Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

IMF reports high levels of shadow economy in Bulgaria

Photo: library

The average size of shadow economy in Bulgaria between 1991 and 2015 amounted to 29.17%, a survey of the International Monetary Fund named Shadow Economies Around the World, made in 158 countries, shows. The size of gray economy in Bulgaria fluctuated between 20.83% and 35.3% over the years. The size of gray economy in Bulgaria is extremely high as compared to other EU countries. Data for 2017 places Bulgaria at the top of 31 European countries in terms of shadow economy.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Rain showers expected on Saturday, daytime highs will reach 20°C

Tonight, the cloud cover will be significant, with rain expected in parts of the western half of the country—more substantial in the central regions. The lowest temperatures will range between 6°C and 11°C, around 9°C in Sofia. On Saturday,..

published on 4/18/25 6:50 PM

13 people detained in Sofia during Police operation against illegal migration

Thirteen people were arrested in central Sofia during a specialized police operation aimed at countering illegal migration and preventing crimes committed by or against foreign nationals. The operation took place on April 16 and 17, said the Ministry..

published on 4/18/25 5:37 PM

Blind ultrarunner Victor Asenov inducted into the Everesting Hall of Fame

Blind ultrarunner Victor Asenov has officially become part of the Everesting Hall of Fame, Sportal.bg reports. Between March 21 and 23, the ''Invictus'' Victor Asenov completed 19 consecutive ascents from Aleko Hut to Cherni Vrah Mount on..

published on 4/18/25 3:59 PM