Long Term Unemployment Rate in Bulgaria increased to 2.70 percent in the first quarter of 2021 from 2.60 percent in the fourth quarter of 2020. source: EUROSTAT

Long Term Unemployment Rate in Bulgaria averaged 5.87 percent from 2000 until 2021, reaching an all time high of 13 percent in the first quarter of 2002 and a record low of 2.20 percent in the fourth quarter of 2019. This page provides - Bulgaria Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Long Term Unemployment Rate - values, historical data and charts - was last updated on August of 2021.

Long Term Unemployment Rate in Bulgaria is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Bulgaria to stand at 3.90 in 12 months time. In the long-term, the Bulgaria Long Term Unemployment Rate is projected to trend around 3.90 percent in 2022 and 3.70 percent in 2023, according to our econometric models.

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Bulgaria Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.60 13.00 2.20 2000 - 2021 percent Quarterly

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 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 Long Term Unemployment Rate
In Bulgaria, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.