In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute. Compared to 2023, this marks an increase of 13.9%, with the public sector seeing an increase of 14.8% and the private sector an increase of 13.5%.
In the public sector, the highest average gross annual salary is in the "Financial and Insurance Activities" sector (65,191 BGN/EUR 33,331.64/, while in the private sector, it is in the "Creation and Distribution of Information and Creative Products; Telecommunications" sector (64,257 BGN/ EUR 32,854.09/.
There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..
In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..
The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...
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