Unemployment in Bulgaria

Bulgaria Unemployment | Economic News & Forecasts

Bulgaria - Unemployment

Preliminary national accounts data revealed the economy ended 2018 on a somewhat soft note, with annual growth in the fourth quarter matching the relatively weak showing of the previous quarter. Domestic demand lost traction in Q4, with consumer spending likely weighed on by moderating wage growth throughout the quarter. External metrics fared better, however, as exports of goods and services rebounded after declining in the previous two quarters, propping up the overall expansion. Meanwhile, survey-based data points to soft dynamics carrying over into 2019: Economic sentiment weakened in January and February, with consumers turning more pessimistic and confidence in the retail trade sector deteriorating in both months, boding ill for household spending gains in Q1.

Bulgaria - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate11.8  10.7  10.0  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 FocusEconomics calculations

Bulgaria Facts

Bond Yield0.740.0 %Mar 11
Exchange Rate1.74-0.72 %Mar 11
Stock Market584-0.35 %Mar 11

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