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NSI: Household Income in Bulgaria Grows By 7.3% in 2018

NSI: Household Income in Bulgaria Grows By 7.3% in 2018

12.05.2019

novinite.com
novinite.com

The annual total income average per capita is 6 013 BGN in 2018 and increases by 7.6% compared to 2017. The total income average per household member increases 1.6 times during the 2009 - 2018 period.

The following more important changes with respect to the sources of total average income per household member are observed during the 2009 - 2018 period:

• Income from wages and salaries in 2018 is 3 336 BGN, increases by 9.8% compared to 2017 and by 73.0% compared to 2009; • Income from pensions during the last year is 1 645 BGN, increases by 11.2% compared to 2017 and by 61.4% compared to 2009; • Income from self-employment in 2018 is 420 BGN, increases by 11.4% compared to 2017 and by 59.1% compared to 2009;

• Income from other earnings during the last year is 70 BGN, decreases by 45.7% compared to 2017 and decreases by 54.2% compared to 2009;

• Income from social benefits (unemployment benefit, family allowances and other social benefits) in 2018 is 156 BGN, decreases by 16.6% compared to 2017 and increases by 27.9% compared to 2009. Income from wages and salaries has a highest relative share within the total household structure. This share in 2018 is 55.5%, by 1.1 percentage points (pp) more than 2017 and by 3.3 pp more than 2009.

Social transfers (pensions, unemployment benefits, family allowances and other social benefits) form 29.8% within the total income in 2018. Income from pensions has the highest relative share within the social transfers - 27.3% within the total income in 2018, increases by 0.8 pp compared to 2017 and decreases by 0.3 pp compared to 2009.

In 2018 the relative share of income from self-employment is 7.0%, increases by 0.3 pp compared to 2017 and decreases by 0.1 pp compared to 2009.

The relative share of income from other earnings is 1.2% in 2018, decreases by 1.1 pp compared to 2017 and decreases by 2.9 pp compared to 2009.

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The published article is a translation/revision of the original article or material of the relevant quoted media. According to the Copyright Act of the Republic of Bulgaria (art. 9), the copyright on the translation or revised text belongs to the person who did it without prejudice to the rights of the author of the original text. If you wish to use the information in this article, please contact the author to obtain permission.

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