People in Serbia save 5,210 dinars (45 euro) on average monthly

In 2020, people in Serbia saved an average of 5,210 dinars per month (45 euro), while 25% of them save less than 2,000 dinars, according to a study presented today by Erste Group which has been conducted by IMAS International.

A survey on savings in Serbia in 2020 showed that 47% of people in Serbia believe that their financial situation has remained the same over the past two or three years, while 25% say it has deteriorated.

According to the research, 36% of Serbian citizens think that saving is a very important thing, while 15% of the total number of respondents use life insurance to save and 44% do not save at all.

The results of the research also showed that 35% of citizens are not satisfied with the amount of their savings and 28% have saved or invested 28% less than in the previous two or three years.

Of those who saved less, 35% cited lower household income and less money as the reason, while other reasons include an increase in the cost of living and the consequences of the coronavirus pandemic.

Discover the most important foreign investments in Serbia in 2019: click here!

This research, based on people’s attitudes, behaviours, motivations and strategies regarding savings and investment has shown that having financial reserves for unexpected expenses is the reason for saving in 75% of cases while securing good pensions and old age come second with 18%.

According to the data, 26% of the survey respondents think they are not informed enough about financial topics and banking products, and 55% are more confident in banks when it comes to managing their finances.

When it comes to online shopping, a large number of people have used it to shop mainly for clothes, tourist arrangements, books and electronics.

(Politika, 28.10.2020)


This post is also available in: Italiano

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