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Bulgarian Households’ Wealth During the 2000-2020 Period

Author

Listed:
  • Petar Peshev

    (University of National and World Economy, Bulgaria)

Abstract

In this conference paper revealed are the results of a study of households’ wealth conducted under the University Research Project No. NID NI-16/2020. The net wealth of households at the end of 2020 amounted to EUR 382 billion euros, resp. EUR 92.2 thousand per adult or EUR 55.2 thousand per capita. Similar to the data for the EU and high-income countries, the distribution of wealth is extremely unevenly distributed. The bottom half of the population owns on average below 5% of the overall private net wealth in the country, while the richest decile owns above 67% of the net wealth.

Suggested Citation

  • Petar Peshev, 2022. "Bulgarian Households’ Wealth During the 2000-2020 Period," Scientific Conference of the Department of General Economic Theory, University of Economics - Varna, issue 1, pages 205-211.
    • Handle: RePEc:vrn:oitcon:y:2022:i:1:p:205-211
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    File URL: https://conference.ue-varna.bg/oit2022/assets/Sbornik_dokladi_OIT_2022.pdf
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    More about this item

    Keywords

    GINI; Inequality; Wealth; Wealth concentration; Wealth distribution;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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