The gross financial assets of Bulgarian households in 2022 reached 123 billion euros. The sum per capita is 14,510 euros. According to the Allianz Global Wealth Report, Bulgaria ranks 35th in the world according to this indicator. The country climbed one place compared to the previous year. In 2002, when the research was done for the first time, Bulgaria held 43rd place.
The survey takes into consideration money on deposit, securities and participation in pension and insurance funds. In Bulgaria, bank deposits reach 100 billion euros. Their annual growth is 10%. Money in pension and insurance funds shrank by 3%, while the decline in shares and securities was 0.1%. The report also tracks household debts. While in 2021 they rose by 10.8%, in 2022 the growth is already 11.1%.
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
Partly Cloudy
Cloudy
Mostly Cloudy