Financial Literacy Survey 2009

Azerbaijan, 2009

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Reference ID

AZE_2009_FLS_v01_M

Producer(s)

Azerbaijan Micro-finance Association (AMFA)

Collection(s)

Fragility, Conflict and Violence

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Created on

May 17, 2012

Last modified

Sep 26, 2013

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q.23 Let’s assume that you deposited 1000 manats in a bank account for 5 years a (q_23)

Data file: Azerbaijan_financialLiteracy

Overview

Valid: 1207

Invalid: 0

Type: Discrete

Decimal: 0

Start: 565

End: 576

Width: 12

Range: 1 - 4

Format: Numeric

Questions and instructions

Literal question

Let's assume that you deposited 1000 manats in a bank account for 5 years at 10% interest rate. The interest will be earned at the end of each year and will be added to the principal. How much money will you have in your account in 5 years if you do not withdraw either the principal or the interest?

Categories

Value	Category	Cases
1	More than 1500 manats	558	46.2%
2	Exactly 1500 manats	262	21.7%
3	Less than 1500 manats	106	8.8%
4	I cannot come up with even a rough number	281	23.3%

Warning: these figures indicate the number of cases found in the data file. They cannot be interpreted as summary statistics of the population of interest.

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