Bulgarian Households’ Wealth During the 2000-2020 Period

Petar Peshev
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Petar Peshev: University of National and World Economy, Bulgaria

Scientific Conference of the Department of General Economic Theory, 2022, issue 1, 205-211

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.

Keywords: GINI; Inequality; Wealth; Wealth concentration; Wealth distribution (search for similar items in EconPapers)
JEL-codes: D31 D63 E01 G51 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vrn:oitcon:y:2022:i:1:p:205-211

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