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) 2017 16.03% of GDP 2.35%
Bulgaria Household Final Consumption Expenditure (NSA) 2016 60.89% of GDP -2.63%
Bulgaria Net Trade in Goods and Services (NSA) 2017 1.136B USD -47.98%
Bulgaria Trade (NSA) 2017 131.1% of GDP 6.05%
Consumer Prices (View all 1)
Bulgaria Consumer Price Index Oct 2018 103.55 0.15%
Bulgaria Inflation (NSA) 2017 2.06%
Bulgaria Inflation Rate Oct 2018 3.60% 0.00%
Employment (View all 1)
Bulgaria Unemployment Rate Oct 2018 5.40% 1.89%
Bulgaria Youth Unemployment Rate Oct 2018 11.90% -4.03%
Energy (View all 1)
Bulgaria Petroleum Products Demand Sep 2018 435.00K mt -60.27%
Financial Services Sector Assets and Liabilities (View all 1)
Bulgaria Bank Liquid Reserves to Bank Assets Ratio (NSA) 2017 22.42% -8.78%
GDP (View all 1)
Bulgaria GDP (NSA) 2017 56.83B USD 6.74%
Bulgaria Real GDP Growth (NSA) 2023 2.80% Chg Yr 0.00%
Governance and Policy (View all 1)
Bulgaria Profit Tax (NSA) 2017 5.00% 0.00%
Government Assets and Liabilities (View all 1)
Bulgaria General Government Gross Debt (NSA) 2023 18.50% of GDP -5.13%
Government Receipts and Outlays (View all 1)
Bulgaria Expenses (NSA) 2016 30.46B BGN -1.14%
Bulgaria General Government Final Consumption Expenditure (NSA) 2017 16.03% of GDP 2.35%
Bulgaria Military Expenditure (NSA) 2016 1.337B BGN 14.67%
Bulgaria Profit Tax (NSA) 2017 5.00% 0.00%
Bulgaria Tax Revenue (NSA) 2016 18.86B BGN 5.43%
Infrastructure (View all 1)
Bulgaria Secure Internet Servers (NSA) 2016 172.84 /mil ppl -4.78%
Interest Rates (View all 1)
Bulgaria Long Term Interest Rate Nov 2018 0.75% 1.35%
International Transactions (View all 1)
Bulgaria Net Trade in Goods and Services (NSA) 2017 1.136B USD -47.98%
Military (View all 3)
Bulgaria Military Expenditure (NSA) 2016 1.337B BGN 14.67%
Monetary (View all 1)
Bulgaria TARGET Transactions Value Oct 2018 40.70B EUR 15.30%
Population (View all 1)
Bulgaria Population (NSA) 2023 6.806M -0.60%
Bulgaria Population Density (NSA) 2017 65.18 -0.73%
Sentiment Surveys (View all 1)
Bulgaria Consumer Confidence Indicator Nov 2018 -31.10
Bulgaria Economic Sentiment Indicator Nov 2018 106.00 -1.03%
View and sort all 882 Bulgaria Indicators
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