10-th Annual TURI conference Wage developments in Bulgaria Dr. Lyuben TOMEV - Director of ISTUR 16-18 May 2018, Berlin
GDP and Average Wage Real Increase in Bulgaria for the period 1991-2017 (1990=100.0) Source: NSI 180 160 155 140 120 113.2 100 80 Real 60 Wage Real 40 GDP 20 0 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Average and Minimum wage real increase in Bulgaria for the period 1991-2017 (1990=100.0) Source: NSI 114.1 120 113.2 100 88.9 85.4 80 73.8 Real AW 55.3 60 61.1 Real MW 51.5 40 35.4 21.8 20 0 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Minimum/Average Wage Ratio in Bulgaria for the period 1990-2017 Source: NSI % 60 52.1 50 46.3 43.4 40 43.1 36.4 35.9 30 26.5 20 10 0
GDP per Capita, Labour productivity per hour worked, Compensation per employee PPS-Data for Bulgaria, EU28=100 Source: EUROSTAT and own calculations 60 51 50 49 46 46 44 47 47 44 46 46 46 43 45 45 44 40 43 43 42 43 44 40 38 40 41 37 40 39 35 38 37 37 36 35 34 GDP/Cap 30 32 30 28 LP/ hour 26 24 23 23 20 22 Com/Emp 10 0
Compensation of employees (% of GDP) Source: EUROSTAT 60 48.5 47.9 47.5 47.8 47.7 47.5 47.2 47.4 47.4 50 47 46.7 46.5 41.3 41.8 43.1 41 32.7 32.2 33.6 35.4 36.4 35.4 36.9 39.6 40 BG 30 EU-28 20 10 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 6
Minimum wage, average pension pro 1 pensioner, official poverty line (in EUR monthly) Source: NSSI and NSI Minimum wage Average pension Poverty line 235 215 189 176 174 170 165 160 158 158 153 150 146 145 139 136 135 128 128 125 123 123 123 121 112 108 108 107 99 85 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Low paid workers – relative share (2014) Employees on full working time with gross wage bellow 67% of median wage (Source: Eurostat – Structure of earnings) 30 25.5 24.4 25 22.8 21.3 18.7 18.2 20 15.1 14.8 15 12 8.8 10 5.3 3.8 5 2.6 0 Lat Rom Est UK CzR Bul Mal Aus Por Fra Fin Bel Swe
Lorenz curve of gross annual earnings in 2014 (Source: NSI – Structure of earnings) 100 90 80 Total wages - % 70 60 50 40 30 20 10 0 0 10 20 30 40 50 60 70 80 90 100 Employees - %
Highest and lowest paid economic activities in 2017 (average monthly wage – EUR), A96 Classification (Source: NSI) Top 10 AMW 10 on the bottom AMW Repair of personal & household goods 339 Computer programming 1610 Medical-social care 339 Air transport 1495 Social assistance 336 Oil manufacture 1390 Manufacture of clothing 328 Insurance 1086 Information services 1004 Veterinary medicine 327 Head offices and consultancy 977 Manufacture of leather, footwear 311 Advertising 962 Services to buildings & landscape 311 Mining of metal ores 952 Security and investigation 310 Financial services 936 Other personal services 300 Electricity, gas, steam 905 Restaurants and food services 296
Compensation per hour worked • 2017 г. C/1h in Bulgaria 5.1 EUR (Е U – 23.1) • Nominal gap 4.5 times, and in PPS – 2.2 times • Comparative level of C/1h in PPS 46.3% of EU • 2007 г. C/1h in Bulgaria 2.3 EUR (Е U - 19.5) • Nominal gap 8.5 times, and in PPS – 3.9 times • Comparative level of C/1h in PPS 25.6% of EU
Average monthly salary 2017 (Gross, Net and in PPS) State Gross Net Net (EUR) (EUR) (PPS) Bulgaria 542 423 887 Denmark 5191 3270 2436 Luxembourg 4412 3159 2612 Netherlands 2855 2155 1944 Estonia 1221 957 1305 Slovakia 980 748 1121 Hungary 955 635 1076
Minimum wages – levels and growth rates (2018/2017) • High levels of MW – Luxembourg, Ireland, Netherlands, Belgium, France, Germany, UK ( 1999- 1463 EUR ), average rate - 1.8% • Middle levels of MW – Spain, Slovenia, Malta, Greece, Portugal ( 859-677 EUR ), average rate – 2.9% • Low levels of MW – (the 10 new member states: Poland 503 , Bulgaria 261 EUR ), average rate – 8.4%
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