Bulgaria Poverty Claim Fact Checked
“Bulgaria isn't poor”
Summary
Bulgaria remains one of the poorest EU member states, with a GDP per capita of about $17,600 (nominal) and $42,000 (PPP), ranking near the bottom of the EU. Around 22 % of the population lives below the national poverty line, and poverty risk is among the highest in the Union. Therefore, the claim that “Bulgaria isn’t poor” is inaccurate.
Sources 80 searched
- Economy of Bulgaria - Wikipedia
At the same time annual inflation in the economy was variable and during the last five years (2003–2007) has seen a low of 2.3% and high of 7.3%. Most importantly, this poses a threat to the country's accession to the Eurozone. The Bulgarian government originally planned to adopt the Euro no sooner than 2015. Although Bulgaria since the beginning had the plan to have to adopt the euro as a condition to membership, plans would have been postponed until 2026, when with the arrive of the new year, they entered the euro. From a political point of view, there is a trade-off between Bulgaria's economic growth and the stability required for early accession to the monetary union.
- Poverty in Bulgaria - Wikipedia
Poverty in Bulgaria is a common phenomenon. As of 2023 the poverty line is an income of €257 or less per month and around 1.5 million Bulgarian citizens (22% of the population) live below the poverty line. According to Eurostat, as of 2017 23.4% of the Bulgarian population lives at risk of ...
- Bulgaria | World Bank Group
By 2025, convergence reached 68% of the average GDP per capita in the EU in purchasing power parity terms but the country remains one of the poorest EU member states. Robust growth has contributed to poverty reduction from 4.4% in 2023 to estimated ...
- Why Is Bulgaria Poor? - The Borgen Project
While the EU average risk of poverty ... with the highest level of this risk. Across the country, almost 10 percent of the population is defined as extremely poor, i.e....
- Everything To Know About Poverty in Bulgaria - The Borgen Project
While average wages and the poverty line have increased in recent years, they remain among the lowest in the EU. Individuals working in low-value-added industries (agriculture, most commonly) struggle most with poverty in Bulgaria. Due to low birth rates and emigration, Bulgaria’s population has dropped by nearly 25% since 1990.
- Constant GDP per capita for Bulgaria (NYGDPPCAPKDBGR) | FRED | St. Louis Fed
Graph and download economic data for Constant GDP per capita for Bulgaria (NYGDPPCAPKDBGR) from 1980 to 2024 about Bulgaria, per capita, real, and GDP.
- Real Gross Domestic Product for Bulgaria (CLVMNACSCAB1GQBG) | FRED | St. Louis Fed
Graph and download economic data for Real Gross Domestic Product for Bulgaria (CLVMNACSCAB1GQBG) from Q1 1996 to Q1 2026 about Bulgaria, real, and GDP.
- Bulgaria economy ranked: GDP growth, debt + 73 stats
... Bulgaria has a GDP per capita of $17,596, ranking 64/197, a GDP per capita based on purchasing power parity (PPP) of $41,969, ranking 54/197, and a median annual after tax income of $14,263, ranking 59/197.
- Rate (%) National Poverty Line 1,556.7 22.0 2017 International Poverty Line
Sources: WDI for GDP, National Statistical Offices for national poverty rates, POVCALNET as of Feburary 2020, and Global Monitoring Database for the rest. Despite recent progress in poverty reduction, the incidence of poverty in Bulgaria remains high for EU standards.
- Ratio de la population pauvre en fonction du seuil de pauvreté national (% de la population) - Bulgaria | Data
Ratio de la population pauvre en fonction du seuil de pauvreté national (% de la population) - Bulgaria from The World Bank: Data
- Bulgarie | Data
Bulgarie from The World Bank: Data
- Indice GINI - Bulgaria | Data
Écart de pauvreté à 4,20 $ par ... Multidimensional poverty headcount ratio (World Bank) (% of population) Taux de pauvreté à 8,30 $ par jour (PPA 2021) (% de la population) Multidimensional poverty headcount ratio (UNDP) (% of ...