Labour Costs in Bulgaria increased to 151.25 points in the first quarter of 2021 from 127.28 points in the fourth quarter of 2020. source: European Central Bank

Labour Costs in Bulgaria averaged 71.03 points from 1995 until 2021, reaching an all time high of 151.25 points in the first quarter of 2021 and a record low of 1.26 points in the first quarter of 1996. This page provides - Bulgaria Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Labour Costs - values, historical data and charts - was last updated on August of 2021.

Labour Costs in Bulgaria is expected to be 144.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Bulgaria to stand at 134.78 in 12 months time. In the long-term, the Bulgaria Labour Costs is projected to trend around 137.08 points in 2022 and 138.70 points in 2023, according to our econometric models.

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Bulgaria Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
151.25 127.28 151.25 1.26 1995 - 2021 points Quarterly
2010=100, NSA

Bulgaria Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.70 19.27 4.68 percent [+]
Employed Persons 3028.70 3126.90 3417.30 2628.18 Thousand [+]
Unemployed Persons 170.72 186.05 726.36 22.00 Thousand [+]
Long Term Unemployment Rate 2.70 2.60 13.00 2.20 percent [+]
Youth Unemployment Rate 12.50 13.70 38.60 8.20 percent [+]
Labour Costs 151.25 127.28 151.25 1.26 points [+]
Job Vacancies 18591.00 14962.00 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 [+]