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Labor productivity, persons employed and hours worked for the third quarter of 2021


According to the preliminary data, GDP per person employed increased in real terms by 1.9% in the third quarter of 2021 compared to the same quarter of the previous year. The number of persons employed in the economy is 3 657.5 thousands and the total number of hours worked is 1 456.5 million. Compared with the same quarter of the previous year the structure of employment by economic sector in the third quarter of 2021 shows increase in the relative share of service and industrial sectors and decrease in agriculture sector.

GDP per person employed is BGN  9 879.3 and GDP per hour worked is BGN  24.8. Gross value added per person employed increased in real terms by 0.9% in the third quarter of 2021 compared to the corresponding quarter of the previous year. GVA per hour worked rose in real terms by 1.8%. GVA per person employed in industrial sector is BGN 9 067.8 and GVA per hour worked is BGN  22.0 according to the preliminary data for the third quarter of 2021. In service sector an average of BGN  8 866.3 Gross value added is produced by person employed or an average of BGN  22.4 GVA per hour worked. The lowest labor productivity is in agricultural sector - BGN  3 567.3 GVA per person employed and BGN 9.2 per hour worked.