurement and Evaluation (FEME) Framework is designed to provide a structured outcome-based framework to measure and evaluate the impact of the financial education initiatives conducted by FEN on individuals and their financial well-being. It provides a detailed, step-by-step guide on what needs to be done, why it is important, and how to execute it.


OECD/INFE 2023 International Survey of Adult Financial Literacy

Understanding current levels of financial literacy and needs is key for the effective development of financial literacy strategies and programmes. This report presents the results of an international survey of financial literacy levels among adults. A total of 39 countries and economies, of which 20 are OECD member countries, participated in this third coordinated measurement exercise using the globally recognized OECD/INFE 2022 Toolkit for Measuring Financial Literacy and Financial Inclusion to measure financial literacy levels among their adult populations. Results provide information about financial literacy levels and cover aspects of financial knowledge, financial behaviour and financial attitudes. In addition, the report provides information on financial inclusion, digital financial literacy levels and levels of financial well-being among adults in the participating countries and economies.


The Financial Capability and Inclusion Demand Side Survey 2021

The Financial Capability and Inclusion Demand Side (FCI) Survey is a triennial1 cross-sectional survey commissioned by the Bank. It assesses the level of financial capability of Malaysians based on measures of financial knowledge, behaviour and attitude which are used to construct a composite Malaysia Financial Literacy and Capability (MYFLIC) Index.

The most recent survey was conducted in 4Q 2021, capturing the effects of the COVID-19 pandemic which provide additional insights on the financial state of Malaysian households and factors influencing the levels of financial capability as the country begins to recover from the impact of the pandemic.