Wages in Bulgaria increased to 1321 BGN/Month in March from 1308 BGN/Month in February of 2020.

Wages in Bulgaria averaged 573.75 BGN/Month from 1997 until 2020, reaching an all time high of 1349 BGN/Month in December of 2019 and a record low of 30 BGN/Month in January of 1997. This page provides - Bulgaria Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Average Monthly Wages - values, historical data and charts - was last updated on July of 2020.

Wages in Bulgaria is expected to be 1350.00 BGN/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Bulgaria to stand at 1400.00 in 12 months time. In the long-term, the Bulgaria Average Monthly Wages is projected to trend around 1500.00 BGN/Month in 2021, according to our econometric models.

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Bulgaria Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
1321.00 1308.00 1349.00 30.00 1997 - 2020 BGN/Month Monthly
Current Prices, NSA

Bulgaria Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.00 8.90 19.27 4.68 percent [+]
Employed Persons 3107.20 3222.70 3417.30 2628.18 Thousand [+]
Unemployed Persons 295.45 292.81 726.36 22.00 Thousand [+]
Long Term Unemployment Rate 2.30 2.20 13.00 2.20 percent [+]
Youth Unemployment Rate 12.10 14.00 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 1165.00 1162.00 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 [+]


Bulgaria Average Monthly Wages
In Bulgaria, wages are benchmarked using average monthly earnings.