Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

IMF reports high levels of shadow economy in Bulgaria

Photo: library

The average size of shadow economy in Bulgaria between 1991 and 2015 amounted to 29.17%, a survey of the International Monetary Fund named Shadow Economies Around the World, made in 158 countries, shows. The size of gray economy in Bulgaria fluctuated between 20.83% and 35.3% over the years. The size of gray economy in Bulgaria is extremely high as compared to other EU countries. Data for 2017 places Bulgaria at the top of 31 European countries in terms of shadow economy.




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

Scientists bring back live fish from Antarctica 

Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic Circle to Bulgaria . The aim is to create an Antarctic aquarium in Plovdiv, where visitors - from..

published on 2/16/25 2:04 PM
Defence minister Zapryanov (L) takes part in the 61st Munich Security Conference, which opened on Friday.

EU accepts Bulgaria's proposal on defence modernisation spending

A procedure will be introduced to exclude military expenditure from the inflation index, Bulgarian Defence Minister Atanas Zapryanov announced in Munich, BTA reported. Speaking at the Security Conference, the minister said that Bulgaria had been..

published on 2/16/25 11:33 AM

President Radev calls for stronger EU security and urges North Macedonia to implement Consensus 2022

Addressing the crises facing the EU requires strengthening Europe's global competitiveness and ensuring security, President Rumen Radev said during a meeting with European Council President António Costa at the Munich Security Conference...

published on 2/16/25 10:39 AM