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Education, Industry Analysis, Bulgaria, 2016

The Education industry in Bulgaria was represented by 3,502 companies at the end of 2016, compared to 3,351 in the previous year and 3,200 in 2014. The industry's net profit amounted to BGN 21,043,000 in 2016.

The industry's total revenue was BGN 278,072,000 in 2016, up by 0.29% compared to the previous year. The combined costs of the companies in the Education industry reached BGN 253,736,000 in 2016, up by 2.88% year-on-year.

The industry's total revenue makes up 0.33% to the country's Gross domestic product (GDP) in 2016, compared to 0.34% for 2015 and 0.37% in 2014.

A total of 7,697 people were employed in the Education industry in 2016, compared to 7,362 in 2015 and 7,350 in 2014. Most of the companies in the industry are based in Sofia, followed by Varna and Plovdiv

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