Podcast in English
Text size
Bulgarian National Radio © 2024 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

Rumen Radev

President Radev demands answers from the institutions regarding the reports of vote-buying

Instead of calming society, the announcement of the election results generated tensions and raised questions about how fair the elections have been, says President Rumen Radev in a position on the early election for parliament, the presidential..

published on 10/31/24 12:05 PM

More than 95% of the participants in the Bulgarian Wants You forum in London say they are considering returning to Bulgaria

95.4% of the people who went to the forum “Career and life – why in Bulgaria?”, held in London on 20 October, say they are considering returning to Bulgaria, indicate data from an online survey active during the event. The results are up by 10%..

published on 10/31/24 11:27 AM
Rositsa Mateva

Velichie party is 21 votes short of entering parliament, the Central Election Commission says

Velichie party is 21 votes short of clearing the electoral threshold for entering the new parliament, said Rositsa Mateva, chair of the Central Election Commission (CEC). Central Election Commission announces final distribution of seats in..

published on 10/31/24 11:01 AM