Economy - overview:
Bulgaria, a former Communist country that entered the EU on 1 January 2007, averaged more than 6% annual growth from 2004 to 2008, driven by significant amounts of bank lending, consumption, and foreign direct investment. Successive governments have demonstrated a commitment to economic reforms and responsible fiscal planning, but the global downturn sharply reduced domestic demand, exports, capital inflows, and industrial production. GDP contracted by 5.5% in 2009, stagnated in 2010, despite a significant recovery in exports, grew 1.7% in 2011, and approximately 1% in 2012. Despite having a favorable investment regime, including low, flat corporate income taxes, significant challenges remain. Corruption in public administration, a weak judiciary, and the presence of organized crime continue to hamper the country's investment climate and economic prospects.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition by sector: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Investment (gross fixed): Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Agriculture - products: Industries: Industrial production growth rate: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad: Exchange rates: Fiscal year:
NOTE: 1) The information regarding Bulgaria on this page is re-published from the 2013 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Bulgaria Economy 2013 information contained here. All suggestions for corrections of any errors about Bulgaria Economy 2013 should be addressed to the CIA.
$103.7 billion (2012 est.)
country comparison to the world: 72
note:
data are in 2012 US dollars
[see also: GDP country ranks ]
$50.81 billion (2012 est.)
[see also: GDP (official exchange rate) country ranks ]
1% (2012 est.)
country comparison to the world: 161
[see also: GDP - real growth rate country ranks ]
$14,200 (2012 est.)
country comparison to the world: 91
note:
data are in 2012 US dollars
[see also: GDP - per capita country ranks ]
agriculture: 5.6%
[see also: GDP - composition by sector - agriculture country ranks ]
industry:
31.2%
services:
63.2% (2012 est.)
2.451 million (2012 est.)
country comparison to the world: 112
[see also: Labor force country ranks ]
agriculture: 7.1%
[see also: Labor force - by occupation - agriculture country ranks ]
industry:
35.2%
services:
57.7% (2009)
9.9% (2012 est.)
country comparison to the world: 107
[see also: Unemployment rate country ranks ]
21.8% (2008)
[see also: Population below poverty line country ranks ]
lowest 10%: 2%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%:
35.2% (2007)
45.3 (2007)
country comparison to the world: 40
[see also: Distribution of family income - Gini index country ranks ]
20.4% of GDP (2012 est.)
country comparison to the world: 92
[see also: Investment (gross fixed) country ranks ]
revenues: $17.19 billion
[see also: Budget revenues country ranks ]
expenditures:
$17.93 billion (2012 est.)
33.8% of GDP (2012 est.)
country comparison to the world: 77
[see also: Taxes and other revenues country ranks ]
-1.4% of GDP (2012 est.)
country comparison to the world: 63
[see also: Budget surplus (+) or deficit (-) country ranks ]
17.9% of GDP (2012 est.)
country comparison to the world: 132
[see also: Public debt country ranks ]
2.4% (2012 est.)
country comparison to the world: 45
[see also: Inflation rate (consumer prices) country ranks ]
0.03% (31 December 2012 est.)
country comparison to the world: 143
note:
Bulgarian National Bank (BNB) has had no independent monetary policy since the introduction of the Currency Board regime in 1997; this is BNB's base interest rate
[see also: Central bank discount rate country ranks ]
9.4% (31 December 2012 est.)
country comparison to the world: 82
[see also: Commercial bank prime lending rate country ranks ]
$13.91 billion (31 December 2011 est.)
country comparison to the world: 70
[see also: Stock of narrow money country ranks ]
$37.68 billion (31 December 2011 est.)
country comparison to the world: 74
[see also: Stock of broad money country ranks ]
$37.11 billion (31 December 2012 est.)
country comparison to the world: 68
[see also: Stock of domestic credit country ranks ]
$8.253 billion (31 December 2011)
country comparison to the world: 75
[see also: Market value of publicly traded shares country ranks ]
vegetables, fruits, tobacco, wine, wheat, barley, sunflowers, sugar beets; livestock
electricity, gas, water; food, beverages, tobacco; machinery and equipment, base metals, chemical products, coke, refined petroleum, nuclear fuel
5.9% (2011 est.)
country comparison to the world: 55
[see also: Industrial production growth rate country ranks ]
$542.8 million (2012 est.)
country comparison to the world: 45
[see also: Current account balance country ranks ]
$27.67 billion (2012 est.)
country comparison to the world: 68
[see also: Exports country ranks ]
clothing, footwear, iron and steel, machinery and equipment, fuels
Germany 12.2%, Romania 9.7%, Italy 8.7%, Turkey 8.1%, Greece 7.2%, Belgium 5.2%, France 4.3% (2011)
$30.32 billion (2012 est.)
country comparison to the world: 65
[see also: Imports country ranks ]
machinery and equipment; metals and ores; chemicals and plastics; fuels, minerals, and raw materials
Russia 17.8%, Germany 11.1%, Italy 7.2%, Romania 7%, Greece 5.7%, Spain 5.1%, Turkey 4.6% (2011)
$17.93 billion (31 December 2012 est.)
country comparison to the world: 60
[see also: Reserves of foreign exchange and gold country ranks ]
$43.24 billion (31 December 2012 est.)
country comparison to the world: 61
[see also: Debt - external country ranks ]
$52.29 billion (31 December 2012 est.)
country comparison to the world: 55
[see also: Stock of direct foreign investment - at home country ranks ]
$1.893 billion (31 December 2012 est.)
country comparison to the world: 70
[see also: Stock of direct foreign investment - abroad country ranks ]
leva (BGN) per US dollar -
calendar year
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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This page was last modified 11-Mar-13