Average and Minimum Salary in Bulgaria.

Bulgaria: Average Salary and Opportunities for Migrants

Bulgaria has always been an attractive country for migration and employment. The salary in Bulgaria is relatively high compared to neighboring countries, but lower compared to Europe. 

The minimum wage in Bulgaria is accessible even for newcomers, and for migrants, it serves as a kind of standard. The main thing is to receive a stable salary and have the opportunity to grow. 

Average Salary in Bulgaria

Bulgaria is a country located in Southeast Europe and has been a member of the European Union since 2007. Despite economic progress, Bulgaria remains one of the EU countries with the lowest salaries. 

As of the beginning of 2024, the minimum wage in Bulgaria is 780 leva per month (approximately 400 euros), the lowest among EU countries. Salaries are gradually increasing year by year. For example, in 2022 it was 710 leva, and in 2021 it was 650 leva. 

The level of minimum wage in Bulgaria is set by the government based on consultations with social partners, including trade unions and employers. Also taken into account are factors that affect the economy and inflation. 

The standard of living in Bulgaria is still low even with the increase of minimum wage. To live comfortably, more than 1000 leva per month is needed. Many workers earning minimum wage seek additional sources of income. 

Average Salary in Bulgaria for Migrants

The average salary in Bulgaria in 2024 is around 1,850 leva (approximately 950 euros) per month. This is above the minimum wage but below the average level in the EU. For example, in Romania, the average salary is around 1,200 euros, and in Greece, it is over 1,500 euros. 

Salaries in Bulgaria significantly depend on the region. In the capital Sofia, the average salary can exceed 2,500 leva (approximately 1,300 euros), while in rural areas it can be below 1,200 leva. 

The main regions with the highest salaries: Sofia, Plovdiv, Varna, and Burgas.

Regions with the lowest salaries: rural areas of Northwestern Bulgaria and small towns without developed industry and tourism infrastructure.

Salaries also depend on the industry. High salaries are observed in the fields of information technology, finance, and pharmaceuticals. Low salaries are in agriculture, light industry, and tourism. 

Factors Affecting Salary

There are many factors that affect salaries in Bulgaria. In particular, economic development and inflation. The country shows stable growth at a rate of 3-4% per year, which positively affects salaries. 

Inflation also impacts the purchasing power of citizens. A high inflation rate reduces the real value of salaries. 

The unemployment level in Bulgaria is low - around 5%. This contributes to salary growth, especially in highly skilled sectors. Education and qualifications also affect employee salaries. People with higher education earn 30-50% more compared to those with secondary education. 

The minimum and average salary in Bulgaria are among the lowest in the EU, but the country has the potential to improve its citizens' income levels. There are many job offers for migrants. 

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