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๐Ÿ‡ง๐Ÿ‡ฌ

Bulgaria

#49 globallyEurope

Average salary: $12,000/year ยท Currency: BGN ะปะฒ

Mean Annual Salary

$12,000

gross USD

Median Annual Salary

$9,500

gross USD

GDP per Capita

$13,564

current USD

PPP Factor

ร—0.42

vs USD base

Tax Breakdown at Median Salary

Estimated
Gross Income$9,500
Income Tax$1,235
Social Security$475
Health Insurance$190

Take-Home (Net) Annual

$7,600

Effective Tax Rate

20.0%

* Based on median salary of $9,500. Estimated combined rate. Consult a tax professional for accurate calculations.

๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria Economic Overview

Currency

BGN (ะปะฒ)

Region

Europe

Population

6.4M

Gini Coefficient

0.391

Cost of Living Index

42 (US=100)

Tax Data Available

Estimated

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Salary vs Global Benchmarks

Global Mean$18,000
Europe Mean$30,959
Bulgaria Mean$12,000

Global Ranking

#49

out of 117 countries

by average salary

About Salaries in Bulgaria

The average annual salary in Bulgaria is approximately $12,000 (gross, in USD), with a median of $9,500. The country ranks #49 out of 117 countries by average salary.

At the median salary, workers in Bulgaria take home approximately $7,600 after taxes โ€” an effective tax rate of 20.0%. The purchasing power parity factor of ร—0.42 means that in real terms, living costs are lower than in the United States.

Bulgaria is located in the Europe region. Income inequality, measured by the Gini coefficient, is 0.391 (moderate inequality).