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/.
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
Less than 100 days remain until Bulgaria joins the eurozone, and this is another reason to talk about the incomes of people in Bulgaria, about the Bulgarian economy, about foreign investments and about the domestic labour market which reacts the..
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