Wages in Bulgaria increased to 1468 BGN/Month in December from 1402 BGN/Month in November of 2020. source: National Statistical Institute, Bulgaria

Wages in Bulgaria averaged 599.02 BGN/Month from 1997 until 2020, reaching an all time high of 1468 BGN/Month in December 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 March 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
1468.00 1402.00 1468.00 30.00 1997 - 2020 BGN/Month Monthly
Current Prices, NSA

Bulgaria Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.00 6.70 19.27 4.68 percent [+]
Employed Persons 3126.90 3173.20 3417.30 2628.18 Thousand [+]
Unemployed Persons 229.75 220.29 726.36 22.00 Thousand [+]
Long Term Unemployment Rate 2.20 2.20 13.00 2.20 percent [+]
Youth Unemployment Rate 14.00 13.90 38.60 8.20 percent [+]
Labour Costs 122.40 137.47 141.63 1.26 points [+]
Job Vacancies 18818.00 18538.00 25106.00 14033.00 [+]
Wages 1468.00 1402.00 1468.00 30.00 BGN/Month [+]
Minimum Wages 332.34 311.89 332.34 31.19 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 55.80 56.20 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 1240.00 1253.00 1253.00 201.00 BGN/Month [+]
Full Time Employment 3014.60 2911.50 3292.50 2328.60 Thousand [+]
Employment Change -0.50 -1.00 1.70 -3.50 percent [+]
Employment Rate 52.90 53.50 55.30 38.70 percent [+]


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