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Economy, jobs and prices in Razgrad (Severen tsentralen, Bulgaria): official figures

GDP per person was 14,700 purchasing power standards (PPS) in 2024, 37% of the EU average (66% for Bulgaria); 19th highest of 28 provinces in Bulgaria.

GDP per person (PPS)
14,700
2024
People in work
45,110
2023

How big is the economy of Razgrad?

The local economy produced €908.92 million of output (GDP) in 2024.

Source: Eurostat · saved copy

How many people work in Razgrad?

About 45,110 people worked in Razgrad in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the average salary in Razgrad district?

The average annual wage in Razgrad district was 21,765 leva in 2024, roughly 1,814 leva a month; that is 11th highest of 28 districts and 78% of the Bulgarian average (27,898 leva).

Source: National Statistical Institute of Bulgaria (NSI) · saved copy

Which jobs pay most in Razgrad district?

In Razgrad the best-paid sector in 2024 was arts, entertainment and recreation at 73,001 leva a year, and the lowest-paid was mining and quarrying at 11,778 leva.

Source: National Statistical Institute of Bulgaria (NSI) · saved copy

What is the GDP per capita of Razgrad district?

Gross domestic product per person in Razgrad was 17,763 leva in 2024, 56% of the national figure; industry produced 25.3% of its gross value added and services 63.9%.

Source: National Statistical Institute of Bulgaria (NSI) · saved copy

How much foreign investment does Razgrad district have?

Foreign direct investment in non-financial enterprises in Razgrad stood at 317 million euro at the end of 2024, or 3,191 euro per resident, 7th highest of 28 districts (national average 5,267 euro).

Source: National Statistical Institute of Bulgaria (NSI) · saved copy

How many companies are there in Razgrad district?

There were 5,252 non-financial enterprises in Razgrad in 2024 (53 per 1,000 residents, national 73), employing 21,327 people and reporting net sales of 4,189 million leva.

Source: National Statistical Institute of Bulgaria (NSI) · saved copy

What is the unemployment rate in Razgrad district?

Labour offices in Razgrad district had 3,983 registered unemployed people on average in 2024, a registered unemployment level of 9.7% against 5.2% nationally, 6th highest of 28 districts.

Source: National Statistical Institute of Bulgaria (NSI) · saved copy

How many hotels are there in Razgrad district?

Razgrad district had 22 accommodation establishments with 791 bed-places in 2024, and they welcomed 24,557 overnight visitors.

Source: National Statistical Institute of Bulgaria (NSI) · saved copy

What is the main industry in Razgrad?

The largest part of the economy of Razgrad in 2024 was public administration, education, health and other services, at 29.8% of gross value added, followed by industry (manufacturing, mining and energy) (21.4%).

Source: Eurostat · saved copy

How industrial is Razgrad?

Industry (manufacturing, mining and energy) made up 21.4% of output in 2024, against 19.4% for Bulgaria.

Source: Eurostat · saved copy

How fast is the economy of Razgrad growing?

Gross value added rose from €0.4 billion in 2015 to €0.8 billion in 2024 in current prices, an increase of 95% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Razgrad?

Of the 45,110 jobs located in Razgrad in 2023, 21% in public services, education, health and other services, 19% in industry and 30.6% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Razgrad?

The number of people working in Razgrad fell by 19.9% between 2015 and 2023, to 45,110.

Source: Eurostat · saved copy

More figures

How Razgrad compares with other provinces in Bulgaria

Registered unemployment level (%) (2024)

Razgrad ranks 6 of 28, highest first. Average annual number of unemployed registered at labour offices as a share of the labour force

RankAreaRegistered unemployment level (%)
3Silistra11.1%
4Montana11.1%
5Shumen10.2%
6Razgrad9.7%
7Vratsa9.7%
8Targovishte9.3%
9Blagoevgrad9.2%
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

Accommodation revenue per night spent (leva) (2024)

Razgrad ranks 17 of 28, highest first.

RankAreaAccommodation revenue per night spent (leva)
14Sliven69
15Ruse68
16Smolyan66
17Razgrad66
18Kardzhali65
19Yambol63
20Veliko Tarnovo62
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

Average annual wage of employees (leva) (2024)

Razgrad ranks 11 of 28, highest first. Employees under labour and civil-service contracts

RankAreaAverage annual wage of employees (leva)
8Gabrovo22,267
9Shumen22,095
10Pleven21,930
11Razgrad21,765
12Burgas21,644
13Pernik21,641
14Veliko Tarnovo21,565
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

Foreign direct investment per resident (euro) (2024)

Razgrad ranks 7 of 28, highest first. Stock in non-financial enterprises at 31 December 2024

RankAreaForeign direct investment per resident (euro)
4Gabrovo5,193
5Plovdiv4,110
6Varna3,767
7Razgrad3,191
8Stara Zagora3,152
9Ruse3,142
10Targovishte2,943
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

Non-financial enterprises per 1,000 residents (2024)

Razgrad ranks 23 of 28, highest first.

RankAreaNon-financial enterprises per 1,000 residents
20Shumen55
21Targovishte54
22Pazardzhik54
23Razgrad53
24Pleven52
25Vidin48
26Kardzhali48
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

Share of output from industry (manufacturing, mining and energy) (2024)

Razgrad ranks 13 of 28, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
10Lovech23.5%
11Pernik23.4%
12Yambol21.5%
13Razgrad21.4%
14Shumen21.0%
15Ruse21.0%
16Kyustendil20.5%
Source: Eurostat · saved copy

Share of output from finance, property and business services (2024)

Razgrad ranks 21 of 28, highest first.

RankAreaShare of output from finance, property and business services
18Pleven16.1%
19Veliko Tarnovo16.0%
20Pazardzhik15.6%
21Razgrad15.4%
22Kardzhali15.2%
23Plovdiv15.1%
24Targovishte14.0%
Source: Eurostat · saved copy

Share of output from public administration, education, health and other services (2024)

Razgrad ranks 6 of 28, highest first.

RankAreaShare of output from public administration, education, health and other services
3Silistra32.7%
4Sliven32.4%
5Montana31.0%
6Razgrad29.8%
7Lovech29.4%
8Veliko Tarnovo27.8%
9Haskovo27.1%
Source: Eurostat · saved copy

More on Razgrad: overview · health · education and schools · poverty and living standards · government and politics · Severen tsentralen · Bulgaria

Sources

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