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Bulgaria Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

Bulgaria's unemployment rate was 3.54% in 2025, ranked 58th globally. This represents a 16.5% decrease from 2024. Data from World Bank, covering 1989–2025.

3.54% −0.70pp (-16.5%)
Year 2025 Rank #58 Global Peak 19.92% (2001) Source World Bank

Bulgaria Unemployment Rate (1989–2025)

Overview

Bulgaria's unemployment rate stood at 3.54% in 2025, a decline of +0.70pp from 2024. The IMF projects 3.50% by 2025. Bulgaria ranked 58th globally.

Bulgaria's unemployment rate has exhibited a significant fluctuation over the past 37 years, with a notable peak of 19.92% in 2001 and a trough of 0.03% in 1989. The country's current unemployment rate stands at 3.54%, ranking it 58th globally. This relatively low rate is closer to that of the Kyrgyz Republic, which shares a similar unemployment rate of 3.53%. In comparison to other countries with similar economies, Bulgaria's unemployment rate has improved substantially since its peak, which was largely influenced by the country's transition to a market-based economy in the 1990s. The unemployment rate has steadily declined, indicating a positive trend. However, if Bulgaria's economy were to experience a significant decline in growth or a major disruption in the labor market, such as a large-scale industry restructuring, it could potentially impact the unemployment rate and alter the current trajectory.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 3.20% - -
2029* IMF 3.20% - -
2028* IMF 3.20% - -
2027* IMF 3.30% - -
2026* IMF 3.40% - -
2025* IMF 3.50% - -
2025 3.54% −0.70pp #58
2024 4.20% −0.19pp #74
2023 4.32% +0.11pp #82
2022 4.15% −1.10pp #71
2021 5.17% −0.04pp #77
2020 5.04% +0.76pp #70
2019 4.15% −1.13pp #67
2018 5.21% −1.02pp #94
2017 6.16% −1.50pp #105
2016 7.58% −1.66pp #114
2015 9.14% −2.38pp #131
2014 11.42% −1.61pp #144
2013 12.94% +0.56pp #154
2012 12.27% +0.92pp #150
2011 11.26% +1.05pp #144
Show all years (1989-2025)
* IMF World Economic Outlook projection

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 15.3% Real rate -10.5%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Bulgaria matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Bulgaria's unemployment rate?▾

Bulgaria's unemployment rate was 3.54% in 2025. Ranked 58th globally. This represents a 16.5% decrease from the previous year.

What was the highest unemployment rate in Bulgaria?▾

Bulgaria's unemployment rate peaked at 19.92% in 2001.

What was the lowest unemployment rate in Bulgaria?▾

The lowest unemployment rate in Bulgaria was 0.03% in 1989.

How does Bulgaria rank in unemployment rate?▾

Bulgaria ranks 58th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?▾

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Bulgaria in 2025?▾

Bulgaria's unemployment rate is projected to reach 3.50% by 2025 based on IMF projection.

What is the unemployment rate of Bulgaria in 2025?▾

The unemployment rate of Bulgaria in 2025 was 3.54%. This ranks 58th in the world.

Cite this page

APA
Bulgaria Unemployment Rate. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/bulgaria/unemployment-rate/
BibTeX
@misc{historysaid_bulgaria_unemployment-rate, title = {Bulgaria Unemployment Rate}, url = {https://historysaid.com/bulgaria/unemployment-rate/}, publisher = {HistorySaid}, year = {2026} }
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