Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria reports significant decrease in the amount of money sent by Bulgarians abroad

Photo: Ani Petrova, BNR

The amount of money sent by Bulgarians abroad to their home country has decreased significantly. According to data of the Bulgarian National Bank, in the first two months of 2021 Bulgarians abroad sent only EUR 24.8 million to Bulgaria. In the same period last year, the money sent by Bulgarians abroad was 8 times higher and amounted to EUR 198.2 million. Before the Covid-19 pandemic, Bulgarians abroad used to send between EUR 80 million and EUR 100 million a month to their families in Bulgaria.

The negative trend began in the spring of 2020. In 2020, Bulgarians abroad transferred a total of EUR 358.9 million to their home country, while in 2019, they sent a record-high amount of money to Bulgaria-EUR 1.2 billion.




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

Vice President Iliana Iotova: "Because of the changes in the Constitution, MPs are unable to elect Parliamentary Speaker"

Vice President Iliana Iotova pointed out that the changed texts in the Constitution have turned against their creators.  Yotova told journalists that "because of these changes in the Constitution, the Speaker of the National Assembly cannot be..

published on 11/21/24 4:45 PM

Bulgaria is among the first in the EU in new car registrations

New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%.  According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..

published on 11/21/24 3:45 PM

Teachers in Bulgaria ready to go on strike, demand pay rise

77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a national survey by Podkrepa trade union. Half of those surveyed are in favour of a nation-wide..

published on 11/21/24 1:30 PM