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

GDP per person was 24,600 purchasing power standards (PPS) in 2024, 62% of the EU average (66% for Bulgaria); 3rd highest of 28 provinces in Bulgaria.

GDP per person (PPS)
24,600
2024
People in work
224,150
2023

How big is the economy of Varna?

The local economy produced €6.6 billion of output (GDP) in 2024.

Source: Eurostat · saved copy

How many people work in Varna?

About 224,150 people worked in Varna in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the average salary in Varna district?

The average annual wage in Varna district was 26,007 leva in 2024, roughly 2,167 leva a month; that is 2nd highest of 28 districts and 93% of the Bulgarian average (27,898 leva).

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

Which jobs pay most in Varna district?

In Varna the best-paid sector in 2024 was information and communication at 48,085 leva a year, and the lowest-paid was other service activities at 17,411 leva.

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

What is the GDP per capita of Varna district?

Gross domestic product per person in Varna was 29,690 leva in 2024, 93% of the national figure; industry produced 22.0% of its gross value added and services 76.3%.

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

How much foreign investment does Varna district have?

Foreign direct investment in non-financial enterprises in Varna stood at 1,648 million euro at the end of 2024, or 3,767 euro per resident, 6th highest of 28 districts (national average 5,267 euro).

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

How many companies are there in Varna district?

There were 35,601 non-financial enterprises in Varna in 2024 (81 per 1,000 residents, national 73), employing 150,031 people and reporting net sales of 28,738 million leva.

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

What is the unemployment rate in Varna district?

Labour offices in Varna district had 6,963 registered unemployed people on average in 2024, a registered unemployment level of 3.5% against 5.2% nationally, 2nd lowest of 28 districts.

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

How many hotels are there in Varna district?

Varna district had 409 accommodation establishments with 64,549 bed-places in 2024, and they welcomed 1,188,562 overnight visitors.

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

What is the main industry in Varna?

The largest part of the economy of Varna in 2024 was trade, transport, hospitality and communications, at 33.9% of gross value added, followed by finance, property and business services (22.1%).

Source: Eurostat · saved copy

How industrial is Varna?

Factories, mines and energy produced 15.1% of the value added in Varna in 2024, against 19.4% for Bulgaria.

Source: Eurostat · saved copy

How fast is the economy of Varna growing?

Gross value added rose from €2.7 billion in 2015 to €5.8 billion in 2024 in current prices, an increase of 117% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Varna?

Of the 224,150 jobs located in Varna in 2023, 23% in public services, education, health and other services, 13% in industry and 7.7% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Varna?

The number of people working in Varna fell by 1.8% between 2015 and 2023, to 224,150.

Source: Eurostat · saved copy

More figures

How Varna compares with other provinces in Bulgaria

Registered unemployment level (%) (2024)

Varna ranks 27 of 28, highest first. Average annual number of unemployed registered at labour offices as a share of the labour force

RankAreaRegistered unemployment level (%)
22Plovdiv4.0%
23Stara Zagora4.0%
24Sofia4.0%
25Gabrovo3.9%
26Pernik3.8%
27Varna3.5%
28Sofia (stolitsa)1.7%
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

Accommodation revenue per night spent (leva) (2024)

Varna ranks 5 of 28, highest first.

RankAreaAccommodation revenue per night spent (leva)
2Blagoevgrad104
3Sofia93
4Dobrich92
5Varna92
6Pazardzhik88
7Burgas84
8Lovech81
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

Average annual wage of employees (leva) (2024)

Varna ranks 2 of 28, highest first. Employees under labour and civil-service contracts

RankAreaAverage annual wage of employees (leva)
1Sofia (stolitsa)38,728
2Varna26,007
3Sofia25,190
4Vratsa25,052
5Stara Zagora24,731
6Plovdiv23,473
7Ruse22,490
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

Foreign direct investment per resident (euro) (2024)

Varna ranks 6 of 28, highest first. Stock in non-financial enterprises at 31 December 2024

RankAreaForeign direct investment per resident (euro)
3Burgas5,558
4Gabrovo5,193
5Plovdiv4,110
6Varna3,767
7Razgrad3,191
8Stara Zagora3,152
9Ruse3,142
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

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

Varna ranks 4 of 28, highest first.

RankAreaNon-financial enterprises per 1,000 residents
1Sofia (stolitsa)103
2Burgas86
3Blagoevgrad82
4Varna81
5Smolyan76
6Plovdiv73
7Dobrich72
Source: National Statistical Institute of Bulgaria (NSI) · saved copy

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

Varna ranks 22 of 28, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
19Targovishte17.6%
20Dobrich17.0%
21Montana15.4%
22Varna15.1%
23Blagoevgrad14.8%
24Haskovo13.2%
25Silistra10.0%
Source: Eurostat · saved copy

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

Varna ranks 4 of 28, highest first.

RankAreaShare of output from finance, property and business services
1Sofia (stolitsa)29.3%
2Vidin23.7%
3Sliven22.2%
4Varna22.1%
5Kyustendil21.7%
6Yambol21.4%
7Haskovo20.6%
Source: Eurostat · saved copy

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

Varna ranks 24 of 28, highest first.

RankAreaShare of output from public administration, education, health and other services
21Targovishte21.5%
22Burgas21.5%
23Gabrovo21.4%
24Varna20.3%
25Vratsa17.7%
26Sofia (stolitsa)14.7%
27Sofia12.4%
Source: Eurostat · saved copy

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

Sources

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