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Financial service activities, except insurance and pension funding industry, Industry Analysis, Bulgaria, 2018

The Financial service activities, except insurance and pension funding industry in Bulgaria was represented by 1,913 companies at the end of 2018, compared to 1,888 in the previous year and 1,914 in 2016.

The industry's net profit amounted to BGN 1,210,661,000 in 2018.

The industry's total revenue was BGN 3,377,103,000 in 2018, down by 2.92% compared to the previous year.

The combined costs of the companies in the Financial service activities, except insurance and pension funding industry reached BGN 2,114,916,000 in 2018, up by 0.89% year-on-year.

The industry's total revenue makes up 3.41% to the country's Gross domestic product (GDP) in 2018, compared to 3.62% for 2017 and 3.10% in 2016.

A total of 10,376 people were employed in the Financial service activities, except insurance and pension funding industry in 2018, compared to 10,951 in 2017 and 10,981 in 2016.

Most of the companies in the industry are based in Sofia, followed by Plovdiv and Varna.

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