Bulgaria: advertising & market research sector turnover 2020

The turnover of the advertising and market research industry in Bulgaria decreased by 52.7 million euros since the previous year. Therefore, the turnover declined to 667.4 million euros in 2020.

Turnover is defined by Eurostat as the total of all sales (excluding VAT) of goods and services carried out by the enterprises of a given sector during the reference period.
Find more statistics on the advertising and market research industry in Bulgaria with key insights such as personnel costs, or production value.

Annual turnover of the advertising and market research sector in Bulgaria from 2011 to 2020 (in million euros)

Characteristic	Annual turnover in million euros
2020p	667.4
2019	720.1
2018b	742.5
2017	686.4
2016	688
2015	657.4
2014	593
2013	571.9
2012	564.9
2011	617.8

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Release date

February 2022

More information

Region

Bulgaria

Survey time period

2011 to 2020

Supplementary notes

p: Provisional value.
b: Break in time series.
The source adds the following information: Turnover corresponds to market sales of goods or services supplied to third parties; it includes all duties and taxes on the goods or services invoiced by the unit with the exception of the VAT invoiced to its customer; it also includes all other charges - transport, packaging, etc.
Data coverage corresponds to code M73 of NACE Rev 2.

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