Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

IMF reports high levels of shadow economy in Bulgaria

Photo: library

The average size of shadow economy in Bulgaria between 1991 and 2015 amounted to 29.17%, a survey of the International Monetary Fund named Shadow Economies Around the World, made in 158 countries, shows. The size of gray economy in Bulgaria fluctuated between 20.83% and 35.3% over the years. The size of gray economy in Bulgaria is extremely high as compared to other EU countries. Data for 2017 places Bulgaria at the top of 31 European countries in terms of shadow economy.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Zhecho Stankov

Energy minister: No problems expected with fuel supplies to Bulgaria

The state, all Bulgarian citizens and businesses are fully supplied with fuel. No problems are expected with fuel deliveries in Bulgaria, including those of diesel, petrol and propane-butane. Energy Minister Zhecho Stankov assured this at a briefing..

published on 6/23/25 2:29 PM
Atanas Zapryanov

No immediate threat to Bulgaria following US strikes on Iran, says the Defence Minister

There is no direct military threat to Bulgaria following the US strikes on Iran's nuclear facilities, Defence Minister Atanas Zapryanov said at a press conference. Earlier, Prime Minister Rosen Zhelyazkov had convened the Council of Ministers to assess..

published on 6/23/25 2:19 PM

Technical university introduces new aerospace engineering programme

Aerospace Engineering is one of the new degree programs recently introduced at the Technical University in Sofia.  Taught in English, the programme was launched last year with 16 students enrolled — 11 international and 5 Bulgarian. During the first two..

published on 6/23/25 2:02 PM