Bulgaria’s Minimum Wage Gains Ground: Purchasing Power Nears EU Average
Since the start of 2026, Bulgaria’s statutory minimum monthly wage has been set at 620 euros, the lowest in the European Union
Photo: Stella Ivanova
In the fourth quarter of 2024, Bulgaria was one of the three EU countries with the lowest job vacancy rate, standing at just 0.7%. Alongside Bulgaria, Poland and Romania reported the same low rate. This figure is in line with the overall EU job vacancy rate, which remained steady at 2.3% compared to the previous quarter and lower than 2.6% in the fourth quarter of 2023. Within the euro area, the job vacancy rate also held steady at 2.5%, down from 2.9% in the same period a year earlier.
Among the EU member states, Belgium and the Netherlands recorded the highest vacancy rates, each at 4.1%, followed by Austria at 3.6%. In comparison, Bulgaria's job vacancy rate remained consistent with the previous quarter, with no significant change from 0.8% in the third quarter of 2024. In the services sector, Bulgaria saw a rate of 0.7%, while industry and construction experienced a vacancy rate of 0.6%, both unchanged from the previous quarter and the same period in 2023.
Eurostat data also highlighted that, over the past year, the job vacancy rate increased in four countries, including Denmark, Spain, Croatia, and Malta, each seeing a rise of 0.1 percentage points. However, the most notable decreases were in Germany (down by 0.7 percentage points), Greece (down by 0.6 points), and France and Austria (both down by 0.5 percentage points).
The first month following the introduction of the euro and the period of dual circulation with the lev has now ended, providing a clearer picture of how the transition is unfolding.
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
Two-room dwellings make up the largest portion of newly built homes in Bulgaria, according to data for the fourth quarter of 2025.
The Bulgarian National Bank reported that as of February 6, 2026, the withdrawal of lev banknotes and coins and their replacement with euro cash is progressing in line with the applicable legislation and the operational plans approved for the transition.
In 2024, about 68% of households across the European Union were owner-occupied, a slight decline from 69% in 2023, according to Eurostat data. The remaining 32% of the EU population lived in rented homes, up from 31% the previous year.
Retail trade in Bulgaria continued its strong momentum at the end of 2025, standing out among European Union countries as one of the top performers, according to Eurostat data.
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