According to Eurostat data, in 2024 Bulgaria and Estonia ranked second to last in the EU in terms of actual individual consumption (AIC) per capita. This important indicator of household material well-being is lowest in Hungary, at 72% of the EU average. In Bulgaria and Estonia, the indicator stood at 74%, whereas in Luxembourg it reached 141% of the EU average.
The National Statistical Institute defines PPC as the goods and services actually consumed by households, regardless of whether they are purchased and paid for directly by households, the government, or non-profit organisations.
However, Bulgaria remains last in terms of GDP per capita, a key indicator of economic activity, at 66% of the EU average, according to Eurostat.
"Nearly a quarter of Bulgaria's economy is in the grey sector – around 23-24%. On the other hand, there is not enough money for pensions, for young people, for mothers, for the second year of maternity. How can the funds be obtained..
Bulgarian students won four medals at the International Olympiad on Astronomy and Astrophysics (IOAA), which was held in India, the Ministry of Education has reported. The team returned home with three gold and one silver medal, as..
More than 936,000 pensioners in Bulgaria receive minimal pensions. According to the statistics of the National Social Insurance Institute, over half a million of them get the minimum pension for length of service and age, which last..
The 32nd National Festival of Karakachans is taking place in the "Karandila" area near the city of Sliven on August 23. The event is..
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