Prosperity gap in Bulgaria
Bulgaria: Prosperity gap was 1.4 average shortfall from a prosperity standard of $28/day in 2023. ▼ Falling
Prosperity gap in Bulgaria, 1989–2023
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
The most recent figure for prosperity gap in Bulgaria is 1.4 average shortfall from a prosperity standard of $28/day, measured in 2023.
That represents a change of down 6.7% on the previous year and down 46.2% over ten years.
Over the whole period, prosperity gap in Bulgaria peaked at 5.1 average shortfall from a prosperity standard of $28/day in 2006 and was at its lowest, 1.2 average shortfall from a prosperity standard of $28/day, in 1989.
That places Bulgaria 84th out of 121 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.2 average shortfall from a prosperity standard of $28/day | 1.2 average shortfall from a prosperity standard of $28/day | 1.2 average shortfall from a prosperity standard of $28/day | 1 |
| 1990s | 2.65 average shortfall from a prosperity standard of $28/day | 1.6 average shortfall from a prosperity standard of $28/day | 4.1 average shortfall from a prosperity standard of $28/day | 4 |
| 2000s | 3.23 average shortfall from a prosperity standard of $28/day | 2.2 average shortfall from a prosperity standard of $28/day | 5.1 average shortfall from a prosperity standard of $28/day | 6 |
| 2010s | 2.43 average shortfall from a prosperity standard of $28/day | 1.8 average shortfall from a prosperity standard of $28/day | 3 average shortfall from a prosperity standard of $28/day | 10 |
| 2020s | 1.5 average shortfall from a prosperity standard of $28/day | 1.4 average shortfall from a prosperity standard of $28/day | 1.6 average shortfall from a prosperity standard of $28/day | 4 |
Countries ranked near Bulgaria
- 83 Slovakia 1.5 average shortfall from a prosperity standard of $28/day compare
- 84 Italy 1.4 average shortfall from a prosperity standard of $28/day compare
- 84 Uruguay 1.4 average shortfall from a prosperity standard of $28/day compare
- 87 Greece 1.3 average shortfall from a prosperity standard of $28/day compare
- 87 Latvia 1.3 average shortfall from a prosperity standard of $28/day compare
- 87 Romania 1.3 average shortfall from a prosperity standard of $28/day compare
- 87 Spain 1.3 average shortfall from a prosperity standard of $28/day compare
- 87 Turkey 1.3 average shortfall from a prosperity standard of $28/day compare
- 87 United States 1.3 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Bulgaria
- Poverty headcount ratio at $8.30 a day (2021 PPP) 4.4% (2023)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 1.6% (2023)
- Poverty gap at $3.00 a day (2021 PPP) 0.4% (2023)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 1.0% (2023)
- Poverty gap at $8.30 a day (2021 PPP) 1.8% (2023)
- Poverty headcount ratio at societal poverty line 17.0% (2023)
- Poverty gap at $4.20 a day (2021 PPP) 0.7% (2023)
- Population living in slums 0.2% (2022)
- Income share held by second 20% 11.3% (2023)
- Gini index 39.5 (2023)
Frequently asked questions
- What is prosperity gap in Bulgaria?
- Prosperity gap in Bulgaria was 1.4 average shortfall from a prosperity standard of $28/day in 2023, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest prosperity gap recorded in Bulgaria?
- The highest recorded value was 5.1 average shortfall from a prosperity standard of $28/day in 2006.
- What is the lowest prosperity gap recorded in Bulgaria?
- The lowest recorded value was 1.2 average shortfall from a prosperity standard of $28/day in 1989.
- How does Bulgaria rank for prosperity gap?
- Bulgaria ranks 84th out of 121 countries with data for 2023.
- Is prosperity gap rising or falling in Bulgaria?
- Over the last ten years it is down 46.2%. The long-run trend across the full record is falling.
- Where does this Bulgaria data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
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About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.