Labour Costs in Bulgaria increased to 141.63 points in the first quarter of 2020 from 114.67 points in the fourth quarter of 2019.

Labour Costs in Bulgaria averaged 68.51 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 August of 2020.

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
141.63 114.67 141.63 1.26 1995 - 2020 points Quarterly
2010=100, NSA

Bulgaria Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.30 9.00 19.27 4.68 percent [+]
Employed Persons 3107.20 3222.70 3417.30 2628.18 Thousand [+]
Unemployed Persons 273.37 295.45 726.36 22.00 Thousand [+]
Long Term Unemployment Rate 2.30 2.20 13.00 2.20 percent [+]
Youth Unemployment Rate 10.10 12.30 38.60 8.20 percent [+]
Labour Costs 141.63 114.67 141.63 1.26 points [+]
Job Vacancies 18721.00 18942.00 25106.00 14033.00 [+]
Wages 1321.00 1308.00 1349.00 30.00 BGN/Month [+]
Minimum Wages 286.33 286.33 286.33 31.20 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 55.00 56.40 57.40 47.90 percent [+]
Part Time Employment 47.50 52.50 91.10 41.10 Thousand [+]
Productivity 113.70 112.90 113.70 55.30 points [+]
Wages In Manufacturing 1162.00 1159.00 1165.00 201.00 BGN/Month [+]
Full Time Employment 2967.80 3071.00 3292.50 2328.60 Thousand [+]
Employment Change -0.90 0.40 1.70 -3.50 percent [+]
Employment Rate 52.40 54.00 55.30 38.70 percent [+]