Text size

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

published on 3/26/24 1:40 PM

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!

Radio Bulgaria Economy bulgaria eurostat gdp pps purchasing power

More from category

A 100 square meter apartment in Bulgaria costs 199 average monthly salaries

In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..

published on 1/6/25 10:10 AM

Bulgarian company awarded with gold license for investment project in Egypt

On the last day of last year, the Egyptian Minister of Investment and Foreign Trade Hassan al-Khatib awarded a total of nine gold licenses at a ceremony at the General Agency for Investment and Free Zones, which was also attended by the Bulgarian..

published on 1/3/25 1:24 PM

Expected deficit at the end of last year exceeds €3 billion

Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..

published on 1/3/25 9:24 AM