Markets

Bulgaria

Unemployment Rate
4.40%
Average Salary
961 EUR
Economically Active Population
3 million
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About Bulgaria

Bulgaria boasts a highly educated and multilingual workforce, perfect for businesses seeking diverse talents. Graduates with skills in various fields, including IT and engineering, are readily available. Proficiency in languages like English, German and French enhances global business interactions.

The tech sector is flourishing, with a dynamic startup environment  taking center stage. Bulgaria has business-friendly tax rates, including one of the EU's lowest corporate tax rates. Competitive service costs appeal to businesses across sectors, from outsourcing to software development. 

Data

Unemployment
Whole country: 4.40%
Capital city: 1.20%
Average salary
Whole country: 961 EUR
Capital city: 1 400 EUR
Population
Population: 6.5 million
Economically active population: 3 million
Education split
Higher education: 25.5%
Secondary education: 47.1%
Primary eduation: 16.4%
Basic or lower: 10.9%
Currency
Bulgarian lev (BGN)
Strongest industries
IT and Telecommunications
BPO
Energy
Tourism
Pharmaceuticals
Textile industry