Wages in Bulgaria increased to 1500 BGN/Month in March from 1431 BGN/Month in February of 2021. source: National Statistical Institute, Bulgaria

Wages in Bulgaria averaged 607.92 BGN/Month from 1997 until 2021, reaching an all time high of 1500 BGN/Month in March of 2021 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 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 1500.00 in 12 months time. In the long-term, the Bulgaria Average Monthly Wages is projected to trend around 1500.00 BGN/Month in 2022, according to our econometric models.

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Bulgaria Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
1500.00 1431.00 1500.00 30.00 1997 - 2021 BGN/Month Monthly
Current Prices, NSA

Bulgaria Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.70 6.10 19.27 4.68 percent [+]
Employed Persons 3028.70 3126.90 3417.30 2628.18 Thousand [+]
Unemployed Persons 186.05 200.42 726.36 22.00 Thousand [+]
Long Term Unemployment Rate 2.70 2.60 13.00 2.20 percent [+]
Youth Unemployment Rate 13.70 12.10 38.60 8.20 percent [+]
Labour Costs 151.25 127.28 151.25 1.26 points [+]
Job Vacancies 14962.00 18818.00 25106.00 14033.00 [+]
Wages 1500.00 1431.00 1500.00 30.00 BGN/Month [+]
Minimum Wages 332.34 332.34 332.34 31.19 EUR/Month [+]
Population 6.95 7.00 8.99 6.95 Million [+]
Retirement Age Women 61.67 61.50 61.67 57.50 [+]
Retirement Age Men 64.33 64.25 64.33 62.50 [+]
Labor Force Participation Rate 54.90 55.80 57.40 47.90 percent [+]
Part Time Employment 46.60 47.50 91.10 41.10 Thousand [+]
Productivity 115.50 112.40 115.50 55.30 points [+]
Wages In Manufacturing 1263.00 1244.00 1263.00 201.00 BGN/Month [+]
Full Time Employment 2893.70 2982.20 3292.50 2328.60 Thousand [+]
Employment Change -0.70 -0.40 1.70 -3.50 percent [+]
Employment Rate 51.40 52.90 55.30 38.70 percent [+]


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