Table 4 Financial security, material security and subjective financial well-being across 22 countries

From: Analysis of demographic variation and childhood correlates of financial well-being across 22 countries

Rank

Financial security

Material security

Subjective financial well-being

Country

Mean

95% CI

S.d.

Gini

Country

Mean

95% CI

S.d.

Gini

Country

Proportion

95% CI

S.e.

1.

Sweden

7.23

(7.17–7.28)

2.79

0.21

Sweden

7.50

(7.45–7.55)

2.57

0.18

Sweden

0.95

(0.94–0.95)

0.002

2.

Israel

7.16

(6.97–7.34)

2.49

0.19

Poland

7.33

(7.19–7.47)

2.38

0.18

Australia

0.84

(0.82–0.85)

0.008

3.

Poland

6.98

(6.84–7.12)

2.37

0.19

Australia

7.28

(7.16–7.40)

2.77

0.21

Hong Kong

0.82

(0.80–0.84)

0.010

4.

Hong Kong

6.79

(6.66–6.92)

2.68

0.22

Israel

7.24

(7.04–7.44)

2.53

0.19

United States

0.81

(0.80–0.82)

0.006

5.

Australia

6.69

(6.56–6.81)

2.99

0.25

United States

7.02

(6.94–7.10)

2.93

0.23

Indonesia

0.80

(0.78–0.81)

0.007

6.

United States

6.49

(6.41–6.57)

3.10

0.27

Hong Kong

6.93

(6.82–7.05)

2.38

0.19

Poland

0.79

(0.77–0.81)

0.011

7.

Germany

6.23

(6.16–6.31)

2.96

0.27

Germany

6.79

(6.72–6.87)

2.78

0.23

Germany

0.79

(0.78–0.80)

0.005

8.

Indonesia

6.08

(5.96–6.20)

3.39

0.31

United Kingdom

6.60

(6.49–6.71)

2.85

0.24

Japan

0.79

(0.78–0.79)

0.003

9.

United Kingdom

6.07

(5.96–6.19)

3.03

0.28

Indonesia

6.47

(6.34–6.59)

3.44

0.29

United Kingdom

0.77

(0.76–0.79)

0.008

10.

Tanzania

5.67

(5.52–5.81)

3.71

0.37

Egypt

6.22

(6.08–6.36)

3.43

0.31

Israel

0.75

(0.73–0.78)

0.013

11.

Japan

5.55

(5.50–5.60)

2.97

0.30

Philippines

6.01

(5.89–6.13)

3.27

0.31

Spain

0.63

(0.62–0.65)

0.008

12.

Philippines

5.38

(5.26–5.49)

3.30

0.35

Japan

5.86

(5.82–5.90)

2.66

0.26

Brazil

0.61

(0.60–0.62)

0.006

13.

Egypt

5.26

(5.13–5.40)

3.44

0.37

Tanzania

5.85

(5.70–6.00)

3.73

0.36

Egypt

0.58

(0.56–0.60)

0.010

14.

South Africa

5.22

(5.04–5.39)

3.25

0.36

South Africa

5.55

(5.37–5.72)

3.41

0.35

Türkiye

0.52

(0.49–0.55)

0.016

15.

Nigeria

5.00

(4.88–5.11)

3.15

0.36

Türkiye

5.28

(5.05–5.52)

3.60

0.39

India

0.50

(0.49–0.52)

0.007

16.

Mexico

4.88

(4.76–5.00)

3.65

0.42

Nigeria

5.24

(5.12–5.35)

3.20

0.35

Mexico

0.50

(0.48–0.52)

0.009

17.

Kenya

4.76

(4.65–4.87)

3.80

0.45

Spain

4.98

(4.88–5.09)

3.27

0.37

Tanzania

0.50

(0.48–0.52)

0.011

18.

Spain

4.70

(4.59–4.80)

3.25

0.40

Kenya

4.94

(4.81–5.06)

3.84

0.44

South Africa

0.49

(0.47–0.52)

0.013

19.

Türkiye

4.65

(4.43–4.87)

3.54

0.43

Mexico

4.83

(4.71–4.96)

3.78

0.44

Philippines

0.49

(0.47–0.50)

0.009

20.

India

4.11

(4.00–4.22)

4.08

0.55

India

3.98

(3.87–4.10)

4.13

0.56

Argentina

0.48

(0.47–0.50)

0.009

21.

Brazil

4.02

(3.94–4.11)

3.78

0.52

Brazil

3.91

(3.83–4.00)

3.88

0.55

Nigeria

0.39

(0.37–0.41)

0.011

22.

Argentina

3.95

(3.83–4.08)

3.66

0.52

Argentina

3.79

(3.66–3.91)

3.73

0.55

Kenya

0.26

(0.25–0.28)

0.007

  1. N = 202,898. Countries are ordered by means of financial security. CI, confidence interval; s.d., standard deviation; s.e., standard error. The combination of small s.e. and rounding can lead to nonsymmetric CIs for some countries. Income quintiles are omitted from this table. FS and MS are measured on a 0–10 scale, ranging from 0 = worry all of the time to 10 = do not ever worry. SFWB is defined as 0 = finding household’s income these days difficult or very difficult and 1 = living comfortably or getting by on present income.
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