Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarians save up but do not keep their money in banks: OECD report

Photo: Radio Vidin

77.6% of Bulgarians say they are saving up, 62% keep their money at home and do not trust banks.

12.3% of Bulgarians are financially literate, indicates a report by the Organisation for Economic Cooperation and Development on “Financial Literacy of Adults in South East Europe”. Bulgaria is the country with the highest percentage of young people with financial knowledge higher than that of adults. The survey in Bulgaria, Croatia, North Macedonia, Moldova, Montenegro and Romania shows a low level of confidence in pensioning systems – 25%. In Bulgaria, 39% of respondents say they do not trust the pensioning system. One-third of adults are satisfied with their financial position, 41% are not. A little under 60% say they are finding it difficult to pay their day-to-day expenses, and that money controls their lives. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria sends North Macedonia a draft agreement for a railway tunnel connecting the two countries

The Bulgarian government has sent the Republic of North Macedonia a draft agreement for the preparation, construction and operation of a cross-border railway tunnel connecting the two countries.   The Bulgarian state's proposal is that the two..

published on 1/14/25 2:38 PM

A free retro tram takes residents and visitors of Sofia on a tour around the city center

The Sofia Public Electrical Transport Company and the Tourism Municipal Enterprise (Visit Sofia) are organizing a free ride on a retro tram on the occasion of the 124th anniversary of the launch of the first tram in Sofia on January 14, 1901...

published on 1/14/25 1:37 PM
Rosen Zhelyazkov

Negotiations for forming a regular cabinet continue

It depends on the course of the talks with the Alliance for Rights and Freedoms (APS) whether a folder with names for forming a government will be submitted tomorrow. Speaking to the media, Rosen Zhelyazkov from GERB-SDF pointed out that nothing has been..

published on 1/14/25 12:18 PM