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

Georg Georgiev

The accusations by North Macedonia’s premier are crisis PR, says Foreign Minister Georg Georgiev

Bulgaria is a factor in the EU and the region that North Macedonia must take into account, Minister of Foreign Affairs Georg Georgiev said in an interview with bTV regarding the report of the European Parliament from which references to “Macedonian..

published on 7/10/25 11:41 AM

Bulgaria, Hungary, Poland, Slovakia and Romania express common position on agricultural imports into the EU

The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of the  amended trade agreement between the EU and Ukraine, the Bulgarian Ministry of Agriculture..

published on 7/10/25 11:14 AM

Bulgarian firefighters help extinguish a fire in North Macedonia

Bulgaria reacted swiftly to a forest fire near the town of Kriva Palanka, North Macedonia, which is located near the Bulgarian -North Macedonian border. The fire, which broke out on Wednesday afternoon, spread rapidly and threatened the town itself,..

published on 7/10/25 9:05 AM