Digital Literacy and Its Role in Enhancing Financial Access for Sustainable Economic Growth

The current study aims to find the impact of digital literacy on financial inclusion and its potential use in sustainable economic growth, especially within emerging economies. A systematic review of papers from 2004 to 2024 was conducted through Google Scholar, Taylor & Francis, MDPI, and Wiley Online Library, using the keywords "digital literacy," "financial access," "financial inclusion," and "sustainable economic growth." Twenty-six papers were selected for relevance, while others were excluded for failing to fit the study. Digital financial literacy is needed to use digital financial services effectively, thus facilitating financial inclusion and proper financial decision-making. It further affects poverty reduction, entrepreneurial activities, and social stability in developing regions. This research uniquely integrates understanding from these extant papers on digital literacy and financial access, concentrating on their role in promoting sustainable economic growth. This piece of work is important for the significance of digital financial literacy in enhancing financial inclusion for sustainable economic growth as presented in this single paper. The study only focuses on digital literacy for financial access and sustainable economic growth. Future studies might explore how digital literacy impacts economic well-being in underdeveloped regions and other spheres of digital literacy, which may also focus on the accessibility of infrastructure and tailored financial services in rural areas. Enhancing digital financial literacy is essential for better financial inclusion, empowering individuals to make informed decisions, access digital services, and support sustainable economic growth, especially in underserved regions.