← Home
Bulgaria in Numbers

Doing Business in Bulgaria: Key Facts & Figures 2026

The figures a foreign founder, investor or employer usually asks us for first: tax rates, wages and social security, the state of the economy, and how Bulgaria's 28 districts compare. Every figure shows its period and its source.

Economy and regional figures last updated 7 Oct 2026, checked against Eurostat weekly · tax and labour figures checked by YARD Law on 7 Oct 2026

At a glance

Bulgaria at a glance

Population
6.42 million

6,423,207 people on 31 December 2025

Checked7 Oct 2026
National Statistical Institute ↗
Currency
Euro

Since 1 January 2026, converted at the fixed rate of 1.95583 leva per euro

Checked7 Oct 2026
Bulgarian National Bank ↗
EU member
Since 2007

Joined the European Union on 1 January 2007; full Schengen member since 1 January 2025

Checked7 Oct 2026
European Union ↗
Capital
Sofia

Official language Bulgarian · time zone EET (UTC+2, UTC+3 in summer)

Checked7 Oct 2026
Tax

Main tax rates

Headline rates only. Whether a rate applies to you, and how, depends on your structure and residence - ask us before you rely on it.

Corporate income tax
10%

Flat rate on taxable profit

Checked7 Oct 2026
Ministry of Finance ↗
Dividend tax
5%

Final tax on dividends paid to individuals. A rise to 10% was proposed for 2026 and dropped. Withholding on dividends to foreign companies follows separate rules.

Checked7 Oct 2026
Ministry of Finance ↗
Personal income tax
10%

Flat rate on the annual taxable income of individuals

Checked7 Oct 2026
Ministry of Finance ↗
VAT
20%

Standard rate

Checked7 Oct 2026
Ministry of Finance ↗
Work & wages

Wages, social security and retirement

Social security contributions are charged on pay up to the maximum insurable income. Contribution rates are set each year in the social security budget law.

Minimum wage
€620.20

Per month, from 1 January 2026

Checked7 Oct 2026
National Social Security Institute ↗
Average gross wage
€1,444

Per month, Q2 2026, preliminary

Checked7 Oct 2026
National Statistical Institute ↗
Maximum insurable income
€2,300

Per month, from 1 August 2026 (€2,111.64 before). Social security contributions are not charged above it.

Checked7 Oct 2026
National Social Security Institute ↗
Retirement age
62y 6m · 64y 9m

Women · men, in 2026, with 36y 10m and 39y 10m of insured service respectively

Checked7 Oct 2026
National Social Security Institute ↗
Economy

The economy in six figures

These figures update automatically from Eurostat, the EU statistics office. Provisional and Estimate mean the statistics office may still revise them.

GDP
€116.0bn

current prices

Provisional2025
Eurostat · nama_10_gdp ↗
Real GDP growth
3.1%

real, year on year

Provisional2025
Eurostat · nama_10_gdp ↗
Inflation
5.6%

year on year, HICP

EstimateSep 2026
Eurostat · prc_hicp_minr ↗
Unemployment
3.6%

of the labour force, 15–74

OfficialQ2 2026
Eurostat · une_rt_q ↗
Government debt
29.9%

of GDP

Official2025
Eurostat · gov_10dd_edpt1 ↗
Budget balance
−3.5%

general government, of GDP

Official2025
Eurostat · gov_10dd_edpt1 ↗
Regions

How the 28 districts compare

In 2024, 6 of 28 districts grew in population. Switch layers to compare them; select any district for its full profile.

