Unemployment in Bulgaria

Bulgaria Unemployment | Economic News & Forecasts

Bulgaria - Unemployment

Flash estimates revealed that the economy gathered momentum in Q1, with growth quickening from the solid, domestic demand-led expansion in Q4 2018. The upturn was buoyed by upbeat external demand, which led export growth to hit a one-and-a-half year high. Internally, however, activity softened: Fixed investment eased noticeably while rising unemployment and inflation likely weighed on consumer spending, despite household incomes benefiting from substantial wage gains. This was evidenced by tepid retail sales growth in the quarter overall, which included the first decline in sales in nearly six years in February. Turning to Q2, available survey data hints that dynamics have remained broadly stable: On average, consumers were as pessimistic in April–May as in Q1, while confidence in the retail trade and services sectors slipped only marginally.

Bulgaria - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate11.8  11.7  11.0  8.0  7.1  

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Bulgaria Unemployment Chart

Bulgaria Unemployment
Note: Unemployment in % of active population.
Source: National Statistical Insitute (NSI) and Met the why particular calculations

Bulgaria Facts

Bond Yield0.580.0 %Jun 14
Exchange Rate1.74-0.72 %Jun 14
Stock Market578-0.35 %Jun 14

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