Unemployment Rate in Bulgaria decreased to 7.50 percent in August from 7.90 percent in July of 2020.

Unemployment Rate in Bulgaria averaged 11.27 percent from 1991 until 2020, reaching an all time high of 19.27 percent in February of 2001 and a record low of 4.68 percent in April of 1991. This page provides - Bulgaria Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Unemployment Rate - values, historical data and charts - was last updated on October of 2020.

Unemployment Rate in Bulgaria is expected to be 9.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Bulgaria to stand at 8.30 in 12 months time. In the long-term, the Bulgaria Unemployment Rate is projected to trend around 8.00 percent in 2021 and 6.50 percent in 2022, according to our econometric models.

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Bulgaria Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.50 7.90 19.27 4.68 1991 - 2020 percent Monthly
NSA

Bulgaria Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.50 7.90 19.27 4.68 percent [+]
Employed Persons 3079.60 3107.20 3417.30 2628.18 Thousand [+]
Unemployed Persons 245.77 258.55 726.36 22.00 Thousand [+]
Long Term Unemployment Rate 2.30 2.20 13.00 2.20 percent [+]
Youth Unemployment Rate 17.80 16.80 38.60 8.20 percent [+]
Labour Costs 137.47 141.63 141.63 1.26 points [+]
Job Vacancies 15573.00 18721.00 25106.00 14033.00 [+]
Wages 1355.00 1333.00 1355.00 30.00 BGN/Month [+]
Minimum Wages 311.89 311.89 311.89 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 55.20 55.00 57.40 47.90 percent [+]
Part Time Employment 68.00 47.50 91.10 41.10 Thousand [+]
Productivity 113.70 113.70 113.70 55.30 points [+]
Wages In Manufacturing 1200.00 1154.00 1200.00 201.00 BGN/Month [+]
Full Time Employment 2911.50 2967.80 3292.50 2328.60 Thousand [+]
Employment Change -1.00 -0.90 1.70 -3.50 percent [+]
Employment Rate 52.00 52.40 55.30 38.70 percent [+]


Bulgaria Unemployment Rate
In Bulgaria, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.