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 calls for the construction of a bridge over the Danube at Silistra–Călărași

''Only two bridges connect Bulgaria and Romania along our 475-kilometer shared river border – this is a transport shortfall and a new 'Iron Curtain' within the European Union'', said Bulgaria’s Deputy Premier and Minister of Transport and..

published on 10/17/25 9:05 AM

Cloudy weather, rainfall expected in Bulgaria on Friday

On Friday, the minimum temperatures in Bulgaria will be from 6 to 11°C, in Sofia – 7°C.  During the day, it will be cloudy over most of the country. In the afternoon, rain will begin in Western Bulgaria, in the mountains above 2,000 meters - snow, and..

published on 10/16/25 7:25 PM

South Africa introduces visa-free regime for Bulgarians for stays of up to 90 days

The government of South Africa is introducing a visa-free regime for Bulgarian citizens holding ordinary passports for stays of up to 90 days , the Embassy of Bulgaria in Pretoria announced on its Facebook page. “We express our gratitude to the..

published on 10/16/25 4:16 PM