Financial Literacy and Financial Services Survey 2011

Bosnia and Herzegovina, 2011

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Reference ID

WBG_BIH_2011_FLFS_v01_M

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May 19, 2021

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May 19, 2021

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P27. Let’s assume that you took a bank loan of 10,000 KM to be paid back during a (P27)

Data file: World_Bank_BIH_FinLit_Survey

Overview

Valid: 1036

Invalid: 0

Type: Discrete

Decimal: 0

Start: 216

End: 216

Width: 1

Range: 1 - 9

Format: Numeric

Questions and instructions

Literal question

Let's assume that you took a bank loan of 10,000 KM to be paid back during a year in equal monthly payments. In the course of the year, you will pay back a total of 600 KM in interest. Give a rough estimate of the annual price of your credit.

Categories

Value	Category	Cases
1	3%	36	3.5%
2	2.6%	91	8.8%
3	6%	659	63.6%
4	11%	53	5.1%
9	Don’t know	197	19%

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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