These results are consistent with the Philippines' showing in similar international financial literacy surveys. The World Bank found that only 25.0 percent of adult Filipinos are knowledgeable on basic financial concepts. In a global study by Standard & Poor's [S&P Global Ratings], the Philippines scored in the bottom 30 of 144 countries surveyed on financial literacy.
Financial Health through Financial Education These knowledge gaps show that for many Filipinos, financial health is still a work in progress. The BSP is committed to upholding the financial health of every Filipino as best embodied in this year's Expo theme: "Owning the Future: Rebuilding and Strengthening Financial Health through Financial Literacy."