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

Burgas hosts the world competition Sauvignon Selection by CMB

Burgas will host the 16th edition of Sauvignon Selection , a major segment of the Concours Mondial de Bruxelles and one of the most prestigious independent wine competitions in the world. Over 1,000 Sauvignon Blanc wines from all over the world will..

published on 4/12/25 8:15 AM

The tenth anniversary edition of Tarnovo Ultra begins

A record number of participants from Bulgaria and abroad are expected to take part in the tenth anniversary edition of the Tarnovo Ultra Bike and Trail  in Veliko Tarnovo, announced the organizers from the sports club “Brown Team”. The..

published on 4/12/25 6:25 AM

Participants from five continents to take part at the Sara-Nora Prima ballet competition in Burgas

Participants from North America, South America, Europe, Asia and Africa have registered for the Sara-Nora Prima international ballet competition and the academy, which will take place simultaneously in Burgas. "The mission of the competition is..

published on 4/12/25 6:10 AM