The total average income per household member in the first quarter of 2024 is BGN 2,840 (EUR 1,452.07), which was an increase of 18.6%, year-on-year, the National Statistical Institute said. Wage income increased from BGN 1,284 (EUR 656.5) to BGN 1,597 ( EUR 816.53), which was an increase of 24.4%.
The total expenditure per household member in the first quarter of 2024 averaged BGN 2,524 (EUR 1,290), which is an increase of 17.4% year-on-year. The largest share of expenditures is for food and non-alcoholic beverages (29.8%), followed by housing expenses (17.1%), taxes and social security contributions (14.9%) and transport and communications (11.2%).
The Bulgarian National Bank (BNB) has posted, to its website, the answers to important questions connected with the adoption of the euro and the country’s entry into the Eurozone. The official BGN to Euro exchange rate is fixed, with the Lev..
89% of German investors in Bulgaria would choose Bulgaria again for their investments . This is indicated by a study by the German-Bulgarian Chamber of Industry and Commerce conducted in 2024. Germany continues to be a key partner of Bulgaria in terms of..
The euro area annual inflation rate was 2.5% in January 2025, up from 2.4% in December 2024. In Bulgaria, it accelerated more sharply in January to 3.8% from 2.1% a month earlier , reaching the highest level in 12 months (since January 2024, when it..
Bulgaria's Ministry of Transport has been working for years to develop Corridor No. 8, connecting the Adriatic with the Black Sea through Albania, North..
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