Labor Force Participation Rate in Bulgaria decreased to 55 percent in the first quarter of 2020 from 56.40 percent in the fourth quarter of 2019.

Labor Force Participation Rate in Bulgaria averaged 52.50 percent from 2000 until 2020, reaching an all time high of 57.40 percent in the third quarter of 2019 and a record low of 47.90 percent in the fourth quarter of 2000. This page provides - Bulgaria Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Labor Force Participation Rate - values, historical data and charts - was last updated on June of 2020.

Labor Force Participation Rate in Bulgaria is expected to be 55.28 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Bulgaria to stand at 55.35 in 12 months time. In the long-term, the Bulgaria Labor Force Participation Rate is projected to trend around 55.39 percent in 2021 and 55.42 percent in 2022, according to our econometric models.

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Bulgaria Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
55.00 56.40 57.40 47.90 2000 - 2020 percent Quarterly
NSA

Bulgaria Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.90 6.70 19.27 4.68 percent [+]
Employed Persons 3107.20 3222.70 3417.30 2628.18 Thousand [+]
Unemployed Persons 292.81 220.07 726.36 22.00 Thousand [+]
Long Term Unemployment Rate 2.20 2.30 13.00 2.20 percent [+]
Youth Unemployment Rate 13.30 10.30 38.60 8.20 percent [+]
Labour Costs 114.67 111.80 135.43 1.26 points [+]
Job Vacancies 18721.00 18942.00 25106.00 14033.00 [+]
Wages 1321.00 1308.00 1349.00 30.00 BGN/Month [+]
Minimum Wages 286.33 286.33 286.33 31.20 EUR/Month [+]
Population 7.00 7.05 8.99 7.00 Million [+]
Retirement Age Women 61.17 61.00 61.17 57.50 [+]
Retirement Age Men 64.08 64.00 64.08 62.50 [+]
Labor Force Participation Rate 55.00 56.40 57.40 47.90 percent [+]
Part Time Employment 52.50 60.00 91.10 41.10 Thousand [+]
Living Wage Family 1080.00 1080.00 1080.00 1030.00 BGN/Month [+]
Living Wage Individual 675.00 675.00 675.00 630.00 BGN/Month [+]
Productivity 112.90 112.40 112.90 55.30 points [+]
Wages High Skilled 1280.00 974.00 1280.00 826.00 BGN/Month [+]
Wages In Manufacturing 1165.00 1162.00 1165.00 201.00 BGN/Month [+]
Wages Low Skilled 600.00 545.00 600.00 472.00 BGN/Month [+]
Full Time Employment 3071.00 3134.10 3292.50 2328.60 Thousand [+]
Employment Change 0.40 -0.10 1.70 -3.50 percent [+]
Employment Rate 52.40 54.00 55.30 38.70 percent [+]