Bulgarians create 9.46 euros of the country's GDP for one hour of work, the National Statistical Institute has announced. In the first quarter of 2020, the GDP per employee has increased by 2.5% on an annual basis to 3,848 euros. The number of employees in the country is 3.398 million, and the hours worked in the first quarter are 1.38 billion.
The share of employees in services sector is growing and their productivity is approaching that of those employed in the industry. Labor efficiency is highest in the industrial sector but this sector also needs greater investment in machinery and equipment to increase productivity.
The lowest productivity is in agriculture, where 1.58 euros of the GDP are created per 1 hour of work.
The celebration of the 139th anniversary of the Unification of the Principality of Bulgaria and Eastern Rumelia ended with a fireworks ceremony in Plovdiv. "Today, we pay tribute to a remarkable generation of enlightening historical..
Friends and music fans will once again honor the memory of the renowned pop and rock singer and composer Georgi Minchev, who passed away 23 years ago. The Rock and Blues Festival ''Flower for Gosho'' will take place today and tomorrow at the..
Jockeys and horses from different Bulgarian regions will compete in horse races near the town of Isperih (Northeastern Bulgaria). There will also be competitions on the old city stadium. Later, there will be a wrestling competition with the..
From today until September 15, Sofia's Vitosha boulevard and the park in front of the National Palace of Culture are transformed into a huge open-air..
The two wings of the Movement for Rights and Freedoms party, which intend to participate in the early parliamentary elections on October 27 in coalitions,..
Over a hundred participants in the voluntary teams of the Bulgarian Red Cross for disaster and crisis action, as well as representatives of the..
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