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Bulgaria Music Industry Outlook 2022 - 2026

See how Bulgaria Music performed compared to key markets such as Germany, the United Kingdom and France.

Key Market Indicators

Bulgarian Music Revenue is predicted to grow to around €25 million by 2026, up from €20 million in 2021. This growth is estimated to average around 2.4% year-on-year. Since 2013, the Bulgarian market has grown 0.5% year-on-year. In 2021, Bulgaria ranked 21st in terms of revenue, with Iceland ahead at €20 million. The United Kingdom, France, and Sweden ranked 2nd, 3rd, and 4th respectively. Meanwhile, Bulgarian Music Expenditure is set to reach €3.15 billion by 2026, up from €2.63 billion in 2021, with an average year-on-year growth rate of 1.9%. Since 2000, demand in Bulgaria has increased 1.5% year-on-year. In 2021, Croatia overtook Bulgaria at €2.63 billion, while Germany, France, and Italy ranked 2nd, 3rd, and 4th respectively.

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Bulgaria Music Market Data and Forecasts