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Bulgaria Poverty Rate

Bulgaria's poverty rate fell to 1.1% in 2022, down from 1.2% in 2021, according to World Bank. This represents a decrease of 0.1% from the previous year. Bulgaria has poverty rate lower than the global median (1.10% vs median 1.90%). Compared with the median in Europe, Bulgaria is higher (1.10% vs regional median 0.30%) and ranks 8th out of 41 countries in Europe.

Bulgaria's annual unemployment rate fell to 4.1% in 2024, down from 4.32% in 2023.

Yearly Historical Data (1989-2022)

(in %)
Year Poverty Rate (%)
2022 1.1%
2021 1.2%
2020 0.7%
2019 1.6%
2018 1.5%
2017 2%
2016 3.1%
2015 4.6%
2014 2.7%
2013 3.3%
2012 3%
2011 3.4%
2010 2.7%
2009 1.8%
2008 1.9%
2007 2.5%
2006 8%
2003 2.2%
2001 4.7%
1997 0%
1995 1.9%
1994 0%
1992 0%
1989 0%
Bulgaria Poverty Rate : Definition
Poverty Rate measures the percentage of people in Bulgaria living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).
Indicator Last Value Prior Value Period
Adult Literacy Rate 98.4% 98% 2021
Gini Index 38.2 points 39 points 2022
Happiness Index 5.55 points 5.46 points 2024
Homicide Rate 1.28 0.99 2021
Population 6.44M 6.45M 2024
Primary Enrollment Rate 95.89% 95.61% 2022