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The government has set a poverty line for 2020. Its size will be BGN 363 - up with BGN 15 compared to 2019.
The amount is determined in accordance with the methodology for determining the poverty line for the country. The amount is calculated on the basis of the poverty line determined by the EU-SILC survey and the Price Indices of a Small Basket (PISB).
The poverty line is used in the development of state income and living standards, in the definition of specific social protection measures, and is the basis for determining the amount of financial support for people with disabilities.
Despite a noticeable rise in Bulgaria’s minimum wage in recent years, the number of employed individuals living below the poverty line continues to grow
Bulgaria’s official poverty line for 2026 has been set at 764 leva (390 euros), marking an increase of 126 leva, or 19.7% compared to the current threshold
This was announced at a briefing by the Minister of Labor and Social Policy, Ivanka Shalapatova, after the government adopted the decision at today's meeting
In 2020, the poverty line for the country in total is BGN 451.
From January 1, 2020, the poverty line should be BGN 363 - this envisages a draft decree of the Council of Ministers defining the poverty line, published for public discussion on the website of the Ministry of Labor and Social Policy and the portal for pu
In 2018, the average monthly poverty line for the country is 351.
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
Data released by the Ministry of Finance, covering budget execution for February 2026 and preliminary estimates for March 2026, indicate a marked deterioration in Bulgaria’s fiscal position
In the 2026 edition of the Index of Economic Freedom, compiled by the Heritage Foundation, Bulgaria is placed 38th out of 176 countries, positioned between Costa Rica and Oman
Finance officials and the Bulgarian National Bank have issued a series of warnings about Bulgaria’s fiscal and economic outlook for 2026, highlighting rising pressure on public finances, slower growth, and higher inflation.
With the initial months following the introduction of the euro, institutional oversight in Bulgaria is gradually shifting from intensive inspections to a more systematic and long-term monitoring framework
Bulgarian National Bank Governor Dimitar Radev has warned that inflation risks are increasingly driven by geopolitical developments, stressing that Bulgaria remains firmly anchored within the European institutional and political framework
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