Average Wage in Bulgaria Increased 4-fold in 2000-2015
The average wage in Bulgaria increased four times from BGN 225 to BGN 800 over the past 15 years.
The energy sector boasts the highest average wage, at BGN 2260, which increased five times and a half in the period 2000-2015, according to reports of the Bulgarian National Radio.
According to employers in Bulgaria, the situation is paradoxical because the energy sector registers losses of at least BGN 700 M a year.
High wages are also paid in the spheres of real estate and finance.
At the bottom of the ranking are sectors such as the processing industry and agriculture.
There is a huge difference between the average income in Bulgaria’s capital and the other regions.
While in Sofia the average wage stands at BGN 1070, in Vidin, a city located in Bulgaria’s poorest northwestern region, it amounts to BGN 516.
Bozhidar Danev, Executive Director of the Bulgarian Industrial Association (BIA), argued that it was only normal to witness migration towards the capital.
“We keep creating the economic grounds for protests and clashes in society,” he suggested.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Moody's confirmed the Credit Rating of Bulgaria and Predicts Postponement of the Euro
- » Bulgarian Financier: Adoption of the Euro will Not Raise Prices
- » Bulgaria’s National Bank increased the Main Interest Rate for February
- » Financier: In Bulgaria, We’ve been Using Euro, which is called Lev, in a ratio of 2 to 1 for 25 Years Now
- » Bulgaria’s National Bank Withdraws Old Banknotes with Denomination of BGN 20 from Circulation – Check Where You can Change yours!
- » According to Deputy PM, it is Still Realistic for Bulgaria to Adopt the Euro in 2024