In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute. Compared to 2023, this marks an increase of 13.9%, with the public sector seeing an increase of 14.8% and the private sector an increase of 13.5%.
In the public sector, the highest average gross annual salary is in the "Financial and Insurance Activities" sector (65,191 BGN/EUR 33,331.64/, while in the private sector, it is in the "Creation and Distribution of Information and Creative Products; Telecommunications" sector (64,257 BGN/ EUR 32,854.09/.
The lack of sufficient manpower and strong private consumption are the main reasons for inflation, according to the second "Economic Review" of the Bulgarian National Bank (BNB) for the year. Annual inflation is 2.9%, increasing by 2.1% by May 2025..
After months of low inflation and even temporary deflation in April this year, according to official national statistics, the trend abruptly reversed. On July 15, literally days after Bulgaria received a green light from Brussels for..
Bulgaria's entry into the eurozone on January 1, 2026 will not make vacations more expensive. This is what Rumen Draganov, director of the Institute for Analysis and Forecasts in Tourism told the Bulgarian National Radio. The prices..
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