# 17 Hong Kong

The financial literacy of Hong Kongers has made them good fund managers. They have inculcated the sense of proper money management and accumulate funds which would aid to survive economic down turn.

# 18 Saudi Arabia

Saudi Arabia has an oil-based economy, with about one-fifth of the world's proven petroleum reserves; it ranks as the largest exporter of petroleum. Though it a rich nation but the level of financial literacy Saudis is quite low.

# 19 Russia

Russian Adults share quality time with their kids educating them about various sphere of finance. But still majority of the Russian are not confident about the young crowd, having money related knowledge.

# 20 Siberia

Siberians believe youngsters should attain financial basic knowledge after they cross the age of 12 years. Hence this delay in imparting financial education to young adults has made more than 75 percent of Siberian unconfident about these kids having the right knowledge about economics.

# 21 Ukraine

Ukraine has well established heavy-industry base and is one of the largest refiners of metallurgical products in Eastern Europe. It’s has seen population reducing since the 1980s, as the death rate roars high and birth rate remain low. The population shrinks by over 150,000 a year.

# 22 Columbia

 In Columbia growth has been impressive, reaching 8.2 percent in 2007, one of the highest rates of growth in Latin America. Among all the 28 countries, Columbians ranks 7th is maintaining and following house hold budget.