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

Bulgaria has the lowest purchasing power in the EU, Eurostat preliminary data shows

Bulgaria's GDP per capita, expressed in purchasing power standards (PPS), remains the lowest in the EU, according to preliminary data from Eurostat, the official European statistics agency.

In 2023, the purchasing power of European citizens ranges from 64% of the EU average (Bulgaria) to 240% in Luxembourg. Bulgarians' purchasing power has increased slightly since 2022, when PPS was 62%, and since 2021, when it was 57%. 



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

Caretaker cabinet continues Bulgaria's course towards the Eurozone

"I have tried to get experts into the government, to achieve continuity and the cabinet to be politically balanced," caretaker Prime Minister Dimitar Glavchev said when presenting the composition of the already active caretaker cabinet to the President...

published on 4/15/24 12:20 PM

European Commission with information campaign on adoption of the euro in Bulgaria

Caretaker Deputy Prime Minister and Finance Minister Lyudmila Petkova, Vice President of the European Commission Valdis Dombrovskis and European Commissioner for Economy Paolo Gentiloni signed, in Luxemburg, a partnership agreement between the..

published on 4/12/24 11:18 AM
Petar Ganev

Political instability deters foreign investment

The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..

published on 4/8/24 10:04 AM