Population change 2024 · Eurostat ↗Total change per 1,000 residents in the year: births minus deaths, plus net migration.
Vidin Montana Vratsa Pleven Lovech Veliko Tarnovo Gabrovo Ruse Razgrad Silistra Varna Dobrich Shumen Targovishte Burgas Sliven Yambol Stara Zagora Sofia City Sofia Province Blagoevgrad Pernik Kyustendil Plovdiv Haskovo Pazardzhik Smolyan Kardzhali
  • ≤ −12‰
  • −12 to −4‰
  • −4 to +4‰
  • +4 to +12‰
  • ≥ +12‰

Boundaries: Eurostat GISCO, NUTS 2024 · © EuroGeographics for the administrative boundaries

All 28 districts. Sources: Eurostat (demo_r_gind3), National Statistical Institute, Eurostat (demo_r_pjanaggr3), Eurostat (nama_10r_3gdp).
DistrictPopulation change2024Natural change2025Population2025GDP per head2024Net migration2024
Blagoevgrad−2.6‰−6.0‰286,333€9,200+2.5‰
Burgas+11.6‰−6.5‰388,919€11,900+17.0‰
Dobrich−9.8‰−12.3‰145,207€9,100+3.3‰
Gabrovo−11.1‰−14.7‰93,817€12,700+3.4‰
Haskovo+1.2‰−9.1‰207,356€7,400+10.2‰
Kardzhali+19.7‰−9.6‰149,478€8,200+28.6‰
Kyustendil−14.4‰−14.8‰106,131€8,4000.0‰
Lovech−12.6‰−12.7‰110,823€9,200−0.3‰
Montana−15.7‰−14.1‰112,737€7,800−1.9‰
Pazardzhik−7.9‰−9.3‰223,494€9,100+0.6‰
Pernik−10.4‰−13.2‰109,886€9,100+4.4‰
Pleven−11.8‰−11.2‰215,326€9,800−0.8‰
Plovdiv+3.2‰−5.5‰635,630€13,100+8.5‰
Razgrad−12.4‰−11.8‰99,459€9,100−0.8‰
Ruse−9.3‰−12.2‰186,093€11,600+2.4‰
Shumen−2.8‰−9.9‰149,279€9,300+6.6‰
Silistra−12.6‰−12.1‰93,549€7,300+0.1‰
Sliven−4.4‰−3.9‰169,299€6,700−1.6‰
Smolyan−17.2‰−13.5‰90,534€9,500−5.0‰
Sofia City+6.9‰−2.2‰1,295,931€35,400+8.9‰
Sofia Province−7.6‰−9.3‰224,701€12,800+1.3‰
Stara Zagora−5.6‰−7.9‰288,736€22,400+1.9‰
Targovishte−9.2‰−11.3‰94,735€10,400+1.1‰
Varna+7.6‰−5.5‰437,521€15,200+12.8‰
Veliko Tarnovo−9.0‰−11.0‰200,413€11,300+2.7‰
Vidin−17.3‰−17.9‰70,542€8,300−0.1‰
Vratsa−11.0‰−11.3‰146,002€14,800−0.4‰
Yambol−8.4‰−8.3‰105,429€9,900−0.2‰
Starting a company

Starting a company in Bulgaria

The most common vehicle for foreign founders is a limited liability company (OOD, or EOOD with one owner). See our company formation service for non-residents, the practical guide, opening the company bank account and whether a company gives you residence.

Minimum capital, OOD / EOOD
€1

Limited liability company; each share at least €0.01

Checked7 Oct 2026
YARD Law: converting company capital to euro
Minimum capital, AD / EAD
€25,000

Joint-stock company; each share at least €0.01

Checked7 Oct 2026
YARD Law: converting company capital to euro
About the data

How these figures are kept current

Updated automatically. The economy figures and the district map come from Eurostat and the National Statistical Institute. A scheduled job checks Eurostat every week and publishes a figure only when the statistics office has released a newer one. A figure is never replaced by an older period, and a value outside a plausible range is held back for review rather than published.

Checked by hand. Tax rates, the minimum wage, social security limits and the retirement age have no automatic feed. YARD Law checks them against the Ministry of Finance, the National Social Security Institute and the National Statistical Institute, and each carries the date it was last checked. They are reviewed at least every January, when most of them change.

Download. The full dataset, with sources and periods, is available as JSON.

General information only, not tax or legal advice. Rates and thresholds depend on the facts of each case.

Setting up in Bulgaria?

Company formation, tax structuring, employment and residence, handled in English.