Bulgarians Favor Savings Over Investment: Only 5% of Assets in Financial Markets
Bulgarians allocate a significant portion of their savings to deposits, with 73% of their assets held in this form
In August, approximately 190,000 Bulgarians vacationed in Greece, making it the most popular travel destination for Bulgarians. This represents a 54% increase in tourist traffic compared to the same month last year.
Following Greece, Turkey remains the second most preferred destination, attracting 107,800 Bulgarian tourists in August, a 30% rise from the previous year, according to the National Statistical Institute.
Overall, the number of tourist trips taken by Bulgarians in August saw an increase of 28%, totaling 473,200 travelers.
Additionally, Bulgaria welcomed around 1.113 million foreign tourists during the same month, reflecting a 6.2% increase from last year. The highest numbers of visitors came from Romania, totaling 304,000, followed by 131,000 Ukrainians and 70,200 Germans.
Bulgaria is expecting a boost in winter tourism this year, with about 3.1 million foreign visitors projected between December and March
Bulgaria is expecting a 5% increase in tourist arrivals this winter season, according to acting Minister of Tourism Evtim Miloshev
Tourist interest in Christmas and New Year holiday packages is exceptionally high this year
The heavy snowfall in recent days has created ideal conditions for an early start to the winter season in Bansko
In October, Bulgarians predominantly traveled to neighboring Turkey and Greece, while the largest groups of foreign visitors to Bulgaria came from Romania and Turkey
Airfares around the world are expected to rise in 2025, with ticket prices reflecting both higher operational costs and ongoing supply chain disruptions
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