Labor Force Participation Rate in Bulgaria averaged 52.62 percent from 2000 until 2020, reaching an all time high of 57.40 percent in the third quarter of 2019 and a record low of 47.90 percent in the fourth quarter of 2000. This page provides - Bulgaria Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Labor Force Participation Rate - values, historical data and charts - was last updated on February of 2021.
Labor Force Participation Rate in Bulgaria is expected to be 55.28 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Bulgaria to stand at 55.35 in 12 months time. In the long-term, the Bulgaria Labor Force Participation Rate is projected to trend around 55.39 percent in 2022 and 55.42 percent in 2023, according to our econometric models.