Palma ratio wb in Bulgaria

Bulgaria: Palma ratio wb was 1.8 in 2023. ▲ Rising

Latest (2023)
1.8
Change on year
up 7.0%
World rank
30th
of 120 countries
All-time high
1.98
in 2018
All-time low
1.16
in 1992
Years of data
19
1992–2023

Palma ratio wb in Bulgaria, 1992–2023

00.511.521992200720231992: 1.22006: 1.52007: 1.52008: 1.32009: 1.32010: 1.52011: 1.42012: 1.52013: 1.52014: 1.62015: 1.72016: 1.92017: 1.92018: 22019: 1.92020: 1.92021: 1.72022: 1.72023: 1.8

Source: Our World in Data.

Analysis

In 2023, palma ratio wb in Bulgaria stood at 1.8.

The figure is up 7.0% on the previous year and up 17.1% over ten years.

Over the whole period, palma ratio wb in Bulgaria peaked at 1.98 in 2018 and was at its lowest, 1.16, in 1992.

Bulgaria ranks 30th of 120 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 19 years of available data.

Palma ratio wb in Bulgaria, year by year

Annual values for Palma ratio wb in Bulgaria, 1992 to 2023.
Year Value Change
1992 1.16 —
2006 1.46 +25.6%
2007 1.52 +4.1%
2008 1.31 -13.5%
2009 1.33 +1.3%
2010 1.47 +10.3%
2011 1.36 -7.2%
2012 1.49 +9.6%
2013 1.54 +3.3%
2014 1.62 +5.1%
2015 1.7 +4.9%
2016 1.92 +12.8%
2017 1.9 -0.8%
2018 1.98 +4.1%
2019 1.88 -5.2%
2020 1.91 +1.7%
2021 1.75 -8.3%
2022 1.68 -3.7%
2023 1.8 +7.0%

Bulgaria compared with similar countries

  • Bulgaria's 1.8 is above the median for high income countries, which is 1.23, 1.5× the median. (42 countries reporting)
  • Bulgaria's 1.8 is above the median for Europe & Central Asia, which is 1.13, 1.6× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.16 1.16 1.16 1
2000s 1.4 1.31 1.52 4
2010s 1.68 1.36 1.98 10
2020s 1.79 1.68 1.91 4

Countries ranked near Bulgaria

  1. 27 Rwanda 1.83 compare
  2. 28 Morocco 1.83 compare
  3. 29 El Salvador 1.82 compare
  4. 31 Dominican Republic 1.75 compare
  5. 32 Gambia 1.75 compare
  6. 33 Malawi 1.73 compare

See the full ranking of 120 places →

More reference data data for Bulgaria

All data for Bulgaria →

Frequently asked questions

What is palma ratio wb in Bulgaria?
Palma ratio wb in Bulgaria was 1.8 in 2023, according to Our World in Data.
What is the highest palma ratio wb recorded in Bulgaria?
The highest recorded value was 1.98 in 2018.
What is the lowest palma ratio wb recorded in Bulgaria?
The lowest recorded value was 1.16 in 1992.
How does Bulgaria rank for palma ratio wb?
Bulgaria ranks 30th out of 120 countries with data for 2023.
Is palma ratio wb rising or falling in Bulgaria?
Over the last ten years it is up 17.1%. The long-run trend across the full record is rising.
Where does this Bulgaria data come from?
The figures come from Our World in Data, published as part of Palma ratio wb. Statizoid updates them automatically from the source API.

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Palma ratio wb in Bulgaria. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/bulgaria/

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About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed