Data / Rankings / Enterprise death rate / NUTS 3 areas of Bulgaria

NUTS 3 areas of Bulgaria by enterprise death rate, 2023

Sofia (stolitsa) had the highest enterprise death rate of 28 areas in 2023, at 19.6%. Targovishte had the lowest, at 12%. The median was 14.26% and the figure for Bulgaria was 7.95%. Source: Eurostat, European Commission.

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Highest19.6Sofia (stolitsa)
Lowest12Targovishte
Median14.2628 areas
Bulgaria7.95History

All areas, 2023

Sofia (stolitsa): 19.6 %Sofia (stolitsa)19.6Varna: 18.47 %Varna18.47Burgas: 17.9 %Burgas17.9Dobrich: 16.16 %Dobrich16.16Shumen: 15.76 %Shumen15.76Blagoevgrad: 15.2 %Blagoevgrad15.2Yambol: 15.07 %Yambol15.07Sliven: 14.71 %Sliven14.71Plovdiv: 14.64 %Plovdiv14.64Haskovo: 14.6 %Haskovo14.6Montana: 14.55 %Montana14.55Ruse: 14.35 %Ruse14.35Pleven: 14.27 %Pleven14.27Vidin: 14.27 %Vidin14.27Stara Zagora: 14.25 %Stara Zagora14.25Razgrad: 14.17 %Razgrad14.17Pazardzhik: 13.79 %Pazardzhik13.79Vratsa: 13.54 %Vratsa13.54Pernik: 13.48 %Pernik13.48Lovech: 13.47 %Lovech13.47Sofia: 13.45 %Sofia13.45Gabrovo: 13.38 %Gabrovo13.38Kyustendil: 13.3 %Kyustendil13.3Smolyan: 13.01 %Smolyan13.01Veliko Tarnovo: 13 %Veliko Tarnovo13Silistra: 12.81 %Silistra12.81Kardzhali: 12.74 %Kardzhali12.74Targovishte: 12 %Targovishte12Sofia (stolitsa): 19.6 %Sofia (stolitsa)19.6Varna: 18.47 %Varna18.47Burgas: 17.9 %Burgas17.9Dobrich: 16.16 %Dobrich16.16Shumen: 15.76 %Shumen15.76Blagoevgrad: 15.2 %Blagoevgrad15.2Yambol: 15.07 %Yambol15.07Sliven: 14.71 %Sliven14.71Plovdiv: 14.64 %Plovdiv14.64Haskovo: 14.6 %Haskovo14.6Montana: 14.55 %Montana14.55Ruse: 14.35 %Ruse14.35Pleven: 14.27 %Pleven14.27Vidin: 14.27 %Vidin14.27Stara Zagora: 14.25 %Stara Zagora14.25Razgrad: 14.17 %Razgrad14.17Pazardzhik: 13.79 %Pazardzhik13.79Vratsa: 13.54 %Vratsa13.54Pernik: 13.48 %Pernik13.48Lovech: 13.47 %Lovech13.47Sofia: 13.45 %Sofia13.45Gabrovo: 13.38 %Gabrovo13.38Kyustendil: 13.3 %Kyustendil13.3Smolyan: 13.01 %Smolyan13.01Veliko Tarnovo: 13 %Veliko Tarnovo13Silistra: 12.81 %Silistra12.81Kardzhali: 12.74 %Kardzhali12.74Targovishte: 12 %Targovishte12
%. Source: Eurostat, Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, death rate, percentage of active enterprises (bd_size_r). Retrieved 2026-10-12.

Full ranking

RankAreas2023 (%)Change on 2022
1Sofia (stolitsa) Provisional19.6+11.11 pts
2Varna Provisional18.47+9.61 pts
3Burgas Provisional17.9+8.39 pts
4Dobrich Provisional16.16+7.5 pts
5Shumen Provisional15.76+7.58 pts
6Blagoevgrad Provisional15.2+5.32 pts
7Yambol Provisional15.07+6.18 pts
8Sliven Provisional14.71+6.13 pts
9Plovdiv Provisional14.64+7.14 pts
10Haskovo Provisional14.6+6.25 pts
11Montana Provisional14.55+6.05 pts
12Ruse Provisional14.35+5.9 pts
13Pleven Provisional14.27+6.65 pts
13Vidin Provisional14.27+5.86 pts
15Stara Zagora Provisional14.25+6.81 pts
16Razgrad Provisional14.17+5.81 pts
17Pazardzhik Provisional13.79+6.23 pts
18Vratsa Provisional13.54+5.96 pts
19Pernik Provisional13.48+5.52 pts
20Lovech Provisional13.47+5.94 pts
21Sofia Provisional13.45+5.58 pts
22Gabrovo Provisional13.38+6.3 pts
23Kyustendil Provisional13.3+4.88 pts
24Smolyan Provisional13.01+6.71 pts
25Veliko Tarnovo Provisional13+5.19 pts
26Silistra Provisional12.81+5.39 pts
27Kardzhali Provisional12.74+5.06 pts
28Targovishte Provisional12+3.64 pts

Other periods

About this ranking

Enterprise deaths in the year as a percentage of the enterprises active in the same year. A death is an enterprise that stopped trading and was not reactivated within two years.

Eurostat and OECD harmonised business demography. The latest year is provisional until the two-year reactivation window has passed. Not an insolvency rate, and not comparable with establishment_exit_rate, which counts closed US business locations.

Every value in the ranking comes from the same publisher and the same period, so the areas are compared on one definition. Equal values share a rank.

How to cite

Eurostat. Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, death rate, percentage of active enterprises (bd_size_r). https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

Eurostat, European Commission. (2026). Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, death rate, percentage of active enterprises (bd_size_r) (NUTS 3 areas of Bulgaria by enterprise death rate, 2023) [Data set]. Retrieved October 12, 2026, from https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table

MLA 9

Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, death rate, percentage of active enterprises (bd_size_r), NUTS 3 areas of Bulgaria by enterprise death rate, 2023. Eurostat, European Commission, 13 Mar. 2026, https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table. Invokely, https://invokely.ai/rankings/enterprise-death-rate/bulgaria-provinces. Accessed 12 Oct. 2026.

Chicago (author-date)

Eurostat, European Commission. 2026. Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, death rate, percentage of active enterprises (bd_size_r). NUTS 3 areas of Bulgaria by enterprise death rate, 2023. Dataset. Accessed October 12, 2026. https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table. Also distributed by Invokely, https://invokely.ai/rankings/enterprise-death-rate/bulgaria-provinces.

Harvard

Eurostat, European Commission (2026) Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, death rate, percentage of active enterprises (bd_size_r), NUTS 3 areas of Bulgaria by enterprise death rate, 2023 [Dataset]. Available at: https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table, via Invokely: https://invokely.ai/rankings/enterprise-death-rate/bulgaria-provinces (Accessed: 12 October 2026).

BibTeX
@misc{eurostat_nuts_3_areas_of_2023,
  author = {{Eurostat, European Commission}},
  title = {{Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, death rate, percentage of active enterprises (bd\_size\_r): NUTS 3 areas of Bulgaria by enterprise death rate, 2023}},
  year = {2026},
  howpublished = {Data set},
  url = {https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/rankings/enterprise-death-rate/bulgaria-provinces. Publisher attribution: Eurostat. Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, death rate, percentage of active enterprises (bd\_size\_r). https://ec.europa.eu/eurostat/databrowser/view/bd\_size\_r/default/table. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - Eurostat, European Commission
TI  - Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, death rate, percentage of active enterprises (bd_size_r): NUTS 3 areas of Bulgaria by enterprise death rate, 2023
PY  - 2026
DA  - 2026/03/13
PB  - Eurostat, European Commission
DB  - Invokely
UR  - https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table
L2  - https://invokely.ai/rankings/enterprise-death-rate/bulgaria-provinces
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/enterprise-death-rate/bulgaria-provinces.
N1  - Publisher attribution: Eurostat. Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, death rate, percentage of active enterprises (bd_size_r). https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table. Retrieved 2026-10-12.
ER  -
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Questions

Which area has the highest enterprise death rate?

Sofia (stolitsa), with 19.6% in 2023, according to Eurostat, European Commission.

Which area has the lowest enterprise death rate?

Targovishte, with 12% in 2023.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: Eurostat, European Commission, Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, death rate, percentage of active enterprises (bd_size_r). Retrieved 2026-10-12.

Enterprise death rate: other rankings

NUTS 3 areas of Bulgaria: more rankings