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

1% of Bulgarians receive incomes of over 13,000 euros per month

Lyuboslav Kostov
Photo: knsb-bg.org

Capital and resources have become more concentrated in the hands of fewer and fewer people for the past 20 years, the director of the Institute for Social and Trade Union Research at CITUB, Lyuboslav Kostov, has told BNR. "The well-being of the rich in our country has been growing, but this is detrimental to the well-being of others. This is the key point that needs to be discussed," Kostov said. According to data provided by him, in 2019 the richest 1% of the country's population owned 18% of GDP, while in 2008 they owned 8% of GDP.

According to Kostov, the average annual income for 2020 of 50% of the poorest Bulgarians was 2,959 euros, which is about 255 euros per month. The annual income of 1% of the richest Bulgarians was 163,613 euros, or over 13,293 euros per month.




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

Bulgaria's President on a working visit to the USA, he will speak before the UN

Leaders from over 130 countries are gathering at thr UN headquarters in New York for the 79th session of the UN General Assembly. This year's motto is: "Leaving no one behind: acting together to promote peace, sustainable development and human dignity..

published on 9/24/24 5:05 AM

Autumn will bring us yet another warm and sunny day

The weather in Bulgaria will be sunny on Tuesday. Cloudiness will increase from the west The minimum temperatures will be between 7 °C and 12°C, in Sofia - about 8°C. The maximum temperatures will be from 25 °C to 30°C, in the capital Sofia - 25°..

published on 9/23/24 6:05 PM

The EU will support Bulgarian farmers because of the drought

The European Commission has proposed to allocate €119.7 million to directly support farmers in Bulgaria, Germany, Estonia, Italy and Romania affected by adverse natural phenomena in 2024. Bulgaria is reported to have been affected by a drought this..

published on 9/23/24 2:37 PM