Bulgaria has the cheapest labor force in the European Union with an average payment of EUR 2,1 per hour, according to a EUROSTAT research.

Denmark is on the other extreme, as labor there costs EUR 35 per hour on average.

The average labor costs in the private sector for the 27 EU member states was EUR 22,8 per hour in 2007, which is a 3,4%-increase compared to the 2006 levels.

The labor cost in Bulgaria grew 16,9% compared to the 2006 levels to reach EUR 2,1 per hour, which is the highest increase in the EU together with Romania's 15,2%.

However, Bulgaria's labor cost is still lower than that of other Easter European states such as Romania (EUR 3,9 per hour), Hungary (EUR 7,7 per hour), Slovakia (EUR 6,4 per hour), Poland (EUR 6,7 per hour), and the Czech Republic (EUR 8,1 per hour).

The significant increase in the labor costs in Bulgaria and Romania in 2007 resulted from their EU accession.

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