Slovenians are very conservative when it comes to taking financial risks, most often opting to save money in the form of bank deposits or cash, show fresh statistics released on World Savings Day.

At the end of June, Slovenian households had €75.8 billion in financial assets, up €4.1 billion annually, of which bank deposits accounted for €29 billion, an increase of €1.4 billion on the year before.

Households' liabilities increased as well, but at a significantly slower rate. They rose by only €685 million to reach €16.8 billion.

The surplus of financial assets over debt thus widened by €3.4 billion to €59 billion.

Slovenia's gross saving rate - the share of disposable income households save - reached 14% in 2022, the fifth highest in the EU and exceeding the EU average of 12.6%, according to Eurostat data.

Disposable income usually determines how much households manage to save. In 2022, it rose by 9.8% nominally, significantly faster then the 7.2% EU average.

However, consumption expenditure was also higher than in the EU, reaching 14%, or 2 percentage points above the EU average.