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

Bulgaria's demographic crisis hits GDP

Negative growth accounts for 45% of Bulgaria's average annual GDP decline, BAS reports

Photo: BTA

Population decline has had a strong adverse impact on GDP growth since 2009, with an average negative effect of around 0.9 percentage points per year. This corresponds to about 45 per cent of the average annual GDP growth rate from 2010 to 2021, according to research by the Institute for Population and Human Research at the Bulgarian Academy of Sciences, as reported by BTA. According to the authors of the study, the negative effect is mainly due to emigration and the ageing of the population. 

The scientists warn that without changes in economic conditions and policies, there is a risk that this negative effect will continue and even worsen after 2035 due to the acceleration of population ageing.

Population decline is driven both by global trends, such as fertility decline and ageing, and by country-specific factors. The fertility rate remains below the replacement level, despite its slow recovery since the beginning of the new millennium. Bulgaria has one of the highest mortality rates in the European Union and the lowest life expectancy at 74.2 years, compared with an EU average of 80.6 years

Moreover, the population is declining due to negative natural growth and net migration, especially in the period 2012-2019. Measures are needed with a long-term effect, such as stimulating fertility and improving the health status of the population, as well as those with a short-term effect, related to the management of migration processes. Policies aimed at improving employment and increasing labour market participation are also needed, the authors note.



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

Temperatures go down on Sunday, rain and snow in the forecast

Over the next 24 hours the weather in the country will be dynamic. After temporarily dispersing, after midnight the clouds will increase and the precipitation will pick up from the Northwest. During the day on Sunday the rain will continue, and..

published on 4/5/25 6:10 PM

Former athlete detained with 30 kgs. of cocaine worth over 5 million Leva

The Sofia district court has left 45-year old Bulgarian former athlete Petar Dachev in custody. Dachev was detained on 2 April in the region of Petrohan pass for possession of 30 kgs. of cocaine, public service TV BNT reports. The cocaine, hidden..

published on 4/5/25 5:39 PM
Daniel Mitov

Interior minister orders nationwide inspection of dangerous road sections

Against the background of protests in different towns across the country against the “war on the roads”, the poor condition of roads, corruption in public procurement and flawed road repairs, Minister of Interior Daniel Mitov has ordered a..

published on 4/5/25 2:28 PM