Unemployment Rate in Bulgaria increased to 5.80 percent in November from 5.60 percent in October of 2019. Unemployment Rate in Bulgaria averaged 11.37 percent from 1991 until 2019, 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.

Unemployment Rate in Bulgaria is expected to be 5.40 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 4.90 in 12 months time. In the long-term, the Bulgaria Unemployment Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.

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Bulgaria Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.80 5.60 19.27 4.68 1991 - 2019 percent Monthly
NSA


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.

Bulgaria Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.80 5.60 19.27 4.68 percent [+]
Employed Persons 3299.20 3262.80 3417.30 2628.18 Thousand [+]
Unemployed Persons 189.47 182.53 726.36 22.00 Thousand [+]
Long Term Unemployment Rate 2.50 2.60 13.00 2.50 percent [+]
Youth Unemployment Rate 7.00 9.10 38.60 7.00 percent [+]
Labour Costs 111.80 124.73 135.43 1.26 points [+]
Job Vacancies 20301.00 22594.00 25106.00 14033.00 [+]
Wages 1266.00 1224.00 1281.00 30.00 BGN/Month [+]
Minimum Wages 286.33 260.76 286.33 31.20 EUR/Month [+]
Population 7.05 7.10 8.99 7.05 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 57.40 57.00 57.40 47.90 percent [+]
Living Wage Family 1080.00 1080.00 1080.00 1030.00 BGN/Month [+]
Living Wage Individual 675.00 675.00 675.00 630.00 BGN/Month [+]
Part Time Employment 68.70 54.40 91.10 41.10 Thousand [+]
Productivity 136.30 119.50 141.10 53.10 points [+]
Wages High Skilled 1280.00 974.00 1280.00 826.00 BGN/Month [+]
Wages In Manufacturing 1140.00 1107.00 1140.00 201.00 BGN/Month [+]
Wages Low Skilled 600.00 545.00 600.00 472.00 BGN/Month [+]
Full Time Employment 3096.40 3008.00 3292.50 2328.60 Thousand [+]
Employment Change 0.00 0.30 1.70 -3.50 percent [+]
Employment Rate 55.30 54.70 55.30 38.70 percent [+]