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

Sunshine with temporary cloudiness in the eastern regions expected on Saturday

On Saturday the lowest temperatures will be between 8 and 16°C; in some valleys – between 6° and 9°C, in Sofia – about 8°C. During the day it will be sunny, with temporary increases in cloudiness over Eastern Bulgaria. The wind will..

published on 9/19/25 7:15 PM

IMF recommends higher social security and property taxes in Bulgaria from 2026

The International Monetary Fund has recommended increasing social security and property taxes from 2026 . This was made clear during the hearing of representatives of the Fund's regular mission in the Budget Committee of the National Assembly. It also..

published on 9/19/25 6:15 PM

Vice President Iliana Iotova visits the Bulgarians in Moldova

Vice President Iliana Iotova is visiting Taraclia, Moldova, on September 19-20. Today, she is an official guest at a ceremony to award the winners of the essay contest organized by the Bulgarian National Radio for schoolchildren..

published on 9/19/25 4:30 PM