Bulgaria's Income Divide: Majority Earn Under 1,500 Euros While a Few Make Millions

In 2023, approximately 2,400 Bulgarians earned monthly incomes exceeding 50,000 leva (around 25,000 euros), according to data requested by Mediapool. Of these high earners, around two-thirds received between 50,000 leva and 100,000 leva per month, while the highest earners saw annual incomes of up to 6 million leva, derived from salaries and management fees.

Meanwhile, more than a million people in Bulgaria reported taxable incomes below 1,000 leva (around 500 euros) per month, and only about 175,000 individuals, representing 7% of wage earners, had monthly salaries ranging between 3,000 leva and 5,000 leva....