Labour Costs in Bulgaria decreased to 122.40 points in the third quarter of 2020 from 137.47 points in the second quarter of 2020. source: European Central Bank

Labour Costs in Bulgaria averaged 69.71 points from 1995 until 2020, reaching an all time high of 141.63 points in the first quarter of 2020 and a record low of 1.26 points in the first quarter of 1996. This page provides - Bulgaria Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Labour Costs - values, historical data and charts - was last updated on March of 2021.

Labour Costs in Bulgaria is expected to be 144.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Bulgaria to stand at 134.78 in 12 months time. In the long-term, the Bulgaria Labour Costs is projected to trend around 137.08 points in 2021 and 138.70 points in 2022, according to our econometric models.

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Bulgaria Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
122.40 137.47 141.63 1.26 1995 - 2020 points Quarterly
2010=100, NSA

Bulgaria Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.00 6.70 19.27 4.68 percent [+]
Employed Persons 3126.90 3173.20 3417.30 2628.18 Thousand [+]
Unemployed Persons 229.75 220.29 726.36 22.00 Thousand [+]
Long Term Unemployment Rate 2.20 2.20 13.00 2.20 percent [+]
Youth Unemployment Rate 14.00 13.90 38.60 8.20 percent [+]
Labour Costs 122.40 137.47 141.63 1.26 points [+]
Job Vacancies 18818.00 18538.00 25106.00 14033.00 [+]
Wages 1468.00 1402.00 1468.00 30.00 BGN/Month [+]
Minimum Wages 332.34 311.89 332.34 31.19 EUR/Month [+]
Population 7.00 7.05 8.99 7.00 Million [+]
Retirement Age Women 61.17 61.00 61.17 57.50 [+]
Retirement Age Men 64.08 64.00 64.08 62.50 [+]
Labor Force Participation Rate 55.80 56.20 57.40 47.90 percent [+]
Part Time Employment 58.20 68.00 91.10 41.10 Thousand [+]
Productivity 108.70 113.70 113.70 55.30 points [+]
Wages In Manufacturing 1240.00 1253.00 1253.00 201.00 BGN/Month [+]
Full Time Employment 3014.60 2911.50 3292.50 2328.60 Thousand [+]
Employment Change -0.50 -1.00 1.70 -3.50 percent [+]
Employment Rate 52.90 53.50 55.30 38.70 percent [+]