Agricultural Land Prices and Rents in Agriculture in the Republic of Bulgaria in 2022

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Agricultural Land Prices and Rents in Agriculture in the Republic of Bulgaria in 2022

22.06.2023 11:00:00

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Agricultural Land Prices and Rents in Agriculture in the Republic of Bulgaria in 2022

In 2022 the average price of arable land transactions in Bulgaria reaches BGN 1 428 per decare, and the average price of arable land rents - BGN 63 per decare. Compared to the previous year, the price of arable land increased by 21.6%, and the rent payments - by 21.2%.

Compared to the previous year, there was an increase in the price of arable land transactions and in the price paid for rent/lease of one decare in all six statistical regions of the country.

Detailed data can be found on the website of NSI at
Agriculture

The National Statistical Institute (NSI) is a state institution in Bulgaria that collects, processes and disseminates official statistical information on social, economic and demographic processes in the country. The NSI's activities are aimed at providing objective and reliable data that support informed decision-making by the state, business and society. The Institute works in accordance with international statistical standards and is an active participant in the European Statistical System.