Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Investments from the USA in Bulgaria are higher than official figures

Photo: Archive

Investments from the USA and Canada in Bulgaria are larger in size and effect than official statistics report. This is indicated by the second study of the Institute for Market Economy in the last 5 years. 

For a number of reasons, many global companies from the US and Canada are based in a European country. Thus, the statistics take into account these investments as originating in the respective European country. Accounting for these circumstances, investment from the US and Canada is likely to rank 6th by volume, being 16th in 2021 and 13th in 2016.


As of 2021, investments from the USA have a share of 1.7%. according to the Bulgarian National Bank. But when taking into account the real property of the investors, the share increases three times. The trend is the same with investments from Canada.

From 2016 to 2021, US companies with business activities in Bulgaria grew by 31%, their revenues grew by 52%, and their employees by 43%. 

The growth of foreign direct investments is over 23%, or over 500 million dollars. 

Nearly 41,000 people are employed by US companies, as their average salary is more than twice the national average wage.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Lukoil Neftochim in Burgas

FT: Russian oil company Lukoil plans to sell its Bulgarian refinery to Qatari-British consortium

The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times .  The deal is expected to be announced by the end of..

published on 11/6/24 11:55 AM

Bulgaria and Argentina take new steps in their trade cooperation

Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..

published on 11/5/24 11:49 AM
Dobrin Ivanov

Employers want the Supreme Administrative Court to freeze the minimum wage

Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...

published on 11/5/24 11:41 AM