Labor Force Participation Rate in Bulgaria decreased to 54.90 percent in the first quarter of 2021 from 55.80 percent in the fourth quarter of 2020. source: National Statistical Institute, Bulgaria

Labor Force Participation Rate in Bulgaria averaged 52.64 percent from 2000 until 2021, 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 2021.

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 2022 and 55.42 percent in 2023, according to our econometric models.

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Bulgaria Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
54.90 55.80 57.40 47.90 2000 - 2021 percent Quarterly
NSA

Bulgaria Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.10 6.50 19.27 4.68 percent [+]
Employed Persons 3028.70 3126.90 3417.30 2628.18 Thousand [+]
Unemployed Persons 200.42 214.05 726.36 22.00 Thousand [+]
Long Term Unemployment Rate 2.20 2.20 13.00 2.20 percent [+]
Youth Unemployment Rate 12.10 14.90 38.60 8.20 percent [+]
Labour Costs 151.25 127.28 151.25 1.26 points [+]
Job Vacancies 14962.00 18818.00 25106.00 14033.00 [+]
Wages 1500.00 1431.00 1500.00 30.00 BGN/Month [+]
Minimum Wages 332.34 311.89 332.34 31.19 EUR/Month [+]
Population 6.95 7.00 8.99 6.95 Million [+]
Retirement Age Women 61.67 61.50 61.67 57.50 [+]
Retirement Age Men 64.33 64.25 64.33 62.50 [+]
Labor Force Participation Rate 54.90 55.80 57.40 47.90 percent [+]
Part Time Employment 47.50 58.20 91.10 41.10 Thousand [+]
Productivity 115.50 112.40 115.50 55.30 points [+]
Wages In Manufacturing 1240.00 1253.00 1253.00 201.00 BGN/Month [+]
Full Time Employment 2982.20 3014.60 3292.50 2328.60 Thousand [+]
Employment Change -0.40 -0.50 1.70 -3.50 percent [+]
Employment Rate 51.40 52.90 55.30 38.70 percent [+]