Minimum wage in Bulgaria rises to BGN 650

As of 1st of January 2021, the minimum monthly salary in Bulgaria will go up to 650 BGN. The increase is by 6.6% compared to the size from 2020.

The proposed new size of the minimum wage of BGN 650 will contribute to reducing poverty among workers, reducing inequalities in income distribution, increasing purchasing power and consumption of the lowest income groups in the labour market, increasing the motivation of the workforce and reducing unfair competition.

From January 1, the minimum rate of payment per hour will be BGN 3.92.