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%.
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..
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