Aggregate replacement ratio for pensions (excluding other social) in Bulgaria

Bulgaria: Aggregate replacement ratio for pensions (excluding other social) was 0.46 in 2025. β–Ό Falling

Latest (2025)
0.46
Change on year
up 4.5%
World rank
25th
of 35 countries
All-time high
0.48
in 2014
All-time low
0.35
in 2020
Years of data
16
2010–2025

Aggregate replacement ratio for pensions (excluding other social) in Bulgaria, 2010–2025

00.10.20.30.40.52010201720252010: 0.452011: 0.422012: 0.432013: 0.432014: 0.482015: 0.422016: 0.472017: 0.382018: 0.412019: 0.372020: 0.352021: 0.372022: 0.382023: 0.462024: 0.442025: 0.46

Source: Eurostat.

Analysis

The most recent figure for aggregate replacement ratio for pensions (excluding other social) in Bulgaria is 0.46, measured in 2025.

That represents a change of up 4.5% on the previous year and up 9.5% over ten years.

Over the whole period, aggregate replacement ratio for pensions (excluding other social) in Bulgaria peaked at 0.48 in 2014 and was at its lowest, 0.35, in 2020.

That places Bulgaria 25th out of 35 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.426 0.37 0.48 10
2020s 0.41 0.35 0.46 6

Countries ranked near Bulgaria

  1. 23 Malta 0.47 compare
  2. 23 Romania 0.47 compare
  3. 25 Denmark 0.46 compare
  4. 27 Montenegro 0.44 compare
  5. 28 Latvia 0.43 compare
  6. 28 Serbia 0.43 compare

See the full ranking of 38 places β†’

More reference data data for Bulgaria

All data for Bulgaria β†’

Frequently asked questions

What is aggregate replacement ratio for pensions (excluding other social) in Bulgaria?
Aggregate replacement ratio for pensions (excluding other social) in Bulgaria was 0.46 in 2025, according to Eurostat.
What is the highest aggregate replacement ratio for pensions (excluding other social) recorded in Bulgaria?
The highest recorded value was 0.48 in 2014.
What is the lowest aggregate replacement ratio for pensions (excluding other social) recorded in Bulgaria?
The lowest recorded value was 0.35 in 2020.
How does Bulgaria rank for aggregate replacement ratio for pensions (excluding other social)?
Bulgaria ranks 25th out of 35 countries with data for 2025.
Is aggregate replacement ratio for pensions (excluding other social) rising or falling in Bulgaria?
Over the last ten years it is up 9.5%. The long-run trend across the full record is falling.
Where does this Bulgaria data come from?
The figures come from Eurostat, published as part of Aggregate replacement ratio for pensions (excluding other social benefits) by sex. Statizoid updates them automatically from the source API.

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Aggregate replacement ratio for pensions (excluding other social) in Bulgaria. Statizoid, drawing on Eurostat. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/aggregate-replacement-ratio-for-pensions-excluding-other-social-benefits-by-sex/bulgaria/

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About this data

Indicator
Aggregate replacement ratio for pensions (excluding other social benefits) by sex
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
38 places, 574 data points, 2010–2025
Last refreshed