Wages in Bulgaria increased to 1397 BGN/Month in September from 1335 BGN/Month in August of 2020. source: National Statistical Institute, Bulgaria

Wages in Bulgaria averaged 590.20 BGN/Month from 1997 until 2020, reaching an all time high of 1397 BGN/Month in September of 2020 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 January of 2021.

Wages in Bulgaria is expected to be 1400.00 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
1397.00 1335.00 1397.00 30.00 1997 - 2020 BGN/Month Monthly
Current Prices, NSA

Bulgaria Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.70 6.90 19.27 4.68 percent [+]
Employed Persons 3173.20 3079.60 3417.30 2628.18 Thousand [+]
Unemployed Persons 218.84 227.91 726.36 22.00 Thousand [+]
Long Term Unemployment Rate 2.20 2.20 13.00 2.20 percent [+]
Youth Unemployment Rate 13.90 17.10 38.60 8.20 percent [+]
Labour Costs 122.40 137.47 141.63 1.26 points [+]
Job Vacancies 15573.00 18721.00 25106.00 14033.00 [+]
Wages 1397.00 1335.00 1397.00 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 56.20 55.20 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 1233.00 1186.00 1233.00 201.00 BGN/Month [+]
Full Time Employment 3014.60 2911.50 3292.50 2328.60 Thousand [+]
Employment Change -1.00 -0.90 1.70 -3.50 percent [+]
Employment Rate 53.50 52.00 55.30 38.70 percent [+]


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