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Economy, jobs and prices in Shumen (Severoiztochen, Bulgaria): official figures

GDP per person was 15,000 purchasing power standards (PPS) in 2024, 38% of the EU average (66% for Bulgaria); 15th highest of 28 provinces in Bulgaria.

GDP per person (PPS)
15,000
2024
People in work
72,790
2023

How big is the economy of Shumen?

The local economy produced €1.4 billion of output (GDP) in 2024.

Source: Eurostat · saved copy

How many people work in Shumen?

About 72,790 people worked in Shumen in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the average salary in Shumen district?

Employees in Shumen district earned an average of 22,095 leva in 2024 (about 1,841 leva a month), 79% of the national average of 27,898 leva and 9th highest of 28 districts.

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

Which jobs pay most in Shumen district?

In Shumen the best-paid sector in 2024 was financial and insurance activities at 40,647 leva a year, and the lowest-paid was accommodation and food service activities at 13,064 leva.

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

What is the GDP per capita of Shumen district?

Gross domestic product per person in Shumen was 18,103 leva in 2024, 57% of the national figure; industry produced 26.6% of its gross value added and services 64.2%.

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

How much foreign investment does Shumen district have?

Foreign direct investment in non-financial enterprises in Shumen stood at 237 million euro at the end of 2024, or 1,586 euro per resident, 11th lowest of 28 districts (national average 5,267 euro).

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

How many companies are there in Shumen district?

There were 8,232 non-financial enterprises in Shumen in 2024 (55 per 1,000 residents, national 73), employing 39,575 people and reporting net sales of 6,480 million leva.

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

What is the unemployment rate in Shumen district?

Labour offices in Shumen district had 6,446 registered unemployed people on average in 2024, a registered unemployment level of 10.2% against 5.2% nationally, 5th highest of 28 districts.

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

How many hotels are there in Shumen district?

Shumen district had 86 accommodation establishments with 1,907 bed-places in 2024, and they welcomed 51,568 overnight visitors.

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

What is the main industry in Shumen?

The largest part of the economy of Shumen in 2024 was public administration, education, health and other services, at 26.7% of gross value added, followed by industry (manufacturing, mining and energy) (21.0%).

Source: Eurostat · saved copy

How industrial is Shumen?

Industry (manufacturing, mining and energy) made up 21.0% of output in 2024, against 19.4% for Bulgaria.

Source: Eurostat · saved copy

How fast is the economy of Shumen growing?

Gross value added rose from €0.6 billion in 2015 to €1.2 billion in 2024 in current prices, an increase of 103% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Shumen?

Of the 72,790 jobs located in Shumen in 2023, 21% in public services, education, health and other services, 23% in industry and 26.1% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Shumen?

The number of people working in Shumen fell by 6.8% between 2015 and 2023, to 72,790.

Source: Eurostat · saved copy

More figures

How Shumen compares with other provinces in Bulgaria

Registered unemployment level (%) (2024)

Shumen ranks 5 of 28, highest first. Average annual number of unemployed registered at labour offices as a share of the labour force

RankAreaRegistered unemployment level (%)
2Vidin13.7%
3Silistra11.1%
4Montana11.1%
5Shumen10.2%
6Razgrad9.7%
7Vratsa9.7%
8Targovishte9.3%
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

Accommodation revenue per night spent (leva) (2024)

Shumen ranks 21 of 28, highest first.

RankAreaAccommodation revenue per night spent (leva)
18Kardzhali65
19Yambol63
20Veliko Tarnovo62
21Shumen62
22Vidin60
23Silistra59
24Pernik58
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

Average annual wage of employees (leva) (2024)

Shumen ranks 9 of 28, highest first. Employees under labour and civil-service contracts

RankAreaAverage annual wage of employees (leva)
6Plovdiv23,473
7Ruse22,490
8Gabrovo22,267
9Shumen22,095
10Pleven21,930
11Razgrad21,765
12Burgas21,644
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

Foreign direct investment per resident (euro) (2024)

Shumen ranks 18 of 28, highest first. Stock in non-financial enterprises at 31 December 2024

RankAreaForeign direct investment per resident (euro)
15Kardzhali2,147
16Lovech1,880
17Veliko Tarnovo1,604
18Shumen1,586
19Vratsa1,216
20Pleven1,205
21Sliven999
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

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

Shumen ranks 20 of 28, highest first.

RankAreaNon-financial enterprises per 1,000 residents
17Sliven57
18Sofia56
19Lovech56
20Shumen55
21Targovishte54
22Pazardzhik54
23Razgrad53
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

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

Shumen ranks 14 of 28, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
11Pernik23.4%
12Yambol21.5%
13Razgrad21.4%
14Shumen21.0%
15Ruse21.0%
16Kyustendil20.5%
17Veliko Tarnovo18.8%
Source: Eurostat · saved copy

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

Shumen ranks 11 of 28, highest first.

RankAreaShare of output from finance, property and business services
8Pernik20.2%
9Montana19.4%
10Burgas18.9%
11Shumen18.1%
12Lovech18.1%
13Silistra17.7%
14Dobrich17.4%
Source: Eurostat · saved copy

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

Shumen ranks 11 of 28, highest first.

RankAreaShare of output from public administration, education, health and other services
8Veliko Tarnovo27.8%
9Haskovo27.1%
10Smolyan26.8%
11Shumen26.7%
12Kyustendil26.2%
13Blagoevgrad25.9%
14Pazardzhik24.2%
Source: Eurostat · saved copy

More on Shumen: overview · health · education and schools · poverty and living standards · government and politics · Severoiztochen · Bulgaria

Sources

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