Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria reports significant decrease in the amount of money sent by Bulgarians abroad

Photo: Ani Petrova, BNR

The amount of money sent by Bulgarians abroad to their home country has decreased significantly. According to data of the Bulgarian National Bank, in the first two months of 2021 Bulgarians abroad sent only EUR 24.8 million to Bulgaria. In the same period last year, the money sent by Bulgarians abroad was 8 times higher and amounted to EUR 198.2 million. Before the Covid-19 pandemic, Bulgarians abroad used to send between EUR 80 million and EUR 100 million a month to their families in Bulgaria.

The negative trend began in the spring of 2020. In 2020, Bulgarians abroad transferred a total of EUR 358.9 million to their home country, while in 2019, they sent a record-high amount of money to Bulgaria-EUR 1.2 billion.




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

Natalia Kiselova

BSP-United Left seek support for their candidate for National Assembly Speaker

The coalition BSP-United Left, which placed fifth in the parliamentary elections held on October 27, is starting a series of negotiations to gather support for its candidate for the position of Speaker of the 51st National Assembly, Natalia Kiselova,..

published on 12/3/24 3:06 PM

Mayors from Kyustendil district call for the accelerated construction of Corridor No 8

Chairpersons of municipal councils from Kyustendil district gathered at the railway station in Gyueshevo to declare their desire for the accelerated construction of the road and railway route of Corridor No. 8. The Chairman of the Kyustendil..

published on 12/3/24 1:47 PM
Stoyan Mavrodiev

Appelate Court-Sofia upholds the European arrest warrant for former BDB Director Mavrodiev

The Appellate Court- Sofia  upheld the decision of the Sofia City Court, which granted the prosecution's request to issue a European arrest warrant for former Bulgarian Development Bank Executive Director Stoyan Mavrodiev. While in the previous..

published on 12/3/24 1:24 PM