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Compensation of Employees (Local Currency) rose 8.61% to BGN 8.47 bil in Bulgaria in 2020

Compensation of Employees (Local Currency) (BGN bil), 2020
Labour | Bulgaria | February 1, 2023
$2.99
Excel Sheet

Compensation of Employees (Local Currency) rose 8.61% to BGN 8.47 bil in Bulgaria in 2020, according to World Bank.

Historically, Compensation of Employees (Local Currency) in Bulgaria reached an all time high of BGN 8.47 bil in 2020 and an all time low of BGN < 0.001 bil in 1990. When compared to Bulgaria's main peers, Compensation of Employees (Local Currency) in Greece amounted to EUR 18.8 bil, RON 90.1 bil in Romania, RSD 384 bil in Serbia and TRY 404 bil in Turkey in 2020.

Bulgaria has been ranked 90th within the group of 111 countries we follow in terms of Compensation of Employees (Local Currency), 13 places above the position seen 10 years ago.

Compensation of Employees (Local Currency) Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Albania ALL bil ... ... ... ... ... ... ... ... 84.6 85.8 81.4 88.0 89.6
Bosnia and Herzegovina BAM bil ... ... ... 2.87 2.89 2.88 2.89 2.99
Bulgaria BGN bil 5.48 5.71 5.59 6.18 6.63
Croatia HRK bil 20.6 20.7 21.3 22.2 23.8
Greece EUR bil 19.2 18.8 18.5 18.5 18.6
Hungary HUF bil 2,501 2,675 2,910 3,194 3,436
Iran IQD bil ... ... ... ... ... ... ... ... ... ... ...
Iraq IRR bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... 30,349 31,363 30,475 31,589 35,072 ...
Macedonia MKD bil ... ... ... ... ... 23.3 25.0 26.4 26.6 26.7
Moldova MDL bil 4.25 4.74 5.17 6.26 6.78
Romania RON bil 31.3 33.1 40.9 48.2 73.0
Serbia RSD bil ... ... ... ... ... ... ... 267 254 261 270 299
Turkey TRY bil ... ... ... ... ... ... ... ... 148 169 201 218 278
Ukraine UAH bil 73.0 83.6 109 140 178