War in Ukraine and Falling EU Demand Drive Bulgaria’s 2025 Export Decline
Bulgaria’s export sector continued to face challenges in 2025, marking the third consecutive year of decline
Bulgaria's Average Salary Soars to BGN 2,000 in Q3 2022
- Tweet
Send to Kindle
@novinite.com
Bulgaria witnesses a notable surge in average salaries, with Ministry of Labour and Social Policy data revealing an upswing in the third quarter of 2022. The report, published on the Ministry's website, showcased an average salary of BGN 2,000, marking a substantial 14.7% increase compared to the previous year.
Sofia City Province took the lead with the highest average salary, soaring to BGN 2,722. This figure represented a significant 36.1% above the national average and a notable 13.9% rise from the same quarter in 2022, according to the Ministry's findings. Notably, regions like Kardzhali and Lovech saw remarkable year-on-year growth in average wages, recording increases of 20.1% and 18.6%, respectively.
The comprehensive report delved further, shedding light on the total household income for the period, which stood at around BGN 5,728. This figure surged by an impressive 18.4% compared to the same period in the previous year. The bulletin underscored that gross income comprised the primary component of the total household income.
Eight key economic sectors stood out, offering average wages surpassing the national average and employing roughly one-third of the workforce. Sectors including "Information and Creative Products", "Energy Production and Distribution", "Financial and Insurance Activities", "Mining and Quarrying", "Professional and Scientific Research", "Public Administration", "Education", and "Health and Social Work" boasted the highest wages, contributing significantly to the overall economic landscape.
This surge in average salaries points to notable economic growth and prosperity across various sectors in Bulgaria during this period.
Related Articles:
Bulgaria Ranks Second in EU for Longest Workweek While Young Graduates Lead Employment Rates
Bulgaria continues to stand out in the European labor market for both its low unemployment and the high employment rate among young graduates
Business | February 12, 2026, Thursday // 23:00
Bulgaria Sees Clear Deceleration in Inflation, Officials Report Stable Market
Bulgaria’s National Statistical Institute (NSI) has reported a visible deceleration in inflation, according to the latest Consumer Price Index, calculated on the basis of more than 40,000 price observations covering around 8,000 goods and services
“Loyal EU Member” Bulgaria Under Fire from Russian Ambassador over Serbia Gas Talks
Russian Ambassador to Serbia Alexander Botsan-Kharchenko delivered sharp criticism of Bulgaria, highlighting its EU membership as a complicating factor in the delivery of Russian gas to Serbia
Bulgaria Weather Thursday: Temperatures Rise but Rain Persists in South and East
Thursday’s weather in Bulgaria will see a rise in temperatures, but clouds and rain will continue to affect large parts of the country, according to the National Institute of Meteorology and Hydrology (NIMH) forecast for February 12.
Bulgaria Celebrates Second Winter Olympic Medal as Lora Hristova Shines!
Lora Hristova delivered a remarkable performance in the women’s 15-kilometer individual start biathlon event at the Milano-Cortina 2026 Winter Olympic Games, earning Bulgaria its second medal of the competition
Sports | February 11, 2026, Wednesday // 16:37
How to Identify a Counterfeit Euro Banknote
Detecting a fake euro note does not require specialized tools or microscopes. By carefully examining, feeling, and tilting the banknote, you can verify its authenticity.
Bulgaria Nears Completion of Leva Withdrawal as 81% Taken Out of Circulation
As of February 6, 2026, Bulgaria continues to make steady progress in withdrawing the national currency, the leva, from circulation.
Bulgarian Central Bank Reports New 10-Year Government Debt Issue Worth €150 Million
Bulgaria has taken on new debt amounting to 150 million euros through the issuance of government securities, according to results published on the Bulgarian National Bank (BNB) website.
Bulgaria One Month After the Euro: Inflation Slows, Budget Pressures Remain
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.
Bulgaria: What Taxpayers Need to Know After the Euro Changeover
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
Bulgarian National Bank: 81% of Lev Cash Withdrawn as Euro Fully Takes Over
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.
