The total output at basic prices from the agriculture sector in 2024 amounts to €4,970.1 million, which is 7.9% less compared to the previous year.
This decline is due to two main factors: a 3.2% decrease in the quantity of agricultural products produced and a 4.9% drop in the prices farmers receive for their products. This is according to an assessment by the National Statistical Institute (NSI) of the economic accounts for agriculture in 2024.
In addition, the value of inputs used in agriculture, such as seeds, fertilisers and machinery, has also fallen. Specifically, the volume of agricultural inputs used fell by 7.6% and the prices of these agricultural inputs fell by 3.0% compared to the previous year.
In 2024, net entrepreneurial income in agriculture reached 492.9 million euro, which is 1.1% lower than in 2023.
A number of institutions – the Ministry of Labor and Social Policy, the Employment Agency, the Executive Agency for Bulgarians Abroad and the Ministry of Interior, as well as members of parliament, have made a clear commitment – to..
Bulgarians working abroad sent over EUR 420 million to their relatives during the first quarter of 2025. This amount is EUR 66 million higher than in the same period of 2025. The largest sum was sent by the Bulgarian diaspora in the United States,..
The positive convergence report will have a positive impact on people's standard of living and purchasing power, as well as on the country’s business environment, Bulgaria’s Minister of Economy Petar Dilov said in an interview with public service..
In 2025, Bulgarian tourism maintains sustainable growth despite global challenges. According to analysts, a record number of foreign..
Partly Cloudy
Partly cloudy, chance of rain
Mostly Cloudy