Agricultural land in Bulgaria has more than doubled in price, or by 108.7%, for the past 7 years, according to data of the National Statistical Institute. In 2016, the average price per decare of land was 386 EUR and last year it was 803 EUR.
Fields in the south-western region of the country marked the biggest price rise - more than 202% for 7 years. The reason is the sharp increase in the price of agricultural land in the region of Sofia. Second when it comes to price rise for the past 7 years is the north-western region with a rise of 117%. The price of land in Dobrudzha rose by 113% and the decare there costs EUR 1,820.
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..
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..
One of the key steps in the expansion of the underground gas storage at Bulgaria's Chiren gas storage facility, the construction of the above-ground..
Transformation – this is the word that most accurately describes the current state of the Bulgarian industry. According to an analysis..
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