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/.
Fitch Ratings has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Positive Outlook, reported BTA. ''Bulgaria's ratings are supported by its strong external and public finance balance sheets versus..
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,..
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