Bulgaria Economy

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Bulgaria's economy is a free market economy and has experienced rapid economic growth in recent years. Its nominal GDP currently stands at $54.3 billion putting it at 74th in the world. Bulgaria has attracted considerable amounts of foreign direct investment since 2001 and while it marked a decline of 5.5% in the economy in 2009, it quickly restored positive growth to 0.2% in 2010 before other Balkan countries. Although Bulgaria's economy has been growing, its income level remains one of the lowest in the European Union.

Major Bulgaria Indicators

Period Value % Chg Prev
Components of GDP (View all 1)
Bulgaria General Government Final Consumption Expenditure (NSA) 2020 19.44% of GDP 15.79%
Bulgaria Net Trade in Goods and Services (NSA) 2020 1.198B USD -45.52%
Bulgaria Trade (NSA) 2020 110.6% of GDP -11.66%
Consumer Prices (View all 1)
Bulgaria Consumer Price Index Sep 2021 109.92 0.17%
Bulgaria Inflation (NSA) 2020 1.67% -46.12%
Bulgaria Inflation Rate Sep 2021 4.00% 60.00%
Employment (View all 1)
Bulgaria Unemployment Rate Jul 2021 5.90% -1.67%
Bulgaria Youth Unemployment Rate Aug 2021 16.70% 5.03%
Energy (View all 1)
Bulgaria Petroleum Products Demand Aug 2021 940.00K mt 0.43%
Financial Services Sector Assets and Liabilities (View all 1)
Bulgaria Bank Liquid Reserves to Bank Assets Ratio (NSA) 2020 29.23% 61.37%
GDP (View all 1)
Bulgaria GDP (NSA) 2020 69.11B USD 0.80%
Bulgaria Real GDP YoY Outlook (NSA) 2026 2.80% -6.67%
Governance and Policy (View all 1)
Bulgaria Profit Tax (NSA) 2019 4.90% 0.00%
Government Assets and Liabilities (View all 1)
Bulgaria General Government Gross Debt Outlook (NSA) 2026 24.20% of GDP -5.10%
Government Receipts and Outlays (View all 1)
Bulgaria Expenses (NSA) 2018 35.88B BGN 8.90%
Bulgaria General Government Final Consumption Expenditure (NSA) 2020 19.44% of GDP 15.79%
Bulgaria Military Expenditure (NSA) 2019 3.716B BGN 133.3%
Bulgaria Profit Tax (NSA) 2019 4.90% 0.00%
Bulgaria Tax Revenue (NSA) 2019 24.36B BGN 10.01%
Infrastructure (View all 1)
Bulgaria Secure Internet Servers (NSA) 2020 48122.87 /mil ppl 19.60%
Interest Rates (View all 1)
Bulgaria Long Term Interest Rate Sep 2021 0.15% 7.14%
International Transactions (View all 1)
Bulgaria Net Trade in Goods and Services (NSA) 2020 1.198B USD -45.52%
Military (View all 3)
Bulgaria Military Expenditure (NSA) 2019 3.716B BGN 133.3%
Monetary (View all 1)
Bulgaria TARGET Transactions Value Sep 2021 62.70B EUR -2.94%
Population (View all 1)
Bulgaria Population Density (NSA) 2020 63.81 Ppl/kmĀ² -0.69%
Bulgaria Population Outlook (NSA) 2026 6.667M -0.60%
Sentiment Surveys (View all 1)
Bulgaria Consumer Confidence Indicator Sep 2021 -22.00
Bulgaria Economic Sentiment Indicator Sep 2021 98.90 -1.00%
View and sort all 830 Bulgaria Indicators

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