Average Bulgarian Income Down 3,7% 4Q Y/Y

Average Bulgarian Income Down 3,7% 4Q Y/Y

The income of one Bulgarian from an average household is BGN 924 in the last quarter of 2010, or 3.7% down compared to the last quarter of 2009. The data was published Monday by the Bulgarian National Statistics Institute, NSI.

The major share of the income comes from salaries and retirement pensions - 83%.

Work wages top the Bulgarian household income sources - 52%. In the last three months of 2010 the average monthly income from work wages was BGN 480 per person or 1.3% down compared to the same period of 2009.

The share of retirement pensions as source of income is 31%. In the last quarter of 2010, the average monthly pension in Bulgaria was BGN 283 per person in a household - up 4%, compared to 2009.

Proceeds from freelance work and own business form 17% of the income - BGN 55 a month per person from a household.

The average expenses of a person from a household in the last three months of 2010 were BGN 866 - down 2% compared to the same period of 2009. Expenses are topped by those for food and housing (electric, fuel, and water bills) - 50% of all expenses. The expenses for food and non-alcoholic beverages amount to BGN 316 a month per person - up 1%.

Expenses for health care are down nearly 13% in the last quarter of 2010 compared to the last quarter of 2009 - BGN 43 a month per person and 5% of all expenses; those for transportation and communications are down 1% and amount to BGN 52 a month or 6% of all expenses.

Expenses for alcohol and tobacco products were BNG 38 a month per person at the end of 2010 - down 0.4% and 4% of all monthly expenses. Expenses for clothing and shoes are down nearly 8% - BGN 29 a month per person and 3% of all monthly expenses.

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