There was a slight cheer for the progress of financial wellbeing or financial literacy in the Asia-Pacific markets, as MasterCard found that its literacy score went up by one point, coming in at 64. Conversely, developed economies and countries showed unchanged scores.
Emerging markets have shown the most impact from global volatility, as Vietnam had a 58 reading, down from 65 last year. Myanmar is, similarly, at 60, down roughly half a dozen points. The Philippines were at 62, down four points.